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What is the OMG cryptocurrency?

Before talking about OMG or the OMG coin price, let’s first talk about the blockchain trilemma, one of the central problems of our industry. The blockchain trilemma is a name coined by Vitalik Buterin that proposes a set of three main issues that developers encounter when building blockchains. More often than not, developers are forced to choose two out of three: Decentralization. Rather than being managed by a single entity, blockchains distribute control over the network equally to all participants. Security. Blockchain networks should have ironclad defenses that prevent malicious entities from taking over. Scalability. Blockchains should support an enormous number of transactions and users without faltering by increasing fees and transaction times. In a single sentence, the OMG network is a non-custodial scaling solution for Layer-2 which is developed over the Ethereum blockchain. What this means is that OMG is designed to help users transfer tokens faster and at signi...

Which products integrate old and new tech for better user experience?

Let me give you some simple examples:

One

Door knobs - They are really a modern invention. But, the metal “Brass” has many anti-bacterial properties. So in a simple turn of events, door knobs are usually made of brass in many countries (India is not one of them sadly). But brass is relatively cheaper so it works out well.


Two

Glass - Google Glass, Apple Glass etc. Old technology is our regular prescription glasses. Integrating new technology into these lenses is the most modern and futuristic example

Yes Apple Glass does look more modern than Google Glass because they are both few years apart and the renders were also according to the years they were being developed.


Three

Cheques - An instrument used to transfer money from one’s hand to another without the need to physically carry cash. A simpler way during those times to transfer money from account to account as well. But, modern cheques are far from their original versions.

Today’s cheques have many features like Magnetic Ink Character Recognition (MICR), Hologram, Multi-city readability and payable at par (without any charges for cross-branch deposit) etc.

(Above image - The first cheque) - It is over 350 years old

And now here is our modern cheque

See how much has changed!


Four

Maps - A cartograph was the easiest way to get a bird’s eye view of a region. And today we need not emphasize the importance of Maps on our smartphones. There are so many integrations now but basically we took our maps digital.

Instead of showing you a boring picture, let me include some exciting maps, one of the earliest known maps of the world on paper. Here they are in HD quality

And below we have the earliest map of America

Now below we have the largest map of the earth ever drawn back then

And here is an exciting albeit slightly eerie one

And lastly here is a full size modern map as we know today, drawn in the olden times

  regards!www.techniquegurukomal.blogspot.com

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