The high load on the network as a result of the explosive growth of De-fi
services and the rising price of ETH creates the problem of high
commissions, which is a significant factor limiting the mass adoption of the
network. High gas prices make mass transactions expensive for the user.
Simply put, gas is a denominated unit of ether (ETH) used to pay for
transactions in the etherium blockchain. In other words, it is the price you
pay for a transaction in a blockchain that someone else has mined
As a solution to this problem, Omniunit Cash uses "Etherium
Plasma".
The basic idea behind Etherium Plasma is to create a sidechain framework that interacts as little as possible with the
main chain (in this case, Etherium). Such a framework is
designed to work as a blockchain tree, which is organized in
such a way that many small chains can be created on top of
the main chain. These small chains are also referred to as
Plasma Chains or Small Chains.
De-Fi currently leads the 3 most promising blockchains with their own
smart contract protocol:
Etherium (ERC20) capitalization $210,281,192,488
Tron (TRC20) capitalization $5,387,175,986,570
Binance Chain (BEP20) capitalization $3,434,040,022
The multi-bridge will allow Omniunit Cash tokens to be used in any of
these blockchains.
Utility usage of Omniunit Cash
-Collateralization on cryptocurrency mutual lending
platforms
-Collateralization in margin products (futures, options and
other derivatives)
-Use for funds transfer due to high speed and low
commissions
-Providing liquidity in mining and staking pools
-Collecting commissions in De-Fi projects
29.01.2021
08.02.2021
27.02.2021
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