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Okcash

Merry Christmas from Okcash: A Journey Through 2023 and the Exciting Prospects of 2024

Okcash extends the warmest Christmas greetings to the dedicated OK community as the festive season unfolds its magic. Reflecting on 2023, we witnessed Okcash's incredible fundamentals, innovation, and resilience growth. As we stand on the threshold of 2024, let's embark on a retrospective voyage through the past year and look ahead to the thrilling opportunities that await.2023: Laying the Groundwork for SuccessThe journey through 2023 was one of strategic expansion and consolidation. While still flying under the mainstream radar, the organic growth and strengthening of OK core fundamentals have set a robust foundation for broader recognition and adoption.2023 has been a year of perseverance, unity, and progress for Okcash. It survived and thrived over the bear market, the Fantom network multichain bridges exploit, the Kyberswap exploits, and the closing of the Bittrex exchange testing OK resilience. OK's journey has been an […]

OK December 23, 2023

Okcash

Understanding Okcash Blockchain Halvings: Ensuring Long-term Value and Scarcity

The Okcash blockchain operates on a principle that ensures its currency’s long-term value and scarcity — the halving event. This concept, crucial to the Okcash ecosystem, is designed to create a deflationary economic model akin to gold or Bitcoin. Let’s delve into the mechanics of Okcash blockchain halvings and understand their significance.What is a Block Halving Event?A block-halving event in the Okcash blockchain is a periodic process that reduces the number of Okcash coins (OK) awarded to stakers for each new block created. Initially, the reward was 2000 OK coins per block by Proof of Work (PoW) mining, but after the 33,186th block, the system evolved into Long-Term Sustainable Staking (LTSS) Proof of Stake (PoS), leading to scheduled halvings. Halvings occur approximately every 1, 2, and 10 years, based on a calculation of 501,257 blocks per year, continuing until the block 27,589,135 (around […]

OK December 23, 2023

Okcash

OK Users Rejoice: The Okcash users are eligible for the Amazing Arbitrum Airdrop

If you’re an OK user, you’re in for a treat. Since January 2023, OK has been integrated with the Arbitrum network, a layer 2 scaling solution for Ethereum that provides faster and cheaper transactions. And with the upcoming Arbitrum airdrop on March 23, 2023, Okcash users that use OK on Arbitrum can benefit from this exciting development.The Arbitrum network has been making waves in the cryptocurrency world since its launch. Offering faster and cheaper transactions opens up new possibilities for decentralized finance (DeFi) and decentralized applications (dApps). And with the airdrop on the horizon, it’s giving back to the community in a big way.The airdrop will distribute over 1 billion tokens to more than 600,000 wallet addresses. The Okcash users who use OK on the Arbitrum network with their wallets are eligible to receive a share of the tokens; This […]

OK March 19, 2023

Okcash

The Fallacy of Token Creation: Why We Should Focus on Improving Existing Altcoins and Tokens…

As the world of cryptocurrency continues to evolve, one thing remains constant: the creation of new tokens. While this may seem like a positive development, it is actually a waste of energy and effort that could be better spent improving and growing existing altcoins.Satoshi Nakamoto, the creator of Bitcoin, did not intend for there to be an endless stream of new tokens. He envisioned a future where cryptocurrencies were widely adopted, with existing coins being improved and refined to meet the demands of a growing user base.The reality, however, is that many new tokens are created each year, with most of them having little to no real-world use cases. Instead, they only dilute the market and confuse investors trying to make informed decisions.Instead of creating new tokens, we should focus on improving and growing the existing altcoins; this would make […]

OK February 17, 2023

Okcash

How Okcash Decentralized Self-Custody Staking Model Can Thrive Amidst SEC Crackdowns

The US Securities and Exchange Commission’s (SEC) recent crackdown on staking has been a cause of concern for many crypto exchanges and investors. However, Okcash has a unique advantage in this regard, thanks to its decentralized self-custody staking model.Unlike other staking services that may be centralized and require users to delegate their coins to a third party, Okcash allows users to retain complete control of their coins while still earning rewards through self-custody staking. This makes it virtually impossible to be censored or restricted, even in the face of SEC crackdowns.The SEC has repeatedly stated that most digital tokens are securities and should be subject to its rules. This has led several major crypto exchanges, including Kraken, to face charges for failing to register their staking programs. Okcash is not vulnerable to these charges as it does not fall under […]

OK February 13, 2023

Okcash

1 Click Instant Sync for the OK Blockchain | Released

Get ready to use the new 1 Click Instant Sync for the OK Blockchain, a new 1 Click Okcash sync installer that makes the first time syncing of the OK wallets easier and faster than ever.Now it’s easier than ever to use Okcash [OK]It is as simple as: Click, sync, and be ready to use.With just 1 Click, users, traders, apps and developers can Sync the OK Blockchain and be ready to use their new OK wallets, without the need of any further action from the user, increasing the accessibility and ease of access for the OK network / environment.Today, we’re excited to share the 1 Click Instant Sync for the OK Blockchain installer — available for Windows and Linux users.Here’s how it works[AUTOMATIC: How to] 1 Click Instant Sync [Windows]Just need to download and install: 1Click_Instant_Sync_OK_windows.exeThe installation will download and uncompress in […]

OK December 1, 2022

Okcash

OK [Wrapped Okcash BSC] is now listed at Bubblemaps

$OK is now listed at Bubblemaps.io — The first supply auditing tool for DeFi tokens and NFTs. Their unique and colorful bubbles make on-chain data easy to understand; helps user investigate wallets, reveal connections, and see through the noise of blockchain data.This integration helps increment even more the transparency and trust into $OK as it audits the supply constantly and it represents it in a real easy way to access and understand in a bubbles map.OK [Wrapped Okcash BSC] Bubblemaps:https://app.bubblemaps.io/bsc/token/0x523821d20a283d955f6205B4C9252779Cd0f964BHow Does It Work?The project Bubblemaps, the supply auditing tool for DeFi tokens and NFTs, creates colorful bubbles allowing users to easily see connections between different crypto wallets. If the wallets holding the biggest shares of the project’s tokens are closely linked to each other, it is a suspicious sign.Namely, there is a risk that a whale investor splits its tokens between connected wallets […]

OK October 26, 2022

Okcash

Okcashblockhalf.com update — Okcash halving information and stats

What is a block halving event?As part of Okcash’s coin issuance, miners/stakers are rewarded a certain amount of Okcash coins whenever a block is produced (approximately every 69 seconds).Visit Okcashblockhalf.com to learn more and check different OK stats.When Okcash first started, 2000 OK coins per block were given as a reward to PoW miners. After the block number 33,186 PoW evolved to LTSS PoS and halvings have been ocurring at different time schedules taking in consideration 501,257 blocks per year, the block reward halves and will keep on halving until the block 27,589,135 (approximately by year 2070).  As of now, the block reward is under the LTSS PoSv2 system at a rate of 22% per year [Variable block reward + variable network growth by net staking percentage] and will decrease and evolve to LTSS PoSv3hybrid after next halving with reward of 5.8 […]

OK March 12, 2021

Okcash

Okcash is now listed on the VCC Exchange with BTC/OK pairs

okcash @ vcc exchangeOkcash is now listed on the VCC Exchange, expanding the adoption and empowering more users with speed and efficacy.VCC Exchange is a Singapore-based digital asset exchange focusing on blockchain.VCC Exchange core competencies are heavily geared towards technology and user experience. We are users too, and we aim to provide you with a credible and transparent exchange, where users can actually trust and use in a long-run, not short-term usage.With that in mind, as VCC grow, the role of VCC is not limited to a trading platform, but also blockchain startup crowdfunding, including IEO and incubation programs.OK/BTC Market at VCC Exchange:https://vcc.exchange/exchange/basic?currency=btc&coin=okLearn more about VCC Exchange:https://www.vcc.exchange/Learn more about Okcash:https://okcash.co/About VCC ExchangeOn September 18, 2019, VCC Exchange successfully led the Dialogue on Legal framework for Blockchain-based applications in Vietnam, hosted by Ministry of Justice and Hanoi Youth Union. The dialogue encouraged open discussion […]

OK January 12, 2020

Okcash

Happy 5th Birthday Okcash and Crypto Fam!

Okcash 5th BirthdayOn November 24 2019: The Okcash ecosystem turns 5 years old! The chain continues to work and getting improved over time while running strong and perfectly staking over this 5 years!To celebrate, the community will hold rains, soaks, games and giveaways over OK Bitcoin Discord https://discord.io/cryptocurrency .Join and don't miss out on this special day!There has been 241,371 OK Addresses created so far!With 26,866 Addresses holding OK coins and it just keeps growing!OK trades in more than 17 different exchanges worldwide and has become one of the most reliable cryptocurrencies by far, while it has remained in the underground from a marketing standpoint, the focus of the currency and community has been to grow the infrastructure and organic adoption of the ecosystem.OK is one of the fastest and most efficient and energy friendly chains you can use, try it out!You […]

OK November 23, 2019

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