On May 17, 2018, Ontology made the v0.8 pre-release of the Ontology MainNet available on GitHub. Ontology is a high-performance public blockchain that supports collaboration among blockchain networks and their protocols through distributed data and identity infrastructure.
The recent source code release included the following:
- Proof of Stake (POS) native contract,
- Chain environment native contract,
- ONTID native contract,
- Update the Verifiable Byzantine Fault Tolerance (VBFT) protocol to new version,
- Virtual Machine (VM) fee calculation model,
- Command line interface (CLI) configuration and transaction creation support,
- Network optimization, and
- Smart contract execution and permission control module.
This is among the initial releases of open-source projects on the Ontology GitHub. The first batch was released on March 30th, 2018.
In addition to the March 30th batch release, Ontology also released their first open letter to the community outlining the project structure, the team’s outlook on the public chain design, and future strategic direction.
As the development team approaches version 1.0, there is still no official launch date of the Ontology MainNet. However, the first version of Ontology’s roadmap plans for the MainNet released as part of the “Socrates”phase in Quarter 2 of 2018.
For more information about Ontology visit one of the links below.
About The Author: Dylan Grabowski
Dylan is a reformed urban planner with a passion for covering the Neo ecosystem. His objective as a writer for Neo News Today is to report news in an objective, fact-based, non-sensational manner. When not behind a computer screen, he can be found in the mountains rock climbing. Find Dylan on Twitter (@GrabowskiDylan).
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