OHNI UNITES CRYPTOCURRENCIES

stone1010 (25)in #ico • 6 years ago (edited)

Hello crypto enthusiasts! I bring you good news from Ohni. Many cryptocurrency enthusiasts have their investment in at least more than one cryptocurrency. And all these cryptocurrencies are built on the blockchain with each currency having different use of the blockchain. The question is what if there is a way to unite all these blockchains to become one major blockchain? Ethereum has achieved this with their smart contracts but the problem is all of these smart contracts are separate from each other and do not utilize each other. That is why Ohni is here to solve this issue by allowing blockchains to use each other.

Ohni is a cryptocurrency with the sole purpose of uniting cryptocurrencies. Having a stable Ohni network that is up and running in order to achieve full decentralization by 2021 is the goal of Ohni. The Ohni network is based on two subsidiaries that are the IBF and the Ohni exchange.

The first subsidiary is International Blockchain Foundation (IBF). The IBF will serve as the father of all the blockchains that will be united on the Ohni network. Cryptocurrencies that aims to become a member of the Ohni network (IBF) before they are fully decentralized will have to pay 1% of their token supply. There is another opportunity for other cryptocurrencies to join after full decentralization of Ohni through a voting system that will be created to add more tokens.

The second subsidiary is the IBF decentralized Exchange (DEX) and the Ohni Centralized Exchange (CEX). Many of the DEX available out there claim to be completely decentralized but the main issue associated with all of them is that they all rely on some kind of intermediary that exist in between the back end and the user. This intermediary is centralized by a person and hence it is prone to issues such as experiencing downtime or attacks that may cause users to lose their funds. The IBF DEX is going to resolve this issue by making Ethereum Blockchain the backend server at the beginning but in the future they will move to the backend server to the Ohni network. The Ohni CEX will enable users to exchange their cryptocurrency for fiat currency.

Ohni app is created to serve as the one place for cryptocurrencies. It is secured, universal, easy to use and reliable among other features.