Have you heard of "omchain" before? If not, you're missing out on a lot. Let's get to know "omchain together.
Tags: blockchain, web3, webdev
Published: 2023-01-23 11:44:15

**omchain may be an unknown project at the moment, but I believe it will gain a lot of value in the future. We will understand why better when I explain its features.**

First of all, **omchain** is an EVM network that utilizes IBFT2 PoA consensus

**omchain** is a reliable, low-cost, high-processing capacity blockchain solution with fast transactions for individuals, businesses and institutions. Because **omchain** is an EVM network, you can run smart contracts written in Solidity or Vyper on **omchain.**

**omchain** uses Hyperledger Besu infrastructure. **omchain**'s base currency is **omchain**, which is an **ETH/BSC/AVAX/omchain** (and many more to come) hybrid asset. Also, you can use Metamask or another wallet that supports custom networks and WalletConnect to interact with **omchain**

**Did you know that omchain has a block interval of just 2 seconds? Let's take a look at the benefits that omchain offers**

**Open source development:** omchain utilizes Hyperledger Besu IBFT2 implementation. This allows us to provide an open source, trustable infrastructure and allow developers from all around the world to contribute the development. ✅

**EVM compliant:** omchain allows you to deploy your smart contracts on chain and create blockchain based applications. ✅

**Non-custodial:** You don't have to share your private key with the omchain in order to use the omchain. This allows you to use the same wallet taht you are using on Ethereum or BSC network ✅

**NFT and token support:** omchain supports ERC20 and other ERC standarts. You can create NFTs and token on the omchain. ✅

**Advanced RPC support:** omchain nodes support various RPC commands,this allows developers to build products or solutions on the omchain. ✅

**Users can run nodes:** You can run your own node to support the network and provide yourself a custom environment to interact with omchain and apps you are building on omchain. You can rent an instance from AWS,GCP,Azure or DO to run your own node ✅

Additionally, you can visit https://explorer.omchain.io to explore the transactions and the smart contracts deployed on the omchain mainnet

And the omchain team has stated that they will support anyone who wants to launch a project and develop on the omchain network, this is an incredible opportunity 🎉🎉

The most interesting and exciting part of this is that it is currently only traded on the MEXC exchange at a price of $0.00527, with a total supply of 500 million. The team has announced that they will soon burn tokens and reduce this number to 250 million. This is truly amazing, as the supply is literally halved and if the right marketing efforts are made, the price could go to very different places in the future.

If the supply is halved and listed on different exchanges, the price it trades at would be extremely cheap

I have shared what I have to say about omchain with you so far. But there's more to come, I will leave the links to the documentation and website below. As I find more projects that I see as opportunities, I will share them here as well

https://docs.omchain.io/

https://omchain.io/

https://twitter.com/omchainio