Ontology (ONT)

$0.469166

0.0001457 BTC

-5.23%

-4.4135%
Circulating Supply

Max. Supply

1,000,000,000

Distribution

Ontology / U.S. Dollar ONTUSD
Market Cap
52 Wk High
$10.07
52 Wk Low
$0.51
Open
$0.47
High
$0.50
Low
$0.45
Close
$0.50
Vol (24h)
7,316,895
Vol (1mo)
366,958,390
Rank
1
Type
Start
1530316800000
Emission
VBFT
Average Monthly Transations
Average Transaction Fee
Average Transaction Fee
Block Times

Ontology

Ontology is a general purpose blockchain targeted at developers looking to make use of blockchain technology without starting from scratch. To achieve consensus, Ontology uses an algorithm called VBFT which is essentially a combination of Proof-of-Stake (PoS), Verifiable Random Function (VRF) and Byzantine Fault Tolerance (BFT).

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Supply Info

From the EOS whitepaper: "The EOS.IO software introduces a new blockchain architecture designed to enable vertical and horizontal scaling of decentralized applications. This is achieved by creating an operating system-like construct upon which applications can be built."