Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Once Popular Coins (Graveyard) => Other Popular Cryptos / Coins => OmiseGO (OMG) Forum => Topic started by: Sherry_mae on June 10, 2018, 12:25:01 PM

Title: How does OmiseGo works?
Post by: Sherry_mae on June 10, 2018, 12:25:01 PM
Please. I just want to gain more knowledge about it.
Title: Re: How does OmiseGo works?
Post by: linkdefeu on June 10, 2018, 04:37:07 PM
Hello.
I don't know but i think you can obtain more information on the white paper :
https://plasma.io/plasma.pdf
Or on the website ?
https://omisego.network
Title: Re: How does OmiseGo works?
Post by: altcoingamer on June 15, 2018, 03:33:06 AM
Quote from: linkdefeu on June 10, 2018, 04:37:07 PM
Hello.
I don't know but i think you can obtain more information on the white paper :
https://plasma.io/plasma.pdf
Or on the website ?
https://omisego.network

Thank you for your link, i spent the last halr hour working through it all, awarding you karma.
Title: Re: How does OmiseGo works?
Post by: kimhoagmail on June 15, 2018, 06:22:53 AM
it's not so popular, right?
Title: Re: How does OmiseGo works?
Post by: Lukasz on July 05, 2018, 07:25:18 PM
I have noticed OMG many a time mentioned however i am not in the know regarding OMG main features and where it stands out of the crowd surpassing competition .... would appricieate some insight .... thankyou
Title: Re: How does OmiseGo works?
Post by: trofim21 on July 07, 2018, 12:38:36 AM
a very promising coin, I missed a chance to buy a coin on a preliminary sale, but I think she has a great future, and I will keep at least two years in my purse
Title: Re: How does OmiseGo works?
Post by: Lukasz on July 07, 2018, 02:22:29 PM
Quote from: trofim21 on July 07, 2018, 12:38:36 AM
a very promising coin, I missed a chance to buy a coin on a preliminary sale, but I think she has a great future, and I will keep at least two years in my purse

well i suppose that is opinion of rather few people the general question is will alternative currencies will gain traction due to volatility issues
many are introducing a stable coin so we will see
Title: Re: How does OmiseGo works?
Post by: CryptoZenWorld on July 10, 2018, 10:45:04 AM
The OmiseGo network is a scaling solution for finance on Ethereum, enabling transparent, peer-to-peer transactions in real-time.

Some benefits from it:

- This network helps to access, manage, and transact with digital assets that are kept securely on chain.

- By building an app with their SDK, enable wallet-to-wallet transactions of crypto and fiat currencies.

- Secure and rapid transaction clearing with the use of Ethereum smart contracts and protocol consensus.

- Plans to provide banking services to be unbanked.


So, this the basic benefits from OMG.
Title: Re: How does OmiseGo works?
Post by: ponin on October 24, 2018, 09:13:40 PM
The OMG design is based on a Proof-of-Stake blockchain that maintains records corresponding to wallets that may represent any number of assets or commodities, from shopper rewards points, to digital currency, to fiat.

The network allows for the matching and trading of orders across these wallets. Order matching is done in conjunction with network validation and recorded to a blockchain.
Title: Re: How does OmiseGo works?
Post by: zarko on October 29, 2018, 03:27:42 PM
OMG / USD was on track in April, bravely rising from lows of $ 8 to test resistance levels at $ 20.00 in a few weeks. OmiseGo rose more than 55% in April, besides, there are various upcoming events in May that can continue to support prices when returning to the top.

Title: Re: How does OmiseGo works?
Post by: aqury on November 04, 2018, 12:05:54 AM
Still, as it involves fairly complex notions, it is hard for the beginner looking for an introduction to find a clear and complete guide: OmiseGO’s website provides all necessary documents, and especially the “white paper”, an in-depth explanation of the whole system, but although being an extremely well thought and precise document, it would be a lie to pretend it’s not a hard read at first sight.
Title: Re: How does OmiseGo works?
Post by: jasaw on November 10, 2018, 10:08:22 PM
OmiseGO is the business building this network, so that we can use it for our business applications, which include making digital wallets interoperable with each other (as u/AlexanderSupersloth explains really well above) and also giving millions of new people access to the existing Omise Payment gateway and network of merchants. However, anyone else can use the OMG network, for any reason they see fit, too.
Title: Re: How does OmiseGo works?
Post by: kent47400 on December 31, 2018, 09:58:11 AM
Quote from: linkdefeu on June 10, 2018, 04:37:07 PM
Hello.
I don't know but i think you can obtain more information on the white paper :
https://plasma.io/plasma.pdf
Or on the website ?
https://omisego.network
This is very helpful for me because in general I don't know how OMISEGO works.
It might be better for beginners to create a bookmarks on the link that has been given by you.

Thanks
Title: How does OmiseGo works
Post by: AvesLAher on September 17, 2019, 10:24:00 PM
I live in Canada, Saskatchewan and we can get some harsh winters. Really wanting to buy a subaru brz but rwd is the only concern for me and excites me at the same time for drifting lol. I currently drive a fwd car and with good tires it handles our winter very well. So i guess my question is, is how do these cars handle harsh winters with a good set of winter tires?

 
. (https://prom-electric.ru/)
Title: How does OmiseGo works
Post by: Angieimmug on October 31, 2019, 05:16:05 PM
Yea still wondering how many rigs it took to make that number. It looks like 6 bigadv rigs all dropped their WUs around the same time...

Cant wait for the next update. Looks like my first bigadv has completed.