By Prof. Aleksandar Kuzmanovic
Ontology is not only a high performance public blockchain, but also a distributed collaboration platform. Their ONT ID decentralized framework helps users manage their own data and multi-dimensional authentication by global verifiers. ONTO helps users manage their digital assets, while DDFX, a decentralized data exchange, is capable of tokenizing data and providing data traceability and cross-system data processing.
Necessarily, ensuring that the underlying Ontology public blockchain is truly scalable, is a necessary pre-condition that enables all the above services to operate seamlessly. This is where bloXroute comes into play. By deploying a global blockchain distribution network (BDN), bloXroute helps scale blockchains, i.e., it can help increase the transaction per second (TPS) rate, often substantially. bloXroute’s BDN consists of two types of nodes: Relays are high-end servers distributed globally, and gateways, co-located with blockchain nodes, are end-point systems whose main objective is to translate the native blockchain messages to bloXroute’s messages, and vice versa. Currently, bloXroute and Ontology are jointly working on developing a bloXroute gateway for Ontology.
Before explaining how bloXroute helps Ontology blockchain scale, let us first see how the Ontology consensus protocol works.
Ontology’s consensus algorithm — VBFT, combines Proof of Stake (PoS), Verifiable Random Function (VRF), and Byzantine Fault Tolerance (BFT). The Ontology system consists of several networks and entities: (1) The consensus network consists of consensus nodes responsible for consensus on transaction requests within Ontology, block generation, maintaining the blockchain, and distributing consensus blocks to other nodes in the network. (2) The consensus candidate network nodes do not participate in consensus but remain synchronized with the consensus network and updated to the latest consensus block on the blockchain maintained by them in real time. These nodes will also monitor consensus network status, validate consensus blocks, and assist in managing the Ontology network. (3) ...
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OntologyNetwork - Medium