OMG!! NEXT Ethereum Scaling Solution? âš¡ï¸
What is up with these Gas fees??
Can't a guy just send a Gwei 🤦♂️
Really guys, the Etheruem network is pretty jammed right now. In between all the yield farmers, stablecoins and tokenized Bitcoin, network bloat is BIG problem.
We all know that Ethereum 2.0 is going to supercharge the network but I still think it is some time away. The recent issues on the Medella testnet are an example of challenges faced.
As I have expressed previously, reliable layer 2 solutions are needed. I previously mentioned a few of them including the OMG network. This has recently rallied in price particularly on that announcement from Tether that they would be integrating with the network.
Well, I thought it only fitting that I did a complete overview on the OMG Network...
In my latest video, I take a look at the project. I explore the technology including Plasma, MVP and MoreVP. I also explain the tokenomics of it and why it could be an attractive ETH 2.0 "side bet".
Oh yes, I also throw in a price prediction for the end of the year. Hope you guys like it! 👇
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
⛓️ 🔗 Useful Links 🔗 ⛓️
► OMG Network: https://omg.network/
► GitHub: https://github.com/omgnetwork
► Layer 2 Scaling: https://omg.network/plasma-childchain...
► Guide to Plasma: https://www.learnplasma.org
► Plasma Whitepaper: https://plasma.io/plasma.pdf
► OmiseGo Raise: https://plasma.io/plasma.pdf
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
📜 Disclaimer 📜
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading Forex, cryptocurrencies and CFDs poses considerable risk of loss. The speaker does not guarantee any particular outcome.
