Header banner
Revain logoHome Page
le bun photo
1 Level
6 Review
5 Karma

Review on OMG Network by le bun

Revainrating 4 out of 5

OmiseGO (OMG) is a network built on the Ethereum platform with a proof of…

OmiseGO (OMG) is a network built on the Ethereum platform with a proof of stake algorithm that provides the infrastructure to facilitate the processing of distributed payments from e-wallet operators. like Alipay and Venmo.

ο»Ώ

Pros
  • Omise will offer OMG Token (OmiseGo), which allows users to own a token to validate valid transactions on a special Proof-of-Stake (PoS) network: The decentralization of Blockchain, the consensus rules, allows for deep interaction with most other Blockchain, including Bitcoin and Ethereum, while enhancing economic security.
Cons
  • They have yet to publish a white paper detailing their proprietary technology. The available documentation is a high-level summary of OmiseGO technology without detailed technical explanations of how technology will work in practice.

Similar reviews