Ontology Weekly Report (May 19th–25th, 2021)

This article was first published on OntologyNetwork - Medium
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Highlights

As we approach the end of May, let’s take a look back at this week’s highlights.

Kicking off Consensus 2021 on Monday, Founder of Ontology Li Jun took part in a fireside chat about decentralized digital identity and data privacy.

Latest Developments

Development Progress

- 95% of Ontology EVM-integrated design has been completed, making Ontology compatible with the Ethereum smart contract ecology.

- 30% of ETH RPC support has been completed.

- 40% of Ontology’s new ether account system has been completed.

- Layer 2 integration has been completed, exploring the integration of Ethereum Layer 2 on the Ontology MainNet.

Product Development

- ONTO App v3.8.4 has been released, supporting the Solana blockchain.

- Community activities organized by ONTO, CafeSwap and ApeSwap continue. Meanwhile, the launch party organized by Wing was highly successful.

dApps

- 115 dApps have been launched on MainNet.

- 15,637,435 transactions have been completed on MainNet, an increase of 89,804 from last week.

Community Growth

- 265 new members were onboarded across our global communities....

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