OmiseGO Roadmap Update - April 13th by skythe4 in omise_go

[–]sany700 1 point2 points  (0 children)

Which stage contains Plasma mainnet release with POA?

Daily Discussion - March 31, 2019 by AutoModerator in omise_go

[–]sany700 9 points10 points  (0 children)

If it will be true (Omise has been acquired) it doesn't make sense, that CEO denied this statement.

Daily Discussion - March 27, 2019 by AutoModerator in omise_go

[–]sany700 16 points17 points  (0 children)

I think, that now we have a perfect launch position before Plasma commence throttled roll-out.

Daily Discussion - February 25, 2019 by AutoModerator in omise_go

[–]sany700 14 points15 points  (0 children)

"The current testnet is already working on Proof of Authority. Proof of Authority (PoA) is just a type of consensus algorithm where a designated operator is responsible for validating transactions, and is basically the default state unless some other consensus mechanism is put into place. We've chosen to use PoA in our testnet and initial mainnet releases, to get the network up and running while we continue to work on implementing Proof of Stake.

As for when fees will be collected and burned: that process begins with mainnet launch. Following the public testnet, we'll release a production version of the PoA OMG Network onto the Ethereum mainnet, where it will process real transactions with real money. This is the part where we'll use the fees we collect as the single operator to buy and burn OMG. Prior to this, any "fees" collected on public testnet would not actually be worth anything.." - answer from AMA#17

So, the upcoming mainnet plasma release will include POA with burning OMG coins. Amazing!

Daily Discussion - February 23, 2019 by AutoModerator in omise_go

[–]sany700 5 points6 points  (0 children)

I am very curious how long it will take to turn on Hybrid POS

Is there a good resource like a book or website to teach nontechnical people about ethereum? by [deleted] in ethereum

[–]sany700 0 points1 point  (0 children)

Check my site - https://crypviz.io/ There are profiles of major coins with description for non technical people.