Gate News message. On March 30, according to Gate market data, as of the time of writing, ONT (Ontology) is trading at $0.07345. It is up 19.09% over the past 24 hours, reaching a high of $0.09423 and falling back to a low of $0.05673. The 24-hour trading volume is $1.3855 million. The current market cap is approximately $68.6214 million.
Ontology is a next-generation public infrastructure chain project and a distributed trust collaboration platform, including a complete distributed ledger and smart contract system support. The Ontology architecture supports a public chain network system. In addition to providing basic public chain services, it also supports customizing public chains for different applications through the Ontology blockchain framework and enables chain-network collaboration through different protocol groups. On top of the base layer, Ontology will continue to provide general-purpose modules in various distributed applications, such as a distributed identity framework and distributed data exchange protocol, to support distributed trust collaboration components. The platform provides an extensible lightweight general-purpose smart contract, extensible WASM contract support, cross-chain interaction protocols, support for multiple cryptographic algorithms, highly optimized transaction processing speed, P2P connection link encryption, support for multiple consensus algorithms, and fast block generation times.
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