🔥🔥🔥 Overview of the 52nd OMNI NETWORK-Laucnhpool project on Binance!!!

⏩ What is Omni Network?

Omni Network is a Layer 1 blockchain network that allows building dApps easily on all Layer 2 Roll ups such as Optimism, Arbitrum, Zksync... through the Cosmos SDK toolkit and EigenLayer's infrastructure to create Fast connection conditions while increasing security between Layer 2. Project website: https://omni.network

⏩ Highlights of Omni Network

The cryptocurrency market is increasingly developing, with more and more Layer 1 and Layer 2 projects appearing, such as Optimism and Starknet, which have plans to launch Layer 3, causing liquidity to be divided.

Realizing the problem, Omni Network has launched a blockchain network capable of interoperating and managing applications across all different chains. This solution helps access liquidity and users across every ecosystem.

⏩ Solutions on Omni Network

- Dual Staking

Dual Staking of Omni Network integrates two layers: Consensus Layer (consensus layer) and Execution Layer (execution layer) supported by tools such as ABCI++ and Engine API to help validators manage the status of transactions in a unified way. in the network.

This model helps reduce the risk of network congestion, enhancing the security and reliability of cross-network transactions.

- Consensus Layer

Omni Network uses the CometBFT consensus mechanism to process information from user rolls and transactions. The CometBFT mechanism helps the project improve network performance, increase speed and reduce transaction costs.

- Execution Layer

The execution layer helps Omni Network carry out transactions on the Ethereum network, thanks to the integration of a number of third-party applications that help the network operate quickly without congestion. In addition, it also supports EIP-1559 to help optimize network usage costs.

- Validator nodes

Users stake ETH or OMNI to become a network operator or delegate to a validator node. Validator nodes can continue to retake ETH to contribute to network security, in return the platform will reward retakes.

#OMNI