After 34 months… OmiseGo Network records the first transaction on its main network
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Answer After 34 months… OmiseGo Network records the first transaction on its main network
The OmiseGo project behind the OMG coin is one of the projects that Ethereum founder Vitalik Buterin directly recommended when the project was first proposed as an initial coin offering (ICO).
After 34 months of development, the project was able to register its first operation on its main network.
The OmiseGo team has successfully completed the first transaction on its mainnet and is one of the well-known projects on the cryptocurrency arena.
He was recognized as the first to try to build a decentralized bank but he still did not deliver on this promise and only announced his main network.
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yesterday announce Mr. Kasima Tharnpipicchai, Head of Engineering at OmiseGo Network that the first mainnet transaction on OmiseGo was successful, stated:
On Friday, we deployed the mainnet and successfully performed the transaction lifecycle test (deposit, transactions, start checkout).
This is OMG Network’s first major transaction!
While this milestone is significant, the project is still under security audit, as these transactions can only be accessed by the project team.
The project team expects that a final review report will be prepared by the second week of January.
In addition, the project team has reconsidered all the programming rules of the project and removed all outdated code.
This will greatly reduce the complexity of the contract and make it easier to understand and more secure.
OmiseGo: A mountain was born, and a mouse was born!
The OmiseGo project started in February 2017 and raised $25 million in a matter of hours through a successful ICO, which took place on June 23, 2017.
The project team planned to build an integrated financial ecosystem based on the Ethereum network.
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In 2018 and 2019 the project failed to meet the challenges outlined on its roadmap and the project was widely criticized.
However, major network transactions can help OmiseGo recover from its past failures.
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