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Review on Ontology by Eze Gold

Revainrating 4 out of 5

Ontology as a new high-performance public blockchain will be quite interesting…

Ontology as a new high-performance public blockchain will be quite interesting to keep an eye on. So far, the project is still in the early stages of development, but there will be some milestones to be achieved in the coming months. Ontology aims to address that Blockchain Scalability problem by introducing a new high-performance blockchain which serves as a distributed trust collaboration platform.



Pros
  • It is evident this public blockchain solution will need some powerful features in order to work. As such, Ontology will offer a set of high-performance blockchains which come with their own set of distributed ledgers, as well as smart contract solutions.
Cons
  • Forecasting the future of Ontology is not all that easy, as there is not much of a roadmap to go by. We do know the testnet is currently being deployed on GitHub, which should bring more positive attention to the project. It remains to be seen how long it will take the team to push the main net live, as that will be the point at which we can actually determine the true value of this network.