Let's get to know OMG Network✨

Let's get to know OMG Network✨

🔸What is OMG Network?

OMG Network is an online payment service without intermediaries. shorten the transaction time and reduce fees both in international and various forms of exchange

The OMG Token used in the OMG Network uses the ERC-20 standard, whereby the holder of this token has the right to mine and earn Stake Tokens on the platform.

🔸So what are the objectives of OMG Network?

OMG Network aims to connect between Decentralized Currency and Fiat Currency and also provides users with easier access to transactions. Reduce transaction time And there are low fees because OMG Network uses a Peer to Peer system.

🔸 Advantages of OMG Network

1) OMG Network Blockchain will integrate decentralized exchanges into the system, enabling trading on the exchange of other assets and currencies because it uses the Proof of Stake (POS) system to support various digital assets on the exchange. Coin holders can check on the Blockchain.

2) OMG Network makes Ethereum processing faster and more secure because OMG Network uses Plasma Architecture technology to help.

3) OMG Network works with other Blockchain and works with Collateralization Fiat Token allows coins to be transferred between wallets.

🔸 Disadvantages of OMG Network

1) OMG Network can only be used via Ethereum Wallet login. it cannot be recovered.

2) If a bug is found during the transaction Coins may be lost.

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