Bitcoin Forum

Other => Beginners & Help => Topic started by: Grampian on November 22, 2017, 07:04:11 PM



Title: Newbie. Please be gentle. Thanks
Post by: Grampian on November 22, 2017, 07:04:11 PM
I have a burning question regarding the Omni protocol and I'm a little lost where to find the answer so any help would be appreciated. Let me see if I can word my question correctly. First off, I trust I'm in the correct forum. Please excuse me if I'm not.

Question: omni as I understand it is a protocol that runs on top of the bitcoin blockchain. Like http over TCP/IP I believe. I understand how bitcoin transactions get written into the blockchain after verification of inputs, outputs, ownership, hash etc. But I'm unsure of what gets written into the bitcoin blockchain using the Omni protocol? I believe Mastercoin, Tether, Maid make use of Omni to write to the bitcoin blockchain. What does the transaction look like? Are the transactions still using the bitcoin addresses? Are there bitcoin inputs and outputs? Does the currency that uses the Omni protocol create a transaction using the bitcoin fields diffently? Any help would be appreciated. Thanks in advance.


Title: Re: Newbie. Please be gentle. Thanks
Post by: dawoodkhan97 on November 23, 2017, 05:45:52 PM
You should ask this question in the altcoin thread
This is for bitcoin discussions

https://bitcointalk.org/index.php?board=67.0


Title: Re: Newbie. Please be gentle. Thanks
Post by: Raju Ahammed on November 23, 2017, 05:52:14 PM
I think your question is not for Bitcointalk discussion thread.It's a altcoin thread question.if u ask this in altcoin thread it will be helpfull for you.thank you.


Title: Re: Newbie. Please be gentle. Thanks
Post by: Grampian on November 23, 2017, 10:46:15 PM
Thank you.