Ethereum VS Omni
Ethereum is an open-source, public, blockchain-based distributed computing platform and operating system featuring smart contract functionality. Ether is a cryptocurrency whose blockchain is generated by the Ethereum platform. The ethereum blockchain crypto uses ethereum as its gas to make transactions happen on their network. In this post you will learn all about ethereum and how it compares to bitcoin and other cryptocurrencies.
Omni is an open-source protocol built on the Bitcoin blockchain. It's primary function is to create and trade custom digital assets, also known as omni tokens. The Omni Foundation was founded by Jarrad Hope in 2014 with the goal of creating a platform for trading these omni tokens that can be used without the need for trust or centralization. The foundation has created several projects since its inception including TetherUSD (USDT), MakerDAO’s DAI, and most notably, Augur’s REP token which was sold during their ICO event in 2015.
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