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When it comes to blockchain technology, one of the most important aspects of it is that it is private and anonymous. However, this lack of identity on the blockchain limits the range of potential applications. Ontology bills itself as being a “decentralised trust ecosystem” and aims to leverage the other main benefit of blockchains, trust.

Pros
  • Option of running smart contracts powered by Neo chain, and the ability to obliterate third parties during data transfers
Cons
  • Lower marketing ebb from the team and a poke of lack of experience might turn out to be a nightmare as more and more formidable projects gets erupted to replace existing ones

Thanks for the adoption of ONT, businesses wwill now look to implement their services on Blockchain and look to be part of the mission of creating a decentralized autonomous World. ONT will help both small and big businesses gain ground in the fierce crypto space.

Pros
  • New payment system to rival the ageing systems of Payoneer and PayPal and the likes. If this project gets to its height, it would proove extremely useful to everyone.
Cons
  • There has been rumors of data leaks and the likes, which doesn't bode well for what a proper decentralized tool should accord. If this isn't looked into properly, it might cause damages.

Revainrating 4 out of 5

Ontology is revolutionary in the sense that it allows businesses without…

Ontology is revolutionary in the sense that it allows businesses without previous knowledge of distributed networks to use blockchain technology. Right now, there’s no way for businesses to integrate blockchain into their infrastructure without extensive knowledge of blockchain.

Pros
  • The fact that new Blockchain users and firms looking to adopt Crypto currency can easily do so through ONT is a big plus and something to be reckoned with.
Cons
  • Poor privacy protection and leaking of data is the main issue facing ontology and the product it tends to bring in play

Ontology blockchain framework supports public blockchain systems and is able to customize different public blockchains for different applications. Ontology supports collaboration amongst chain networks with its various protocol groups. Ontology will constantly provide common modules on the underlying infrastructure for different kinds of distributed scenarios, such as those for the distributed digital identity framework, distributed data exchange protocol, and so on. Based on specific scenario…

Pros
  • The code must remain open source and needs to be thoroughly peer reviewed to root out bugs and backdoors. Development needs to be diverse with checks and balances put in place to allow for new contributors but at the same time protect against bad actors. These are no small tasks, and even the longest running open source projects struggle with them. If government ID systems do successfully become decentralized, or added to a distributed network that is not subject to the laws of any one country, it would serve to increase trust over the internet
Cons
  • massive get rich coin

Revainrating 5 out of 5

Ontology with a current value of 1.72 USD (-86% compared to December 2017…

Ontology with a current value of 1.72 USD (-86% compared to December 2017) with a total supply of 1,000,000,000 ONT of which 184,206,203 ONT are already in circulation, we can trade it in more than 32 forms, ranked among the best cryptocurrencies in the 26th place in the top 50 What is ONTOLOGY technology really? Ontology is a new high performance public blockchain project and a distributed trust collaboration platform. Ontology offers new chains of high performance public blocks that…

Pros
  • active team in social networks giving updates for your project and conferences both virtual and reliable, showing that they are always working and that shows in the development
Cons
  • there are some very similar projects like the case of NEM

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. While there are so many blockchain projects on the market right now, it is evident smart contracts are not unique by any means. Even so, Ontology may provide some unique features to make this project stand out

Pros
  • Ontology hopes to become a major player in the blockchain world. It seems there are plans to focus on digital identity solutions, data exchange protocols, and more. It’s an interesting mix of opportunities for enthusiasts of public blockchain technology
Cons
  • know cons on the far

Although cryptocurrency can be quite complex in general, the Ontology project can be even more difficult to understand as the concept is unique! However, I hope I have cleared everything up for you. If you read it from start to finish, you should now have a good understanding of what the Ontology coin project is and what they are trying to do. You should also have a good idea of how the technology works, along with its advantages and disadvantages. So, what do you think about the Ontology…

Pros
  • Ontology was created in 2017 by a Chinese company called OnChain, which is led by founders Erik Zhang and Da HongFei. OnChain has had huge success in the cryptocurrency industry, as they were also the founders behind the NEO blockchain, which is now a multi-billion dollar project. Essentially, Ontology was created as a way for businesses of all sizes to install blockchain technology within their company, without having to completely change all of their current systems. One of the most interesting things about the start of the Ontology coin journey is that they did not hold an Ontology ICO. Instead, Ontology airdropped (which means transfer for free) their coins to a variety of people, including NEO coin holders and those who subscribed to the Ontology email newsletter! They also received funds from private investors. Simple entry for businesses: Ontology will be ideal for businesses of all sizes as no prior knowledge of blockchain technology is required. Great team: OnChain, the company behind Ontology, have had great success in the blockchain industry already with their NEO project. Limitless potential: The number of industry sectors that would benefit from the Ontology coin is endless. Unique consensus: The VBFT consensus model used by Ontology is unique, combining both speed and safety. Transactions in the thousands per second are hoped to be possible. Bridge between real and virtual: The Ontology blockchain will allow the digital economy to connect with the real-world economy, across multiple blockchains.
Cons
  • Strict country of origin: Ontology operates in one of the strictest nations for crypto regulation – China. Early days: Although the ONT token has great potential, the project is still in its very early days.

The purpose of the Ontology framework is that it is not intended to operate as a single blockchain. Instead, the technology will allow businesses to make full use of both a private and public blockchain. Let me explain this in more detail. A financial institution will not want to put all of their data on a public blockchain as it will allow their competitors to access all of their information. In this sense, they will install the Ontology blockchain, which is a private blockchain only…

Pros
  • Ontology coin was created for can be quite a difficult task, so I thought it would be best to start with a real-world example. Think about your own medical records that are held at your local doctor’s surgery. Every time you have an appointment, the doctor will make notes about what your illness was and then what he recommended (such as the medicine he prescribed). Your notes will also contain information such as any allergies you have and any regular medication that you take.
Cons
  • Currently the 23rd highest market cap token at $400M, but 2 months ago it was above a Billion dollars worth of capitalization, with nearly 50% of total value in 24 hour volume on May 3rd. I wonder if there were similar spikes in created out of nothing "umbilicus coins" that day.

Ontology intends to solve an interesting problem, one that any person who has had to prove their identity over the internet is familiar with. The process usually entails scanning all the documents an identity thief would love to get their hands on and then sending them unencrypted, via email. The documents end up at a company which stores them forever using often insufficient security measures. On the other hand, the Ontology developers also need to make users’ security is their first…

Pros
  • •Large team made up of well educated and experienced professionals. •Backed by major Chinese companies and well funded VCs. •Strategic partnership and shared resources with NEO. •A possibly extensive use case, specifically in their country of origin.
Cons
  • •Mainnet hasn’t launched, and there is no working identity system yet. •Chinese government may take action if they feel their own identity/reputation system is threatened. •Could end up as competition to NEO in the long run.

Although cryptocurrency can be quite complex in general, the Ontology project can be even more difficult to understand as the concept is unique! However, I hope I have cleared everything up for you. If you read it from start to finish, you should now have a good understanding of what the Ontology coin project is and what they are trying to do. You should also have a good idea of how the technology works, along with its advantages and disadvantages. So, what do you think about the Ontology cry

Pros
  • One of the most interesting things about the start of the Ontology coin journey is that they did not hold an Ontology ICO. Instead, Ontology airdropped (which means transfer for free) their coins to a variety of people, including NEO coin holders and those who subscribed to the Ontology email newsletter! They also received funds from private investors.
Cons
  • Strict country of origin: Ontology operates in one of the strictest nations for crypto regulation China.Early days: Although the ONT token has great potential, the project is still in its very early days.

Revainrating 4 out of 5

Ontology is based in China. The Ontology project shows it is here for the…

Ontology is based in China. The Ontology project shows it is here for the right reasons and they are made much success with it's bounty programs. Ontology Currently the 23rd on coinmarketcap and this tokens market cap at $400M. Ontology is very well developd and organized certain asset.

Pros
  • When it comes to public blockchains, one of the more pressing issues these days is scaling. No public blockchain can properly scale to enterprise-grade levels in their current form. Ontology aims to address that problem by introducing a new high-performance blockchain which serves as a distributed trust collaboration platform.
Cons
  • not having much cons but stilll if we see then it is not much developed

ontology is really a very good public blockchain project.it provides a series of complete distributed ledgers. really a very good blockchain project which provides common service for applications and also other chains are provided by one or more pubic chains. otherwise it is really great choice of coin..

Pros
  • Ontology is high-performanced public blockchain project and also called as distributed trust collaboration platform.also it includes a number of series of complete distributed ledgers . really a good project.Ontology blockchain framework also supports public blockchain systems and also it is able to customize different public blockchains for different applications. so best coin for the blockchain users
Cons
  • not having much cons but stilll if we see then it is not much developed

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. While there are so many blockchain projects on the market right now, it is evident smart contracts are not unique by any means. Even so, Ontology may provide some unique features to make this project stand out.

Pros
  • - new high-performance public blockchains (for users who understand what is it) - bounty program (it's interesting for bounty hunters) - ONTO (Comprehensive decentralized client product and an entrance to the Ontology blockchain system - easy to use).
Cons
  • I think nothing but I don't love much their support service because they are too slow for a customer support service. And also the current price of Ontology is too low compared to the old price.

Revainrating 4 out of 5

The team is really large on the website. I assume many of the individuals…

The team is really large on the website. I assume many of the individuals listed are part-timers, contractors, or advisors.The decentralized feature set including data collaboration and trade, content sharing, and a reputation system.

Pros
  • ONT used in governance decision making.ONG used for smart contracts fees (on Neo blockchain it currently costs 500 GAS to deploy a smart contract).Distributed data exchange, attestation, transmission and storage.Copyright protection of data Blockchain-based search engine.Which are really good to say.
Cons
  • Ontology Have to place a strong emphasis on open-source and technical community contributions to help improve the platform and enable long-term sustainability. They have to build a strong community to do much better.

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. While there are so many blockchain projects on the market right now, it is evident smart contracts are not unique by any means. Even so, Ontology may provide some unique features to make this project stand out.

Pros
  • When it comes to public blockchains, one of the more pressing issues these days is scaling. No public blockchain can properly scale to enterprise-grade levels in their current form. Ontology aims to address that problem by introducing a new high-performance blockchain which serves as a distributed trust collaboration platform.
Cons
  • Forecasting the future of Ontology is not all that easy, as there is not much of a roadmap to go by

Revainrating 4 out of 5

Ontology is based in China. The Ontology project shows it is here for the…

Ontology is based in China. The Ontology project shows it is here for the right reasons and they are made much success with it's bounty programs. Ontology Currently the 23rd on coinmarketcap and this tokens market cap at $400M. Ontology is very well developd and organized certain asset.

Pros
  • Ontology isn't allow to speculatif so this crypto can't get strong dump and pump actions. I used to use this crypto (ONT) for investment purposes and I was really able to make very good earnings through Ontology.
Cons
  • I think nothing but I don't love much their support service because they are too slow for a customer support service. And also the current price of Ontology is too low compared to the old price.

https://ont.io/ Based in China, this project shows it is here for the right reasons, and encourages external buy in for it's success with it's bounty programs. Currently the 23rd highest market cap token at $400M, but 2 months ago it was above a Billion dollars worth of capitalization. A serious technical side, well developed and thoughtful, Ontology project is a superior distributed ledger.

Pros
  • Ontology is not a pump and dump token. This is a project aimed at, focused on, and dedicated to expanding next generation blockchain concepts to increase use cases and leverage tech to make things better for people. Unlike some projects focused on flipping coin, there is no such big name attachment for the sake of it. These engineers and leaders have a wealth of concentrated experience in these fields.
Cons
  • Like everyone else in this space, they have not yet figured out how to segment themselves from fraudulent bad actors. Currently the 23rd highest market cap token at $400M, but 2 months ago it was above a Billion dollars worth of capitalization, with nearly 50% of total value in 24 hour volume on May 3rd. I wonder if there were similar spikes in created out of nothing "umbilicus coins" that day. Once someone figures out how to excise themselves from being bled to death by fraud, the true values of this and the few other useful products in this space should result in windfalls upon windfalls.