Ontology Gas Price

Ontology is a new generation of public basic chain projects & distributed trust collaboration platform. Ontology provides a new generation of high-performance basic public chains, including complete distributed ledgers and smart contract system support. At the same time, the Ontology architecture supports the public chain network system. In addition to providing basic public chain services, the Ontology blockchain framework supports the customization of public chains for different applications, and supports chain network collaboration through different protocol groups. On top of the base layer, Ontology will continue to provide common modules in various distributed applications, such as distributed identity frameworks, distributed data exchange protocols, etc. to support distributed trust collaboration components, and will continue to expand new general-purpose modules according to application requirements. module.

ONG (Ontology Gas) is the second utility token of the Ontology Network, representing the right to use the Ontology Network. The operation of Ontology requires the support of various nodes. Ontology guarantees the stability and security of the network by paying the operating fees of various nodes, ONG, which is the compensation for the network contribution.