Ontology (ONT) is a distributed smart contract platform consistent of: Core Ledger, smart contract system, and security system. The Ontology “multi-chain” architecture establishes a trust framework for interoperability between blockchains. At a high level, Ontology is an intimately stacked ecosystem of software which provide the foundational cryptographic primitives needed for the existence of a value network.
Implementing a novel approach to consensus mechanisms by combining principles found in (PoS) Proof-of-Stake + (BFT) Byzantine Fault Tolerance + (VRF) Verifiable Random Functions; Ontology provides a substantially more robust operational efficiency.
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Verified Byzantine Fault Tolerance