Hi All,
been looking into Ethereum's scaling solutions, and I ran into OMG.
It sounds like OMG is just a Proof of Stake validation network, that doesn't have a native currency. So it can be a validating network for any currency ontop of it, so long as it can be tokenized. And then OMG token holders validate transactions proportionally to how much staked OMG they have.
The fact that it is currency agnostic is kind of cool. And they advertise 1 Million+ transactions per second, but I have no idea how they came up with that number.
Anyone have any thoughts on OMG, pros/cons?
One of the developers, Joseph Poon, wrote the whitepaper for the bitcoin lightning network, so i think hes at least credible.
Topic: OmiseGO: A publicly available Clearing House? (Read 87 times)
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