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Mohammad Shuja photo
Lahore, Pakistan.
1 Level
135 Review
31 Karma

Review on Ontology by Mohammad Shuja

Revainrating 4 out of 5

It is a great smart contract system to be a part of.

Ontology has the technology to assist in bringing in additional millions of dollars into the cryptocurrency sector. When ordinary companies consider using blockchain technology, ONT would be a dependable choice among the options now available to them.



Ontology establishing a chain of companies that provide a variety of answers to the problems that they face. Despite the fact that they were both established by the same company, NEO is its most significant competitor in terms of purchasing its assets for use. The importance of ONT cannot be overstated, and GAS is a reward for users. It is compatible with a wide range of programming languages and is primarily intended for decentralized DAPP development. It offers scalability-related solutions that combine high performance and allow for the deployment of a large number of users at the same time. The chain may be customized to meet our needs, which is something that is difficult to do with other initiatives.



Because they take the blockchain to a new level, where mining isn't the most important factor, and concentrate on a more diversified product that, like other assets, has a highly decentralized technology that offers several different cases of potential use, which you can read about in detail in your white paper, Ontology has important development characteristics.

Pros
  • It provides a plethora of advantages for businesses.
  • A one-of-a-kind consensus method.
  • It has a large amount of support.
Cons
  • Nothing significant.