Updated on September 1, 2019.

Ontology uses the Triones consensus system for its chain network. The system provides distributed, high-performance blockchain consensus using the VBFT consensus algorithm and an incentive model. Triones nodes include communities, organizations, and individuals across five continents. They constitute Ontology ecosystem co-builders, together helping develop Ontology’s ecosystem.

In addition to receiving ONG from transaction fees, to encourage participation in consensus the top 49 nodes in stake size receive the Ontology Foundation bonus: an additional 10,000,000 ONG per year for the first three years from the community allocation. This means nodes which do not rank in the top 49 by stake size only receive ONG from transaction fees, not the Ontology Foundation bonus.

Node applications will remain open and the network size will increase in the future as business on Ontology grows.

Ontology Triones seed node enlistment conditions are as follows: