Omg Network
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About Omg Network
OMG Network (OMG) is a layer-2 scaling solution built on Ethereum, designed to enable faster and cheaper value transfers for ETH and ERC20 tokens. Originally developed by OmiseGO, it uses a construction called a More Viable Plasma chain to process transactions off the main Ethereum network, reducing congestion and fees while inheriting Ethereum's security guarantees. OMG Network targets both consumer payments and decentralized finance applications, offering infrastructure for developers and businesses that need high-throughput token transfers without sacrificing the trust model of the underlying Ethereum blockchain.
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