Ontology ONT

$0.5812
Market Cap $ 188.486 MM (#28)
24h Volume $ 22.522 MM
Chg. 24h: -5.50%
Algo. score 2.7/5  (#899)
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Ontology News

Li Jun, Founder of Ontology, on stage at Blockchain Connect ...

Li Jun, Founder of Ontology, on stage at Blockchain Connect Conference: Academic 2019 introducing Ontology’s recent… https://t.co/veX6gM0gjS

2 days ago

Li Jun, Founder of Ontology, talking at "Scaling the Blockch...

Li Jun, Founder of Ontology, talking at "Scaling the Blockchain - The Revolution of Node Hosting” in San Francisco… https://t.co/DvLa3QBh9m

3 days ago

The event will now be live streamed! Go to the Ontology YouT...

The event will now be live streamed! Go to the Ontology YouTube (https://t.co/wj0QtVXnPE) at 03:35 (UTC) to catch L… https://t.co/HlDuPRL1J9

4 days ago

Ontology Sees $50M Increase In Market Cap: Tech Analysis

Ontology had a rough 2018 after peaking in June, and the ONT symbol - already a familiar one to most avid blockchain investors - has only just started a major recovery. After soaring past the $200M market cap, Ontology has pushed through $230M and is now the 27th most valuable crypto asset - not far behind its sibling, NEO and only one place behind (ahem) Bitcoin Gold. There are differences between Ontology and NEO blockchains. Ontology is actually a network of blockchains, rather than one single blockchain project, and it’s designed to help migrate proprietary enterprise platforms onto a distributed ledger model without compromising them. Both blockchains are designed to run as smart contract platforms and host Dapps. Each is a direct competitor to Ethereum, and they work in partnership with each other. The major problem with Ethereum from an enterprise perspective is it’s open-source, which means major companies are hesitant to trust it with their proprietary data. So does Ontology make sense yet? From a tech perspective, it’s a definite project to watch. But to see what Kiana sees in its future, you’ll have to watch her analysis... The post Ontology Sees $50M Increase In Market Cap: Tech Analysis appeared first on Crypto Briefing.

4 days ago

The Ontology Tech AMA is now live! 👨‍🔧💬 Ask the Ontology dev...

The Ontology Tech AMA is now live! 👨‍🔧💬 Ask the Ontology development team questions here: https://t.co/JzH0MLI9Ze.… https://t.co/QZ3qYAnXHz

4 days ago

Bitcoin acima dos U$ 4 mil e Tron sobe mais

Por: Livecoins A maior criptomoeda do mercado, o Bitcoin continua segurando as pontas no preço, e a altcoin Tron segue escalando no market cap. O Bitcoin ultrapassou a marca dos U$ 4 mil dólares por unidade nos últimos dias, mas ainda segue longe de se afastar dessa região de preços. O sentimento da comunidade cripto é ainda positivo na visão que nos próximos meses a moeda suba de valor, e desde a escalada dos preços o Bitcoin não voltou a cair de U$ 4 mil, mesmo testando o suporte no último dia 08 de Janeiro. Uma das ocasiões em que o Bitcoin anda sendo mais necessário na economia mundial é quando as crises se aproximam, e neste sentido a Rússia poderia ser um grande player a entrar no mercado segundo rumores. Nas altcoins o mercado tem oscilado entra ganhos e perdas nos últimos dias, mas tem um brilho pairando sobre a criptomoeda Tron, que teve um rally de mais de 12% de valorização nas últimas 24 horas. O fato, em um momento durante o dia 09 de janeiro fez com que a Tron chegasse a oitava posição ultrapassando a Tether (USDT), mas que não se sustentou por muito tempo. Isso fez a alegria da comunidade, e o CEO Justin Sun chegou a postar no Twitter uma piada do assunto, com a possibilidade de ver a TRX passando também a USDT em valor de mercado. A Tron já havia escalado para a posição 9 do market cap nos últimos dias, e após isso continua a ter uma grande valorização de sua cripto. No momento da escrita a maior parte das criptomoedas do top 10 do mercado estavam com ligeiras valorizações, com apenas Bitcoin Cash (BCH) e Stellar (XLM) no vermelho. Fonte: https://livecoins.com.br/coin-market-cap-capitalizacao-de-mercado-criptomoedas/ No top 30 do mercado cripto, a melhor criptomoeda em valorização no momento da escrita deste estava sendo a Ontology (ONT), com uma valorização de mais de 11% nas últimas 24 horas. O pior desempenho por outro lado estava com a Binance Coin (BNB), com uma perda de mais de 3%. Aviso Legal: Este não é um conselho de investimentos, estude por sua conta. O artigo Bitcoin acima dos U$ 4 mil e Tron sobe mais apareceu primeiro em Livecoins.

4 days ago

Cocos-BCX Testnet Launched! The next generation of digital game economy empowering over 1.3 million developers

With over 1.3 million developers, Cocos is the widely adopted game engine in Asia and is second around the world by market share. Many captivating games including Angry Birds, Badlands, Fight! and Clash of Kings were built using the Cocos development platform and several well-known game publishers including Zynga & Big Fish Games rely on Cocos2d-x on a daily basis. Many people in the blockchain and gaming space believe that games will be the first and foremost user-facing application built on a blockchain. Cocos-BCX [Cocos Blockchain Expedition] has entered the space with the goal to create an open system where game developers can have access to a new game engine and development environment supporting multiple blockchain systems. Cocos-BCX consists three core components: Cocos-BCX blockchain game engine : a software framework and virtual machine [run-time operating environment] that supports multiple blockchains, device types and operating systems An integrated development environment [IDE] An underlying public blockchain :  CocosChain, based on the Graphene framework and re-designed specifically for games & other high-performance applications Cocos-BCX first line of code was dropped in the month of November 2017 and the first demo of the platform was released in March 2018. On Dec 21, 2018, Cocos-BCX TestNet was officially launched, with three third-party games developed based on Cocos-BCX and a props exchange platform going live at the same time. The three games and exchange platform can be visited through Cocos-BCX official website “community” sub-page [English version to be released later]. With its vision to build a blockchain gaming ecosystem, Cocos-BCX has established strategic cooperation with partners including Ontology, Zilliqa, Tron, NEO on the integration via SDK, exchange gateway as well as NHAS-1808 standard [non-homogenous asset standard] powered by Cocos-BCX. Besides, Cocos-BCX has been working already with other blockchain projects such as Loom, Nebulas, Cell Evolution etc, and is open for collaboration with more potential partners in blockchain and gaming space. For more detail & updates of Cocos-BCX you can follow below official channels: Official website Blog Telegram Twitter Reddit Discourse Forums The post Cocos-BCX Testnet Launched! The next generation of digital game economy empowering over 1.3 million developers appeared first on AMBCrypto.

5 days ago

Cocos-BCX Testnet Launched! The next generation of digital game economy empowering over 1.1 million developers

With over 1.1 million developers, Cocos is the widely adopted game engine in Asia and is second around the world by market share. Many captivating games including Angry Birds, Badlands, Fight! and Clash of Kings were built using the Cocos development platform and several well-known game publishers including Zynga & Big Fish Games rely on Cocos2d-x on a daily basis. Many people in the blockchain and gaming space believe that games will be the first and foremost user-facing application built on a blockchain. Cocos-BCX [Cocos Blockchain Expedition] has entered the space with the goal to create an open system where game developers can have access to a new game engine and development environment supporting multiple blockchain systems. Cocos-BCX consists three core components: Cocos-BCX blockchain game engine : a software framework and virtual machine [run-time operating environment] that supports multiple blockchains, device types and operating systems An integrated development environment [IDE] An underlying public blockchain :  CocosChain, based on the Graphene framework and re-designed specifically for games & other high-performance applications Cocos-BCX first line of code was dropped in the month of November 2017 and the first demo of the platform was released in March 2018. On Dec 21, 2018, Cocos-BCX TestNet was officially launched, with three third-party games developed based on Cocos-BCX and a props exchange platform going live at the same time. The three games and exchange platform can be visited through Cocos-BCX official website “community” sub-page [English version to be released later]. With its vision to build a blockchain gaming ecosystem, Cocos-BCX has established strategic cooperation with partners including Ontology, Zilliqa, Tron, NEO on the integration via SDK, exchange gateway as well as NHAS-1808 standard [non-homogenous asset standard] powered by Cocos-BCX. Besides, Cocos-BCX has been working already with other blockchain projects such as Loom, Nebulas, Cell Evolution etc, and is open for collaboration with more potential partners in blockchain and gaming space. For more detail & updates of Cocos-BCX you can follow below official channels: Official website Blog Telegram Twitter Reddit Discourse Forums The post Cocos-BCX Testnet Launched! The next generation of digital game economy empowering over 1.1 million developers appeared first on AMBCrypto.

5 days ago

Li Jun, Founder of Ontology, will be talking at "Scaling the...

Li Jun, Founder of Ontology, will be talking at "Scaling the Blockchain - The Revolution of Node Hosting” in San Fr… https://t.co/BuiHAeSIcu

5 days ago

Asia Crypto News Roundup This Week- Jan 5th

Top News in Asia from this Week The adoption of digital payment systems is increasing at such a rapid rate that the People’s Bank of China is concerned about the declining relevance of cash. http://bit.ly/2BYivxY Layoffs: China’s Bitmain and Huobi layoffs. Bitmain laying off 50-80% of its staff and Huobi reported in Chinese that it’s laying off all of its remaining 14 staff members in Shenzhen. Japan conglomerates GMO and MMO pulling out of mining business: http://bit.ly/2F8RgUu Alibaba predicts 10 tech trends for 2019 including faster deployment of blockchain applications and specialized AI chips: http://bit.ly/2C513ro China’s CIID has released its latest crypto project ranking, adding Ontology into its evaluation. Bitcoin has been downgraded while the top two positions remain unchanged. http://bit.ly/2RcXaer Coin and Token News EOS is a DAO. http://bit.ly/2C0OGMZ BitTorrent, which pioneered peer-to-peer technology for sharing files on the internet, is creating its own cryptocurrency with the TRON network. http://bit.ly/2C2UKEX Funding news Lightspeed China partners raises $560m to invest in China tech companies; http://bit.ly/2C2T3r5 Exchange News Major exchange OKEx adds 7 new pairs to crypto derivative product; BCH, BSV, EOS, ETC, ETH, LTC, XRP up to 40x leverage: http://bit.ly/2CPsGWY Regulation News China Banking Association, the country’s self-regulatory organization for the banking sector, islaunching a new blockchain-based platform for trade finance. http://bit.ly/2Cb60iL Indian Police advise locals not to invest in cryptocurrencies: http://bit.ly/2Tsm869 Business News Revamped miner strikes Asia through exploiting PCs which are still not patched against the Windows vulnerability: https://zd.net/2TuS0r3 In a first-of-its kind transaction in Singapore, man pays for half of $84,000 car with cryptocurrency ethereum; http://bit.ly/2F7q0FP Most popular Chinese blockchain chat group fade away in bear market: http://bit.ly/2Tscz7g KPMG adds four blockchain startups in top China Fintech company index 2018:http://bit.ly/2TrB5Fw In Case You Missed It We are offering complimentary tickets to our premium readers to the TRON Summit happening in San Francisco from January 17th-18th with guest speakers including Kobe Bryant, and Justin Sun, CEO of TRON and BitTorrent. Subscribe here or login to get access to your complimentary ticket.

8 days ago

Ontology (ONT) Partners with TEEX, a Singapore-based Tech Startup to Develop ‘Private’ Smart Contracts

Ontology, a high-performance public multi-blockchain project recently announced that it had partnered with TEEX, a decentralized computing platform to improve ‘on-chain data privacy’ and security. Per the announcement, this collaboration would involve developing a ‘secure client private key solutions.’ The firms would achieve this through a Trusted Execution Environment (TEE), which is a ‘black box’ in a computer chip that separates code and its related data from external software programs. The Dean of the Ontology Research Institute, Dr. Xianping Mao stated that Ontology also seeks to explore other blockchain security technologies for 'private' smart contracts through this partnership. (KE)

9 days ago

Ontology (ONT) will Develop 'Private' Smart Contracts through Partnership with Singapore-based Tech Firm

Ontology, a “high-performance public multi-chain project’ and “distributed trust” collaboration platform, has announced that it will be working with TEEX, a decentralized computing platform, to enhance “on-chain data privacy” and security. As explained in an official Medium blog post, the cooperation between TEEX and Ontology’s developers will involve creating “secure client private key...

9 days ago

Binance's 1st Blockchain Week (...

Binance's 1st Blockchain Week (https://t.co/x84FPJ57O9) is in Singapore this month! Ontology will be there with Mic… https://t.co/nNwK4MJ4y0

10 days ago

Ontology (ONT) Releases Its Sharding Design

Ontology (ONT) recently published the Ontology sharding design on its GitHub repository “as an early open-source new year gift.” The move was done in an effort to ensure “decentralization and security of blockchain networks while helping to achieve high scalability.” According to the announcement, the Ontology sharding network extends upon the existing main chain model, supports the dimensions of network sharding, transaction sharding, and state sharding, and adopts a hierarchical network architecture which achieves ultra-large-scale network expansion through multi-layer network sharding. (JF)

15 days ago

Thank you for the cartoon @musuko_crypto! If you haven’t alr...

Thank you for the cartoon @musuko_crypto! If you haven’t already, read what Ontology can do for STOs here:… https://t.co/HrOLZEVOuy

17 days ago

Ontology Development Product Added to Microsoft Azure and Amazon AWS Marketplaces

The ONT_Dev_Platform, the blockchain development product created by Ontology (ONT), has officially been launched on the Microsoft Azure and Amazon AWS Marketplaces and is expected to be added to the Google software store in January of 2019. Access to the ONT_Dev_Platform is free and enables users to deploy blockchain contracts with just one click. This announcement comes after the recent rankings released by the China Center for Information and Industry Development (CCID). which ranked Ontology as fourth on the list with a composite index of 112.6. (JF)

17 days ago

There is one week left to complete the MainNet ONT token swa...

There is one week left to complete the MainNet ONT token swap. If you still have NEP-5 ONT, please read this articl… https://t.co/JqHq7Wl8CV

21 days ago

China's CCID Releases Its Latest Crypto Project Ranking, With Ontology Added to the List

The Center for Information and Industry Development (CCID), under China’s Ministry of Industry and Information Technology, has released its eighth crypto project ranking update on Thursday. The monthly updated list has added Ontology, a distributed trust collaboration platform. EOS remains number one in the overall ranking, followed by Ethereum. BTC dropped from the 13th position in the previous ranking to the 18th position, while BCH fell one place from the 29th spot to the 30th. Besides, Decred was at the bottom of the list. The 34 projects were evaluated in three separate categories: basic technology, applicability, and innovation. (RL)

21 days ago

EOS Remains at the Top of China’s Latest Crypto Rankings

Yesterday, China published its updated Global Public Blockchain Technology Assessment Index (GPBTAI). Per the study, EOS is still the best crypto with the highest score of 156.1 points followed by Ethereum in the second place with 136.4. The 3rd-10th positions were taken by GXChain, Komodo, Ontology, NULS, Nebulas, BitShares, NEO, and Steem respectively. Bitcoin is ranked 18th with a score of 96.1 whereas ETC is ranked 15th with 97.9. These rankings were based on innovation, applicability, and technology. (KE)

22 days ago

Ontology Welcomes STOs With New Token Standard EOP-506

Ontology (ONT), a distributed ledger network, is embracing security token offerings (STOs) with OEP-506, a new token standard that is designed to enhance the security token offering system. According to the Ontology team, STO’s have recently grown popular with some regarding it as the next capital market revolution. “Ontology’s technology philosophy is to be transparent, regulatory-friendly, and utilize decentralized digital identity. We have conducted a series of research and case studies on what we can do to support STOs and recently released the OEP-506 token standard proposal,” the Ontology team stated. (VK)

24 days ago

In Taiwan next week? Join us at the Ontology meetup in Taipe...

In Taiwan next week? Join us at the Ontology meetup in Taipei. Sign up here (please note the event will be held in… https://t.co/H826NrMqAL

25 days ago

Ontology, Layerx, and Microsoft Host Tokyo Hackathon

Ontology hosted a hackathon event with Microsoft and LayerX in Tokyo, Japan on December 8th and 9th. Recently, they revealed details on how the Ontology Tokyo Hackathon went on its Medium page. Various teams presented their blockchain projects which included food security traceability, reputation evaluation, password management, digital asset management, and identity verification after a 24-hour programming session. Ontology also thanked venue provided Eureka in the blog. Beginning the Event The hackathon began with speeches from LI un and Kazumi Hirose. After this, a senior software engineer at Ontology, TAN Yuan talked about Ontology’s technology and asked developers to make use of their decentralized application development framework Punica. He also welcomed them to use the smart contracts and SDKs in the framework to bring their ideas to fruition. After this, the contestants participated in a 24-hour programming session and presented their unique ideas powered by Ontology. What Solutions Did the Contestants Come up With? Ontology highlighted some of the solutions made by the contestants during the event. The first among them is an Ontology-powered digital asset management application created by the ONT ONE team. The team intended to make a “gateway to the smart economy” which could help people to manage their digital assets more securely and reliably. The next team created a solution that helps with identity management. It was based on the decentralized identity protocol of Ontology named ONT ID which can identify and authenticate all aspects of user identity. The Hokago Yureru Neko team worked on food security and traceability solutions by attaching BPS TAG’s to food packages. This makes every package unique and immutable on the blockchain. If a new tag is added during transit, the previous tag becomes invalid. The team hopes that manufacturers will provide data in the future to help customers trace food details at any time. Ontology, Layerx, and Microsoft Host Tokyo Hackathon was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

a month ago

Ontology, together with @MIXMARVELGAME, is launching HyperDr...

Ontology, together with @MIXMARVELGAME, is launching HyperDragons Go! over Christmas, an upgraded version of… https://t.co/zHnXHW3Giv

a month ago

RT @OntologyNetwork: With Blockfolio Signal you can keep up ...

RT @OntologyNetwork: With Blockfolio Signal you can keep up to date with Ontology via push notifications. $ONT $ONG https://t.co/IfJTm51sdR

a month ago

With Blockfolio Signal you can keep up to date with Ontology...

With Blockfolio Signal you can keep up to date with Ontology via push notifications. $ONT $ONG https://t.co/IfJTm51sdR

a month ago

We’d like to hear your feedback on the Ontology dApp incenti...

We’d like to hear your feedback on the Ontology dApp incentive model proposal. Read more and join the conversation:… https://t.co/mbtoHL8vLi

a month ago

Cryptocurrency Trading Update: $10 Billion Injection Pumps Crypto Markets

FOMO Moments Big pump day for crypto markets; EOS flying, XRP, Stellar and Cardano recovering well. It has been a long time coming. A market bounce that results in a sea of green with the majority of cryptocurrencies gaining double figures on the day. From almost falling into double digits total market capitalization has gained a solid 14% from its yearly low over the weekend. Bitcoin sparked off the rally when it climbed over 10% from $3,260 to $3,600 before pulling back a little. Fears of BTC falling to or below $3,000 have been very real recently however it managed to find support at $3,200 and recover from there. Whether this is the start of a longer term trend remains to be seen but a Bitcoin bounce is good news for the rest. Ethereum has also made around 10% taking it back to $95 but being below $100 is still very dangerous territory for it. Ripple’s XRP has done better with an 18% gain at the time of writing. This has enabled it to expand that market cap gap over ETH again. EOS is the top performer in the top ten by a factor of two as it surged nearly 30% on the day propelling it into fourth spot on the charts. There seems to be no specific factors for the extra momentum but the community is rejoicing anyway. Stellar has also had a good day with a 14% climb and the rest of the top ten are in double figures aside from one. Bitcoin SV did not enjoy the big pump as it only made a couple of percent. The top twenty’s top gainers at the time of writing are Cardano, Iota, Neo and Dogecoin with around 13-15 percent on the day. Tron, Monero, Dash and Ethereum Classic had made around 11% but the rest were single figure gains. Since all altcoins were pumping on Tuesday the fomo had been spread out. Bigger pumps had taken place with Arbitrage, MobileGo, Revain, and Ontology but the likelihood of them dumping soon is high. Only three altcoins were in the red in the top one hundred at the time of writing; Linkey, Qash and TenX plus a couple of the stablecoins. Total crypto market capitalization is at $114 billion which is a gain of 10.7% from the same time yesterday. Trade volume has jumped from around $10 billion to $17 billion. Almost $11 billion has be poured back into cryptocurrencies resulting in a rare day of double digit green gains for many of them. FOMO Moments is a section that takes a daily look at the top 20 altcoins during the current trading session and analyses the best performing ones, looking for trends and possible fundamentals. The post Cryptocurrency Trading Update: $10 Billion Injection Pumps Crypto Markets appeared first on NewsBTC.

a month ago

The Ontology block explorer (...

The Ontology block explorer (https://t.co/HADr9SY1to) has added several new features, including node and stake auth… https://t.co/Vn3R3utbbA

a month ago

Thanks for your support and participation in the Defining On...

Thanks for your support and participation in the Defining Ontology Competition. The community voting session ended… https://t.co/Zq9dGDR266

a month ago

There is less than one month left to complete the MainNet ON...

There is less than one month left to complete the MainNet ONT token swap. If you still have NEP-5 ONT, please read… https://t.co/Z6uwF2UvwL

a month ago

Ontology Foundation bonuses for Nov have now been distribute...

Ontology Foundation bonuses for Nov have now been distributed. How this is calculated will change from now, check t… https://t.co/HrCJtjNbeM

a month ago

Weekly Price Analysis Dec.4: Bitcoin, Ethereum, Bitcoin Cash and Ontology

Bitcoin Traded around $3,976 support around $3,800 attempt to break up the $4,300 failed and we came back to check support. Meanwhile, the graph is not stabilizing, and the volatility is still here. var tradingview_embed_options = {}; tradingview_embed_options.width = '790'; tradingview_embed_options.height = '475'; tradingview_embed_options.chart = 'mBXdeSF4'; new TradingView.chart(tradingview_embed_options); Ethereum Against the dollar, the support around $100 holds traded around $111 resistance around $127 if breached we get a confirmation for the floor that looks fragile. var tradingview_embed_options = {}; tradingview_embed_options.width = '790'; tradingview_embed_options.height = '475'; tradingview_embed_options.chart = 'Ar3WCZeb'; new TradingView.chart(tradingview_embed_options); Against Bitcoin since support around 0.03BTC has broken down and it is finding it difficult to get back. Traded around 0.027BTC support around this resistance price at 0.029BTC in this range. var tradingview_embed_options = {}; tradingview_embed_options.width = '790'; tradingview_embed_options.height = '475'; tradingview_embed_options.chart = 'tcyldL3t'; new TradingView.chart(tradingview_embed_options); Bitcoin Cash ABC Against the dollar traded around $150, support in this range at $145 has been verified. resistance at $200. var tradingview_embed_options = {}; tradingview_embed_options.width = '790'; tradingview_embed_options.height = '475'; tradingview_embed_options.chart = 'tEZshgub'; new TradingView.chart(tradingview_embed_options); Against the Bitcoin traded around 0.038BTC support around 0.044BT broke down and became the resistance. The situation on the graph is not brilliant, and the price continues to decline since the Fork. var tradingview_embed_options = {}; tradingview_embed_options.width = '790'; tradingview_embed_options.height = '475'; tradingview_embed_options.chart = 'BXOvYoP1'; new TradingView.chart(tradingview_embed_options); SV Against the dollar traded steady around $91 resistance remains around $110 support around $80 holds. var tradingview_embed_options = {}; tradingview_embed_options.width = '790'; tradingview_embed_options.height = '475'; tradingview_embed_options.chart = 'OX0oMJ7r'; new TradingView.chart(tradingview_embed_options); Against the Bitcoin, the picture is technically similar to the trading against the USD traded at 0.023BTC support around 0.02BTC resistance at 0.025 BTC. var tradingview_embed_options = {}; tradingview_embed_options.width = '790'; tradingview_embed_options.height = '475'; tradingview_embed_options.chart = '2ndSVQ6Z'; new TradingView.chart(tradingview_embed_options); Ontology Against the dollar traded around $0.76 resistance in this range at $0.90 support is hard to say, seems to be the lowest this year, after the crash from $1.7. var tradingview_embed_options = {}; tradingview_embed_options.width = '790'; tradingview_embed_options.height = '475'; tradingview_embed_options.chart = 'cPmARl21'; new TradingView.chart(tradingview_embed_options); Against Bitcoin traded around 0.00018BTC support around this resistance area at 0.00019 short -term, close to the floor we saw in August. var tradingview_embed_options = {}; tradingview_embed_options.width = '790'; tradingview_embed_options.height = '475'; tradingview_embed_options.chart = 'FLrAnhbd'; new TradingView.chart(tradingview_embed_options); Cryptocurrency charts by TradingView. The post Weekly Price Analysis Dec.4: Bitcoin, Ethereum, Bitcoin Cash and Ontology appeared first on CryptoPotato.

a month ago

Also, due to backend updates, ONTO versions older than 0.9.5...

Also, due to backend updates, ONTO versions older than 0.9.5 cannot create ONT IDs. If this affects you, please upd… https://t.co/uTnM76dWjm

a month ago

November Volume Rankings: Bearish Momentum Drives Surge in Trade

The significant bearish momentum experienced across cryptocurrencies throughout November drove a significant increase in monthly trade volume among the leading markets. Also Read: Japan Unveils Plans to Regulate Initial Coin Offerings BTC Posts Strongest Volume Since May According to Coinmarketcap, BTC saw an increase in monthly trade activity of 43 percent in November. Nearly $156.5 billion worth of BTC changed hands — the strongest monthly volume for the currency since $185 billion in May. The second most-traded cryptocurrency, USDT, also saw a dramatic increase in trade volume, with $106.5 billion worth of the stablecoin changing hands. November has been the strongest month for USDT trade in the second half of 2018, with volume up more than 53 percent from October. ETH also posted its strongest 30-day trade volume since May, with over $58.8 billion worth of the currency changing hands in November. ETH saw a 42.7 percent gain in trade activity month over month. Ripple Retains Top 5 Ranking EOS has continued to maintain its position as the fourth most-traded cryptocurrency, a distinction it recaptured in October after briefly dropping to fifth place in September. EOS pairings produced $24.2 billion in trade in November, up 73.6 percent month over month, to finish with their strongest monthly volumes since June. XRP held its rank as the fifth most-traded cryptocurrency in November, reaching a 30-day trade volume of roughly $21 billion. Monthly trade volume increased 54.4 percent from October, marking one of the strongest months for XRP in 2018. However, its 30-day trade volume failed to match the $24.7 billion in trade activity recorded for XRP pairings during September. Monthly BCH Volume Rises by 43% BCH continued to rank as the sixth most-traded cryptocurrency, with approximately $13.6 billion in total monthly trade in November. Trade volume increased 43 percent from the preceding month, making it the currency’s strongest 30-day period for trade volume since July. LTC ranked as the seventh most-traded cryptocurrency in November for the third month in a row. When compared with October, the LTC markets saw a 42.4 percent increase in trade activity. By trade volume, November was the strongest month for LTC pairings in the second half of 2018. ETC climbed two spots in the monthly volume rankings to eighth place, with almost $5.27 billion in volume. Despite posting a 25 percent increase in monthly trade activity, ETC pairings recorded their third-weakest monthly volumes this year. Strong Second Half for Leading Markets November saw little change in trading of dash, with month-over-month volume increasing by just 0.4 percent. The 30-day trade volume for dash pairings was $5.18 billion, bumping it down one place to rank as the ninth most-traded cryptocurrency in November. NEO had its strongest month in the second half of 2018, with trade activity hitting roughly $5.57 billion. Trading rose 21 percent month over month, pushing it down one position to rank as the 10th most-traded cryptocurrency. CKUSD also hit its strongest monthly volume level for the second half thus far, with nearly $4.5 billion in trade. November saw a month-over-month increase in trade activity of more than 32 percent, driving CKUSD up one position to finish as the 11th most-traded cryptocurrency. BSV Ranks as 14th Most-Traded Crypto QTUM gained one position to rank as the 12th most-traded cryptocurrency after posting nearly $4.4 billion in volume. November was the currency’s strongest month for volume since July, with trading up 18 percent month over month. ZEC produced its strongest 30-day trade volume for the second half of 2018, at $4.07 billion. ZEC recorded a month-over-month volume increase of 16.3 percent, pushing it up one rank to become the 13th most-traded cryptocurrency in November. Although it only traded for two weeks in November, BSV posted $3.27 billion in trade volume to rank as the 14th most-traded cryptocurrency. TRX Trade Volume Tumbles XLM saw an increase in trade activity of 106 percent in November, with 30-day trade volume of approximately $2.74 billion. Despite recording its strongest monthly volume for XLM in the second half of 2018, Stellar rose just one place to rank as the 15th most-traded cryptocurrency. TRX was the only leading currency to post a drop in month-over-month volume. TRX pairings produced $2.42 billion in trade volume in November, down 34 percent from October. It lost five positions to rank as the 16th most-traded cryptocurrency. Stablecoins PAX and TUSD Climb Into Top 20 November saw two new entries into the top 20 cryptocurrencies by trade volume from two stablecoins, Paxos Standard Token (PAX) and TrueUSD (TUSD). PAX posted 30-day trade volume of $1.54 billion to rank as the 17th most-traded cryptocurrency. TUSD pairings, meanwhile, generated $995.5 million in trade activity in November, making it the 18th most-traded cryptocurrency. ADA and ONT Regain Top 20 Rankings After slipping five places f

a month ago

Ontology [ONT] enthusiasts’ passive income opportunities grow with successful node selection process

The cryptocurrency market is now in the midst of one of the worst bear runs seen in recent history, with major cryptocurrencies dropping over 1/3rd of their value in a short span of time. However, the promise of future technology utilizing blockchain is still kept alive, with projects taking the bear market as an opportunity to lay the groundwork for advancements. Even as the market bleeds, projects such as Ontology [ONT] show that this is the perfect time to push the envelope when it comes to the cutting edge in blockchain technology. This is seen by the overwhelming response to their consensus node application process, which aims to take advantage of Ontology’s Triones Node Incentive Model. Dual Token Economy powered by VBFT Consensus: This is made possible by Ontology’s dual token economy, containing both ONT, a cryptocurrency coin representing value, and ONG, a utility token used for paying transaction fees on the network. It also functions on a stake based consensus algorithm, which optimizes the performance of the blockchain to new levels. However, with staking models, an economic tool is required to participate in the process. Usually, tokens on the network are staked in order to fulfill this purpose. However, the Ontology network utilizes a combination of ONT and ONG in a model known as the Triones Economic Model. The model combines a Verifiable Random Function Byzantine Fault Tolerance [VBFT] consensus algorithm along with a consensus management smart contract in order to form the core of the Ontology governance model. The Ontology token economy uses a “compensation/ lease” model, wherein holders of the ONT coin will periodically receive ONG. On the flipside, users are required to consume gas to utilizes services on the blockchain, creating a natural flow of tokens between users. This consumed ONG will be allocated to Triones Consensus nodes based on their contributions. The consumption cost for transactions is also determined by smart contracts on the Ontology chain, with low network utilization allowing users to pay a lower Gas price. When the network is utilized, the transactions will be sorted by those with a higher Gas price, thus incentivizing consensus nodes to process transactions with higher speeds. Staking authorization process and benefits: Ontology holders can also generate passive income by participating in the staking authorization process. The minimum stakeable amount is 500 ONT, with enthusiasts able to stake more in multiples of 500 ONT. It is to be noted that the staked ONT will be locked in a smart contract, which in turn generates ONG tokens to be used on the network or sold in secondary markets. The process occurs in rounds, with each round lasting 120,000 blocks. Rewards can only be claimed after every round ends, with the staking also being cancelable at any point in time. Nodes will receive ONG from basic consumption of the entire chain network system such as network fees, storage fees, smart contract fees, and fees from other services. In order to encourage participation in consensus, nodes will also receive an additional 10,000,000 ONG per year for the first three years from the community incentives allocation. They will be able to receive benefits such as the regular generation of ONG tokens, fees from the basic consumption of the network such as storage fees, smart contract fees, and network fees, and additional ONG for the first 3 years from the Ontology Foundation. Decentralized Proof of Stake: Many PoS models tend towards centralization, an issue which is remedied by the Triones Incentive Curve Equation. This provides a fair and decentralized governance system, as staking too much ONT will reduce the rewards given in ONG. This means that only a balanced stake can achieve the maximum benefit. Moreover, the Ontology Foundation has also prepared an additional incentive of at least 1% per year for the Triones system, providing an added reason for companies to begin running nodes. The VBFT consensus design will also allow the consensus system to select candidate nodes dynamically. They are required to meet certain conditions to form a consensus network. The Triones consensus model consists of 3 groups of nodes, namely a candidate node group, consensus node group and dynamic participator node group. All ONT holders can participate in the stake custody in Triones and obtain incentives. W3C-approved Ontology Distributed Identity System: Using the revolutionary ONT ID distributed identity system, information will be gradually formed on the identity and reputation of participating nodes. This “trust quantification” system will serve as another reference for the Triones economic model. The decentralized identifier part of the Ontology network can also be used by enthusiasts as a way to plug into Web 3.0, as it is recognized as a part of the Web3 Consortium Community Group Decentralized Identification registry. They act as identifiers for a verifiable, “self-sovereign” digital i

a month ago

Top Asia Crypto News Roundup from Nov 22- Nov 24

Top News in Asia from Wednesday through Saturday Temasek Holdings, Singapore’s state investment firm, is setting up new groups to explore opportunities in artificial intelligence and blockchain technologies.; the firm has also invested in enterprise blockchain software firm and global banking consortium R3. TRON co-founder and CEO Justin Sun has announced that basketball player Kobe Bryant will be speaking at TRON’s blockchain summit in San Francisco next year: http://bit.ly/2R7f4Ly *Exclusively Chinese* NEO Global Capital Partner Wayne Zhu reveals on social media account that since NGC fund’s founding since a year ago, its returns vs. Bitcoin has been 603%, while returns excluding Ontology would be 222%. The current fund size is worth around $72.31mn.Google translated Deals and Funds Singapore-based blockchain startup Propine Capital on Friday announced that it has raised $1.6 million in a seed funding round led by Decacorn Capital. http://bit.ly/2PR96SE Coin and Token News South Korean branch of the Tezos Foundation has signed a Memorandum of Understanding with Yonsei University to collaboratively work on the development of blockchain talents. http://bit.ly/2PPwtMd Huobi wallet enables TRON support to encourage portfolio diversification: http://bit.ly/2FOeiSm Exchange News Exchange KuCoin is delisting 6 tokens from the trading platform: http://bit.ly/2FHwTzB Cryptocurrency exchange Binance looking to adopt an automated Know Your Customer application provided by financial software firm Refinitiv:http://bit.ly/2FFQAHZ Tech Bureau, the company that formerly operated hacked Japanese cryptocurrency exchange Zaif, has completed its handover to buyer Fisco Cryptocurrency Exchange:http://bit.ly/2FFCIxE Regulation News Indian police file charges against masterminds of $60 million multi-level marketing bitcoin scam: http://bit.ly/2FEovRB Business News The South Korean government will use blockchain technology for tracing beef and providing consumers with information from the food supply chain: http://bit.ly/2FBGNmw India: ‘Big Four’ auditor EY to hire 2k employees to develop in blockchain: http://bit.ly/2FGLVpj SWIFT India, the main network through which banks send money overseas, has partnered with fintech firm MonetaGo to pilot a distributed ledger network designed to improve the efficiency and security of financial products: http://bit.ly/2FzMOzU

a month ago

Top Asia Crypto News Roundup from Nov 21- Nov 24

Top News in Asia from Wednesday through Saturday Temasek Holdings, Singapore’s state investment firm, is setting up new groups to explore opportunities in artificial intelligence and blockchain technologies.; the firm has also invested in enterprise blockchain software firm and global banking consortium R3. TRON co-founder and CEO Justin Sun has announced that basketball player Kobe Bryant will be speaking at TRON’s blockchain summit in San Francisco next year: http://bit.ly/2R7f4Ly *Exclusively Chinese* NEO Global Capital Partner Wayne Zhu reveals on social media account that since NGC fund’s founding since a year ago, its returns vs. Bitcoin has been 603%, while returns excluding Ontology would be 222%. The current fund size is worth around $72.31mn.Google translated Deals and Funds Singapore-based blockchain startup Propine Capital on Friday announced that it has raised $1.6 million in a seed funding round led by Decacorn Capital. http://bit.ly/2PR96SE Coin and Token News South Korean branch of the Tezos Foundation has signed a Memorandum of Understanding with Yonsei University to collaboratively work on the development of blockchain talents. http://bit.ly/2PPwtMd Huobi wallet enables TRON support to encourage portfolio diversification: http://bit.ly/2FOeiSm Exchange News Exchange KuCoin is delisting 6 tokens from the trading platform: http://bit.ly/2FHwTzB Cryptocurrency exchange Binance looking to adopt an automated Know Your Customer application provided by financial software firm Refinitiv:http://bit.ly/2FFQAHZ Tech Bureau, the company that formerly operated hacked Japanese cryptocurrency exchange Zaif, has completed its handover to buyer Fisco Cryptocurrency Exchange:http://bit.ly/2FFCIxE Regulation News Indian police file charges against masterminds of $60 million multi-level marketing bitcoin scam: http://bit.ly/2FEovRB Business News The South Korean government will use blockchain technology for tracing beef and providing consumers with information from the food supply chain: http://bit.ly/2FBGNmw India: ‘Big Four’ auditor EY to hire 2k employees to develop in blockchain: http://bit.ly/2FGLVpj SWIFT India, the main network through which banks send money overseas, has partnered with fintech firm MonetaGo to pilot a distributed ledger network designed to improve the efficiency and security of financial products: http://bit.ly/2FzMOzU

a month ago

Crypto Arbitrage Today: XRP, LTC, ETH, BTG, XLM, ONT

Making money in the cryptocurrency world can be done in many different ways. Holding currencies and selling them for profits is certainly one way to go about things. Arbitrage trading is another viable approach, as it allows for somewhat less riskier profits to be secured. The following six currencies allow for an interesting profit to be scored, depending on overall platform liquidity. Ontology (Binance / KuCoin) It is somewhat refreshing to see some new currencies pop up in the list of arbitrage opportunities today. Ontology, or ONT, isn’t often subjected to a price spread. Today, however, the value between Binance and KuCoin is slightly different, allowing for a 0.78% profit to be scored. It is not the most appealing gain by any means, but it is better than seeing one’s portfolio value dwindle as more time progresses. Stellar Lumens (Kraken / HitBTC) As is usually the case when it comes to arbitrage opportunities, there is at least one pair on Kraken which can be used to score some quick profits. Buying XLM on this exchange and selling it on HitBTC allows for a net 1% profit. Both platforms usually have decent trading volume for XLM, thus there are some options waiting to be explored throughout the day. Ethereum (Bitstamp / Bitfinex / HitBTC) A lot of similar arbitrage opportunities exist for top cryptocurrencies today. Buying Ethereum on Bitstamp lets users sell ETH on Bitfinex or HitBTC for a profit of 0.8% up to 1.2%. Buying on Kraken and selling on either KuCoin and HitBTC will yield very similar profits. Having multiple options to explore is always a good sign, assuming these gaps remain in place for a while. Litecoin (Kraken / Bitstamp / Koineks) The same arbitrage opportunity associated with Ethereum can also be used for Litecoin trading, for the most part. Buying on Bitstamp and selling on Bitfinex, HitBTC, or Koineks can yield a 1% profit. Buying LTC on Kraken and selling on HitBTC is slightly more lucrative, as it yields a 1.1% profit. No major spreads are to be found today, but that is only to be expected during this new bearish trend. XRP (Bitstamp / Kraken / HitBTC) No one will be surprised to learn any arbitrage opportunity affecting Ethereum and Litecoin will also apply for XRP. Using the same exchanges across the board, there is some good money to be made from buying and flipping XRP. The profits are slightly higher as well, as traders can expect to pocket a profit of up to 1.3%. A pretty decent arbitrage gap given the overall market trend. Bitcoin Gold (Koineks / Bitfienx / HitBTC) Even though it seemed as if the Bitcoin Gold arbitrage opportunities had all but dried up in the past few days, the opposite has come true. As of today, buying BTG on Koineks and selling it on either HitBTC or Bitfinex can reward users with a profit of up to 1.19%. Again, a very small price gap, but one cannot look a gift horse in the mouth. Especially not in the cryptocurrency industry, as the year 2018 hasn’t offered too many money making opportunities so far. Information provided by Arbing Tool. Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. Please do your own research before purchasing or investing into any cryptocurrency. The post Crypto Arbitrage Today: XRP, LTC, ETH, BTG, XLM, ONT appeared first on NullTX.

a month ago

More Projects Receive the 'Gold Label' From the Binance Info Project

Binance has released a list of the first thirty projects included on its previously reported ‘Binance Info Gold Label Project. The projects currently included are Tron, Ontology, Aelf, Bluzelle, NULS, Gifto, Cybermiles, Skycoin, Qtum, QLC Chain, NEO, GXChain, H Cash, IOS Token, Nebulas, Quark Chain, Project Pai, Contentos, IoTeX, Wanchain, YOYOW, Digix Global, Nano, Aeron, OST, Enjin, Nexus, Genesis Vision, Verge and Zcoin. The goal of the project is to set standards while promoting transparency and reliable information on legitimate crypto projects. (JF)

a month ago

After Tron, Binance Info Adds Zcoin, Nano and Verge to its Gold Label Projects

In the world of cryptocurrency, getting the right information at the right time regarding any project is very difficult as there are very limited right sources of information. Also keeping track of all the sources and separating the FUD from actual news is difficult. Understanding this huge gap, Binance Info, the information arm of the leading exchange has launched the Gold Label Project and according to recently has added Zcoin and Verge to its list of timely updates. Coins appreciate their addition to Binance’s Gold Label Project After Tron, Qtum and Ontology and many other coins in the first two days, Binance info announced a series of coins that were added to Binance Info’s Gold Label Project on day there. Binance used its Twitter handle to make this announcement where Zcoin, Nano and Verge stood out to be the most famous projects among others. The other projects that were added on day three to the Gold Project were Digix Global, Aeron, OST, Enjin Coin, Nexus and Genesis Vision. Binance Info Gold Label day 3 verified projects: @DigixGlobal @nano @aeron_aero @OSTdotcom @enjin @NxsEarth @genesis_vision @vergecurrency @zcoinofficial Apply to join the Gold Label Project: https://t.co/dx58GhB71I pic.twitter.com/ChAdoWbjdT — Binance Info (@Binance_Info) November 29, 2018 Binance Info had added Tron, Ontology, Aelf, Bluzelle, NULS, Gifto, Cybermiles, Skycoin, Qtum and QLC chain on day 1 while day 2 saw an addition of NEO, GXChain, H Cash,IOS Token, Nebulas,Quark Chain, Project Pai, Contentos, IoTeX, Wanchain and yoyow https://twitter.com/Binance_Info/status/1067737359389679616?ref_src=twsrc%5Etfw Officially joined the initiative and received verification from Binance Info: @BluzelleHQ @aelfblockchain @OntologyNetwork @Tronfoundation @nulsservice @gifto_io @cybermiles @Skycoinproject @QtumOfficial @QLCchain. Apply to join the Gold Label Project: https://t.co/dx58GhB71I pic.twitter.com/V6BDXr0yz9 — Binance Info (@Binance_Info) November 27, 2018 According to the Medium post of Binance Info, the blockchain industry is seeing some polarization between good and bad projects, as well as issues in transparency. As many projects do not report updates regularly or do not disclose certain information, its difficult for the investor and other participants of the community to take a call on them. Because of these, some bad project industry tends to lose credibility As the Gold Project helps in separating the good from the bad and raise awareness about malicious projects, the coins and tokens added here have given their thumbs up and have appreciated the initiative. #TRON has officially become one of the first round projects that got @Binance_Info Gold Label #TRX https://t.co/dAOyNNaKta — TRON Foundation (@Tronfoundation) November 26, 2018 We are proud to be one of the first Gold Label verified projects on @Binance_Info to provide accurate and verified information about our project. #zcoin $xzc https://t.co/oDkJAruPva — Zcoin (@zcoinofficial) November 29, 2018 Qtum has officially joined @Binance_Info as a Gold Label Project. Thank you @cz_binance and your team for helping to bring transparency to the industry!https://t.co/p7fjPj2i1M pic.twitter.com/X5mn8NdQtV — QtumOfficial (@QtumOfficial) November 28, 2018 The Gold Label Project has a rigorous verification process and maintenance strategy, one can expect the community to be better informed with respect to which project is actually good and reduce chances of being duped by malicious projects and people who are in the industry for all the wrong reasons Will Binance Info become a flagship platform for all crypto project related information? Do let us know your views on the same The post After Tron, Binance Info Adds Zcoin, Nano and Verge to its Gold Label Projects appeared first on Coingape.

2 months ago

Top Korean Enterprises Accelerate the Blockchain of Korea 2019/1/23-24 Chain Plus+ Blockchain Summit Seoul

CoinSpeaker Top Korean Enterprises Accelerate the Blockchain of Korea 2019/1/23-24 Chain Plus+ Blockchain Summit Seoul Continuing the nationwide investment fever in cryptocurrency, top-ranked Korean enterprises from various industries intend to accelerate the Blockchain market in Korea. No.1 social network platform Kakaotalk invested in Upbit and established the Kakao Blockchain Lab; Game industry giant Nexon took ever a digital exchange Korbit; Samsung launched a Blockchain platform, Nexledger. Korea’s giant economic & financial media Group MTN (Money Today Network Inc.) also turns to Blockchain and cryptocurrency industry, planning to co-organize an international Blockchain summit “CHAIN PLUS+” during 23-24 January in 2019. Korea MTN Group (Money Today Network Inc.) founded in May 2001, owns an authentic economy cable channel “Money Today”, mainly targets in finance, stock market, market analysis, real estate and other news related to financial area. It is one of the most trusted financial media in Korea, and is recognized as a pioneer media in Korean. Chainers Inc, co-established by Vision Creator, a top-tier traditional financial advisor and VC in Korea, and The Blockchainer, No.1 Chinese Blockchain ecosystem builder, incubating and accelerating global & domestic Blockchain projects worldwide. So far, Chainers has provided successful business solutions for prominent Blockchain projects such as AE, Terra, ONT, Bumo. As 2-days summit during the 2nd Annual CHAINERS Blockchain week, CHAIN PLUS+ focuses on topics Blockchain empowering substantial economy, which aims to build a bridge between Blockchain projects and local enterprises and a creative win-win platform for participants in this ecosystem. Relying on its long term reputation with a great social influence, MTN will invite officials from layers of government, congress, and giant firms in Korea. Meanwhile, with the great support from Korean Blockchain Association and top-tier developer communities like KBIP Lab, Decipher, and POSTECH, Chainers will have over 25% of leading developers in Korea attending the conference. On top of that, top 10 Blockchain Youtubers and 30 KOLs (Naver bloggers) will be the feast in the Chain Plus+ Summit. All in one, one for all. Check for more details: http://www.blockkarneval.com/ Top Korean Enterprises Accelerate the Blockchain of Korea 2019/1/23-24 Chain Plus+ Blockchain Summit Seoul

2 months ago

Thank you @Binance_Info for including Ontology in the projec...

Thank you @Binance_Info for including Ontology in the project! View Ontology's page here: https://t.co/IXuArBeDVy.… https://t.co/SjGbc4Dgbp

2 months ago

Thank you to @Binance_Info for including Ontology in the pro...

Thank you to @Binance_Info for including Ontology in the project! We Ontology's page here: https://t.co/IXuArBeDVy.… https://t.co/BTX94uhg9p

2 months ago

To celebrate Ontology’s one year anniversary tomorrow, we’re...

To celebrate Ontology’s one year anniversary tomorrow, we’re giving you the opportunity to define Ontology and win… https://t.co/e0TALjjazV

2 months ago

State of Asia Cryptocurrency and Blockchain: A China Series #1

We are rolling out a new post series for our Premium readers. It will feature recurring updates on the state of Asia Cryptocurrency and Blockchain. We have come up with 4 high-level topics, and every week we will be writing about one of these topics, and rotating through them in the following order. China (with a commentary on recent regulatory trends, media sentiment, and touching on exchanges and company developments) Asia Countries ex-China (with a commentary on regulations, media sentiments, crypto projects, exchanges and company developments) Exchanges And Mining (Binance, Huobi, Upbit, Bitmain, Canaan, etc) Crypto Projects and Funding Trends Let us know your thoughts on this initial piece, and how we can improve! China Series #1 The Quick Take China’s Cyberspace administration has been pushing for an acceleration of blockchain standards this month. Simultaneously, in the background, it’s swiftly gathering user information, centralizing data and shutting down user accounts of large tech companies- Baidu Alibaba and Tencent and others. The regulators have also been making moves on education and implementing its internet practices internationally. We are seeing a new digitally-enabled governing central power unveiling before us. China’s Central Bank continues to clamp down on ICOs to maintain financial stability, and this month made an effort to include airdrops as part of the warning. Its frequent, published opinions on the crypto market continue to impress me. It demonstrates the Central Bank’s full understanding of the nascency of the crypto market and expresses China’s effort to become an international leader in the space. Financial institutions have been the ultimate adoption of blockchain technology, and we are seeing that in Hong Kong and mainland China. China blockchain continues to be a strategic initiative for companies such as Huobi and Ripple. In Detail A. China’s blockchain push is accelerating; government seeking to aggregate and centralize information Blockchain push and implementation appear to be accelerating on the central government level. In the last month, the Cyberspace Administration of China (CAC) ministry has called for ‘acceleration’ of blockchain standardization. The ministry has highlighted that the standardization work began as early as 2016, with the publication of the Economic Summit of China Development Forum 2016’s white paper, which stipulated five categories for blockchain standardization: foundation, processes and method, interoperability, business and applications, and information security. It appears that we’ve arrived at the “business and applications” standardization stage. Just last week, the Ministry of Industry and Information Technology (MIIT)’s Zhou Ping, who also is the secretary general of the China Blockchain Technology and Industry Development Forum and director of the Software Engineering and Evaluation Center at China’s Electronics Technology Standardization Research Institute (it’s probably not a coincidence that he hold roles in each of these departments), has been advocating for the development of a reference blockchain architecture standard for guiding the selection and application of blockchain systems across diverse domestic industries. Here is an update of the standards thus far: “As of May 2018, it [the forum] reportedly completed ten international blockchain standards such as terminology and concepts, reference architecture, classification and ontology, which have now entered development stage. While blockchain standardization work continues to “deepen,” the text highlights that several hurdles still impede its completion, slowing industrial-scale development. These reportedly include “misunderstandings,” or an “immature and imbalanced” view of the technology’s application across various industries and scenarios, and insufficient cultivation of blockchain talent, which it notes is especially needed to train standardization practitioners. The author calls on the country to expedite standardization, as the technology’s potential applications continue to extend beyond the bounds of finance to supply chain management, social welfare, the culture and entertainment industries, and other fields.” What this means: While leaders such as Zhou Ping under the Cyberspace Administration of China advocates for acceleration of blockchain standards, the same organization has also been making way into laying the groundwork to gather data from various internet companies and channels, to put onto eventually what I believe will be a blockchain. This last month, the Financial Times has reported that these cybersecurity regulators are requesting detailed logs of user activity and personal information from all technology companies and online service providers with “public opinion or social mobilization capacity” before the month’s end. Here are the details: “The Cyberspace Administration of China laid out the new rules, due to come into effect on November 3

2 months ago

Li Jun, Founder of Ontology, is on stage at Finners City 201...

Li Jun, Founder of Ontology, is on stage at Finners City 2018, discussing the role of blockchain certificates in th… https://t.co/iU59CEPcS2

2 months ago

Day two of @TechCrunch China’s Shenzhen Hackathon which Onto...

Day two of @TechCrunch China’s Shenzhen Hackathon which Ontology is sponsoring, 12 teams have been developing on On… https://t.co/nulmnxmKCS

2 months ago

Huobi Release Weekly Research: Bitcoin Transactions Reach a Half-year High

According to data released by the Huobi research team on Nov. 13th, the number of Bitcoin transactions reached 1.92 million marking an 8.6 percent increase from last week and reached “a half-year high.” The report also revealed that the Dapp activity on the EOS network increased. Bitcoin Cash, which is expected to fork on Nov. 15th, experienced the largest increase in trading volume. Weekly Transactions The number of active Bitcoin addresses increased by 7.6 percent and reached 3.98 million. This figure has been “rising in seven consecutive weeks” and reached a three-month high. The number of new Bitcoin addresses reached 1.47 million, up from 1.37 million the previous week. The overall transactions on the Bitcoin network increased by 8.6 percent from last week to reach 6.09 million. There was a 0.1 percent decrease in Bitcoin trading volume per transaction. The number of active Ethereum addresses decreased by 5.8 percent from 1.196 million to 1.127 million. However, the overall transaction volume on the Ethereum network reached 12.48 million ETH, a 9.9 percent increase. The overall transactions on Ethereum remained unchanged from the 3.898 million figure of the previous week. The average transaction volume reached 3.2 ETH, an increase of 10.2 percent. The average transaction per second (TPS) on Ethereum network fell by 0.1 percent to reach 6.4 TPS. The overall transaction fee reached 11.4K ETH, up from 10.4K from the previous week and the average transaction fee increased 9.4 percent to reach 0.0029ETH. On the Bitcoin network, the overall transaction fee decreased from 120 BTC to 117 BTC. The average transaction fee decreased by 10 percent from the previous week to reach 0.00006BTC. The concentration of wealth on the Bitcoin network showed a little change. Top 10 addresses held 5.73 percent of all Bitcoin in circulation, marking a slight 0.01 percent drop. The number of large transactions (1,000 - 10,000 BTC) increased to 433 from 262 the previous week. The concentration of wealth on the Ethereum network showed an increase compared from the previous week. The top 10 Ethereum accounts held 12.24 percent of Ether supply, up by 0.17 percent from the previous week. There were 2 extra-large (over 50,000 ETH) transactions and large transactions (between 10,000 - 50,000 ETH) decreased from 59 to 34. EOS Transactions and Social Media Total transactions on the EOS network reached 23.61 million, showing an 8.1-percent increase from the previous week. This figure has been “rising in seven consecutive weeks.” The five most popular Dapps for the week on the EOS network are BetDice, EOS luckyMe, BET24, Blackjack-EOS Poker, and EOS Seven. Bitcoin, Ethereum, and EOS received the most attention during the week. The high interest in EOS was sparked by WhiteBlock’s research that claims EOS is not a blockchain platform. Huobi, Binance, and ZB were the most searched cryptocurrency exchanges. EOS China (Chinese group), EOS English group, and Ontology group were the most active Telegram channels for the week. In the markets, the trading volume increased dramatically with BCH recording the largest increase of 43.34 percent. “In terms of trading volume, BCH also has the largest increase of 213 percent.” Huobi Release Weekly Research: Bitcoin Transactions Reach a Half-year High was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

2 months ago

Li Jun, Founder of Ontology, is being interviewed by 8BTC (...

Li Jun, Founder of Ontology, is being interviewed by 8BTC (https://t.co/ugZAwiO51D) at the Shanghai office. $ONT… https://t.co/u8Jd0vkeM4

2 months ago

RT @OntologyNetwork: Keep up to date with Ontology on Delta ...

RT @OntologyNetwork: Keep up to date with Ontology on Delta Direct: https://t.co/bxcIgNFquK. $ONT $ONG https://t.co/aeZzxkr1SQ

2 months ago


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