What is Omni Layer?
Omni is a platform facilitating the creation and trading of custom digital assets and currencies. Functioning as a software layer atop the highly reputable Bitcoin blockchain, Omni leverages Bitcoin transactions to enable advanced features. Its reference implementation, Omni Core, extends Bitcoin Core's capabilities to encompass all standard Bitcoin functionalities alongside advanced Omni Layer features.
What Benefits does Omni Layer bring to Bitcoin?
- Create Custom Tokens: Omni simplifies token creation for custom currencies and assets, facilitating transactions on the Bitcoin blockchain. Its user-friendly approach has positioned it as the foremost token protocol built on Bitcoin, owing to its blend of power and ease of use.
- Blockchain based crowdfunding: Decentralized crowdfunding through Omni is straightforward. Participants in a crowdsale can send bitcoins or tokens directly to an issuer address, and the Omni Layer autonomously delivers the crowdfunded tokens back to the sender, eliminating the need to rely on a third party.
What are the Omni Layer's main use cases?
- Gaming
- DeFi
- Cross-Chain Atomic Swaps
