what is the block time of ontology cryptocurrency

Last Updated on February 21, 2023 by Paganoto

Ontology (ONT): An Enterprise Blockchain Solution – Gemini

Ontology (ONT): An Enterprise Blockchain Solution – Gemini

Each block takes 1 – 30 seconds to process, which means that each staking round can range from 16 hours to 20 days. Users who stake ONT coins also earn staking rewards, thereby allowing them not only to play a role in steering Ontology's decision making, but also to benefit from their involvement in the project.

Staking Ontology (ONT) FAQs – Exodus Support

Staking Ontology (ONT) FAQs – Exodus Support

This is part of the Ontology staking model. Each block on average takes between 1 second and 30 seconds to confirm and is subject to change due to network …

Everything You Need to Know about Ontology Coin (ONT)

Everything You Need to Know about Ontology Coin (ONT)

Ontology Coin (ONT) is the cryptocurrency that powers Ontology, a high performance blockchain that focuses on solving issues related to identity security …

What is Ontology (ONT) Coin? A Guide for Beginners (2022)

What is Ontology (ONT) Coin? A Guide for Beginners (2022)

The reward period is called a consensus round. It is simply the time period needed to create a certain amount of blocks in Ontology blockchain.

Ontology: Staking 101 – Medium

Ontology: Staking 101 – Medium

Staking is managed in terms of rounds, which are comprised of 60,000 blocks each (previously 120,000). Each block can range from 1 second to 30 seconds, which …

Ontology Price Prediction for 2022 to 2026 – CryptoNewsZ

Ontology Price Prediction for 2022 to 2026 – CryptoNewsZ

Currently, the coin is trading at $0.6969 with a 24 hours trading volume of $119,125,992. The entire crypto market is booming, and the same is seen for ONT in …

Ontology Price | ONT Price Charts, History, Analysis

Ontology Price | ONT Price Charts, History, Analysis

Find out the Ontology value from the top cryptocurrency exchanges: Binance, Bitfinex, Bitstamp, Coinbase, HitBTC, Kraken, Okex. Select the checkbox to compare …

Ontology Price Prediction 2022-2031: Token Swap all Clear?

Ontology Price Prediction 2022-2031: Token Swap all Clear?

The ONG coin is a special token that’s produced every time an Ontology block is confirmed. It’s primarily used to pay for Ontology transaction fees.

What is Ontology? – Anycoin Direct

What is Ontology? – Anycoin Direct

Specifications of Ontology ; Maximum supply, 1000000000 ; Average Block Time, 15 seconds ; Mining / Staking reward, 3% yearly ; Average blocksize, 1.4 Kb ; Next …

Ontology (ONT) | DYOR Crypto Wiki – Fandom

Ontology (ONT) | DYOR Crypto Wiki – Fandom

Ontology does not feature fixed block times, as suggested above. Block submission times vary according to the status of the network and can range from 1-30 …