OKCash — Your own bank in your own living room!
OKCash is a Proof of Stake (PoS) cryptocurrency that gives a fixed percentage of income per year (Presently 20%, and in January it halves to 10%) as a stake. You receive the income throughout the year (Almost daily). This means you will get your Stake (income/reward) after a certain amount of time, determined by your “weight” in the blockchain. If you are familiar with other cryptocurrencies, your weight can be seen as if it was your hashing power. The more weight you have, as determined by the amount of OKCash you have in your wallet, the bigger the income (since the income is a fixed %) and the more often you get your stake. Example: If you have 10,000 OKCash in your wallet and you don’t touch it at all for a whole year, you will have 11,000 OK (10,000 […]
