Crypto Analysis Market

Ontology (ONT) and Tezos (XTZ) Marking Highest Gains: About the Coins

In just a couple of hours, the pair ONT/USD made it above the major $0.6000 level jumping from $0.5666 to $0.6218 counting 10.60% gain in the last 24-hours.

Ontology

Source: coinmarketcap

Among the top-25 coins by market capitalization Ontology’s blockchain token is marking the highest increase for the day [February 15th , 2019]. In a few days the network has its anniversary as it launched in February 26th 2018 with a total supply of of 1,000,000,000 ONT. The team behind Ontology, made its v0.8 pre-release of the MainNet on May 17, 2018.

  • Proof of Stake (POS) native contract, 
  • Chain environment native contract, 
  • ONTID native contract, 
  • Update the Verifiable Byzantine Fault Tolerance (VBFT) protocol to new version, 
  • Virtual Machine (VM) fee calculation model, 
  • Command line interface (CLI) configuration and transaction creation support,
  • Network optimization,
  • Smart contract execution and permission control module.

Trading ONT

Following up Ontology, higher-up on the rank Tezos‘ XTZ is changing hands with the US Dollar at the $0.4315 level increasing 8.08% only in the last 24-hours recovering above the price-lost experiencing the past few days.

XTZ

During one of the most successful and largest ICOs ever held – Tezos Foundation raised over $232 mil bringing a new cryptocurrency in the market. During a contact made by Reuters to the president of the foundation it was confirmed that its MainNet was set to launch on the 14th of Sep, 2018.

READ: More news on altcoin

What is Tezos (XTZ)?
Tezos is a decentralized computing platform for Turing-complete smart contracts. Tezos has three key features. (1) “Liquid Proof-of-Stake” consensus – there is a relatively low barrier to consensus participation and delegation is not required. (2) Smart contract verification – Tezos invented the Michelson programming language that allows formal proofs of contract properties for better contract security. (3) On-chain governance – all aspects of governance are contained in the platform: voting on proposed protocol upgrades, paying developers and implementing the upgrades. – Via Kraken’s blog post – Kraken Listing XTZ Blog Post

Ethereum’s ETH and BTC are standing on the same path of today’s crypto-market performance while now stepped-down third largest coin by market capitalization XRP is battling the bears as its weekly declining trend is seeing no stop.

Ontology (ONT) and Tezos (XTZ) Marking Highest Gains: About the Coins

cryptohero8
I am a believer of the HODL philosophy because we are still in the nascent stage of blockchain technology. Although we are in a bear market now, my outlook on the adoption and growth of blockchain solutions remains unchanged. Blockchain transactions has been growing exponentially and demand for cryptocurrency like Bitcoin [BTC], Ethereum [ETH], Ripple [XRP], Litecoin [LTC] and other Altcoins will only continue to grow exponentially in the next five to ten years.