Review on OMG Network by sami hanim
omisego blockchain
OmiseGO is a decentralized, public and open source platform for transactions with Ethereum.
Its motto is Unbank the Banked. The implication of this sentence is, in fact, to provide better financial services and services to people living in developing countries, and to eliminate traditional methods of transaction through banks. The OMG is the fourth active currency in the market cap for ethereum and also the first ethereum project to reach the value of one billion dollars.
The project was supported by two owners ethereum, and was engineered by Lightning Network and Plasma.
OMG holders obtain tokens to validate transactions through a Proof of Stock (PoS) model.
OMG's digital currency wallet application also includes omisego tokens, which are an important part of the process of verifying the validity of blocks and adding them to the blockchain. By purchasing OMG tokens, you get the right to confirm the blocks.
Pros
- Powerful supporters in the blockchain field
Cons
- no comment
