Ontology is dedicated to working with the community to develop a win-win global ecosystem, with the aim of building a blockchain network capable of serving all businesses, and public infrastructure for trust collaboration, thus empowering business.

We have long worked with investors and the community to explore new areas, such as gaming, DeFi, and the attention economy (content, short videos, and advertising trade). We will continue to do so and launch products and protocol frameworks that can be widely adopted. With the adoption of the community and the growing demand of enterprises, we are aiming to work with the community to iterate products in a more agile manner, to make Ontology the most widely adopted blockchain network in the market.

More specifically, in the next stage, Ontology will strive to lead in technology, be developer- and user-friendly, and widely recognized.

1. Leading in technology: To be a public blockchain project leading in scalability, stability, and performance (sharding, layer-2, high-performance chain network, and decentralized storage);

2. Developer-friendly: Provide comprehensive interfaces, tools, and documentation for all developers;

3. User-friendly: Provide highly secure and intuitive applications for end users;

4. Business recognition: Use distributed identity, data, reputation, and contracts to build modules suitable for various business scenarios.

Leading in Technology:

As a public blockchain leading in sharding, layer-2, high-performance chain network, and decentralized storage, Ontology 2.0 has greatly improved its performance and scalability.

▪ Sharding design: Network sharding is achieved based on hierarchical network architecture, and Ontology transaction shards are based on smart contracts. Shards communicate with each other through a reliable message queue and the verifiability of messages between shards is achieved with Merkel proof;

▪ The first multi-VM smart contract platform (NeoVM, Wasm, and more): This platform further improves multi-language contract development, supports the seamless interaction between virtual machines, and optimizes the performance of virtual machines by a factor of three to five;

▪ Parallel execution optimization: Parallel transaction pre-processing and efficient pre-execution mechanisms not only filter valid transactions for the system but also suit the convenience of dApp developers;

▪ IO optimization: Optimize the back-end data model to achieve read-write separation of back-end data and improve the efficiency of the execution of ledger and smart contracts;

▪ P2P network optimization: Create a P2P network module which allows higher scalability and fault tolerance, and pluggable P2P routing algorithm to better support the customized needs of the Ontology multichain design;

▪ Cross-chain solution: The more modularized and configurable Ontology blockchain architecture makes it easier for ecosystem co-builders and developers to build their own Ontology side-chains; the interaction between both homogeneous and heterogeneous chains strengthens the cooperation between blockchain projects, thus making Ontology the public infrastructure for trust collaboration, which can better serve the blockchain ecosystem.

Developer-friendly:

The success of Ontology could not have been possible without the support of our developer community. Therefore, another of our continued focuses is improving the IDE toolkit, thus helping developers build their dApps on the Ontology platform.

▪ The collaboration layer connects blockchain applications on the bottom and business applications on the top, and provides a complete set of APIs, which allows developers to build all types of applications;

▪ Improve IDE tools to make contract and dApp development easier;

▪ Promote the general-purpose ONT ID service to achieve easy interaction between traditional applications and on-chain assets;

▪ Provide better SDKs for mobile and gaming engines to create good user experience;

▪ Create one-click deployment tools which are compatible with mainstream public clouds to help developers use the platform;

▪ Provide multilingual and readable developer documentation for the global developer community;

▪ Create a contract content hub whose open-source smart contract codes can be shared, searched, and used by developers;

▪ Provide comprehensive external resource integration for developers, such as globalized KYC, more distributed data sources, and more trusted data sources (Oracle).

User-friendly:

Based on the distributed blockchain technology, Ontology is dedicated to providing end users with highly secure and intuitive products that have a unique value.

▪ Improve Punica toolkit and simplify dApp templates to help dApp developers get familiar with the main on-chain features;

▪ Integration of OS native cryptographic modules can improve asset safety;

▪ ONT-login feature integrated into dApps and linked to Facebook, Google, Twitter, and WeChat;

▪ dApps are allowed to run Layer-2 state channels to reduce transaction costs, and even pay the transaction fees for users;

▪ Decentralized storage allows dApps to keep in custody any required documents;

▪ ONTO has been upgraded to a comprehensive blockchain end application, which supports more platforms, assets, and applications, thus providing one-stop services for users.

Business Recognition:

Large-scale distributed applications need a digital platform and real business. Using distributed ID, data, reputation, contracts, and other mechanisms to establish a connection module suitable for various business scenarios, and build a distributed trust collaboration platform to become the global trust collaboration infrastructure.

▪ Further upgrade the modules of the distributed trust collaboration platform to — distributed identity, data, reputation, and contracts — to support global business collaboration;

▪ Deliver high-performance infrastructure, and provide a technology platform that can meet enterprise-level business needs;

▪ Customized services to meet the needs for privacy, copyright protection, and other enterprise-level needs;

▪ Seamlessly link token and new businesses of enterprises;

▪ Meet the security and SLA needs of enterprises, such as supporting hardware keys and account recovery based on the sub-accounts of the contract;

▪ Contributed to the formulation of ISO, IEEE, W3C, and other international standards compatible with Ontology modules, which have won worldwide recognition.