As an emerging technology, the blockchain industry has the characteristics of strong compatibility and high liquidity, which allows it to be combined with traditional industries to help the development and empowerment of traditional industries. As a result, OEG came into being.
— With the rapid progress of blockchain technology, various value applications are constantly being implemented, and the blockchain industry has undergone great transformation. The token economy has greatly improved in terms of technical complexity, content depth, and breadth. The new financial model and commercial economic form it represents are showing strong vitality. As an emerging technology, the blockchain industry has the characteristics of strong compatibility and high liquidity, which allows it to be combined with traditional industries to help the development and empowerment of traditional industries. As a result, OEG came into being.
At the same time, we also have to realize that for a new thing such as digital currency that has been controversial since its birth, even the light is often indispensable. The existence of certain undesirable items and “air coins” will add a few unnecessary worries to the currency circle from time to time. It is precisely under such a background of silt that the OEG ecology with application as king and ecology as the first can clearly represent the emerging power of the frontier of digital currency.
OEG technical points
1.RTXP open source protocol
OEG adopts a blockchain P2P network based on rtxp open source protocol, which enables users to conduct point-to-point currency transactions and instant settlement, easily convert transaction assets (traditional currency, electronic currency and other forms of assets) as simple as sending an e-mail, greatly reduces the risk and handling fee in the process of inter-bank transfer, especially international transfer.
2.Cross Chain Protocol of Oracle-Chaos
Oracle-Chaos adopts a new double chain structure and develops a new Mprotocol, which solves the problem of low efficiency caused by the long confirmation time of traditional cross chain technology, and realizes the quick confirmation of cross chain transactions.
3.POC mechanism of Oracle-Chaos
Compared with PoW of BTC, the self-developed POC（Proof of Credit） has a faster transaction rate, does not need a great consumption of power for mining, and does not have a 51% attack potential. At the same time, it well avoids the risk of branching, and can prevent non-stakeholder attacks. The POC mechanism of Oracle-Chaos randomly selects consensus nodes to package transactions and sign blocks, and the blockers cannot continuously participate in the package signature (unless there is only one online consensus node), so as to ensure the high-speed operation of the blockchain, save resource consumption and ensure security at the same time. The blockchain blockers maintained by POC consensus algorithm are required to be 100% online, and the next 12 blockers will check the blockchain after the block is dug out. All block rewards will be locked into the calculation power income pool, and users will get the income in the pool according to their calculation power (promotion calculation power + holding calculation power addition) contribution.
Seven major sectors of OEG ecology
OEG has seven core business segments covering all directions, including super payment, cross-chain super flash exchange, lightning exchange, distributed OTC transaction, blockchain game, trusted donation, and digital health. Become a whole ecosystem.
OEG will subvert the traditional financial industry and establish an advanced and unique decentralized financial industry ecology. It hopes to promote a rapid flow of changes in the entire market through a series of open and fair rules and standards, optimize the current economic structure, and rationally allocate resources. Use blockchain technology to form a decentralized platform with OEG protocol as the node.
Looking at the OEG ecology, it is not difficult to see that the value of OEG is the core carried by the entire ecology. In the plan of the OEG core operation team, OEG has a clear three to five-year development plan, which is jointly built from technology, usage scenarios, exchange layout, etc., so that OEG has significant value and lasting vitality.
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