Hi All,

been looking into Ethereum's scaling solutions, and I ran into OMG.

It sounds like OMG is just a Proof of Stake validation network, that doesn't have a native currency. So it can be a validating network for any currency ontop of it, so long as it can be tokenized. And then OMG token holders validate transactions proportionally to how much staked OMG they have.

The fact that it is currency agnostic is kind of cool. And they advertise 1 Million+ transactions per second, but I have no idea how they came up with that number.

Anyone have any thoughts on OMG, pros/cons?

One of the developers, Joseph Poon, wrote the whitepaper for the bitcoin lightning network, so i think hes at least credible.

ETH is about to move to Proof of Stake, and there will quickly be much less inflation to the currency.

Additionally, in PoS, people are incentived to lock up their eth away from circulating supply. Less supply means higher price for buyers.

I think get in sooner rather than later.

Bitcoin cash is just hamstringing itself by removing the possibility to have neat things built ontop of it. Rodger Ver is so focused on fulfilling "satoshis vision" that he doesn't realize what Bitcoin could become, which is a whole network of possibilities.