OMNIA’s Blog
Blog
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Why Is There a Subscription Involved?
2 min read The OMNIA Protocol’s infrastructure, consisting of blockchain nodes and privacy relayers which act as decentralized API gateways for accessing blockchains, involves a subscription plan for users. This article will dig into why there’s a subscription involved. First, let’s define the type of service OMNIA Protocol offers. OMNIA offers increased privacy and security…
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Why Should I Add Liquidity on OMNIA Token on Decentralized Exchanges?
2 min read Any successful token in the cryptocurrency space needs as much liquidity as possible on the market to allow existing token holders to cash out or increase their positions and enable large investments to be made without affecting its price heavily. OMNIA, just like any other token, also has liquidity needs that can…
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NFTs and off-chain security
3 min read The public nature of blockchain technology means that while every address within a network is pseudonymous, a record of every transaction each address has ever conducted can be easily accessible. Blockchains like Ethereum and BNB Chain maintain public, accurate records of every transaction conducted, which means that anyone can easily find someone’s…
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OMNIA Protocol Raises $3.2 Million in Oversubscribed Fundraise
2 min read OMNIA Protocol is delighted and proud to announce it has successfully raised a total of $3.2 million in an overly subscribed funding round that saw the participation of numerous prominent investors in the blockchain and DeFi space. Prominent investment firms, influencers, and community-based funds participate in OMNIA Protocol’s fundraising process, which resulted…
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Frontrunning Protection: Securing Your Transactions Through Private Mempools and Flashbots
3 min read Most Ethereum (ETH) and other smart contract network users aren’t aware of how risky trading on-chain can be. Not because funds are going to get stolen, but because certain inefficiencies on the blockchain allow arbitrage bots to take advantage of orders to make a profit. Miners, stakers, or other validators earn rewards…
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AMA Recap — OMNIA Protocol
3 min read Yesterday, 2nd March 2022, we organized an AMA session with Santi Lopez & Lauri. Below is the AMA transcript: Lauri: Both of you had the same carreer path in the crypto industry? Cristian: Yes, so me and Alex have 90% the same carreer path. The only difference is that I followed the research path while…
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Lessons from the Wormhole Exploit
4 min read TL;DRWormhole didn’t upgrade to the latest version of Solana standard lib, therefore it didn’t check stuff properly and allowed the attacker to bypass the signature verification process, thus stealing around $300M worth of ETH from the Wormhole Bridge. I finally had some spare time this weekend and decided to do a full dive…
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AMA Recap: OMNIA Protocol & Safelaunch
8 min read Last week, on 18 of March 2022, we organized an AMA session with the Safelaunchers. Here is the AMA transcript: Isaaac Essuman Hey Safelaunchers 🚀🚀, Hope y’all doing great today? Today’s AMA is going to be very informative and also if you want to learn more about Omnia Protocol and grab a share…
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What is a Mixnet?
2 min read The OMNIA Protocol will provide the means that will allow for blockchain transactions while remaining confidential in both the content and the metadata (i.e., date, time) of the transaction. The technology that can do that is called a mix-net. How does mix-net work? Imagine you have just made an NFT minting request…
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How has the OMNIA team progressed so far?
3 min read As we passed 2021 and we are in the first months of 2022, we want to report on what we have achieved in the past year. After months of hard work alongside your generous support, we have achieved much and hope to continue delivering you good news as time goes by. In…
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What’s the difference between OMNIA vs. basic blockchain nodes?
3 min read As blockchain technology and cryptocurrencies continue taking the world by storm, we are slowly laying building blocks to a future of complete decentralization. And yet, it is still a reality that one centralized entity controls a large portion of the blockchain: AWS holds around 61.6 percent of Ethereum nodes and even controls 32 percent…
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Critical privacy vulnerability — getting exposed by MetaMask
8 min read Lately, I’ve been spending time with my team, researching different NFT airdrop scenarios, and we’ve stumbled upon a pretty dark use case that can compromise the privacy of more than 21 million people — all MetaMask users. It’s quite a potent scenario, too, as it has the potential to be eight times…