Omchain (OMC) Price

Omchain Price

0.00USD+0.00 (+0.00 %)
Market Cap
$211.6K
Fully Diluted Valuation
$567.8K
Circulating Supply
92.81M OMC
37%Max: 249.05M
24h Range
$0.00228
$0.00228
All-Time Range
$0.001999
$0.0532

Advantages of Cryptocurrency

Decentralization & Financial Freedom

Cryptocurrencies operate on decentralized networks, removing the need for intermediaries like banks. This enables peer-to-peer transactions, financial inclusion for the unbanked, and resistance to censorship or government control.

Transparency & Security

Blockchain technology provides an immutable, transparent ledger of all transactions. Cryptographic security makes it extremely difficult to counterfeit or double-spend, offering strong protection against fraud.

Global Accessibility

Anyone with an internet connection can send and receive cryptocurrency worldwide, 24/7, without geographic restrictions or banking hours. This is particularly valuable for international remittances.

Investment Potential

Cryptocurrencies have demonstrated significant long-term appreciation potential. Early investors in Bitcoin and Ethereum saw extraordinary returns, and the asset class offers portfolio diversification benefits.

Risks of Cryptocurrency

High Volatility

Cryptocurrency prices can fluctuate dramatically – often by 20–50% or more within short periods. This high volatility makes them inherently risky investments, and significant capital losses are possible.

Regulatory Uncertainty

The regulatory landscape for cryptocurrencies is still evolving globally. Sudden regulatory changes can significantly impact prices and accessibility, creating legal and compliance risks for investors and businesses.

Security Risks

Hacks, scams, and phishing attacks are prevalent in the crypto space. The irreversible nature of blockchain transactions means stolen funds are rarely recovered. Users must secure their private keys and wallets diligently.

Environmental Impact

Proof-of-Work cryptocurrencies like Bitcoin require substantial computational energy, raising environmental concerns. While the industry is transitioning toward more energy-efficient consensus mechanisms, the carbon footprint remains a significant criticism.

History of Cryptocurrency

The history of cryptocurrency begins with Bitcoin, introduced in 2009 by the pseudonymous Satoshi Nakamoto. The Bitcoin whitepaper, published in October 2008, proposed a peer-to-peer electronic cash system enabling online payments directly between parties without going through a financial institution.

Bitcoin's first recorded commercial transaction occurred in May 2010 when Laszlo Hanyecz paid 10,000 BTC for two pizzas – a transaction now celebrated annually as Bitcoin Pizza Day.

The Rise of Altcoins

Following Bitcoin's success, thousands of alternative cryptocurrencies (altcoins) emerged. Ethereum, launched in 2015 by Vitalik Buterin, introduced smart contracts – self-executing agreements coded into the blockchain – enabling decentralized applications (dApps) and decentralized finance (DeFi).

The ICO Boom and Market Crash

The years 2017–2018 saw an explosion of Initial Coin Offerings (ICOs), where new projects raised funds by selling tokens. Bitcoin reached nearly $20,000 in December 2017 before crashing dramatically in 2018, triggering a prolonged crypto winter.

Institutional Adoption

The 2020–2021 bull run saw unprecedented institutional interest, with companies like MicroStrategy and Tesla adding Bitcoin to their balance sheets. Bitcoin hit new all-time highs above $60,000. The launch of Bitcoin ETFs and growing regulatory clarity further legitimized the asset class.

DeFi, NFTs & Web3

Decentralized finance (DeFi) protocols, non-fungible tokens (NFTs), and the broader Web3 movement transformed the cryptocurrency landscape. Platforms like Uniswap, Aave, and OpenSea enabled entirely new financial and digital ownership models.

Today, the cryptocurrency market encompasses thousands of digital assets with a combined market capitalization in the trillions of dollars, representing a fundamental shift in how the world thinks about money, finance, and digital ownership.

Exchange

ExchangeMarket PairPriceDepth +2%Depth -2%Volume 24HVolume %TypeLiquidity RatingFreshness
MEXCOMC/USDT0.005.074.071,980.460.00cex3.004/10/2025, 2:24 PM

Omchain FAQ

Omchain is an EVM-compliant Proof of Authority (PoA) blockchain that employs the IBFT2 consensus algorithm. It features a block interval of 2 seconds and a block gas limit of 50 million. Omchain delivers infrastructure tailored to meet business-level requirements. For further information, please refer to Eulerpool.

Omchain's gas token, known as OMC, operates across the ETH, BSC, and AVAX networks, and is available as ERC-20, BEP-20, and ARC-20 tokens.

OMC is utilized for paying transaction fees on the Omchain. Omchain offers several features: * EVM Compatibility: Provides proven security, an established tech stack, tools, standards, and enterprise adoption. * Scalability: Consistently low transaction fees and sidechain integrations facilitate a highly scalable blockchain infrastructure suitable for enterprise-grade needs. * Security: Features audited, open-source software and consensus mechanisms to ensure a secure infrastructure. * User Experience: Enables immediate transaction finality, allowing real-world applications to be seamlessly integrated with blockchain technology. * Developer Support: Offers not only the infrastructure but also essential tools required by the blockchain, such as a mobile wallet and blockchain bridge. Interactions with Omchain are conducted using OMC, functioning similarly to other gas tokens.

The total supply of OMC is 410 million, and the tokens in circulation are continuously burned until the target of 100 million total supply is achieved.

OMC can be acquired through exchanges such as MEXC, Bitmart, Biconomy, among others where it is listed.

Omchain offers an active staking program, accessible via https://app.omchain.io. For more information and resources, please refer to Eulerpool.

Omchain utilizes a comprehensive strategy to ensure the security and integrity of its network and user assets. At its core, the blockchain employs advanced encryption techniques alongside robust network security protocols to protect data and transactions. This foundational security is further strengthened through the use of a proprietary consensus algorithm, specifically the Istanbul Byzantine Fault Tolerance (IBFT2) consensus mechanism. This algorithm is crucial in maintaining the network's resilience against attacks and ensuring that all transactions are processed securely and efficiently. In addition to these technical measures, Omchain emphasizes regular security audits and updates. These practices are essential for identifying potential vulnerabilities and ensuring that the network remains protected against evolving security threats. By continuously monitoring and improving its security infrastructure, Omchain demonstrates a proactive approach to safeguarding its ecosystem. Another key component of Omchain's security strategy is its blockchain-based identity verification system. This system provides an additional layer of security by verifying the identities of users interacting with the platform. Such measures are crucial for preventing fraudulent activities and enhancing the overall trustworthiness of the network. Omchain also incorporates digital identity solutions and two-factor authentication (2FA) as part of its security framework. These features are designed to protect user funds and personal information by adding extra verification steps that must be completed before certain actions can be performed. Furthermore, Omchain's strategic partnerships with other blockchain platforms contribute to a more secure and interconnected ecosystem, allowing for the exchange of best practices and the strengthening of collective security measures. It is important for users to conduct their own research and remain informed about the security features and protocols of any blockchain platform they choose to engage with.

Omchain is a versatile blockchain platform tailored to meet the needs of both individuals and businesses, offering a user-friendly interface for engaging with blockchain technology. The platform supports the creation and execution of smart contracts, the development of decentralized applications (dApps), and the generation of new tokens, providing a comprehensive solution for harnessing blockchain's potential. It is designed to ensure high security levels and support rapid transaction processing, effectively addressing common blockchain technology concerns. Omchain's utility spans various industries, including marine conservation, sustainable agriculture, and financial services, highlighting its adaptability and wide range of applications. Through its partnership with Layer One X, Omchain aims to enhance digital identity solutions, potentially revolutionizing identity verification processes with blockchain’s inherent security and transparency. The platform operates on an EVM-compliant Proof of Authority (PoA) blockchain, employing the IBFT2 consensus algorithm for fast and efficient consensus. With a block interval of just 2 seconds and a substantial block gas limit, it is well-suited to meet enterprise-level demands. Its native asset, OMC, is integral to the ecosystem, facilitating transaction fee payments and enabling seamless interaction with the platform's features. OMC's integration with major blockchain networks as ERC-20/BEP-20/ARC-20 tokens underscores Omchain's commitment to interoperability and accessibility. The platform's focus on scalability, security, and user experience, along with comprehensive developer support, positions it as a robust infrastructure for blockchain-based applications. Featuring a dynamic staking program and a clear roadmap for OMC's circulation and supply management, Omchain actively engages its community and stakeholders. The availability of OMC on multiple exchanges increases its accessibility, allowing a wider audience to participate in the Omchain ecosystem. As with any cryptocurrency investment, it's crucial to conduct thorough research and consider the inherent risks before engaging with the platform or purchasing its native asset. For more information, you can view Omchain's profile on Eulerpool.

Omchain has achieved several key milestones that have significantly contributed to its growth and recognition in the cryptocurrency community. Initially, the blockchain's focus was on developing advanced features like smart contracts, decentralized applications (DApps), and token creation capabilities, underscoring its commitment to providing a versatile and secure platform for both developers and users. These features are crucial for fostering an ecosystem where developers can create innovative applications without compromising security or functionality. The establishment of the Omchain Foundation marked another pivotal development, highlighting the project's dedication to supporting the growth and sustainability of its ecosystem. The foundation plays a vital role in funding research, development, and community initiatives, ensuring that Omchain continues to evolve and adapt to its users' needs. Further, Omchain has recently announced partnerships with Layer One X and Slash, indicating its intent to broaden its network and capabilities through strategic collaborations. These partnerships are essential for enhancing Omchain's infrastructure and offerings, potentially creating new use cases and applications for the blockchain. The native token of Omchain, OMC, has seen a significant increase in value, reflecting growing interest and confidence in the project's potential. As the gas token of the Omchain, OMC is utilized for transaction fees, making it a critical component of the ecosystem's functionality. The tokenomics of OMC, which include a burning mechanism to reduce the total supply to a target of 100 million, highlight a commitment to maintaining the token's value and stability over time. Omchain's emphasis on scalability, security, and user experience, along with its EVM compatibility and support for developers, positions it as a promising infrastructure for enterprise-grade blockchain applications. With an active staking program and availability on multiple exchanges, Omchain is advancing in increasing accessibility and incentivizing participation within its ecosystem. As with any investment, it is important to conduct thorough research and consider the risks before participating in the cryptocurrency space. For more information, please visit Eulerpool.

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