Ontology Weekly Report (April 14th–20th, 2021)

This article was first published on OntologyNetwork - Medium
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Highlights

This week, while Ontology’s global community continued to grow, Li Jun, Founder of Ontology, spoke with CNN Business about the Coinbase IPO, one of the biggest industry developments of the year.

Latest Developments

Development Progress

  • We have completed 80% of the Ontology EVM-integrated design, which will make Ontology fully compatible with the Ethereum smart contract ecology after completion.
  • We have completed 70% of the latest Layer 2 technology, exploring the integration of Ethereum Layer 2 on the Ontology MainNet.

Product Development

  • ONTO v.3.8.1 was released, adding Ethereum privacy transaction and “fast” transaction functions, and optimizing the Ontology node staking dApp.
  • ONTO cooperated with DeFi ecosystem partners MDEX, DeFiner and Multiplier to launch joint campaigns, all of which were successful and attracted lots of new community members.

dApps

  • 113 dApps launched on MainNet.
  • 6,554,162 transaction completed on MainNet.
  • 12,780 dApp-related transactions.

Community Growth

This week, we onboarded over 1,195 new members across our global communities. As always, we are very excited to see the Ontology community continue to grow..

Dumont, Ontology’s Telegram Admin shared the ultimate staking guide with our Telegram group, helping Ontology’s global community members to further understand and participate in community staking.

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To keep reading, please go to the original article at:
OntologyNetwork - Medium

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