ONG

ONG

Ontology Gas
$0.443900
-1.42%
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  • Market Cap
    $26,888,405
  • 24h Vol (Global)
    ฿444 ($3,518,970)
  • Circulating Supply
    60,573,114
  • Issue Date
    2018-06-30
  • Issue Price
    -
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Max SupplyCirculating SupplyIssue DateIssue PriceConsensus ProtocolExplorer
1,000,000,00060,573,1142018-06-30-VBFT1
explorer.ont.io
Total SupplyCryptographic AlgorithmSource CodeWhite PaperWebsiteType
1,000,000,000SHA256https://github.com/ontiohttps://ont.io/COIN

About ONG: ONG (Ontology Gas) is Ontology’s second functional cryptographic token. ONG is designed to be used solely on the Ontology network, which is required as virtual crypto “fuel” for using certain designed functions on the Ontology network. The total supply of ONG is 1,000,000,000. About Ontology: Ontology MainNet, Ontology 1.0, was launched on June 30th, 2018. Ontology 1.0 provides new high-performance public blockchains that include a series of complete distributed ledgers and smart contract systems, and at the same time supports public chain customization and chain network collaboration, while continuously providing common modules in various distributed applications. Public chain basic services, high-performance customizable blockchain framework, and protocol groups are the three key components of Ontology’s infrastructure. Ontology 1.0 includes a decentralized identity authentication protocol, distributed data management protocol, and credit score protocol. At the application level, the integrated client product (ONTO), trust search engine, and distributed data exchange framework will provide strong technical support.

Teams
    Jun LI

    Jun LI

    Founder

    Li has a rich academic background, including a Bachelor’s degree in Computer Science, Master’s in Communication Engineering, MBA, and PMP. He is a senior blockchain architect and blockchain solutions professional with 16 years’ work experience in IT and fintech. Li previously provided technical architecture, management, and planning support for top international IT firms and major Chinese financial exchanges. He has taken part in the architecture design and technical management of many major systems, and has built up multiple technical teams and systems from scratch. Li also has a profound knowledge of the finance industry, excelling at internal management and external communication.

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    Andy JI

    Andy JI

    Co-founder

    Ji Zhoudong has substantial experience in blockchain technology, including being a leader of one of the Top 500 Blockchain groups, Deputy General Manager of Wanda Technology Group Innovation Center and Wanda’s Chief of Blockchain Technology, Deputy Secretary-General of China’s Ministry of Industry and Information Technology’s Blockchain Technology and Industrial Development Forum, a director of Hyperledger, a member of China’s delegation of ISO/IEC TC 307, and Deputy Director of the China Blockchain Ecosystem Alliance (CBEA). Ji has participated in China’s Ministry of Industry and Information Technology’s blockchain white paper and blockchain standards-related work, written several books on blockchain including a blockchain development textbook, and led many blockchain community events.

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    Ning HU

    Ning HU

    Senior Architecture Expert

    Hu is one of the first Semantic Web professionals in China. His experience includes enterprise resource planning, digitization of government affairs, gaming platforms, and media streaming. In 2008, he joined Project Halo, initiated by Paul Allen, Co-Founder of Microsoft, where his contributions included big data, artificial intelligence, work related to Semantic Web, etc. In 2013, Hu took part in setting up the Chinese division for Green Dot. He has rich understanding in banking finance and prepaid card services.

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    Elmond CONG

    Elmond CONG

    Senior Architecture Expert

    Cong studied computer science at Tsinghua University and is a professional in distributed systems and decentralized consensus algorithm design. He previously worked on distributed network protocols and distributed storage systems at Cisco and EMC, and later moved onto blockchain architecture design for large business groups. Cong excels in a range of blockchain structures and protocols, and participated in building the biggest alliance chain (between Union Pay, JD, CMB, and Wanda Group) in China. His work experience also includes crypto exchanges, supply chain, digital contracts, attestation, and other blockchain applications. He played a key role in Linux Foundation’s Hyperledger project and is certified as a blockchain performance assessment professional by China Electronics Standardization Institute. He also led a team and won second place in Hyperledger’s Asia Hackathon.

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    Xianping MAO

    Xianping MAO

    Dean of the Ontology Research Institute

    Mao holds a PhD in cryptography from Shanghai Jiao Tong University. He is committed to innovation and application research of blockchain underlying technology and cryptography, and has a deep understanding of blockchain consensus mechanisms, blockchain privacy protection, and data security. Mao has been in well-known international journals in the field of cryptography and has published more than ten related academic papers for conferences.

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Introduction

About ONG: ONG (Ontology Gas) is Ontology’s second functional cryptographic token. ONG is designed to be used solely on the Ontology network, which is required as virtual crypto “fuel” for using certain designed functions on the Ontology network. The total supply of ONG is 1,000,000,000. About Ontology: Ontology MainNet, Ontology 1.0, was launched on June 30th, 2018. Ontology 1.0 provides new high-performance public blockchains that include a series of complete distributed ledgers and smart contract systems, and at the same time supports public chain customization and chain network collaboration, while continuously providing common modules in various distributed applications. Public chain basic services, high-performance customizable blockchain framework, and protocol groups are the three key components of Ontology’s infrastructure. Ontology 1.0 includes a decentralized identity authentication protocol, distributed data management protocol, and credit score protocol. At the application level, the integrated client product (ONTO), trust search engine, and distributed data exchange framework will provide strong technical support.

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