Review on OMG Network by Viet Pham
The salient features of the OmiseGO project
OmiseGO is a subsidiary of Omise - specializing in providing online payment solutions and services in Southeast Asia.
The two goals that Omise is focusing on are:
OMG Money Gateway - an expansion solution for Ethereum focusing on currency payments, transactions and currency conversion activities between Crypto-Fiat.
Developing OMG Open-resource, providing white label SDK for Omise's payment service businesses in OMG's network
Pros
- OMG uses PoS consensus mechanism instead of PoW consensus mechanism, miners will save mining costs.
- OMG has been listed on most major exchanges like Binance, Huobi.
- High trading volume and high liquidity help investors feel secure
- Using OmiseGO's network (OMG), users can access, manage and trade digital assets safely and securely on the Blockchain network.
Cons
- OMG delivery fee is quite high of 0.54OMG, I have not seen the project of its own community development interest
