State of the OMG Ecosystem. In this blog post, the team attempts to summarize the different elements of OmiseGO and the OMG ecosystem, captures key developments over the past months and provides some information on where they’re going . It might seem like a repeat of the Official Guide, but this is more succinct and offers updates. Additionally, they included an updated roadmap with key milestones. And they’ve been working with community members as well on the OMG project tracker to track progress on a smaller timescale.

Major Milestone Progression. Source: OmiseGo blog.

2018 in review:

January 2018

The first Plasma minimum viable product technical specification is announced and the Proof-of-Concept (PoC) is created and iterated upon.

February 2018

eWallet Suite repo is made public! Read here.

March 2018

OmiseGO announces a donation of $1m USD equivalent in OMG to GiveDirectly, an organization that provides aid to populations living in extreme poverty in the form of direct cash transfers to individuals — and with it their intention to explore the possibilities of using crypto to support these and other efforts to help the poor.

Plasma Cash, a Plasma construction is proposed as a scalability option that turns fungible assets into unique “coins” on the root chain. This increases security and usability but adds a new challenge as well: it requires each coin’s entire history to be tracked, which involves storing and transmitting a tremendous amount of data. Reducing history size to make increase the viability of Plasma Cash is a subject of ongoing research.

April 2018

The eWallet Suite (SDK) is publicly released (Sente on the roadmap).

OmiseGO announces MoU with Shinhan Card to further advance Shinhan Card’s digital offerings across its portfolio of payment services and mobile application in today’s growing mobile payments market.

May 2018

OmiseGO creates a PoC to explore the details of how the improvements of Plasma (Cash) can be incorporated into the OMG protocol.

June 2018

Neutrino, the blockchain co-working and community space, an initiative of OmiseGO, launches in Japan and Singapore.

July 2018

eWallet SDK comes out of beta with the 1.0.0-pre0 release.

OmiseGO and Status announce technical partnership. Status plans to leverage the OMG DEX by integrating the OMG Software Development Kit (SDK) into their native wallet, allowing us to test out early implementations of the SDK and DEX on a powerful decentralized platform. Read more about the collaboration here.

August 2018

The OMG Network repo becomes public, including instructions for anyone who would like to download the child chain server and watcher (software which monitors the behavior of the Plasma chain and root chain). Read more here.

September 2018

OmiseGO shares their DEX design and approach with the public.

October 2018

Omise Holdings announces that it has raised an undisclosed amount of funding from Japan’s largest private venture capital firm, Global Brain, with participation from 31 VENTURES, CVC arm of Mitsui Fudosan and returning Indonesian venture capital, SMDV. Funding is allocated to OmiseGO as well.

Quantstamp completes audit of OmiseGO’s MVP implementation.

November 2018

Devcon4, the biggest Ethereum gathering of the year takes place in Prague with around 3,000 attendees — representatives of hundreds of projects as well as many thought leaders and independent developers. This year’s conference was particularly energizing and productive; the community was more enthusiastic and hopeful than ever.

OmiseGO’s internal testnet is announced to the public and tested for the first time via Hoard Exchange’s Plasma Dog game at Devcon 4. The game is built on Tesuji Plasma (a milestone), which is the first release of the OMG Network and the first implementation of plasma by OmiseGO. Tesuji Plasma’s design is based on Minimal Viable Plasma (MVP).

Read more about Hoard’s experience working with the testnet here.

OmiseGO announces partnership with MVLchain, the mobility blockchain protocol behind TADA, Singapore’s first blockchain ride-hailing service. The partnership is to develop a POC to verify the suitability and performance of the OMG Network for TADA’s data record-keeping system.

December 2018

Minimal Viable Plasma testnet is being redeployed following a rebuild. Once all the feature development is completed for MoreVP, the testnet will be upgraded to MoreVP. This is the version that, once OmiseGO is satisfied with it, goes on to become the public testnet. On Plasma, read more here and here, and follow the team as they advance towards external testnet.

eWallet version 1.1 is right around the corner. Version 1.1 contains key features needed to begin integrating the eWallet with Ethereum and later plasma, as well as added functionality and user experience improvements. Keep an eye on the eWallet waffle board or the eWallet v1.1 tracker.