Looking back at 2018, the block chain field is experiencing a slump in the bubble after a sharp increase. The bubble accelerated to burst and the market returned to rationality.
We firmly believe that no matter what difficulties we are faced with, they can not defeat the real warriors!
During the period of 2018, we experienced hardships, obstacles and also surprises and comfort.
Before the 2019 Chinese New Year, we will use big data to present a review of ONO throughout 2018.
Product & Operation
January
February
March
April
May
June
July
August
September
October
November
December
ONO chain
In June 2018, near the time of the launch of the EOS Community Mainnet, ONO decided to use EOSIO software as the basis for its own chain, as described in the Whitepaper.
Serious testing of various scaling issues was performed using multiple test chains, including the Jungle testnet and the Kylin testnet, as well as private testnets. These tests included many items, especially a large number of users (ONO beta now has about 4.1M users, while EOS Mainnet is still less than 1M, so we tested up to 10M), storage of large content, such as photos and videos, chain based tracking of all user actions, etc.
From these tests, we determined that neither EOSIO software, nor any other existing public blockchain software, is capable right now to do all the things envisioned for the ONO blockchain in the Whitepaper. For instance, while EOSIO promised before launch to be able to so millions of transactions per second, it seems instead to be limited to an absolute maximum of about 4000 transactions per second.
We do expect that blockchain performce of EOSIO and opthers will continue to improved, and so will continue to design and implement the system with the view to move to such a system as it becomes available and stable.
In the meantime, the initial deployment of the ONOchain will be focussed on token handling and user security.All ONOT transactions in the app will be proxied through the ONO app servers to the ONOChain, where the transactions are recorded and inspectable. Users and exchanges can access ONOChain directly or via the app, or via block explorers.
For the time being, content will continue to be stored locally via traditional methods. Hooks will be added for pointers and hashing,so thath these may be recorded on the ONOChain.
As much as possible, ONOChain will use EOSIO directly. We intend to minimize changes, to ensure that as BlockOne and the Community add enhancements and improvements, we are best able to implement these. All such implementations are recoded on Github (https://github.com/onochat).
Some time after launching and stabilizing the app based tokens on the ONOChain, the Ethereum based erc20 ONOT contracts will be frozen and migrated to ONOChain. This will be done in coordination with all exchanges which handle ONOT.
ONO ecological partners
MiXin-wallet
On 14th December, Nome Group announced deeply strategic cooperation with MiXin-Wallet on the Mixin Network system based on distributed ledger technology. This cooperation was an important assistant to the development of ONO ecosystem strategy, and it also had a positive impact on Mixin's rapid increase in market share.
Candy.one - Early Airdrops
In March 2018, ONO began to cooperate with Candy.one who is the ONO deeply-cooperation partner. Candy.one is the world's largest rewarding mission platform.
QuarkChain-Mainnet
QuarkChain is a blockchain-based underlying technology solution with security, decentralization, high throughput and scalability features. It can achieve transaction processing capability above 100,000 chains per second (100,000+ TPS). ONO and QuarkChain collaborated on the mainnet technology.
Media
ONO has reached deeply strategic cooperation with Coinness and Mars Finance, which plays an important role in message release and diffusion.
Acknowledgement
Community partner
You are the ONO superheroes who worked extremely hard to build the ONO Community.
You take advantage of cohesiveness to connect with group members and keep the community active, creating an orderly ONO discussion environment.
Community volunteer
As the transmitter and guardian of ONO values, you are an indispensable member in ONO ecosystem. There is a wonderful place for content creators because of your persistence. You helped so many people to get their first steps in ONO and guide them in their ONO journey.
The first batch of ONO super partners who have successfully retired
You are the pioneer and maintainer of ONO values by communicating internally and coordinating externally.
You have established and managed a distinct community, and you insisted on spreading ONO trends and values to all members.
Community VP
You are the witness of ONO and the believer of ONOT.
You have witnessed the development of ONO in 2018 and also led more investors to correctly understand the value of ONOT's ecosystem investment.
Thanks to all ONOers who care about and support ONO in 2018!
Thank you for your effort and contribution to ONO.
In 2019, ONO expects to create great things with you.
ONO wishes all of you good health.
ONO wishes all of you a happy family.
2019, Create The world.
Nome Group
29th Jan 2019
