Review on OMG Network by adem usta
OMG Network Review
OMG Network is similar in structure and target to Ripple, the third largest cryptocurrency by total market cap. The aim of both projects is known as making money transfers and payments decentralized, fast and secure. Accordingly, it is aimed to eliminate banks and traditional financial systems, which are among the first things that come to mind when it comes to money transfer. In other words, OMG Network can be defined as the bank or money transfer network of the decentralized crypto money industry. In addition, it is known that OMG aims to overcome scalability, one of the biggest problems of money transfer-oriented crypto money projects. OMG, which has the Proof of Stake consensus protocol, has been able to turn this to its advantage with its two different layers.
Pros
- Easy to buy from exchanges
- Ethereum based protocol
Cons
- Moving ripples
