Ontology

<h2 id="header-0">Highlights</h2><p>Keep your portfolio on track with ease by auto-tracking<a href="https://twitter.com/search?q&#61;%24ONT&amp;src&#61;cashtag_click" rel="noopener noreferrer nofollow"> ONT</a>. You can now buy or sell<a href="https://twitter.com/search?q&#61;%24ONT&amp;src&#61;cashtag_click" rel="noopener noreferrer nofollow"> ONT</a> using your credit card!</p><p><img src="https://miro.medium.com/max/700/0*7ZvAT7HU86lFIVSC" /></p><h2 id="header-1"><strong>Latest Developments</strong></h2><h3 id="strong-development-progress-strong"><strong>Development Progress</strong></h3><ul><li>We are 100% done with the Rollup VM design. The White Paper will be published soon.</li><li>We are 98% done with the Rollup L1&lt;-&gt;L2 cross-layer communication.</li><li>We are 98% done with the Rollup L1&lt;-&gt;L2 Token Bridge.</li><li>We are 99% done with the L1 data synchronization server.</li><li>We are 92% done with the L2 blockchain browser.</li><li>We are 19% done with the optimization of EVM Bloom Bit Index</li><li>We are 20% done with the optimization of Ledger memory usage</li><li>We are 7% done with the optimization of ONT staking liquidity</li></ul><h3 id="strong-product-development-strong"><strong>Product Development</strong></h3><ul><li>ONTO has updated to 4.4.7, integrated SUI (devnet), Neon (devnet) and Findora chains.</li><li>ONTO has optimized “Address Book” function; Support for selecting from recent transaction addresses; Improved feature for adding new addresses.</li><li>ONTO has joined an AMA Twitter Space with Nuls.</li></ul><p><img src="https://miro.medium.com/max/680/0*DpJgAUCy_fP2OSdF" /></p><p>- ONTO has partnered with KuCoin</p><p><img src="https://miro.medium.com/max/680/0*DXSR8ODTn0hihx_j" /></p><h3 id="strong-on-chain-activity-strong"><strong>On-Chain Activity</strong></h3><ul><li>160 total dApps on MainNet as of February 20th, 2023.</li><li>7,351,150 total dApp-related transactions on MainNet, an increase of 24,613 from last week.</li><li>18,360,077 total transactions on MainNet, an increase of 34,768 from last week.</li></ul><h3 id="strong-community-growth-strong"><strong>Community Growth</strong></h3><ul><li>We started our <a href="https://twitter.com/OntologyNetwork/status/1626325087145308160" rel="noopener noreferrer nofollow">Weekly Community Call Series</a> — “ Thursday Talks”. We covered some insights on how Tiktok helps people to generate more interesting content based on Web3, especially for non-crypto users. Users expressed their insights around this and actively engaged.</li><li>We held our Telegram weekly Community Discussion led by Ontology Loyal Members, continuing the topic on “how decentralized identity runs as the underlying infrastructure in the VR &amp; AR world”. Besides, we also covered some insights about the crackdown of Kraken Exchange. Participants got the chance to win Loyal Member NFTs.</li><li>As always, we’re active on <a href="https://twitter.com/OntologyNetwork" rel="noopener noreferrer nofollow">Twitter</a> and <a href="https://t.me/OntologyNetwork" rel="noopener noreferrer nofollow">Telegram</a>, where you can keep up with our latest developments and community updates.</li></ul><h3 id="strong-global-news-strong"><strong>Global News</strong></h3><ul><li>Continuing our ‘Meet the Team’ series, we’re very pleased to ask Ontology Community Moderator, Mathus Ginoa a few questions.</li></ul><p><img src="https://miro.medium.com/max/700/0*hJw256q-nSNzVkmS" /></p><h3 id="in-the-media">In the Media</h3><p><strong>Automotive World- <a href="https://www.automotiveworld.com/articles/how-will-web3-and-blockchain-shape-mobility-supply-chains/" rel="noopener noreferrer nofollow">How will Web3 and blockchain shape mobility supply chains?</a></strong></p><p>Blockchain technology is attracting interest from the automotive industry because of its potential to securely facilitate payments for both vehicles and vehicle parts without the risk of losing data.</p><p>Follow us on social media!</p><p>Ontology website / ONTO website / <a href="https://github.com/ontio/OWallet/releases" rel="noopener noreferrer nofollow">OWallet (GitHub)</a></p><p><a href="https://twitter.com/OntologyNetwork/?source&#61;post_page---------------------------" rel="noopener noreferrer nofollow">Twitter</a> / <a href="https://www.reddit.com/r/OntologyNetwork/" rel="noopener noreferrer nofollow">Reddit</a> / <a href="https://www.facebook.com/ONTnetwork/?source&#61;post_page---------------------------" rel="noopener noreferrer nofollow">Facebook</a> / <a href="https://www.linkedin.com/company/13604309" rel="noopener noreferrer nofollow">LinkedIn</a> / <a href="https://www.youtube.com/channel/UCXzLZJgDglAWRU0b2GOa7pA" rel="noopener noreferrer nofollow">YouTube</a> / <a href="https://m.blog.naver.com/ontology8" rel="noopener noreferrer nofollow">NaverBlog</a> /<a href="https://hub.forklog.com/tag/ontology/" rel="noopener noreferrer nofollow"> Forklog</a></p><p><a href="https://t.me/OntologyAnnouncements" rel="noopener noreferrer nofollow">Telegram Announcement</a> / <a href="https://t.me/OntologyNetwork" rel="noopener noreferrer nofollow">Telegram English</a> / <a href="https://github.com/ontio/?source&#61;post_page---------------------------" rel="noopener noreferrer nofollow">GitHub</a> / <a href="https://discord.gg/pQRHtbD" rel="noopener noreferrer nofollow">Discord</a></p>

Ontology Weekly Report (February 14–20, 2023)

Table of Contents

Ontology

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