Header banner
Revain logoHome Page
Vo Thu photo
1 Level
16 Review
58 Karma

Review on OMG Network by Vo Thu

Revainrating 5 out of 5

This is a digital wallet that you can use on your phone or desktop and the…

This is a digital wallet that you can use on your phone or desktop and the rest of the world to easily switch to block technology. Its purpose was to be able to legally manage credit cards because it is fully compatible with PCI standards while Omisego can be described as the blockchain version of omise.

ο»Ώ

Pros
  • 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. I believe they should be taken seriously.
Cons
  • OMG will face some challenged while its adopted within some country, as the regulations varieties adopted. However, they need Plasma to be functional, in order to have a fully functioning product. It is to Ethereum to what the Lightning Network is to Bitcoin.

Similar reviews