Ontology Gas (ONG) Feed: Events, News & Roadmap
Ontology Gas Events on the Chart
What is Ontology Gas?
Ontology is a high-performance public blockchain platform focused on decentralized identity systems and data management. It provides infrastructure for creating and integrating decentralized applications (dApps) while ensuring high security and privacy.
Ontology operates on a multi-layered architecture, including multiple blockchains designed for specific tasks. The main blockchain handles transactions and smart contracts, while additional chains can be customized for specific applications or industries. This structure provides flexibility and scalability, allowing the system to adapt to diverse user needs.
The ONG (Ontology Gas) token is used within the Ontology ecosystem to pay transaction fees and execute smart contracts. It is automatically generated by holding the primary ONT token, incentivizing holders to support and contribute to the network’s development.