The Endorsement by Vitalik [Vitalik 的認可]
Omisego has the best token model. That's not my word, it's Vitalik, the founder of Ethereum, one of the most reputational person in the Blockchain community.
Furthermore than that, OmiseGo is the only one of the two ERC20 tokens that got Vitalik's endorsement (another is Kyber Network) These evidence have shown the significance of OmiseGo in the Blockchain community, which secures the support from the Blockchain giant.
[Omisego擁有最好的代幣模型。 這不是由我口而出，而是以太坊（Ethereum）創始人Vitalik的話，他是區塊鏈社區最有聲譽的人物之一。除此之外，OmiseGo是獲得Vitalik認可的兩個ERC20代幣中其一一個（另一個是Kyber Network）。由它得到了區塊鏈巨頭的支持，我們可看到OmiseGo在區塊鏈社群中的重要性。]
What is OmiseGo? [OmiseGo的簡介]
OmiseGo is an Ethereum- based technology for use in mainstream digital wallets that enables real-time, peer-to-peer value exchange and payment services agnostically across jurisdictions and organizational silos, and across both fiat money and decentralized currencies. They are offering two main products, namely the OmiseGO Blockchain and the wallet.
[OmiseGo應用的以太坊的技術適用於主流數字錢包，協助進行跨軟件的點對點的價值交換和支付服務，並實現跨法定貨幣和去中心化貨幣的交易。他們提供兩種主要產品，即OmiseGO 區塊鏈和錢包技術。]
OmiseGo Blockchain allows large transaction volume at low cost. It is connected to the Ethereum mainnet and anyone will be able to conduct financial transactions such as payments, remittances, payroll deposit etc. The main purpose of OmiseGo is to 'bank the unbanked', that's to provide de facto banking services to those who do not have a bank account. The goal of OmiseGo is that 'millions of mainstream users in the largest growing economies in the world will be enabled to make the transition from using fiat money to using decentralized currencies such as ETH, BTC, and others'.
[OmiseGo 區塊鏈以低成本實現大筆交易量。它連接到以太坊主網，任何人都可以在網絡中進行金錢交易，如支付，匯款，工資存款等。OmiseGo的主要目的是“Bank the Unbanked”，即是為那些沒有銀行賬戶的數千萬民眾提供有如銀行的服務。 OmiseGo的目標是“令世界上成長型經濟體中的數百萬主流用戶將能夠從使用法定貨幣轉向使用去中心化貨幣（如ETH，BTC等）]
Meanwhile for the wallet, OmiseGo provides a wallet SDK so as to allow digital wallet providers to customize their payment solutions based on their needs , while all transactions will be recorded on the OmiseGo Blockchain.
[錢包方面，OmiseGo將提供一個錢包的軟體開發工具組，以便數字錢包提供商根據他們的需求定制他們的付款解決方案，而所有的交易將被記錄在OmiseGo區塊鏈上。]
The Edge of OmiseGo [OmiseGo的優勢]
1. A Well Developed Company Behind [背後成熟的公司]
OmiseGO is actually a project of an existing Fintech company — Omise, which has been serving in Southeast Asia for years. It is always wise to support products that has a solid foundation. For many ICO tokens out there, the companies behind are start-ups and many of them only have the ideas but nothing concrete. In this case, we have a well developed company and Vitalik as their advisor, which will give investors more faith in their products.
[OmiseGO實際上是一家金融科技公司Omise的一個項目，而Omise已經在東南亞運作了多年。 支持一些具有堅實基礎的產品永遠都是明智的。 對於許多ICO來說，背後的公司都是一些初創公司，其中許多公司只有概念，但沒有具體的成果。 在這種情況下，對於一個有發展成熟的公司為基礎和Vitalik作為顧問的貨幣，OmiseGo將得到投資者更多的信任。]
2. Cooperation with Big Players [與大型企業的合作]
The team behind OmiseGo has been fighting to seek cooperation from several large players in the market. In August, they secured a partnership with McDonald in Thai so that the latter will apply Omise as their exclusive payment gateway.
Later in September, Omise successfully landed an investment from the Thai bank Krungsri (Bank of Ayudhya), one of the subsidiary of MUFG, the largest bank in Japan. This marked their progress in working with banking sector and bringing influence to the regions. It is widely believed that more partnerships between Omise and Southeast Asia companies will be confirmed in 2018, let's look forward to it.
[OmiseGo背後的團隊一直在努力尋求與市場上不同企業合作。在 8月份，他們與泰國麥當勞達成了合作夥伴關係，以便後者將Omise作為其獨家支付渠道。在9月下旬，Omise成功從日本最大的銀行MUFG的子公司之一的泰國銀行Krungsri（Bank of Ayudhya）獲得注資。 這標誌著他們在與銀行業合作方面取得的進展，並將為這些地區帶來影響。 人們普遍認為，Omise與東南亞公司之間的更多合作關係將在2018年得到揭曉，讓我們拭目以待吧。]
3. One of the First Platforms to Launch Plasma.io [率先啟用Plasma.io的平台]
Plasma.io was firstly introduced in August by Vitalik Buterin as a solution to the scalability problem of Ethereum. If Lightning Network targets for Bitcoin Blockchain scalability and Raiden Network targets for Ethereum Blockchain scalability, Plasma.io targets for Smart Contracts scalability. It proposes the idea of child chains, which reduce the data stored directly on the chain and eventually achieve higher efficiency on the chain, based on the proof-of-stake consensus.
OmiseGo will be one of the first platform to launch the protocol. Obviously it will enhance the attractiveness of OmiseGo once the Plasma.io is launched.
[Vitalik Buterin在8月份首次提出了以Plasma.io作為以太坊可擴展性問題的解決方案。 Lightning Network是針對比特幣區塊鏈的可擴展性，Raiden Network是針對以太坊區塊鏈的可擴展性，而Plasma.io的目標是針對智能合約的可擴展性。 它提出了'Child chains'的概念，它是基於權益證明機制，減少了直接存儲在鏈上的數據，並最終實現高效率的區塊鏈。 OmiseGo將成為首個啟動協議的平台之一。 一旦Plasma.io正式啟動，OmiseGo的吸引力將大大増加。]
4. Clear Valuation [明確的估值方法]
In my opinion this is the most important argument of its unlimited potential. Whenever we do the valuation of stocks, we calculate the projected discounted net cash flow of the companies so that we can get a fair value for the stocks. Investment banks are doing that, investment experts are doing that and many others as well. However, it is difficult to do it for cryptocurrencies, given that the there is no cash flow for the cypto and people are trading without a clear valuation.
OmiseGo avoids this problem. OmiseGo adopts the POS (Proof of Stake) validation method instead of POW (Proof of Work) which is used by Bitcoin Blockchain. Everyone holding OMG tokens can be the validators of the transactions and reward will be given to such behavior. The returns will be coming from the transaction fees of the OmiseGo Network and the net cash flow can be estimated by discounting the expected future transaction fees minus the node operation cost. As a result, investors can calculate the fair value of OMG tokens and carry out corresponding investment decisions. This avoids the chance of underpricing or overpricing, which is beneficial to the health of the tokens.
[在我看來，這是其巨大潛力最重要的論據。每當我們進行股票估值時，我們都會計算公司的預計折現現金淨流量，以便我們可以得到股票的公允價值。投資銀行正在這樣做，投資專家也這樣做，還有許多其他人亦然。然而，鑑於加密貨幣沒有現金流量，人們經常在沒有明確估值的情況下進行投資。
OmiseGo正正避免了這個問題。 OmiseGo採用POS（權益證明機制）來代替比特幣區塊鏈使用的POW（工作證明機制）。每個持有OMG代幣的人都可以成為交易的確認者，並且會因驗證而得到獎勵。收益將來自OmiseGo網絡交易費用的一部分，令淨現金流量可以通過折現預期的未來交易費用減去節點運營成本來估算。因此，投資者可以計算OMG代幣的公允價值並進行相應的投資決策。這樣可以避免價格過高或過低的風險，有利於代幣長遠的健康發展。]
Market Analysis
OMG has experienced a downtrend from its highest $13.68 in August to $6 in October. However, we see a breakout in November and an uptrend is forming. Price surges quickly in these few days, partly because of the Vitalik's 'best token model' statement. The short term price target will be $16, but that will be readjusted once OmiseGo launches its new product in January or early February.
In my point of view, OmiseGo has the potential to reach above $50 or even $100 in 2018 given its great potential yet comparatively low popularity. When price starts going up, it will be unstoppable.
[OMG從8月份的最高位13.68美元跌至10月份的6美元。 但是，我們在11月份看到了突破，價格形成了上升趨勢。 這幾天價格迅速上漲，部分原因是因為Vitalik發布了“最佳代幤模型”的tweet。 短期目標價格將為16美元，但一旦OmiseGo在1月份或2月初推出新產品，目標價格將會再調整。
在我看來，OmiseGo有潛力在2018年達到50美元甚至100美元以上，因為它具有巨大的潛力，卻擁有相對較低的人氣。 當價格在未來開始上漲時，升勢將會是勢不可擋。]
I will be posting more introductory articles for cryptocurrencies, please follow and comment below if you have a specific crypto in mind that you want to know more!
[我將發布更多關於加密貨幣的介紹文章，如果你對特定的貨幣感興趣，請關注我並在下面留言!]
what does "requiring a running node" mean? does it mean we have to hold a ton of tokens before being able to stake?
It means we have to run the nodes to get that return, and to run the nodes, we need to have OMG tokens first. So yes, OMG is a staking token.
thanks, but how much token is needed? i'm curious coz i only have a hundred lol
I think a hundred tokens will also do. But the network isn't ready yet, let's see what will happen.
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