Ontology to Launch MainNet v300 and Consensus Nodes Upgrade

Ontology to Launch MainNet v300 and Consensus Nodes Upgrade

user avatar

by Zainab Kamara

a year ago

Made with AI

Ontology is gearing up for a significant upgrade with the launch of its MainNet v3.0 and Consensus Nodes on December 1, 2025. This update promises to improve network performance while also introducing key changes to the ONG tokenomics, as detailed in the document.

Enhancements in MainNet v3.0

The upcoming MainNet v3.0 will not only enhance the overall efficiency of the Ontology network but will also implement a crucial update to the ONG token supply. The total supply of ONG will be capped at 800 million tokens, a move aimed at stabilizing the token's value in the long term.

Extended Issuance Schedule for ONG

Additionally, the issuance schedule for ONG will be extended from 18 years to 19 years. This adjustment is expected to provide a more sustainable approach to token distribution, allowing for a gradual release that aligns with the network's growth and user adoption. Ontology's commitment to these changes reflects its ongoing efforts to strengthen its ecosystem and provide value to its community.

Bybit has recently announced its support for the Siacoin v2110 upgrade, which is set to enhance the network's security and scalability. This follows Ontology's upcoming MainNet v3.0 launch, highlighting the ongoing developments in the blockchain space. For more details, read more.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Payward to Acquire Saldo Bank for European Banking Expansion

Payward, the parent company of Kraken, plans to acquire Lithuania-based Saldo Bank to enhance its banking capabilities and integrate banking products with crypto services.

user avatarMaria Fernandez

Germany's Sparkassen Group Begins Cryptocurrency Trading Rollout

Germany's Sparkassen savings bank group is starting a phased rollout of cryptocurrency trading within its existing banking app, beginning on October 19, 2023.

user avatarGustavo Mendoza

CME Group to Launch Bitcoin Cash and Uniswap Futures on October 19

CME Group has scheduled the introduction of Bitcoin Cash and Uniswap futures for October 19, providing institutional traders with more cryptocurrency markets.

user avatarRajesh Kumar

Ethereum's Glamsterdam Upgrade Scheduled for Hoodi Test Network

Ethereum's next major upgrade, Glamsterdam, is set to activate on the Hoodi test network on October 26, marking a significant step in testing changes to block production and execution costs.

user avatarMiguel Rodriguez

International Crackdown on West African Scam Networks Results in 28 Arrests

An international effort against West African scam networks has led to 28 arrests and the removal of over 37 million accounts linked to fraudulent activity.

user avatarLuis Flores

Stablecoin Payment Transactions Surge Despite Flat Supply

A new report reveals a significant increase in stablecoin payment transactions, contrasting with stagnant supply levels.

user avatarArif Mukhtar

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.