This article was first published on OntologyNetwork - Medium
To every Ontology developer, user, ecosystem partner, and investor,
June 30th is an important day. It has been one year since Ontology’s MainNet Launch. Over the past year, the blockchain industry has developed at a rapid speed. We have witnessed many ups and downs in the industry. What remains unchanged is that we stay true to the initial mission and are committed to applying blockchain technology to real business scenarios, which is why this year our slogan has been changed to “Ready for all Businesses”.
We are now at a new starting point, and we will keep moving. The goal of Ontology is to build a public infrastructure for trust collaboration. In the next phase, Ontology will shape its brand image by striving to lead in technology, be developer- and user-friendly, and widely recognized.
Thanks to our node ecosystem, the Ontology network is developing rapidly. Since the node application and Delegated Proof-of-Stake (DPoS) stake authorization were launched on the MainNet, the total staking rate across the blockchain has reached 10%, and all of this is supported by 49 Ontology Triones nodes across five continents. The number of global seed nodes that are providing application services has reached 376, which has ensured the capability of producing a new block within a second and a TPS of 5,000.
In the next stage, Ontology will make node applications more widely accessible, let more nodes participate in the candidate nodes competition, improve the node staking rate of the whole network while ensuring its security and efficiency. In the meantime, we will lower the threshold for staking through technical upgrades so that even users with a small amount of ONT can participate in the staking economy. We will soon publish a Governance White Paper to improve decentralization, make governance more democratic and users more engaged.
At the ...
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OntologyNetwork - Medium