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Omisego Price Today

Omisego (OMG) Price, Value, Chart, and News

33 Omisego Price: $2.26 -1.03%

Market Cap Volume 24h Circulating Supply Max Supply
$317,394,323 USD $119,370,295 USD 140,245,398 OMG 140,245,398 OMG

What is Omisego?

OmiseGO is building liquidity provider mechanism, a decentralized market, clearinghouse messaging network, and blockchain gateway. OmiseGO isn't owned by any one party that was single. Instead, it is an open distributed network of validators which enforce behavior of all participants. It uses the mechanism of a protocol token to create a blockchain to enable enforcement of market action. This high-performant dispersed network enforces market across asset types, from at-backed issuers to completely uncharted blockchain tokens (ERC-20 style and indigenous cryptocurrencies). Without a gateway token, this enables the decentralized market of other blockchains and between multiple blockchains directly unlike almost all other exchange programs. Markets could be able to signi cantly promote via decentralizing custody and increased transparency of market action, market assurance and decrease spreads. This can be achieved using contracts, protocol tokens enforcing correct market behaviour of order book matching, a building of Ethereum bonded enforcement of clearinghouse action and obligations to historical exchange data to be used with Ethereum intelligent contracts.

OMG Information

Issued Type Protocol Algorithm
2017-06-23 ($0.240000 USD) TOKEN POW Ethash
Website Source Code Explorer
Omisego Official Website Omisego Github 1 2 

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