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About Omax Coin
Key Points
- Omax Chain is a decentralized, open-source blockchain system with its native cryptocurrency, Omax.
- It facilitates the execution of decentralized smart contracts and serves as a platform for various other cryptocurrencies.
- Omax combines the transparency of public blockchains with the speed and security of private networks.
- It employs a DPoS consensus mechanism, enabling expeditious transactions, seamless interoperability, and robust cybersecurity.
- The network can handle 100,000 TPS, making it scalable for users.
Founders and History
- Founded in 2021 by Tony and Nick.
- Tony is
Introducing Omax Coin: A Revolutionary Cryptocurrency
Introducing Omax: A Revolutionary Force in the Cryptocurrency Realm
OMAX Chain functions as a decentralized, open-source blockchain ecosystem, powered by its native cryptocurrency, Omax. This platform enables the seamless integration of diverse cryptocurrencies and facilitates the efficient execution of decentralized smart contracts.
Omax emerges as a pioneering Layer 1 blockchain platform, masterfully blending the transparency inherent in public blockchains with the velocity and security characteristic of private networks. By harnessing the power of blockchain technology and cutting-edge infrastructure, the project strives to provide its users with seamless, streamlined financial services.
Leveraging a decentralized proof-of-stake (DPoS) consensus mechanism within its open-source software, Omax achieves rapid transaction processing, seamless interoperability, and robust cybersecurity. With a capacity to handle an impressive 100,000 transactions per second (TPS), the network, reinforced by interoperable smart contracts and Ethereum Virtual Machine (EVM) compatibility, empowers users to scale their projects with enhanced ease and agility.
The Visionary Founders Behind Omax Chain
Established in 2021, with a rich heritage tracing back to the United Kingdom and Australia, Omax has firmly planted its roots in Dubai, UAE, where it continues to thrive.
The visionary architects behind this venture are Tony and Nick. Tony, a trailblazing tech entrepreneur with a profound impact on the blockchain sphere, holds a bachelor’s degree in computer science and engineering from a prestigious institution in London, United Kingdom.
In contrast, Nick, armed with a Bachelor of Commerce degree from Melbourne, Australia, boasts an impressive track record in marketing and commerce, underscoring his proficiency in these domains.
A quartet of esteemed developers have actively collaborated on the developmental endeavors of Omaxchain, further enriching its ecosystem.
Unveiling the Unparalleled Omax Chain (OMAX): A Revolutionary Force in the Blockchain Realm
Distinguishing itself, Omax Chain stands out as an EVM-compatible layer 1 blockchain, boasting low gas fees and high throughput. This distinctive compatibility establishes it as a premier platform for developers and financial institutions seeking to build innovative applications.
Furthermore, the synergy with ivendpay and the ecommerce sector serves to amplify utility, thereby delivering a seamless experience for both investors and businesses.
Omax Chain strives to overcome the shortcomings inherent in early blockchain networks, including limited network bandwidth, prohibitive transaction fees, and a less-than-ideal developer experience. By providing support for smart contracts, developers are empowered to build innovative applications and protocols directly on the blockchain.
What Safeguards Does the Omax Chain Employ?
Omax Chain ensures its security through the implementation of a Delegated Proof of Stake (DPoS) consensus mechanism. This mechanism relies on participants who hold a stake in the network, empowering them to validate and confirm transactions, with the level of authority in the consensus process directly correlated to their stake, thereby enhancing security.
Where to Acquire OMAX Tokens?
As of January 2024, the acquisition of OMAX is seamlessly facilitated through a diverse range of prominent platforms, including *MEXC*, *Bitmart*, *Lbank*, *XT.com*, and *Coinsbit*.
Notably, prominent centralized exchanges (CEXs) and decentralized exchanges (DEXs), including Omaxswap, are also part of this landscape.
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