The essay aims at the achievement of a proper understanding of buddhist reality based on the buddha's original enlightenment. it expands on the three aspects:the locus of reality,its nature and function,and its implication. this reality is a dynamic and open ontology,one that focuses on the momentary nature of ordinary experience. it is a unique ontology which finally affirms the universal nature of the doctrine of emptiness which, in turn,opens up new directions in both ideological and cultural pursuits.