# OMG

## Description
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OMG Network, formerly known as OmiseGo, is a non-custodial, layer-2 scaling solution built for the Ethereum blockchain. As an Ethereum scaling solution, OMG Network is designed to allow users to transfer ETH and ERC20 tokens significantly faster and cheaper than when transacting directly on the Ethereum network.

## Consensus Type

Proof-of-Authority as of 2021/01/14. Proof-of-Stake will replace PoA once it's implemented.

## Tx Cost

## Average TPS

## Governance/validator Token

## Transactional Token

[OMG](https://www.coingecko.com/en/coins/omg-network)

## Resources

[Project site](https://omg.network/)

[Whitepaper](https://cdn.omise.co/omg/whitepaper.pdf)

## Social Media & Community
[Twitter](https://twitter.com/omgnetworkhq)

[Facebook](https://www.facebook.com/omgnetworkhq)

[Reddit](https://www.reddit.com/r/OMGnetwork/)

###### tags: `Indexed.wtf`