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.


Ontology (ONT) Price Prediction

1 Aug 2020 4 minute read 0 comments ChangeNOW

Introduction Ontology is a high performance public blockchain that includes distributed ledger and smart contract systems. ONT coin in the native cryptocurrency of this distributed collaboration platform. Ontology enables a decentralized network envi...

Ontology (ONT): Is it worth Staking?

12 Jul 2020 4 minute read 13 comments SamBTC

Last month I installed Atomic wallet and since then I have been playing around with all the staking options it has on offer. Some of the coins have a very user friendly interface and are easy to stake and see the rewards. Unfortunately ONT does not b...

Atomic Wallet removes ONT (Ontology) from their tokens to stake.

10 Jul 2020 1 minute read 4 comments Jandmade

The well-known wallet has removed the option to stake Ontology (ONT) tokens. Until recently Atomic wallet offered this option with an approximate 5% of current profit, in addition to delivering Ontology Gas (NGO) tokens to ONT holders. The reason? I...

Chainlink oracles and smart contract technology are seeing a huge increase in adoption and demand in 2020.

25 Jun 2020 1 minute read 0 comments PassionCryptodotcom

The Oracles and Smart Contract Technology of Chainlink a sharp increase in adoption and demand in 2020. The latest is Ontology , a blockchain-based global business solution based in Singapore that has worked closely with the NEO Foundation and launch...

2021 ontology price prediction based on consensus used

16 Jun 2020 5 minute read 0 comments quintomudigo

        ontology is a native coin of the ontology network that is used by ontology users to vote for validators who should use the ontology coin to secure the ontology network as well as to validate any transaction taking place    on the ontology net...

The great crypto-project of NEO | A complete ecosystem thanks to Ontology

6 Jun 2020 5 minute read 0 comments NassiroV

While waiting for a fully decentralized world, certain characteristics of public blockchains, such as having all the data on the blockchain and not on private servers, making it possible to be anonymous, do not correspond to the needs of companies to...

Ontology (ONT) added on Bitpanda

2 Jun 2020 1 minute read 0 comments Jakonfire

Ontology (ONT) added on Bitpanda Today I had an eye on the EOS price all day and by chance I also looked at the other price stickers in BItpanda and a new symbol suddenly appeared.One of the tokens that were already at the last community vote was add...

CryptoCurrency Updates

31 May 2020 1 minute read 1 comment Gamer Boy1110

Ravencoin is Now listed on Exstock Exchange Raven coin is Traded With following three trading pairs RVD/USD: https://extstock.com/markets/rvn_usd RVN/EUR: https://extstock.com/markets/rvn_eur RVN/BTC: https://extstock.com/markets/rvn_btc   Cosmos - ...

Ontology Partners With The Best Blockchain Games

31 May 2020 1 minute read 0 comments PassionCryptodotcom

My Crypto Heroes and Brave Frontier Heroes collaborate with Ontology . The official portfolio of Ontology, ONTO began supporting non-fungible tokens (NFT) in March 2020. Ontology is now expanding its reach into the blockchain games industry. My Crypt...

ONTOLOGY NETWORK, Top things you should know about

23 May 2020 1 minute read 0 comments Blockchain Times

Ontology Coin (ONT) is the cryptocurrency that powers Ontology, a high performance blockchain that focuses on solving issues related to identity security and data integrity . Ontology was initially based on neo blockchain network but after that it sh...