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Welcome to another edition of the Ontology Weekly Report. This week, we’re excited to share updates on our development milestones, new product features, and active community engagements. Here’s a detailed look at our activities this week:
Latest Developments
- Decentralized Identity Discussion at MPost’s Hack Seasons: Geoff and Humpty delivered an insightful talk on decentralized identity during MPost’s Hack Seasons, discussing the impact and future of DID in the blockchain space.
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- DXSALE Giveaway: We partnered with DXSALE for an exciting giveaway, providing our community members with more opportunities to engage and win rewards.
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Development Progress
- Ontology EVM Trace Trading Function Completion: We’re thrilled to announce that the Ontology EVM Trace Trading Function is now fully operational at 100%, enhancing our trading capabilities within the EVM significantly.
- Added API for ONT RPC Trading: A new API for ONT RPC trading has been added, improving functionality and accessibility for developers and users.
- ONT Leverage Staking Design: Development progress has reached 60%, moving us closer to providing innovative and flexible staking options for our community.
Product Development
- New Feature in ONTO: A new feature has been launched in the ONTO app, allowing users to manage their nodes directly within the app, streamlining node operations and user interactions.
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- Ongoing ONTO Giveaways: The giveaway with Fiat24 continues. Don’t miss out on the chance to participate and win exciting prizes.
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On-Chain Activity
- Stable dApp Ecosystem: The number of dApps on our MainNet remains robust at 177.
- Transaction Growth: This week, there was an increase of 1,828 dApp-related transactions, totaling 7,775,343, and an overall increase of 8,277 transactions on MainNet, reaching 19,498,560.
Community Growth
- Engaging Community Discussions: Our community platforms, including Twitter and Telegram, have been buzzing with lively discussions and updates. This week’s Telegram discussion led by Ontology Loyal Members focused on “Exploring Interoperable DID Solutions: Web2, Web3, and Beyond,” covering topics like KYC, login systems, and peer-to-peer interactions.