It aims to reduce transaction applications being deployed on Ethereum, however, support for other coins. This is good news for pretty much anyone using Ethereum.
Follow Us:. OmiseGo is leading Plasma development on Ethereum, and their implementation is the first to launch on the smart contracts platforms. You can invite them to download the Zengo app using a referral code. Presently, the official resources maintain that the project has a new name, OMG Foundation, and is a fully-fledged layer-two ecosystem. This is also beneficial as many users will no doubt have a large collection of tokens that were issued on the Ethereum Blockchain and are hence ERC20 variants.
