{"id":10331,"date":"2023-03-06T21:09:00","date_gmt":"2023-03-06T21:09:00","guid":{"rendered":"https:\/\/www.bitnovo.com\/blog\/?p=10331"},"modified":"2022-05-17T04:30:01","modified_gmt":"2022-05-17T04:30:01","slug":"all-about-ontologygas-ong","status":"publish","type":"post","link":"https:\/\/www.bitnovo.com\/blog\/en\/all-about-ontologygas-ong","title":{"rendered":"All about OntologyGas (ONG)"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-transparent ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Alternar tabla de contenidos\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #ffffff;color:#ffffff\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #ffffff;color:#ffffff\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.bitnovo.com\/blog\/en\/all-about-ontologygas-ong\/#ong_history\" >ONG\u00a0History<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.bitnovo.com\/blog\/en\/all-about-ontologygas-ong\/#how_does_ontology_gas_work\" >How does Ontology Gas work?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.bitnovo.com\/blog\/en\/all-about-ontologygas-ong\/#ong_wallets\" >ONG\u00a0Wallets<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.bitnovo.com\/blog\/en\/all-about-ontologygas-ong\/#buy_ong\" >Buy ONG<\/a><\/li><\/ul><\/nav><\/div>\n<span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Tiempo de lectura:<\/span> <span class=\"rt-time\"> 2<\/span> <span class=\"rt-label rt-postfix\">minutos<\/span><\/span><p>Ontology Gas (ONG)\u00a0<strong>is one of the two tokens<\/strong>\u00a0that belong to the dual model (dual token) used by Ontology. It is generated after\u00a0<strong>storing Ontology (ONT)<\/strong>\u00a0in a wallet or exchange. This token is usually used as a\u00a0<strong>utility token<\/strong>\u00a0for services in the\u00a0<strong>Ontology blockchain.<\/strong><\/p>\n<div class=\"is-divider divider clearfix\"><\/div>\n<div class=\"is-divider divider clearfix\"><\/div>\n<h2><span class=\"ez-toc-section\" id=\"ong_history\"><\/span><b>ONG\u00a0<\/b><b>History<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The platform was created in 2017 by the Chinese company OnChain. The project was carried out with the developers Erik Zhang, Jun Li and Da HongFei at the head. The same company founded the\u00a0<strong>NEO blockchain.<\/strong><\/p>\n<p>The main objective of the project was to enable companies to install the blockchain\u00a0<strong>without making major changes<\/strong>\u00a0to its operation. This would\u00a0<strong>simplify the blockchain integration process<\/strong>\u00a0and make it affordable for everyone.<\/p>\n<p>This was one of the few platforms that\u00a0<strong>did not launch an ICO<\/strong>\u00a0(Initial Offer of Crypt Coins) to develop the project. Instead,\u00a0<strong>ONT were given<\/strong>\u00a0to all NEO holders.<\/p>\n<p>After the launch of Ontology, a new crypto,\u00a0<strong>ONG<\/strong>, was introduced. Its creation was intended to r<strong>eward users<\/strong>\u00a0who contribute to the operation of the platform.<\/p>\n<div class=\"is-divider divider clearfix\"><\/div>\n<div class=\"is-divider divider clearfix\"><\/div>\n<h2><span class=\"ez-toc-section\" id=\"how_does_ontology_gas_work\"><\/span><b>How does Ontology Gas work?<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Once\u00a0<strong>Ontology MainNet<\/strong>\u00a0is launched, MainNet ONT periodically launches ONG. The main function of this token is the rewards and\u00a0<strong>motivation<\/strong>\u00a0of the platform users, although it also acts as a chain currency.<\/p>\n<p>The operation of ONG starts with\u00a0<strong>storing and owning<\/strong>\u00a0ONT, since the more ONT tokens we have in the wallet the more reward we will receive in ONG. When we\u00a0<strong>hold<\/strong>\u00a0an official ONT wallet, we will receive the reward at a certain time<strong>\u00a0each day.<\/strong>\u00a0On the other hand, if the coins are stored in exchange houses, the process will be monthly.<\/p>\n<p>ONG is basically the reward\u00a0<strong>for the users\u2019 work<\/strong>. When a company brings a\u00a0<strong>new blockchain<\/strong>\u00a0to the platform, Ontology rewards it in the form of an ONG, encouraging users to continue collaborating.<\/p>\n<p>The platform accepts both\u00a0<strong>private and public blockchains<\/strong>. This platform\u00a0<strong>has three fundamental protocols<\/strong>\u00a0for its operation. These are\u00a0<strong>ONT ID<\/strong>\u00a0with\u00a0<strong>the digital identity<\/strong>, the second process is\u00a0<strong>ONT Data<\/strong>, a process in charge of data exchange and smart contract management. Finally,\u00a0<strong>ONT Scores<\/strong>\u00a0is the process in charge of\u00a0<strong>credit evaluation<\/strong>\u00a0and logistics.<\/p>\n<div class=\"is-divider divider clearfix\"><\/div>\n<div class=\"is-divider divider clearfix\"><\/div>\n<h2><span class=\"ez-toc-section\" id=\"ong_wallets\"><\/span><b>ONG\u00a0<\/b><b>Wallets<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>If you decide to buy ONG you will need a\u00a0<strong>wallet<\/strong>\u00a0to store this crypto currency. Among the most recommended wallet options are the\u00a0<strong>hardware wallet<\/strong>\u00a0Ledger Nano and the\u00a0<strong>physical wallet<\/strong>\u00a0Trezor Model X.<\/p>\n<div id=\"image_1007684518\" class=\"img has-hover x md-x lg-x y md-y lg-y\">\n<div class=\"img-inner dark\"><img fetchpriority=\"high\" decoding=\"async\" class=\"attachment-large size-large lazyloaded\" src=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2020\/12\/ONG-wallet-1024x701.jpg\" sizes=\"(max-width: 1020px) 100vw, 1020px\" srcset=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2020\/12\/ONG-wallet-1024x701.jpg 1024w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2020\/12\/ONG-wallet-300x206.jpg 300w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2020\/12\/ONG-wallet-768x526.jpg 768w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2020\/12\/ONG-wallet-1536x1052.jpg 1536w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2020\/12\/ONG-wallet-2048x1403.jpg 2048w\" alt=\"que es ontology gas Bitnovo\" width=\"1020\" height=\"698\" data-srcset=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2020\/12\/ONG-wallet-1024x701.jpg 1024w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2020\/12\/ONG-wallet-300x206.jpg 300w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2020\/12\/ONG-wallet-768x526.jpg 768w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2020\/12\/ONG-wallet-1536x1052.jpg 1536w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2020\/12\/ONG-wallet-2048x1403.jpg 2048w\" data-src=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2020\/12\/ONG-wallet-1024x701.jpg\" data-sizes=\"(max-width: 1020px) 100vw, 1020px\" \/><\/div>\n<\/div>\n<div class=\"is-divider divider clearfix\"><\/div>\n<div class=\"is-divider divider clearfix\"><\/div>\n<h2><span class=\"ez-toc-section\" id=\"buy_ong\"><\/span><b>Buy ONG<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>If you want to know how to\u00a0<a href=\"https:\/\/www.bitnovo.com\/buy-ong-online-en\">buy ONG<\/a>\u00a0or where to do it, of course we will recommend you to buy ONG in\u00a0<strong>Bitnovo<\/strong>. And this is not simply because we are inside the brand\u2019s blog, but because Bitnovo is really a\u00a0<strong>fast and safe<\/strong>\u00a0way to do it.<\/p>\n<p>Our goal as a company is to make it possible for a person who just entered the crypto world to buy any crypto currency i<strong>n a matter of minutes<\/strong>, without experiencing the problems that most crypt exchanges have.<\/p>\n<div id=\"image_280077014\" class=\"img has-hover x md-x lg-x y md-y lg-y\">\n<div class=\"img-inner dark\"><img decoding=\"async\" class=\"attachment-large size-large lazyloaded\" src=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2020\/12\/shop-cell-ong-1024x701.jpg\" sizes=\"(max-width: 1020px) 100vw, 1020px\" srcset=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2020\/12\/shop-cell-ong-1024x701.jpg 1024w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2020\/12\/shop-cell-ong-300x206.jpg 300w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2020\/12\/shop-cell-ong-768x526.jpg 768w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2020\/12\/shop-cell-ong-1536x1052.jpg 1536w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2020\/12\/shop-cell-ong-2048x1403.jpg 2048w\" alt=\"que es ontology gas Bitnovo\" width=\"1020\" height=\"698\" data-srcset=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2020\/12\/shop-cell-ong-1024x701.jpg 1024w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2020\/12\/shop-cell-ong-300x206.jpg 300w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2020\/12\/shop-cell-ong-768x526.jpg 768w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2020\/12\/shop-cell-ong-1536x1052.jpg 1536w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2020\/12\/shop-cell-ong-2048x1403.jpg 2048w\" data-src=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2020\/12\/shop-cell-ong-1024x701.jpg\" data-sizes=\"(max-width: 1020px) 100vw, 1020px\" \/><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p><span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Tiempo de lectura:<\/span> <span class=\"rt-time\"> 2<\/span> <span class=\"rt-label rt-postfix\">minutos<\/span><\/span>Ontology Gas (ONG)\u00a0is one of the two tokens\u00a0that belong to the dual model (dual token) used by Ontology. It is generated after\u00a0storing Ontology (ONT)\u00a0in a wallet or exchange. This token is usually used as a\u00a0utility token\u00a0for services in the\u00a0Ontology blockchain. ONG\u00a0History The platform was created in 2017 by the Chinese company OnChain. The project was [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":8368,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-10331","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-criptomonedas"],"_links":{"self":[{"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/posts\/10331","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/comments?post=10331"}],"version-history":[{"count":0,"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/posts\/10331\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/media\/8368"}],"wp:attachment":[{"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/media?parent=10331"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/categories?post=10331"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/tags?post=10331"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}