Mga Cryptocurrency:  7,189Mga Market:  30,250Market Cap:  $348,521,692,69024h Dami:  $102,727,869,352Dominance ng BTC:  57.7%
Market Cap:  $348,521,692,69024h Dami:  $102,727,869,352Dominance ng BTC:  57.7%Mga Cryptocurrency:  7,189Mga Market:  30,250
OMG Network

OMG Network (OMG)

$3.30 USD (6.56%)
0.00030319 BTC (5.40%)
0.00922391 ETH (6.88%)
Earn Crypto
  • Market Cap
    $463,189,792 USD
    42,521 BTC
    1,293,610 ETH
  • Dami (24 na oras)
    $150,253,756 USD
    13,793 BTC
    419,633 ETH
  • Umiikot na Supply
    140,245,398 OMG

Tungkol sa OMG Network

OMG Network price today is $3.30 USD with a 24-hour trading volume of $150,253,756 USD. OMG Network is up 6.56% in the last 24 hours. The current rank of OMG Network is #40 as listed on CoinMarketcap, with a market cap of $463,189,792 USD. It has a circulating supply of 140,245,398 OMG coins and the max. supply is not available. There are currently 249 markets trading it.

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.

Presyo ng OMG Network

Presyo ng OMG Network$3.30 USD
ROI ng OMG Network
Ranggo sa Merkado#40
Market Cap$463,189,792 USD
Dami sa loob ng 24 Oras$150,253,756 USD
Umiikot na Supply140,245,398 OMG
Kabuuang Supply140,245,398 OMG
Sagad na SupplyWalang Datos
$28.35 USD
(Jan 08, 2018)
$0.319695 USD
(Jul 16, 2017)
52 Linggong Mataas / Mababa
$9.43 USD /
$0.337152 USD
90 Araw na Mataas / Mababa
$9.43 USD /
$1.34 USD
30 Araw na Mataas / Mababa
$9.43 USD /
$1.55 USD
7 Araw na Mataas / Mababa
$3.35 USD /
$3.08 USD
24 Oras na Mataas / Mababa
$3.35 USD /
$3.08 USD
Mataas / Mababa Kahapon
$3.11 USD /
$2.98 USD
Pagbubukas / Pagsasara Kahapon
$3.10 USD /
$3.09 USD
Pagbabago Kahapon$-0.016300 USD (-0.53%)
Dami Kahapon$95,118,425 USD
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