×
×
Cryptocurrencies:  5,709Markets:  23,107Market Cap:  $271,061,301,19724h Vol:  $55,419,732,074BTC Dominance:  62.6%
Market Cap:  $271,061,301,19724h Vol:  $55,419,732,074BTC Dominance:  62.6%Cryptocurrencies:  5,709Markets:  23,107

OMG Network (OMG)

$1.53 USD (1.65%)
0.00016647 BTC (1.40%)
0.00641268 ETH (1.62%)
Buy
Exchange
Gamble
Play Now
  • Market Cap
    $215,000,716 USD
    23,346 BTC
    899,348 ETH
  • Volume (24h)
    $76,118,580 USD
    8,265 BTC
    318,404 ETH
  • Circulating Supply
    140,245,398 OMG
  • Historical data for OMG Network

    Currency in USD
    Loading...
    DateOpen*HighLowClose**VolumeMarket Cap
    Date
    DateOpen*HighLowClose**VolumeMarket Cap
    Jul 10, 2020
    1.56
    1.56
    1.50
    1.55
    79,737,075
    217,317,326
    Jul 09, 2020
    1.62
    1.62
    1.52
    1.56
    102,705,983
    218,429,461
    Jul 08, 2020
    1.53
    1.63
    1.52
    1.62
    112,878,433
    226,575,946
    Jul 07, 2020
    1.56
    1.57
    1.51
    1.53
    89,853,294
    214,156,499
    Jul 06, 2020
    1.49
    1.58
    1.49
    1.56
    108,653,303
    219,352,393
    Jul 05, 2020
    1.52
    1.52
    1.47
    1.49
    86,945,293
    208,794,581
    Jul 04, 2020
    1.44
    1.55
    1.44
    1.52
    123,412,719
    212,741,343
    Jul 03, 2020
    1.43
    1.44
    1.40
    1.43
    77,682,735
    200,913,757
    Jul 02, 2020
    1.47
    1.48
    1.41
    1.43
    73,891,255
    200,950,774
    Jul 01, 2020
    1.47
    1.48
    1.45
    1.47
    71,263,690
    206,212,945
    Jun 30, 2020
    1.47
    1.49
    1.46
    1.47
    72,949,467
    206,522,646
    Jun 29, 2020
    1.42
    1.50
    1.38
    1.47
    88,030,823
    206,412,341
    Jun 28, 2020
    1.39
    1.44
    1.35
    1.42
    79,054,749
    199,040,270
    Jun 27, 2020
    1.46
    1.47
    1.34
    1.39
    78,848,729
    195,350,126
    Jun 26, 2020
    1.47
    1.48
    1.45
    1.46
    69,593,457
    204,626,710
    Jun 25, 2020
    1.52
    1.52
    1.47
    1.47
    79,492,554
    206,625,144
    Jun 24, 2020
    1.57
    1.59
    1.49
    1.52
    81,398,480
    212,747,735
    Jun 23, 2020
    1.62
    1.67
    1.57
    1.57
    103,654,066
    220,124,006
    Jun 22, 2020
    1.45
    1.63
    1.45
    1.62
    143,407,724
    227,175,297
    Jun 21, 2020
    1.47
    1.48
    1.45
    1.45
    78,029,403
    203,894,754
    Jun 20, 2020
    1.45
    1.50
    1.45
    1.47
    93,105,320
    206,089,110
    Jun 19, 2020
    1.48
    1.49
    1.45
    1.45
    94,567,352
    203,923,672
    Jun 18, 2020
    1.51
    1.52
    1.46
    1.48
    88,423,037
    207,969,912
    Jun 17, 2020
    1.53
    1.53
    1.49
    1.51
    82,744,087
    212,312,940
    Jun 16, 2020
    1.51
    1.54
    1.50
    1.53
    85,057,867
    214,168,230
    Jun 15, 2020
    1.57
    1.58
    1.42
    1.51
    106,249,607
    211,320,683
    Jun 14, 2020
    1.62
    1.62
    1.54
    1.57
    95,815,637
    220,527,368
    Jun 13, 2020
    1.56
    1.68
    1.55
    1.62
    113,187,543
    227,349,993
    Jun 12, 2020
    1.51
    1.58
    1.50
    1.56
    94,636,046
    218,123,666
    Jun 11, 2020
    1.65
    1.66
    1.50
    1.51
    106,234,936
    212,206,271

About OMG Network

OMG Network (first developed as OmiseGO) is a non-custodial, Layer 2 scaling solution for transferring value on Ethereum. How the protocol processes transactions is centralized, but its Plasma-based design aims to decentralize network security. It also relies on Ethereum at its final arbitration layer. Most blockchain ecosystems are limited by low throughput, high and unpredictable transaction fees, and poor user experience. The project's team believes these are barriers that need to be overcome before businesses and developers will adopt blockchain for real-world applications, leading them to develop the OMG Network.

The core security proposition of Plasma revolves around honest users being able to exit the child chain (in other words, withdraw funds to the root chain) at any time. To exit the child chain, a user submits an exit transaction – along with an exit bond – to the root chain. The exit is subject to a "challenge period," during which any user can prove, if applicable, that the exit is invalid. If successfully shown to be invalid, the exit is not processed, and the challenger is awarded the exit bond. This exit game is solely dependent on the root chain.

As the child chain relies on the root chain to be its ultimate arbiter, it must periodically commit a hashed version of its state changes to the root chain by way of a smart contract. As opposed to submitting individual transaction data onto the root chain, the child chain bundles transactions into a Merkle tree and submits the root hash. Beyond these core elements, there is no prescribed configuration for a Plasma chain. They can take on different consensus protocols, block validation mechanisms, or fraud proofs. The design is adaptable to the use case. OMG Network is based on the Plasma MoreVP design, an extension of Minimum Viable Plasma optimized for the settlement of payments and value exchange between users and exchanges.

The original OMG Network team (under the OmiseGO name) co-authored the original Plasma white paper with Joseph Poon and was also the first project to perform an airdrop, a way to more widely share ownership of our token with the existing Ethereum community.

OMG Network Statistics

OMG Network Price$1.53 USD
OMG Network ROI
186.69%
Market Rank#44
Market Cap$215,000,716 USD
24 Hour Volume$76,118,580 USD
Circulating Supply140,245,398 OMG
Total Supply140,245,398 OMG
Max SupplyNo Data
All Time High
$28.35 USD
(Jan 08, 2018)
All Time Low
$0.319695 USD
(Jul 16, 2017)
52 Week High / Low
$2.20 USD /
$0.337152 USD
90 Day High / Low
$2.20 USD /
$0.511324 USD
30 Day High / Low
$1.68 USD /
$1.34 USD
7 Day High / Low
$1.63 USD /
$1.47 USD
24 Hour High / Low
$1.55 USD /
$1.50 USD
Yesterday's High / Low
$1.56 USD /
$1.50 USD
Yesterday's Open / Close
$1.56 USD /
$1.55 USD
Yesterday's Change$-0.007881 USD (-0.51%)
Yesterday's Volume$79,737,075 USD
Sign up for our newsletter
Get crypto analysis, news and updates, right to your inbox! Sign up here so you don't miss a single one.