Be a crypto hero in the market by logging in

Don't you have an account? Sign in

Token price

  • BTC

    10,694,594.6KRW

    0.4%

  • ETH

    275,641.0KRW

    2.2%

  • XRP

    289.0KRW

    2.0%

  • BCH

    389,542.4KRW

    -1.2%

  • USDT

    1,218.8KRW

    0.4%

  • BSV

    272,567.0KRW

    -2.3%

  • EOS

    4,362.3KRW

    0.1%

  • BNB

    23,148.6KRW

    2.7%

  • LTC

    54,759.1KRW

    -0.5%

  • XTZ

    3,391.2KRW

    -0.9%

  • ADA

    59.8KRW

    -0.6%

  • XMR

    85,184.2KRW

    0.8%

  • XLM

    72.6KRW

    1.6%

  • TRX

    20.5KRW

    0.5%

  • HT

    5,150.0KRW

    0.7%

  • ETC

    9,300.4KRW

    -0.3%

  • DASH

    108,332.0KRW

    6.1%

  • NEO

    13,654.9KRW

    2.2%

  • HEDG

    3,152.5KRW

    0.2%

  • ATOM

    4,393.5KRW

    0.6%

  • MKR

    713,132.1KRW

    8.7%

  • ZEC

    62,837.0KRW

    -0.5%

  • XEM

    61.6KRW

    6.9%

  • ONT

    847.2KRW

    2.0%

  • USDC

    1,217.6KRW

    0.2%

  • BAT

    267.0KRW

    -0.2%

  • VET

    6.9KRW

    2.3%

  • DOGE

    2.8KRW

    -0.0%

  • ALGO

    447.1KRW

    -0.5%

  • PAX

    1,216.4KRW

    0.1%

  • QTUM

    2,535.5KRW

    -0.7%

  • DCR

    21,722.4KRW

    -1.0%

  • INB

    648.6KRW

    4.4%

  • LSK

    1,643.6KRW

    1.1%

  • ICX

    375.9KRW

    4.7%

  • ZRX

    297.6KRW

    5.1%

  • RVN

    32.0KRW

    2.1%

  • BTG

    10,009.1KRW

    1.2%

  • TUSD

    1,216.2KRW

    0.2%

  • LINK

    485.1KRW

    2.0%

  • REP

    14,014.4KRW

    3.4%

  • OMG

    1,081.6KRW

    2.2%

  • XIN

    310,702.2KRW

    -1.2%

  • XIN

    310,702.2KRW

    -1.2%

  • WAVES

    1,411.6KRW

    0.4%

  • HBAR

    43.1KRW

    6.9%

  • BCD

    749.5KRW

    -2.9%

  • MONA

    1,967.4KRW

    -0.0%

  • CNX

    2,315.0KRW

    0.7%

  • THETA

    146.4KRW

    4.5%

  • NANO

    947.3KRW

    1.6%

  • SC

    2.9KRW

    6.2%

  • KCS

    1,452.5KRW

    2.5%

  • BCN

    0.6KRW

    15.6%

  • NEXO

    188.1KRW

    0.4%

  • ENJ

    126.0KRW

    8.0%

  • VSYS

    51.1KRW

    0.8%

  • BTM

    95.3KRW

    -0.8%

  • BTM

    95.3KRW

    -0.8%

  • MCO

    5,983.5KRW

    -1.4%

  • DGB

    7.3KRW

    1.1%

  • KMD

    739.2KRW

    3.8%

  • HC

    1,886.4KRW

    -1.4%

  • BTS

    30.3KRW

    3.6%

  • SXP

    1,284.8KRW

    20.9%

  • STEEM

    210.8KRW

    7.6%

  • IOST

    6.3KRW

    2.9%

  • XVG

    4.7KRW

    3.5%

  • AION

    190.0KRW

    -8.3%

  • ZIL

    7.4KRW

    3.6%

  • GNT

    70.2KRW

    6.2%

  • ABBC

    114.5KRW

    -5.0%

  • AE

    207.9KRW

    2.5%

  • SNT

    17.9KRW

    1.5%

  • XZC

    6,490.5KRW

    4.1%

  • ARDR

    59.6KRW

    2.6%

  • MATIC

    23.3KRW

    4.9%

  • WAX

    55.9KRW

    10.3%

  • ELF

    104.0KRW

    6.6%

  • RIF

    95.6KRW

    -0.1%

  • MANA

    49.8KRW

    2.6%

  • QNT

    4,315.7KRW

    0.8%

  • NPXS

    0.2KRW

    2.3%

  • MAID

    107.8KRW

    2.7%

  • LRC

    47.4KRW

    11.5%

  • POWR

    106.9KRW

    6.0%

  • ETN

    4.5KRW

    -0.9%

  • STRAT

    441.9KRW

    1.8%

  • TOMO

    620.1KRW

    3.0%

  • GRIN

    1,208.4KRW

    0.4%

  • ELA

    2,340.2KRW

    -3.8%

  • ANT

    1,251.8KRW

    4.9%

  • BEAM

    714.4KRW

    -1.3%

  • WTC

    528.4KRW

    6.7%

  • ARK

    277.0KRW

    17.3%

  • ORBS

    15.9KRW

    4.9%

  • PAI

    22.0KRW

    -8.5%

  • PAI

    22.0KRW

    -8.5%

  • TRUE

    387.3KRW

    0.5%

  • WAN

    285.0KRW

    0.3%

  • NAS

    536.4KRW

    1.2%

  • RDD

    1.0KRW

    -6.9%

  • FCT

    3,121.2KRW

    17.0%

  • FET

    40.1KRW

    1.0%

  • DAI

    1,219.5KRW

    -0.3%

  • LOOM

    26.5KRW

    18.6%

  • PPT

    466.5KRW

    2.6%

  • OCEAN

    70.5KRW

    9.9%

  • CTXC

    93.7KRW

    1.0%

  • BNT

    338.8KRW

    3.0%

  • PIVX

    410.7KRW

    2.8%

  • CVC

    32.3KRW

    13.0%

  • LAMB

    32.6KRW

    4.9%

  • R

    39.2KRW

    0.1%

  • DENT

    0.2KRW

    1.6%

  • BORA

    24.9KRW

    -27.6%

  • TTC

    41.1KRW

    14.9%

  • POLY

    33.3KRW

    36.4%

  • FTM

    8.6KRW

    -0.0%

  • ABT

    146.9KRW

    -1.2%

  • CET

    15.9KRW

    -0.2%

  • MOAC

    223.4KRW

    -2.4%

  • AOA

    2.1KRW

    4.2%

  • ODE

    59.8KRW

    -0.9%

  • MBL

    2.6KRW

    9.2%

  • AERGO

    43.0KRW

    11.8%

  • COSM

    15.6KRW

    19.0%

  • MOC

    28.8KRW

    24.5%

  • PAY

    57.5KRW

    5.7%

  • SOC

    5.0KRW

    1.7%

  • BCV

    8.0KRW

    -8.0%

  • CPT

    2.3KRW

    2.8%

  • GTO

    11.2KRW

    13.8%

  • REPO

    65.4KRW

    1.8%

  • FLETA

    8.6KRW

    -1.2%

  • UPP

    18.4KRW

    31.6%

  • FNB

    2.7KRW

    6.5%

  • SYM

    83.9KRW

    -10.8%

  • PRO

    107.8KRW

    3.3%

  • EOSC

    5.4KRW

    19.7%

  • LKY

    103.3KRW

    0.0%

  • ELAC

    7.7KRW

    0.7%

  • RFR

    1.1KRW

    9.9%

  • GUSD

    1,213.1KRW

    -0.3%

  • VRA

    1.2KRW

    4.9%

  • AMO

    0.3KRW

    -2.8%

  • RBG

    1.2KRW

    1.4%

  • ADT

    4.9KRW

    -7.6%

  • HUM

    7.7KRW

    -4.9%

  • BAAS

    0.7KRW

    -2.0%

  • APIX

    0.5KRW

    -0.4%

  • LYM

    3.3KRW

    4.1%

  • DCC

    0.9KRW

    0.0%

  • AKRO

    2.8KRW

    5.5%

  • MVL

    0.3KRW

    -3.7%

  • eDEL

    2.4KRW

    -0.7%

  • XST

    67.2KRW

    2.3%

  • BWX

    47.8KRW

    2.3%

  • CLR

    13.6KRW

    -6.3%

  • RBTC

    10,548,438.4KRW

    2.7%

  • UBEX

    0.5KRW

    1.5%

  • YEED

    0.3KRW

    -4.2%

  • AIDUS

    3.2KRW

    7.5%

  • TEMCO

    0.4KRW

    1.1%

  • ABL

    5.3KRW

    4.1%

  • FREE

    0.0KRW

    32.2%

  • MEETONE

    0.6KRW

    10.8%

  • QDAO

    16,854.2KRW

    4.1%

  • ISR

    4.8KRW

    6.8%

  • XRA

    9.7KRW

    0.9%

  • PXL

    25.4KRW

    12.5%

  • CLB

    1.8KRW

    1.0%

  • ZPR

    0.7KRW

    -10.4%

  • WET

    5.1KRW

    5.7%

  • PTON

    0.1KRW

    -8.7%

  • HORUS

    0.9KRW

    -11.6%

  • AMON

    1.1KRW

    -47.2%

  • INS

    1,312.1KRW

    -0.1%

  • BBC

    1.0KRW

    -1.7%

  • NEWS

    1.5KRW

    -1.2%

  • SEAL

    0.7KRW

    -14.9%

  • WIKEN

    1.2KRW

    -14.5%

  • PUB

    0.2KRW

    0.5%

  • NPER

    3.5KRW

    0.0%

  • STAR

    1.1KRW

    13.3%

  • KARMA

    0.0KRW

    0.4%

  • PUT

    2.9KRW

    3.5%

  • CCH

    0.0KRW

    -20.0%

  • KNT

    0.0KRW

    7.4%

  • IQ

    6.6KRW

    -3.1%

  • BLACK

    12.8KRW

    0.0%

  • RCD

    3.0KRW

    --%

  • MCC

    0.8KRW

    0.0%

  • INC

    0.1KRW

    -35.7%

  • BZKY

    0.0KRW

    0.0%

  • CRE

    1.2KRW

    1.2%

Community

Scaling Ontology with bloXroute

Ontology | 02.14| 8

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) The synchronous network nodes verify transactions received from the end users, and send them to the consensus nodes. Typically, an end-user (e.g., a dApp) will install and communicate to a local synchronous node. Necessarily, synchronous nodes also receive blocks generated by the consensus network.

So how does bloXroute help Ontology?

  1. When evaluating blockchain scalability properties, often times it is assumed that consensus nodes have access to all the transactions, and then the throughput and performance among the consensus nodes is evaluated. However, in reality, transactions first need to be distributed to the consensus nodes, and this needs to be done sustainably, and at a high TPS rate. This is precisely what bloXroute does, i.e., keeping consensus nodes synced even in light of a dynamic transactions’ traffic matrix.
  2. While distributing transactions to consensus nodes, bloXroute actively indexes them, i.e., assigns them short identifiers (SIDs). Thus, by keeping all the consensus nodes in sync and by utilizing SIDs when transmitting blocks, bloXroute makes it possible to significantly reduce the block size.
  3. Reducing the block size enables swift block distribution, but more importantly, with bloXroute it becomes possible to generate very large blocks, thus directly impacting the Ontology scaling properties.
  4. Another important effect of an efficient and scalable network layer is not just the block size increase. In addition, the Ontology network itself can become bigger, hence more decentralized. This means that safely spinning up more consensus and sync nodes becomes possible.
  5. The transaction incast problem is another common problem that bloXroute helps resolve. In particular, given that sync nodes can send transactions to multiple consensus nodes, it becomes possible that the same transactions may be redundantly distributed among consensus nodes, which becomes problematic at high TPS rates. By effectively broadcasting transactions among Ontology nodes, and by suppressing redundant transaction distribution, bloXroute can help fundamentally alleviate this problem.
  6. Last but not least, the number of connections open at consensus nodes can become high, when a large number of sync nodes connect to it. This can limit the performance, because significant resources can be spent at a consensus node in managing a large number of connections. However, limiting the number of connections that a consensus node can have also reduces the performance, because transaction travel longer within the p2p network. bloXroute helps here by providing a broadcast layer that makes it possible to swiftly propagate transactions and blocks, yet without requiring many connections to the BDN.

In summary, Ontology and bloXroute are working together on developing bloXroute/Ontology gateway. Once developed, it will be made available to the Ontology community, providing a direct access to the bloXroute’s BDN. This will ensure that Ontology’s blockchain is efficient, scalable, and decentralized, ready to absorb a traffic surge that will inevitably come from its numerous applications.


Scaling Ontology with bloXroute was originally published in OntologyNetwork on Medium, where people are continuing the conversation by highlighting and responding to this story.

Comment 0

delete

Are you sure you want to delete this post?