Review on Ontology by john louves
Ontology
Ontology and Neo both came from the same company, and together they can bring blockchain into the business world. The technology also supports decentralized applications (dApps) and is in close competition with ethereum.
Ontology is completely different from other blockchains, such as ethereum, because not only is the information sent on this network sent to a general public office that everyone can see, but its blockchain is also open-source.
In total, there will be one billion Coin ONTs, and when the total number of Coins reaches this value, there will be no more Coins.
The ONG target is similar to the GAS token in the Neo network, which allows people to obtain a transaction fee by keeping blockchain operations active.
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Pros
- ontology provides a terminal for smart contracts and decentralized applications that will be supported by the Neo blockchain. And this feature will open a new path to automation in which many organizations can perform data transactions without the need for third-party authentication.
Cons
- nothing found
