Diving into Ontology Gas

 Diving into Ontology Gas

At the forefront of blockchain innovation stands Ontology Gas (ONG), a pivotal element within Ontology's ecosystem, renowned for its high performance and commitment to digital identity and data integrity.

Ontology's blockchain infrastructure serves as a beacon of adaptability, enabling seamless cross-chain collaboration and Layer 2 scalability, empowering businesses to tailor blockchain solutions to their unique requirements.

Distinguished by a plethora of decentralized identity and data sharing protocols, Ontology boasts a rich suite of features aimed at bolstering speed, security, and trust. Among these features, ONT ID emerges as a cornerstone, a mobile digital ID application embraced across the ecosystem, alongside DDXF, a decentralized data exchange and collaboration framework.

In its pursuit of efficiency and stability, Ontology embraces a dual-token model, comprising both ONT and ONG as utility tokens. By decoupling ONT and ONG, Ontology mitigates the inherent volatility risks associated with native asset values and gas fees.

ONT serves as the cornerstone of staking mechanisms, with considerations encompassing time, staking costs, and operational expenses. Meanwhile, ONG assumes the role of a value-anchoring tool within on-chain applications, facilitating seamless transactions across the blockchain.