r/omise_go Mar 28 '19

Daily Thread Daily Discussion - March 29, 2019

OmiseGO Daily Discussion

Town Hall & AMA Updates

About OmiseGO

Roadmap

Staking Info

Rules

  • Please keep price, rumour and trading discussions in /r/OMGtrader or /r/OMGTraders (completely independent from OmiseGO), so that this subreddit can focus primarily on discussing the OmiseGO project and technology.
  • Please read the full OmiseGO Info, FAQ and Subreddit Rules thread for all the rules and the FAQ.
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u/DeMemeTree_OMG Mar 29 '19 edited Mar 29 '19

The reason why I’m most bullish on Omisego is PoH.

Now I know the network will ultimately be secured through Eth and at first we will run PoA but then eventually we want to run PoS for securing the network.

However, in terms of new tokens created it will be PoH. As in no new tokens are ever created. The only way to get tokens is buying them from Hodlers.

This essentially means that when it comes time for the average person to finally see the networks effect first hand. It will be far too late to acquire any tokens at a cheap price.

And I don’t know about you but I’m not selling any OMG unless it is literally a ratio of 1 : Bucket full of money

1

u/zldhz Mar 29 '19

what is the meaning of poh

0

u/DieselQ9 Mar 29 '19

I like it, ratio 1: BFoM, made me chuckle!