Ontology Price (ONT) $0.2434 USD

Comprehensive information on Ontology cryptocurrency is available today, including its current price ONT and staking, market capitalization, latest news, earning opportunities, insightful guides, overall value, and detailed charts.

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Ontology
Ontology
15.6
7.58
11
0.2434

What is Ontology?

Ontology, often referred to as ONT, is a cutting-edge blockchain project that places a strong emphasis on decentralized identity and data solutions. In today's digital age, the security and privacy of personal information are paramount. Ontology addresses this need by empowering users, granting them full control over their data and guarding against identity theft and data breaches.

what-is-ontology

History of Ontology

The journey of Ontology began on November 27, 2017, culminating in a successful mainnet launch on June 30, 2018. It originated as a venture connected to NEO, a prominent blockchain platform. Over time, Ontology rapidly evolved, gaining traction and forming vital partnerships in the blockchain sphere.

Ontology Developers

At the helm of Ontology is Jun Li, an experienced Blockchain architect and solutions specialist with an impressive 17-year career in IT and fintech. Serving as the Founder and CEO, Jun Li played a pivotal role in bringing Ontology to life and steering its growth within the blockchain industry.

Technology

Ontology harnesses a unique and advanced Verifiable Byzantine Fault Tolerance (VBFT) consensus mechanism, integrating elements of Proof of Stake (PoS), Verifiable Random Function (VRF), and Byzantine Fault Tolerance (BFT) to ensure both security and scalability. The platform operates on a dual-token model, utilizing ONT for governance and ONG for transactional utility. Additionally, Ontology supports cross-chain capabilities, enhancing interoperability across various blockchain networks.

Ont Network and Ontology Blockchain

The Ont Network, often referred to as "Ont," serves as the foundation for decentralized applications, data storage, digital identity solutions, and more within the Ontology ecosystem. It embodies the vision of a secure, interoperable, and user-centric blockchain infrastructure. At the core of the Ont Network is the Ontology blockchain, where all transactions, smart contracts, and governance decisions occur. Designed with a focus on security, scalability, and cross-chain operability, the Ontology blockchain utilizes the VBFT consensus mechanism and a dual-token system to facilitate smooth operations and enable a wide array of use cases within the blockchain space.

Frequently Asked Questions

What is the price of Ontology(ONT)?

As of now, the current live price of Ontology (ONT) stands at $0.2434 USD. We provide real-time updates for the ONT to USD exchange rate. If you're interested in purchasing Ontology (ONT) at the present rate, the leading cryptocurrency exchanges for trading in Ontology include Binance, Deepcoin, OKX, Bitrue, and Bybit.

How to Buy Ontology (ONT)?

Choose a reliable and secure cryptocurrency exchange that supports Ontology trading. Some popular exchanges include Coinbase, Binance, Kraken, and Gemini. Find an Ontology trading pair (e.g. ONT/USD, ONT/BTC) on the exchange platform. Decide how much Ontology you want to buy and place an order. Before completing your purchase, review the details of your order, including the amount of Ontology and the total cost. Confirm the transaction. Remember that buying Ontology is risky and prices can be very volatile. Only invest what you can afford to lose, and do your research to make informed decisions.

What is the potential price growth of Ontology (ONT) crypto?

Attempting to predict the future price of Ontology (ONT) remains an elusive endeavor. Nevertheless, It is essential, as always, to conduct thorough research (DYOR) and exercise prudent judgment when considering investments in cryptocurrencies, mindful of the inherent financial risks involved. Now the price of ONT is $0.2434 to USD.