What is the OMG network ?

Last updated 4 months ago

Please note: the OMG Network is still in development, and some details cannot yet be included. This knowledge base will be revised regularly to include updates and additional details.

What OMG is made of?

We’re building a frictionless, permissionless, trustless payments network as a public good. The OMG Network will serve everyone as a globally accessible decentralized exchange in which value of any type can be transacted. The key components of the OMG Network ecosystem are:

  • eWallet Suite and Application Interface

  • Plasma — A Blockchain Scalability Framework

  • Decentralized Exchange Layer

  • Proof-of-Stake Consensus Mechanism