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?
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 …
The OMG Network focuses on scalability while building for security. Our MoreViable Plasma architecture relies on Ethereum’s security protocols (smart contracts) alongside a decentralized Watcher network to ensure your funds remain safe no matter what.
The OMG Network allows developers to build scalable, decentralized payments apps on a high throughput value transfer layer. As a financial network, security is a core tenet in all our engineering efforts, however, we realize no technology is perfect! That’s why we’ve launched a bug bounty program allowing participants to identify and submit vulnerabilities that could negatively impact OMG Network users.