OmiseGo
| Last updated | just now |
| Price per OMG in USD | $ |
| Price per OMG in Bitcoin | |
| Volume over the last 24 hours | $ 0 |
| Market cap in USD | $ 0 |
| Change in % over the last hour | |
| Change in % over the last 24 hours | |
| Change in % over the last 7 days |
OMG specifications
| Name | OmiseGo |
| Symbol | OMG |
| Minable | No |
| Algorithm | N/A |
| Prooftype | PoS |
Coin description
OmiseGo (OMG) is a decentralized finance (DeFi) platform that aims to enable seamless financial transactions across different currencies and blockchains. It operates on the Ethereum network and uses a proof-of-stake (PoS) consensus mechanism through its Plasma architecture. OmiseGo's focus is on creating an open, decentralized exchange that supports both fiat and cryptocurrencies.
OmiseGo Decentralized Exchange
OmiseGo's Plasma architecture ensures high scalability and security, making it suitable for handling large volumes of transactions. Its decentralized exchange allows users to trade assets without intermediaries, reducing costs and increasing transparency. Additionally, OmiseGo's wallet SDK enables developers to create customized wallets that support multi-currency transactions, further enhancing usability.
One of OmiseGo's most ambitious goals is to provide financial inclusion for unbanked populations by enabling peer-to-peer transactions and remittances. Its partnership with companies like Alipay highlights its potential to bridge traditional finance with blockchain technology. Keywords like OmiseGo DeFi and Plasma scalability are closely associated with this project.