That's just common sense. The people that don't have cell phones, that don't have access to computers, are the ones that need crypto the most. In any part of the world. You can have 0 knowledge and figure that out.
Messages posted by Vitalik on OMG:https://www.reddit.com/r/OMGTrade/comments/agdf17/comment/ee6k0pl?st=JR09N3IC&sh=9cc78280“The help I provided to OMG includes:• Participating in the original Plasma whitepaper• Plasma MVP https://ethresear.ch/t/minimal-viable-plasma/426• Plasma Cash https://ethresear.ch/t/plasma-cash-plasma-with-much-less-per-user-data-checking/1298• Plasma Prime https://ethresear.ch/t/rsa-accumulators-for-plasma-cash-history-reduction/3739• Assistance to Plasma implementation teams• Various discussions around development and release strategy, DEX design, etc, that doesn't really fit into a specific categorySo both public-good tech like Plasma that OmiseGo depends on, and also advice regarding designing the exchange."I just wrote the white paper and then did nothing but let them use my name indiscriminately" is definitely not the case.”https://www.reddit.com/r/OMGTrade/comments/agdf17/comment/ee70xvr?st=JR09OP9K&sh=033d5357“I just met with Jun and co in Bangkok a few weeks ago.”https://www.reddit.com/r/OMGTrade/comments/agdf17/comment/ee8b5y2?st=JR09PN3B&sh=0ad476ab“Was 1MM transactions a knowing lie?I personally have only ever claimed 1MM tps is possible if you combine L2 and sharding; I don't think I ever claimed anything like that for L2 by itself; I tend to give numbers around 1-100k for that.As it looks to me the grand vision of Plasma is a 100 tps system used essentially by a dPoS group of 200 nodesNo idea where that's coming from. The current Plasma Prime testnet that's under construction and close to finished is targeting 1-10k tps. Which is realistically more than enough for a DEX for the near future.Regardless of the progress on plasma, it feels divorced from OMGI can see why you feel that way; I would say that at this point the public-good plasma stuff is at this point the largest challenge in making OMG possible. Likely in a few months when the Plasma testnets have been working and established would be the time when very OMG-specific stuff like DEX design becomes much more prominent.”https://www.reddit.com/r/omise_go/comments/aglxst/comment/ee8bia6?st=JR09L9KJ&sh=74138dad“Hai”https://www.reddit.com/r/OMGTrade/comments/agdf17/comment/ee8fz6p?st=JR09RKDC&sh=45539488“For transactions that small, you can get a good instant finality guarantee, because the Plasma designs that are being worked on include a cryptoeconomic commitment feature where the Plasma validator(s) immediately commit to including that transaction in the next block with a bond that can be slashed if they end up not doing that.”
Takeaways:1) **OMG’s Significance** Vitalik is still significantly involved with OMG - it is significant for Ethereum’s future and therefore whole of crypto space2)**Development Quality** Vitalik has personally been involved in design work for OMG’s future products, including DEX3) **Transaction Per Second** For Plasma Prime testnet aiming for up to 10k TPS. L2 plus sharding 1m TPS possible. L2 alone up to 100k TPS. Very healthy.
Monthly update on @omise_go $omg 18th December — 15th January2018 in review, Plasma and eWallet updates, Chart comparing different plasma designs.#OmiseGo #OMG #Blockchain #Cryptohttps://medium.com/paradigm-fund/omisego-2018-in-review-plasma-and-ewallet-updates-chart-comparing-different-plasma-designs-60aaf1828074
**10 Reasons to still be OMG Positive**1) EWallet 1.1 very close. 82/832) External testnet, close too. 31/42. Mainnet to follow straight after.3) Vitalik Buterin, official advisor of OMG, has stated ”plasma... is closer than many people think”. https://www.reddit.com/r/CryptoCurrency/comments/9ghvvu/comment/e66553k?st=JQLDESEK&sh=b26d2b6bResearch on MVP stage complete, moving into implementation.4) Omise is a significant business, as of two years ago, known clients had $30bn annual revenue:https://www.reddit.com/r/OMGTraders/comments/71qcfy/analysis_of_the_merchants_of_omise/?st=JQLCVB8L&sh=780d42fe5) OMG have significant crypto and corporate partnerships. Already have Thai in with governments... banks etc.6) Partnerships continue to grow, many hidden behind NDAs for now... More parties will subsequently use OMG plasma (see BUIDL), increasing staking rewards.7) Coinbase listing looks likely soon - also to incorporate ability to use Coinbase based staking pools. Further, OMG to launch own dex, potentially supported by exchange acquisition(s).8) OMG total circulation of 140m is already in circulation. There is no more dilution (unlike other tokens) which will protect token price.9) OMG/ETH ratio is so attractive right now! OMG market cap only 1.5% of ETH’s. So under the radar for now for potential top 5 token.10) Plasma is coming. World exchange is coming.
Do you know how complex and lofty their aims and goals are? What they’re developing will literally impact the whole crypto space, which has the potential to change the world as we know it. Stop making yourself look like an idiot.
OmiseGO OfficialScaling Ethereum with the PoS OMG blockchain: the 100% public plasma.io decentralized exchange. & building an open-source fiat/crypto wallet SDK to access it.https://t.me/omisego_official
OmiseGO is performing excellently today. Let's see how it goes. Good day HODLers https://todaysgazette.com/other-crypto-are-bowing-down-but-omisego-omg-is-firing-could-shinhancard-be-behind-the-progress/
I was a long time holder and supporter. Jumped ship in the summer after it became clear they needed *more time*. I still think if they pull it all off it will be a top cyrpto. The if’s of crypto speculation.
I don’t think the settlement will be as large as some expect... way under amount that was taken. Also the compensation may only have a short term negative impact on BTC, as I see a lot of the funds being invested into ALTs. Most early crypto investors will have other ALT favourites by now
Cosmos raised $17m during their token sale in 2017. The majority of crypto companies failed to liquidate most of their raise. Whereas Omisego has $20m in VC funding. That’s real. And existing partnerships and a high transaction volume currently. Would be hard to displace as they have a first mover advantage.