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Ha Noi
3 Level
45 Review
66 Karma

Review on OMG Network by Viet Pham

Revainrating 4 out of 5

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

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