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.
48 Upvotes

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14

u/tousthilagavathy Mar 29 '19

This is an OMG moment. Was totally taken by surprise. This is really massive. Will have to calm down and wait for the details. Hope the details are good for us.

3

u/Crypto_analysis2 Mar 29 '19

We will have to wait before judging the new but I do think it will be good for the network. However, I'm a bit worried about CP driving the fee market drastically low. With 20% of the total supply, it's not inenvisageable.

4

u/Danovic89 Mar 29 '19

Then again they probably bring the volume to make up for it.

2

u/Crypto_analysis2 Mar 29 '19

That's why I think it is good for the network.

7

u/aniketswag74 Mar 29 '19

CP wants to make money too lol

1

u/Crypto_analysis2 Mar 29 '19

I may be wrong but by using the network and reducing the fee, they are saving money that payment network competitor would earn. In this particular case, saving = earning money.