Ontology (ONT) News, Price Predictions, Opinions and Analyses Created by Users

Ontology (ONT)

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Ontology (ONT) is a cryptocurrency made by OnChain in 2017. It is a high-performance blockchain/tangle project and distributed trust collaboration platform that aims to bring the blockchain to the enterprise world in a user-friendly way.

Ontology aims to simplify the blockchain space, allowing businesses to use blockchain technology even if they have no prior knowledge of distributed ledgers. This will help businesses and large-scale enterprises increase their efficiency without the need to hire highly specialized blockchain developers.

With the tools provided by Ontology, businesses can create and customize their own high-performance private blockchains right on top of the Ontology network, which will also be interoperable with the Ontology mainchain and other blockchains on the network if needed to be. The fact that Ontology creates separate blockchains for each solution allows the entire network to scale to a very high-performance, something that large-scale enterprises would need on the blockchain. These private/public blockchain will all be able to host dApps and will be secured by a new consensus mechanism known as Verifiable Byzantine Fault Tolerance (VBFT), a new mechanism which powers the Ontology Consensus Engine vis Smart Contracts by combining elements of the Proof of Stake (PoS), Verifiable Random Function (VRF) and Byzantine Fault Tolerance (BFT) consensus mechanisms.

Ontology did not conduct a pre-mine or an ICO, instead, they elected to airdrop 20 million ONT tokens to NEO holders during March 2018. Onchain, the creator of Ontology, has also created the NEO blockchain - although these two projects, ONT and NEO, have been promised as completely seperate entities. 

In this tag you can discover Ontology (ONT) news, price prediction, opinion and analysis created by users.


Publish0x Interview: Wing Finance

3 May 2021 5 minute read 1 comment Abhimanyu Krishnan

Next up in our series of interviews with up-and-coming DeFi projects is Wing Finance, a credit-based cross-chain DeFi platform built by the Ontology (ONT) team. We asked them about the fundamental pain points they are addressing, unique features and...

Top 5 Crypto Tokens Connected to the Polkadot Ecosystem

23 Apr 2021 3 minute read 6 comments Heath Muchena

1) Polkadot (DOT token) An open-source sharding multichain protocol, Polkadot facilitates the cross-chain transfer of any data or asset types, not just tokens. DOT is the native token of the Polkadot platform. Every activity carried out on the platfo...

ONT Approaches Long-Term Resistance Line – Break Out Imminent? - (TA - 20th of January)

20 Jan 2021 1 minute read 1 comment pheonixdown-dee

The Ontology (ONT) price is approaching a long-term resistance line that has been in place since Sept 2018. However, neither the price move nor technical indicators confirm the possibility of a breakout. Long-Term Levels ONT has been following a desc...

EPISODE 11: NXM and ONT

25 Dec 2020 13 minute read 2 comments SirGerardThe1st

Merry Christmas and a Happy New Year to all Publish0xers!   Did you realize that in the near future there will be no more "cents"? Why is this very important? Because we have been used for several centuries to the decimal system that divides a moneta...

ONTO - Ontology Data Wallet || Manage your own digital identities, data and assets

18 Dec 2020 1 minute read 0 comments FreedomBuilder

  💸💸💸 Earn a part of the $50,000 worth of BNB directly in your ONTO Wallet! Simply deposit any amount of BNB (BEP-20). ✨ Onotlogy wallet Multi-Token Support: ONT / BTC / ETH / NEO / DOT / BSC / BC / TRX 🏦 Ontology (ONT) is Already Listed in CoinMarke...

First Polkadot Decoded on December 3, Features Ampleforth, Ontology and Others

2 Dec 2020 1 minute read 2 comments Abhimanyu Krishnan

The Polkadot (DOT) network will host its first official session of the Polkadot Decoded event on Dec. 3, which will include an appearance by multiple industry insiders. The event will feature panel discussions, talks by parachain developers, applica...

ESSAY - A different way of looking at free will.

24 Oct 2020 17 minute read 4 comments forstersphilosophy

This is for the more philosophically inclined. But it is, in my humble opinion, the best essay I have ever wrote. So if there is even one person on here that may find it interesting and engages with it, that' s a win.  In this essay, I will be using...

Flamingo (FLM) - frictionless access to Neo, Ethereum and Ontology based Networks

27 Sep 2020 2 minute read 12 comments PVMihalache

Flamingo Protocol is a full stack decentralized finance platform build on NEO block-chain, with a high level of interoperability. The project is based in Singapore and aims to innovate the DeFi ecosystem with a bundle of add-ons which will provide a...

Daimler Blockchain Division Partners with Ontology, Unveils Mobility Platform

25 Sep 2020 1 minute read 0 comments Abhimanyu Krishnan

Digital identity and data management blockchain project Ontology (ONT) has partnered with automobile manufacturer Daimler’s blockchain division and blockchain-based products. Daimler announced at Startup Autobahn EXPO Day, held on September 24. The...

Wing (WING): the DeFi Digital Asset Lending Platform for everyone

19 Sep 2020 2 minute read 10 comments PVMihalache

What is WING? Wing is a credit-based, cross-chain DeFi lending platform which comes as an inovation to the digital asset lending market. The innovative highlight is given by the cross-chain interaction between DeFi products, creating and promoting a...