Sunday, February 12, 2017

Omni layer, a sandbox built on the bitcoin blockchaim

About Omni

Omni is a platform for creating and trading custom digital assets and currencies. It is a software layer built on top of the most popular, most audited, most secure blockchain -- Bitcoin. Omni transactions are Bitcoin transactions that enable next-generation features on the Bitcoin Blockchain. Our reference implementation, Omni Core is an enhanced Bitcoin Core that provides all the features of Bitcoin as well as advanced Omni Layer features.

  •  Easily create custom currencies and assets directly on the Bitcoin Blockchain Blockchain-based crowdfunding 
  • Trade assets peer-to-peer on the Blockchain 
  • Easy to use, secure web wallets available 
  • Fully-validating desktop wallet and client based on Bitcoin Qt 
  • Easy to integrate server daemon based on Bitcoin Core 
Started in 2012, but went through reinvention. I am going through the material, and there some real scar tissue in this.  I call this trial number one in the sandbox roll out, and much of it will stick. These folks been there, done that. They need solid trading pits to drive the action.

What's missing?

We need private key distribution to verifiable endpoints,  The end points generate valid and verifiable card IDs, permitting autotrade in the sandbox. With auto trade we get price compression which allows the ledger service to decouple from the cash layer while preserving honest accounts.

No comments: