One of Reddit’s requirements for the bake-off (albeit listed as a bonus) is for users to be able to exit to Ethereum in a “fast & simple” manner. While fast exits are on the way, they only work with liquidity providers. But how would you find a liquidity provider for points that were directly minted on OMG? Would it be possible to have a smart contract on Ethereum that holds a portion of minted tokens and provides liquidity for exiting users?
With crypto exchange fees soaring to nearly 500 Gwei on September 18th, 2020, we know exchanges and their users need a solution — fast. We’ve taken the first step to rein in high gas fees by integrating with Bitfinex, one of the largest crypto exchanges, to support transfers of the biggest gas-guzzler of them all: Tether (USDt).
The following is a highlight reel of the fireside chat we held on the 21st of August post-OMG Network’s Bitfinex integration. The chat was conducted by Vansa (CEO), Stephen (COO), and Kasima (CTO), where they discussed how Ethereum scaling solutions …
Note: This is a repost of a blog we shared on our previous website which is why the video presentation reflects our old brand name, OmiseGO, instead of OMG Network. At OMG Network, we believe the blockchain is the gateway …
The Ethereum scaling landscape is a new and exciting field. There are no dull days and no shortage of Layer-2 scaling solutions to choose from — each with their own unique trade-offs and optimizations. But it’s easy to get lost …