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Ontology Weekly Report (May 9–15, 2023)

Highlights

OKX Wallet now supports the Ontology Bridge! This collaboration makes it even easier to participate in the Ontology #EVM, ensuring a seamless experience. We’re committed to making Web3 as smooth as possible.

Latest Developments

Development Progress

● We are 80% done with the high ledger memory usage optimization.

● We are 80% done with the EVM bloom bit index optimization.

● We are 65% done with the optimization of ONT liquid staking.

Product Development

● ONTO has announced the monthly report of April.

● ONTO has listed $BIBI on BNB Chain.

● ONTO has published a blog: Decentralized Identity (DID) in Crypto Wallets: A Game-Changer for Security and Privacy.

On-Chain Activity

● 164 total dApps on MainNet as of May 15th, 2023.

● 7,535,950 total dApp-related transactions on MainNet, an increase of 14,503 from last week.

● 18,683,191 total transactions on MainNet, an increase of 21,580 from last week.

Community Growth

● We started our Weekly Community Call Series. We talked about Bitcoin Miami Conference. Users expressed their insights around this and actively engaged.

● We held our Telegram weekly Community Discussion led by Ontology Loyal Members, discussing Meme coins. Participants got the chance to win Loyal Member NFTs.

● As always, we’re active on Twitter and Telegram, where you can keep up with our latest developments and community updates.

Global News

● Discover the convenience of exchanging $ONT on ChangeNOW! $ONT plays a pivotal role in empowering a decentralized, digital identity framework.

● Celebrating our integration with iZUMi! They now support assets on the Ontology EVM, paving the way for improved liquidity and a smoother experience.

● Loyal member Sasen and Furst joined the AMA with Crypto Wallet on behalf of Ontology, discussing the ecosystem of Ontology and how ONT ID empowers Web3 world.

● Continuing our ‘Meet the Team’ series, we’re very pleased to ask Ontology Harbinger, Hamzat a few questions.

● It’s time for our latest OWN101, as part of our OWNInsights series. This week, we bring you “Merkle Tree”.

Contact us

- Ontology official website: https://ont.io/

- Email contact: contact@ont.io

- GitHub: https://github.com/ontio/

- Telegram group: https://t.me/OntologyNetwork