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Review on OMG Network by le bun
OmiseGO (OMG) is a network built on the Ethereum platform with a proof ofβ¦
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.
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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.
