The high load on the network as a result of the explosive growth of De-fiservices and the rising price of ETH creates the problem of highcommissions, which is a significant factor limiting the mass adoption of thenetwork. High gas prices make mass transactions expensive for the user.Simply put, gas is a denominated unit of ether (ETH) used to pay fortransactions in the etherium blockchain. In other words, it is the price youpay for a transaction in a blockchain that someone else has mined
As a solution to this problem, Omniunit Cash uses "EtheriumPlasma".The basic idea behind Etherium Plasma is to create a sidechain framework that interacts as little as possible with themain chain (in this case, Etherium). Such a framework isdesigned to work as a blockchain tree, which is organized insuch a way that many small chains can be created on top ofthe main chain. These small chains are also referred to asPlasma Chains or Small Chains.
De-Fi currently leads the 3 most promising blockchains with their ownsmart contract protocol:Etherium (ERC20) capitalization $210,281,192,488Tron (TRC20) capitalization $5,387,175,986,570Binance Chain (BEP20) capitalization $3,434,040,022The multi-bridge will allow Omniunit Cash tokens to be used in any ofthese blockchains.
Utility usage of Omniunit Cash-Collateralization on cryptocurrency mutual lendingplatforms-Collateralization in margin products (futures, options andother derivatives)-Use for funds transfer due to high speed and lowcommissions-Providing liquidity in mining and staking pools-Collecting commissions in De-Fi projects
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