🆗[ANN]Okcash[OK] ✅OK v8 OK Heroes ✅Trust Wallet ✅9 networks ✅multi-chain ✅web3

[OKorator]

Working to get hte pool back in operation. Don't know why, the manager of it didn't understand well that we wanted to renew all and paid for it.

Anyway will let you guys know as soon as I have feedback.

Thanks for the update Valkir!

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[OKtoshi]

New OKCash Faucets added

https://twitter.com/BitcoinAntani/status/731786787954294784

http://bitcoingarden.tk/forum/index.php?topic=4643.msg113334#msg113334

[cevirmen]

Why does wallet use too much memory and cpu while staking?

My computer heats up too much, and wallet nearly freezes and responds late when I stake.

Will it be solved on the next wallet version?

[OKorator]

Why does wallet use too much memory and cpu while staking?

My computer heats up too much, and wallet nearly freezes and responds late when I stake.

Will it be solved on the next wallet version?

Hmmm, that sounds very strange.  I use an uber old laptop and other than it being slow, runs fine.  Could you send me some basic specs of your computer?

*** or join us on slack and we can chat about it

Okcash.herokuapp.com

[Varvarin]

Thank you @Varvarin and @OKorator. I've done your steps. Let's see if I have more luck going forward.

Little update on staking .. in general.

Here is a quote from ZeitCoin guys: applies to all (regular) PoS coins.

ZEIT Interest Calculations

original post for 25%:
https://bitcointalk.org/index.php?topic=487814.msg9439264#msg9439264

Updated for 15%

Current rate is 15% per year (365 days)
Which Breaks down to % 0.0410958904109589  per day, and the earliest you can stake is 20 days,
20 days * 0.0410958904109589 = 0.821917808219178

So if you have 10,000 coins in a block and it stakes right at 20 days
10,000 coins*0.821917808219178% = 82.1917808219178

But if that Block of 10,000 coins does not stake til the 25th day then your numbers are
25 days * 0.0410958904109589 = 1.027397260273973

10,000 coins*1.027397260273973% = 102.7397260273973

If all of your coins stake at 20 days the interest amount seems lower , but it will stake more times in the year and compound interest will be included in the 2nd and beyond stakes increasing the final amount.

 

 P.S.
Write down the amount that is being mined and calculate the days since received and you should be able to compare calculations with amount received.
This is a rough estimate, You would have to Calculate by Hours & Minutes to get an exact match instead of days.

In essence, one does not lose stake by having less coins in wallet, just has to wait longer to receive more coins per stake.

Saying that, if you want constant staking, keep blocks above 1500 coins. Lower than 1500 and it may take days, or 20 to stake.

[OKorator]

Thanks Varvarin that's a very helpful post!

[OKtoshi]

Bitsquare welcomes OKCash

OKCash integration to BitSquare - The Decentralized Bitcoin Exchange



OKCash is getting integrated in the coming release/update for Bitsquare

Visit the Bitsquare website at: https://bitsquare.io/

What is Bitsquare?

Bitsquare is built for those who:

    Want to exchange a national currency such as dollars, euros, or yen for bitcoin.
    Want to exchange a wide range of alternative crypto currencies for bitcoin.
    Do not want to trust any exchange for holding your funds.
    Do not want to forfeit control or privacy to a central authority in order to trade with other individuals.
    Regard financial transactions as a form of private speech that should be protected from surveillance by banks, governments, and other institutions.

Bitsquare is designed to be:

    Decentralized – there is no single point of failure.
    Safe – Bitsquare never holds your funds.
    Instantly accessible – no need for approval from a central authority.
    Private -no one except trading partners exchange personally identifying data.
    Open – every aspect of the project is transparent.
    Easy – we take usability seriously.

Philosophy

Exchanges play a critical role in the bitcoin ecosystem. Without them, it would be nearly impossible to buy or sell bitcoins for euros, dollars, yen or yuan. Bitcoin would be a market without liquidity; bitcoin would be worthless.

Satoshi Nakamoto created Bitcoin with the motivation to solve the problems of centralized payment systems so it seems inconsistent that centralized Bitcoin exchanges are still the primary way to acquire bitcoins. In our opinion the dominance and vulnerability of centralized exchanges is the Achilles heel in the current Bitcoin ecosystem.

There have been many discussions in the forums about how to build a pure P2P based solution but there is still no real decentralized bitcoin exchange available yet.

That’s where Bitsquare comes in.

We have developed a solution which is based on pure P2P infrastructure. While the transfer of national currency requires the involvement of traditional payment channels like banks or payment processors, we are not dependent on any particular one. Their role is limited to what it should be: They transfer national currency. No power of censoring, confiscating, monitoring or controlling your financial interaction.

To keep reading about the Philosophy of Bitsquare, and how we solve the involved challenges to make it secure and easy to use please read our White Paper:

» Download the Bitsquare White Paper

Further Reading:

    Bitcoin: A Peer-to-Peer Electronic Cash System by Satoshi Nakamoto
    Bitcoin open source implementation of P2P currency by Satoshi Nakamoto
    The Future of Bitcoin Exchanges by Richard Myers
    Eliminating Bitcoin’s Weaklest Link by Chris Beams
    Shelling Out — The Origins of Money by Nick Szabo
    A New Kind of Social Ordering: Self-Sovereignty, Autonomous Trust and P2P Parity by John Clippinger

[menaboy]

Awesome news! More exposure for OK, is OK with me!

[OKorator]

This is an amazing addition for OK, please read up on bitsquare.io they've got a great project rolling here!

[OKorator]

05/19/2016 10:33:51 AM will be remembered in infamy. But that's another 1million place in strong hands

[Varvarin]

05/19/2016 10:33:51 AM will be remembered in infamy. But that's another 1million place in strong hands

Look what you've done now Mr Impatient ....

but I really regret not having any order at 400lvl to get some OK

... can we like agree on a dump time or something? I don't like feeling left out and neither do my friends  

Beavering away at work for another 3 weeks before I quit employment, stuff to do, I can't keep an eye ... but should have had orders in .. my bad .. next time

[OKorator]

05/19/2016 10:33:51 AM will be remembered in infamy. But that's another 1million place in strong hands

Look what you've done now Mr Impatient ....

but I really regret not having any order at 400lvl to get some OK

... can we like agree on a dump time or something? I don't like feeling left out and neither do my friends  

Beavering away at work for another 3 weeks before I quit employment, stuff to do, I can't keep an eye ... but should have had orders in .. my bad .. next time

Haha

Congrats on leaving the job! I've got 1 week 1 day left myself at my current one!

[Varvarin]

..
Haha

Congrats on leaving the job! I've got 1 week 1 day left myself at my current one!

Right back at ya

Past 2.5 years it has been really hard to care about work. Tried using the wages to fund crypto projects and same old story, every time. Just comes a point when one thinks, "you know what? .. let me show you how it's done ... "

I am sure many people told Gavin Andersen in 2011 when he left Google for BTC .. "you mad bro" .. but he's laughing now 

[OKorator]

..
Haha

Congrats on leaving the job! I've got 1 week 1 day left myself at my current one!

Right back at ya

Past 2.5 years it has been really hard to care about work. Tried using the wages to fund crypto projects and same old story, every time. Just comes a point when one thinks, "you know what? .. let me show you how it's done ... "

I am sure many people told Gavin Andersen in 2011 when he left Google for BTC .. "you mad bro" .. but he's laughing now 

There's a fine line between genius and crazy, and I choose to walk it every day! 

[Varvarin]

...

There's a fine line between genius and insanity, and I choose to walk it every day!  

I like that, also fixed it for you  

Almost everything I have done in past 2.5 years has been against the grain. It has become a confirmation that it's the right thing to do when someone thinks we are nuts.

PIMP Cash? LoL Pimp .. you mad bro    

https://twitter.com/BitcoinRat gave me some ideas:

OKCat?

Coming soon ... (crap ... imgur is down .. imgur is down) ... I blame the cat with the cheeseburger .. it's over ...

[OKtoshi]

OK community domain servers and related dns and services are getting upgraded

We are moving the okcash.co related sites/dns to new servers, in case you visit the website or related subdomain addresses and seems 404, just do a control F5 or visit again in the next minutes.

This update will improve the speed and security of the website and related dns services, same way the new restructure will allow us to continue to grow the domain in a decentralized way as we have been doing it so far.

[OK subdomains redirect to 3rd party services maintained by their creators and/or communities]

This ensures promotion for the 3rd party sites as well as more resilience to the network as a whole as they are not dependent of the core.
After everything gets ready we should be updating the OK website with new info/details that come with it.

Thanks everyone for your support, we continue to improve and inspire thanks to everyone's feedback and participation.

P.S: Loved the OK cat  

[OKorator]

These cat pics are awesome, and that's coming from a dog guy 

Great job oktoshi on the okcash website overhaul!  It was a rebuild from scratch to make it open source, and another great contribution!

[OKtoshi]

OK Medium - Update link

Servers/DNS upgrades complete.

Because Server upgrades are incomplete without full site upgrades.

New OKCash Community website Rebuilt from scratch, Redesigned and Converted to OpenSource

The community can participate and/or download and start your own OKCash.co mirror site, or just invite your friends to learn more about OK on the new Website.

Now everyone can be part of the making and push their commits and/or suggestions to the git.

We should start rolling the site with the different languages it supports in the coming days,
same way by being open source, the translation process for the rest of the languages will
be way easier and friendly, so we can expect a lot of languages integrated in the near future.

Files Distribution is now powered by dropbox.com secure encrypted files services

OK Community site:  http://okcash.co
OK Public Community site Github: https://github.com/okcashpro/okcash.co.website

New OK Site screens

Visit the new Website, learn more about OKCash and get Empowered Today.

[Varvarin]

The new site is ... orgasmic ... not even kidding

That's pretty much how my site will look when it gets built soon(ish) .. hell even the font.

... are you sure we weren't separated at birth OKtoshi?  

Worakls - Toi (Original Mix)  -- https://www.youtube.com/watch?v=Pz29ToCtd1U this tune is OK, quiet unassuming brilliance ...  

[OKorator]

Pardon the interruption into the good news train...

Polo has posted that they will be removing 9 coins soon. Seems like then they could be replacing them with new ones.

If you haven't already please contact Polo and please request OKcash be added.


https://poloniex.com/coinReq