OkCash

Overview of OkCash

OKCash does not present such issues: the coin has been trading since Nov 2014 and the community continues to grow in all aspects, on social networks, in markets, in use, and with its in-house dedicated Dev it’s been building a solid decentralized infrastructure that’s directly reflected in the coin’s efficiency and speed.

Okcash stakers are neither able to cheat by increasing their own reward nor process fraudulent transactions that could corrupt the OK network because all Okcash nodes would reject any block that contains invalid data as per the rules of the Okcash protocol.

Okcash stakers perform this work because they can earn transaction fees paid by users for faster transaction processing, and newly created OK coins issued into existence according to a fixed formula.

OKCash and other Scrypt coins can typically only be mined profitably with a piece of specialized mining hardware called an ASIC, which stands for application-specific integrated circuit.

OKCash (OK) – The Open-Source and Decentralized Proof-of-Stake Bitcoin

OKCash (OK) is a hybrid cryptocurrency that has evolved to become a full-fledged Proof-of-Stake (PoS) system.

OkCash is an intuitive peer-to-peer electronic cash transaction system built to enhance the speed, efficiency, and security working on the principles of decentralization.

OKcash is approaching its 3rd birthday, and is using the moment to share all the great news and projects we have worked on over the year, and what we still have in store!

OKCash price Index provides the latest OK price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.

OKCash (OK) Market Cap Achieves $6.22 Million
Mon, May 3, 2021 3:16 AM
dailypolitical

OKCash (CURRENCY:OK) traded up 2% against the US dollar during the twenty-four hour period ending at 23:00 PM Eastern on May 2nd.

Blockchain

Even the Branding process update was neat and easy for its users, showing once again its dedication to functionality and ease of use.OKCash is one of a handful of coins that has not presented any issues with its blockchain, working perfectly since the day it was released.

Mine

Network

Support

There are probably many cases where it can make your life easier.Using OK is the first thing you can do to support Okcash.You can accept payments and make purchases with Okcash.

Transactions

Hasn’t Okcash been hacked in the past?

The rules of the protocol and the cryptography used for Okcash are still working years after its inception, which is a good indication that the concept is well designed.The rules of the protocol and the cryptography used for Okcash are still working years after its inception, which is a good indication that the concept is well designed.However, security flaws have been found and fixed over time in various software implementations.However, security flaws have been found and fixed over time in various software implementations.Like any other form of software, the security of Okcash software depends on the speed with which problems are found and fixed.Like any other form of software, the security of Okcash software depends on the speed with which problems are found and fixed.The more such issues are discovered, the more Okcash is gaining maturity.The more such issues are discovered, the more Okcash is gaining maturity.There are often misconceptions about thefts and security breaches that happened on diverse exchanges and businesses.There are often misconceptions about thefts and security breaches that happened on diverse exchanges and businesses.Although these events are unfortunate, none of them involve Okcash itself being hacked, nor imply inherent flaws in Okcash; just like a bank robbery doesn’t mean that the dollar is compromised.Although these events are unfortunate, none of them involve Okcash itself being hacked, nor imply inherent flaws in Okcash; just like a bank robbery doesn’t mean that the dollar is compromised.However, it is accurate to say that a complete set of good practices and intuitive security solutions is needed to give users better protection of their money, and to reduce the general risk of theft and loss.However, it is accurate to say that a complete set of good practices and intuitive security solutions is needed to give users better protection of their money, and to reduce the general risk of theft and loss.Over the course of the last few years, such security features have quickly developed, such as wallet encryption, offline wallets, multi-signature transactions and hardware wallets.Over the course of the last few years, such security features have quickly developed, such as wallet encryption, offline wallets, multi-signature transactions and hardware wallets.

Is Okcash vulnerable to quantum computing?

Yes, most systems relying on cryptography in general are, including Bitcoin and traditional banking systems.Yes, most systems relying on cryptography in general are, including Bitcoin and traditional banking systems.Yes, most systems relying on cryptography in general are, including Bitcoin and traditional banking systems.However, quantum computers don’t yet exist and probably won’t for a while.However, quantum computers don’t yet exist and probably won’t for a while.However, quantum computers don’t yet exist and probably won’t for a while.In the event that quantum computing could be an imminent threat to Okcash, the protocol could be upgraded to use post-quantum algorithms.In the event that quantum computing could be an imminent threat to Okcash, the protocol could be upgraded to use post-quantum algorithms.In the event that quantum computing could be an imminent threat to Okcash, the protocol could be upgraded to use post-quantum algorithms.Given the importance that this update would have, it can be safely expected that it would be highly reviewed by developers and adopted by all OK users.Given the importance that this update would have, it can be safely expected that it would be highly reviewed by developers and adopted by all OK users.Given the importance that this update would have, it can be safely expected that it would be highly reviewed by developers and adopted by all OK users.

How to find new cryptocurrency projects?

One of the biggest challenges in the crypto space is to find the right projects at the right time.There are hundreds of projects launched…

Can I make money with Okcash?

You should never expect to get rich with Okcash or any emerging technology.You should never expect to get rich with Okcash or any emerging technology.You should never expect to get rich with Okcash or any emerging technology.It is always important to be wary of anything that sounds too good to be true or disobeys basic economic rules.It is always important to be wary of anything that sounds too good to be true or disobeys basic economic rules.It is always important to be wary of anything that sounds too good to be true or disobeys basic economic rules.Okcash is a growing space of sustainable and energy friendly innovation and there are business opportunities that also include risks.Okcash is a growing space of sustainable and energy friendly innovation and there are business opportunities that also include risks.Okcash is a growing space of sustainable and energy friendly innovation and there are business opportunities that also include risks.There is no guarantee that Okcash will continue to grow even though it has developed at a very fast rate so far.There is no guarantee that Okcash will continue to grow even though it has developed at a very fast rate so far.There is no guarantee that Okcash will continue to grow even though it has developed at a very fast rate so far.Investing time and resources on anything related to Okcash requires entrepreneurship.Investing time and resources on anything related to Okcash requires entrepreneurship.Investing time and resources on anything related to Okcash requires entrepreneurship.There are various ways to make money with Okcash such as staking, speculation or running new businesses.There are various ways to make money with Okcash such as staking, speculation or running new businesses.There are various ways to make money with Okcash such as staking, speculation or running new businesses.All of these methods are competitive and there is no guarantee of profit.All of these methods are competitive and there is no guarantee of profit.All of these methods are competitive and there is no guarantee of profit.It is up to each individual to make a proper evaluation of the costs and the risks involved in any such project.It is up to each individual to make a proper evaluation of the costs and the risks involved in any such project.It is up to each individual to make a proper evaluation of the costs and the risks involved in any such project.

Can I make money with Okcash?

You should never expect to get rich with Okcash or any emerging technology.You should never expect to get rich with Okcash or any emerging technology.It is always important to be wary of anything that sounds too good to be true or disobeys basic economic rules.It is always important to be wary of anything that sounds too good to be true or disobeys basic economic rules.Okcash is a growing space of sustainable and energy friendly innovation and there are business opportunities that also include risks.Okcash is a growing space of sustainable and energy friendly innovation and there are business opportunities that also include risks.There is no guarantee that Okcash will continue to grow even though it has developed at a very fast rate so far.There is no guarantee that Okcash will continue to grow even though it has developed at a very fast rate so far.Investing time and resources on anything related to Okcash requires entrepreneurship.Investing time and resources on anything related to Okcash requires entrepreneurship.There are various ways to make money with Okcash such as staking, speculation or running new businesses.There are various ways to make money with Okcash such as staking, speculation or running new businesses.All of these methods are competitive and there is no guarantee of profit.All of these methods are competitive and there is no guarantee of profit.It is up to each individual to make a proper evaluation of the costs and the risks involved in any such project.It is up to each individual to make a proper evaluation of the costs and the risks involved in any such project.

Hasn’t Okcash been hacked in the past?

The rules of the protocol and the cryptography used for Okcash are still working years after its inception, which is a good indication that the concept is well designed.The rules of the protocol and the cryptography used for Okcash are still working years after its inception, which is a good indication that the concept is well designed.The rules of the protocol and the cryptography used for Okcash are still working years after its inception, which is a good indication that the concept is well designed.However, security flaws have been found and fixed over time in various software implementations.However, security flaws have been found and fixed over time in various software implementations.However, security flaws have been found and fixed over time in various software implementations.Like any other form of software, the security of Okcash software depends on the speed with which problems are found and fixed.Like any other form of software, the security of Okcash software depends on the speed with which problems are found and fixed.Like any other form of software, the security of Okcash software depends on the speed with which problems are found and fixed.The more such issues are discovered, the more Okcash is gaining maturity.The more such issues are discovered, the more Okcash is gaining maturity.The more such issues are discovered, the more Okcash is gaining maturity.There are often misconceptions about thefts and security breaches that happened on diverse exchanges and businesses.There are often misconceptions about thefts and security breaches that happened on diverse exchanges and businesses.There are often misconceptions about thefts and security breaches that happened on diverse exchanges and businesses.Although these events are unfortunate, none of them involve Okcash itself being hacked, nor imply inherent flaws in Okcash; just like a bank robbery doesn’t mean that the dollar is compromised.Although these events are unfortunate, none of them involve Okcash itself being hacked, nor imply inherent flaws in Okcash; just like a bank robbery doesn’t mean that the dollar is compromised.Although these events are unfortunate, none of them involve Okcash itself being hacked, nor imply inherent flaws in Okcash; just like a bank robbery doesn’t mean that the dollar is compromised.However, it is accurate to say that a complete set of good practices and intuitive security solutions is needed to give users better protection of their money, and to reduce the general risk of theft and loss.However, it is accurate to say that a complete set of good practices and intuitive security solutions is needed to give users better protection of their money, and to reduce the general risk of theft and loss.However, it is accurate to say that a complete set of good practices and intuitive security solutions is needed to give users better protection of their money, and to reduce the general risk of theft and loss.Over the course of the last few years, such security features have quickly developed, such as wallet encryption, offline wallets, multi-signature transactions and hardware wallets.Over the course of the last few years, such security features have quickly developed, such as wallet encryption, offline wallets, multi-signature transactions and hardware wallets.Over the course of the last few years, such security features have quickly developed, such as wallet encryption, offline wallets, multi-signature transactions and hardware wallets.

Is Okcash legal?

To the best of our knowledge, Okcash has not been made illegal by legislation in most jurisdictions.To the best of our knowledge, Okcash has not been made illegal by legislation in most jurisdictions.However, some jurisdictions (such as Argentina and Russia) severely restrict or ban foreign currencies.However, some jurisdictions (such as Argentina and Russia) severely restrict or ban foreign currencies.Other jurisdictions (such as Thailand) may limit the licensing of certain entities such as Bitcoin and Cryptocurrency exchanges.Other jurisdictions (such as Thailand) may limit the licensing of certain entities such as Bitcoin and Cryptocurrency exchanges.Regulators from various jurisdictions are taking steps to provide individuals and businesses with rules on how to integrate this new technology with the formal, regulated financial system.Regulators from various jurisdictions are taking steps to provide individuals and businesses with rules on how to integrate this new technology with the formal, regulated financial system.For example, the Financial Crimes Enforcement Network (FinCEN), a bureau in the United States Treasury Department, issued non-binding guidance on how it characterizes certain activities involving virtual currencies.For example, the Financial Crimes Enforcement Network (FinCEN), a bureau in the United States Treasury Department, issued non-binding guidance on how it characterizes certain activities involving virtual currencies.

What about Okcash and consumer protection?

Okcash is freeing people to transact on their own terms.Okcash is freeing people to transact on their own terms.Each user can send and receive payments in a similar way to cash but they can also take part in more complex contracts.Each user can send and receive payments in a similar way to cash but they can also take part in more complex contracts.Multiple signatures allow a transaction to be accepted by the network only if a certain number of a defined group of persons agree to sign the transaction.Multiple signatures allow a transaction to be accepted by the network only if a certain number of a defined group of persons agree to sign the transaction.This allows innovative dispute mediation services to be developed in the future.This allows innovative dispute mediation services to be developed in the future.Such services could allow a third party to approve or reject a transaction in case of disagreement between the other parties without having control on their money.Such services could allow a third party to approve or reject a transaction in case of disagreement between the other parties without having control on their money.As opposed to cash and other payment methods, Okcash always leaves a public proof that a transaction did take place, which can potentially be used in a recourse against businesses with fraudulent practices.As opposed to cash and other payment methods, Okcash always leaves a public proof that a transaction did take place, which can potentially be used in a recourse against businesses with fraudulent practices.

How does staking help secure Okcash?

Staking creates the equivalent of a competitive lottery that makes it very difficult for anyone to consecutively add new blocks of transactions into the OK block chain.Staking creates the equivalent of a competitive lottery that makes it very difficult for anyone to consecutively add new blocks of transactions into the OK block chain.Staking creates the equivalent of a competitive lottery that makes it very difficult for anyone to consecutively add new blocks of transactions into the OK block chain.This protects the neutrality of the OK network by preventing any individual from gaining the power to block certain transactions.This protects the neutrality of the OK network by preventing any individual from gaining the power to block certain transactions.This protects the neutrality of the OK network by preventing any individual from gaining the power to block certain transactions.This also prevents any individual from replacing parts of the OK block chain to roll back their own spends, which could be used to defraud other users.This also prevents any individual from replacing parts of the OK block chain to roll back their own spends, which could be used to defraud other users.This also prevents any individual from replacing parts of the OK block chain to roll back their own spends, which could be used to defraud other users.Staking makes it exponentially more difficult to reverse a past transaction by requiring the rewriting of all blocks following this transaction.Staking makes it exponentially more difficult to reverse a past transaction by requiring the rewriting of all blocks following this transaction.Staking makes it exponentially more difficult to reverse a past transaction by requiring the rewriting of all blocks following this transaction.

How do I mine OKCash?

OKCash and other Scrypt coins can typically only be mined profitably with a piece of specialized mining hardware called an ASIC, which stands for application-specific integrated circuit.Major manufacturers of ASICs include BitMain (AntMiner), Microbt (Whatsminer), and Canaan (AvalonMiner).ASIC hardware can be purchased directly from the manufacturer or from resellers on Amazon and eBay.

What if I receive a Okcash when my computer is powered off?

This works fine.This works fine.This works fine.The OK coins will appear next time you start your Okcash wallet application.The OK coins will appear next time you start your Okcash wallet application.The OK coins will appear next time you start your Okcash wallet application.The OK coins are not actually received by the software on your computer, they are appended to a public ledger that is shared between all the devices on the OK network.The OK coins are not actually received by the software on your computer, they are appended to a public ledger that is shared between all the devices on the OK network.The OK coins are not actually received by the software on your computer, they are appended to a public ledger that is shared between all the devices on the OK network.If you are sent Okcash when your wallet client program is not running and you later launch it, it will download blocks and catch up with any transactions it did not already know about, and the OK coins will eventually appear as if they were just received in real time.If you are sent Okcash when your wallet client program is not running and you later launch it, it will download blocks and catch up with any transactions it did not already know about, and the OK coins will eventually appear as if they were just received in real time.If you are sent Okcash when your wallet client program is not running and you later launch it, it will download blocks and catch up with any transactions it did not already know about, and the OK coins will eventually appear as if they were just received in real time.Your wallet is only needed when you wish to spend your Okcash.Your wallet is only needed when you wish to spend your Okcash.Your wallet is only needed when you wish to spend your Okcash.

How do I buy OKCash?

It is not possible to buy all cryptocurrencies with U.S.dollars.Bitcoin, Bitcoin Cash, Ethereum, Litecoin and other popular cryptocurrencies can be purchased with U.S.dollars using Coinbase or BlockFi.Once you have purchased Bitcoin using Coinbase, you can then transfer your Bitcoin to an exchange such as Binance to purchase other cryptocurrencies, including OKCash.

How do I get a OKCash address?

Getting a OKCash adress is easier than it looks.For this you will
need to set up a OKCash wallet of your choice.Check out our wallets
section for advice on which type of wallet will suit you best.Once you’ve set up a
wallet, for receiving or sending coins your wallet client will each time generate a
unique OKCash adress.

How to buy Okcash?

The community keeps an updated list of exchanges over okcash.co where you can check the best option for you.

Is Okcash vulnerable to quantum computing?

Yes, most systems relying on cryptography in general are, including Bitcoin and traditional banking systems.Yes, most systems relying on cryptography in general are, including Bitcoin and traditional banking systems.However, quantum computers don’t yet exist and probably won’t for a while.However, quantum computers don’t yet exist and probably won’t for a while.In the event that quantum computing could be an imminent threat to Okcash, the protocol could be upgraded to use post-quantum algorithms.In the event that quantum computing could be an imminent threat to Okcash, the protocol could be upgraded to use post-quantum algorithms.Given the importance that this update would have, it can be safely expected that it would be highly reviewed by developers and adopted by all OK users.Given the importance that this update would have, it can be safely expected that it would be highly reviewed by developers and adopted by all OK users.

What about Okcash and taxes?

Okcash is not a fiat currency with legal tender status in any jurisdiction, but often tax liability accrues regardless of the medium used.Okcash is not a fiat currency with legal tender status in any jurisdiction, but often tax liability accrues regardless of the medium used.Okcash is not a fiat currency with legal tender status in any jurisdiction, but often tax liability accrues regardless of the medium used.There is a wide variety of legislation in many different jurisdictions which could cause income, sales, payroll, capital gains, or some other form of tax liability to arise with Okcash.There is a wide variety of legislation in many different jurisdictions which could cause income, sales, payroll, capital gains, or some other form of tax liability to arise with Okcash.There is a wide variety of legislation in many different jurisdictions which could cause income, sales, payroll, capital gains, or some other form of tax liability to arise with Okcash.

What do I need to start staking?

You only need to have OK coins and stake them in the Okcash wallet or in a staking pool.You only need to have OK coins and stake them in the Okcash wallet or in a staking pool.

What are the other words in which this page can be defined?

Note: This predictions/forecast are done using various different types of Algorithms applied on the historical price of OKCash (OK) .We do not give any guarantee of the same.Avoid using this predictions/forecast for financial investment strategy.

What is Okcash staking?

Staking is the process of spending cpu power to process transactions, secure the network, and keep everyone in the system synchronized together.Staking is the process of spending cpu power to process transactions, secure the network, and keep everyone in the system synchronized together.Staking is the process of spending cpu power to process transactions, secure the network, and keep everyone in the system synchronized together.It can be perceived like the Okcash data center except that it has been designed to be fully decentralized with stakers operating in all countries and no individual having control over the network.It can be perceived like the Okcash data center except that it has been designed to be fully decentralized with stakers operating in all countries and no individual having control over the network.It can be perceived like the Okcash data center except that it has been designed to be fully decentralized with stakers operating in all countries and no individual having control over the network.This process is referred to as “staking” as a cross analogy to Bitcoin mining because it also provides a reward in exchange for useful services required to operate a secure payment network issued in new Okcash (OK coins).This process is referred to as “staking” as a cross analogy to Bitcoin mining because it also provides a reward in exchange for useful services required to operate a secure payment network issued in new Okcash (OK coins).This process is referred to as “staking” as a cross analogy to Bitcoin mining because it also provides a reward in exchange for useful services required to operate a secure payment network issued in new Okcash (OK coins).Unlike Bitcoin mining, however, Okcash staking is energy friendly and more sustainable.Unlike Bitcoin mining, however, Okcash staking is energy friendly and more sustainable.Unlike Bitcoin mining, however, Okcash staking is energy friendly and more sustainable.Staking will still be required after the last Okcash is issued.Staking will still be required after the last Okcash is issued.Staking will still be required after the last Okcash is issued.

How does Okcash staking work?

Anybody can become an Okcash staker by running the Okcash wallet software with some OK coins in the wallet.Anybody can become an Okcash staker by running the Okcash wallet software with some OK coins in the wallet.Anybody can become an Okcash staker by running the Okcash wallet software with some OK coins in the wallet.The OK wallet software listens for transactions broadcast through the peer-to-peer network and performs appropriate tasks to process and confirm these transactions.The OK wallet software listens for transactions broadcast through the peer-to-peer network and performs appropriate tasks to process and confirm these transactions.The OK wallet software listens for transactions broadcast through the peer-to-peer network and performs appropriate tasks to process and confirm these transactions.Okcash stakers perform this work because they can earn transaction fees paid by users for faster transaction processing, and newly created OK coins issued into existence according to a fixed formula.Okcash stakers perform this work because they can earn transaction fees paid by users for faster transaction processing, and newly created OK coins issued into existence according to a fixed formula.Okcash stakers perform this work because they can earn transaction fees paid by users for faster transaction processing, and newly created OK coins issued into existence according to a fixed formula.Okcash stakers are neither able to cheat by increasing their own reward nor process fraudulent transactions that could corrupt the OK network because all Okcash nodes would reject any block that contains invalid data as per the rules of the Okcash protocol.Okcash stakers are neither able to cheat by increasing their own reward nor process fraudulent transactions that could corrupt the OK network because all Okcash nodes would reject any block that contains invalid data as per the rules of the Okcash protocol.Okcash stakers are neither able to cheat by increasing their own reward nor process fraudulent transactions that could corrupt the OK network because all Okcash nodes would reject any block that contains invalid data as per the rules of the Okcash protocol.Consequently, the OK network remains secure even if not all Okcash stakers can be trusted.Consequently, the OK network remains secure even if not all Okcash stakers can be trusted.Consequently, the OK network remains secure even if not all Okcash stakers can be trusted.

How does Okcash staking work?

Anybody can become an Okcash staker by running the Okcash wallet software with some OK coins in the wallet.Anybody can become an Okcash staker by running the Okcash wallet software with some OK coins in the wallet.The OK wallet software listens for transactions broadcast through the peer-to-peer network and performs appropriate tasks to process and confirm these transactions.The OK wallet software listens for transactions broadcast through the peer-to-peer network and performs appropriate tasks to process and confirm these transactions.Okcash stakers perform this work because they can earn transaction fees paid by users for faster transaction processing, and newly created OK coins issued into existence according to a fixed formula.Okcash stakers perform this work because they can earn transaction fees paid by users for faster transaction processing, and newly created OK coins issued into existence according to a fixed formula.Okcash stakers are neither able to cheat by increasing their own reward nor process fraudulent transactions that could corrupt the OK network because all Okcash nodes would reject any block that contains invalid data as per the rules of the Okcash protocol.Okcash stakers are neither able to cheat by increasing their own reward nor process fraudulent transactions that could corrupt the OK network because all Okcash nodes would reject any block that contains invalid data as per the rules of the Okcash protocol.Consequently, the OK network remains secure even if not all Okcash stakers can be trusted.Consequently, the OK network remains secure even if not all Okcash stakers can be trusted.

How does staking help secure Okcash?

Staking creates the equivalent of a competitive lottery that makes it very difficult for anyone to consecutively add new blocks of transactions into the OK block chain.Staking creates the equivalent of a competitive lottery that makes it very difficult for anyone to consecutively add new blocks of transactions into the OK block chain.This protects the neutrality of the OK network by preventing any individual from gaining the power to block certain transactions.This protects the neutrality of the OK network by preventing any individual from gaining the power to block certain transactions.This also prevents any individual from replacing parts of the OK block chain to roll back their own spends, which could be used to defraud other users.This also prevents any individual from replacing parts of the OK block chain to roll back their own spends, which could be used to defraud other users.Staking makes it exponentially more difficult to reverse a past transaction by requiring the rewriting of all blocks following this transaction.Staking makes it exponentially more difficult to reverse a past transaction by requiring the rewriting of all blocks following this transaction.

What hashing algorithm does OKCash use?

OKCash is a proof of work (PoW) and proof of stake (PoS) coin that uses the Scrypt algorithm.

What does “synchronizing” mean and why does it take so long?

Long synchronization time is only required with full node clients like OK Core.Long synchronization time is only required with full node clients like OK Core.Technically speaking, synchronizing is the process of downloading and verifying all previous Okcash transactions on the OK network.Technically speaking, synchronizing is the process of downloading and verifying all previous Okcash transactions on the OK network.For some Okcash clients to calculate the spendable balance of your Okcash wallet and make new transactions, it needs to be aware of all previous transactions.For some Okcash clients to calculate the spendable balance of your Okcash wallet and make new transactions, it needs to be aware of all previous transactions.This step can be resource intensive and requires sufficient bandwidth and storage to accommodate the full size of the OK block chain.This step can be resource intensive and requires sufficient bandwidth and storage to accommodate the full size of the OK block chain.For Okcash to remain secure, enough people should keep using Okcash full node clients because they perform the task of validating and relaying transactions.For Okcash to remain secure, enough people should keep using Okcash full node clients because they perform the task of validating and relaying transactions.

Why choose LiteBit?

We believe in trading crypto the safe, simple and human way.

Where can I get OKCash wallet?

OKCash produces its own wallet software that is available for download on its website, which allows you to store OKCash on your computer.For maximum security, you can store your cryptocurrencies on a dedicated hardware wallet such as a TREZOR wallet or a Ledger Nano X.If you do not wish to buy a hardware wallet, you may consider using a mobile wallet such as Atomic Wallet, Jaxx, or Coinomi to store multiple cryptocurrencies with some added security benefits.

What is OKCash?

The “OK” name got selected to represent the new brand precisely because it reflects properly the coin's goals and attitude.OK is one of only 2 words in the whole world that requires no translation at all to be understood, giving it the potential for mainstream adoption without the hassle of trying to integrate the new name to different cultures.”OK” is understood the whole world over.OK reflects a positive outcome, speed and empathy.Security and user experience are the first thoughts behind any update or code modification.The addition of the word “cash” was made to give it direct inclusion into the financial sector and to communicate the whole concept in a word: “OKCash”.Anybody who hears this word gets an overall concept or general idea of what it is about.OK is the technology while OKCash is the first application of this technology, being the coins we can send or put in our wallets for saving, spending or sharing.OKCash's rebranding was done in April 2015, and since then the OK cryptocurrency has been added to one of the largest cryptocurrency exchanges – Bittrex.This adds to the list of exchanges where the coin is already trading (Bittrex, Bleutrade, Cryptopia ).

How does Okcash work?

From a user perspective, Okcash is nothing more than a computer program or mobile app that provides a personal Okcash wallet and allows a user to send and receive Okcash with them.From a user perspective, Okcash is nothing more than a computer program or mobile app that provides a personal Okcash wallet and allows a user to send and receive Okcash with them.This is how Okcash works for most users.This is how Okcash works for most users.Behind the scenes, the Okcash network is sharing a public ledger called the “OK block chain”.Behind the scenes, the Okcash network is sharing a public ledger called the “OK block chain”.This ledger contains every transaction ever processed, allowing a user’s computer to verify the validity of each transaction.This ledger contains every transaction ever processed, allowing a user’s computer to verify the validity of each transaction.The authenticity of each transaction is protected by digital signatures corresponding to the sending addresses, allowing all users to have full control over sending OK coins from their own Okcash addresses.The authenticity of each transaction is protected by digital signatures corresponding to the sending addresses, allowing all users to have full control over sending OK coins from their own Okcash addresses.In addition, anyone can process transactions using the computing power of their processor and earn a reward in OK coins for this service.In addition, anyone can process transactions using the computing power of their processor and earn a reward in OK coins for this service.This process is often called “staking”.This process is often called “staking”.

What about Okcash and taxes?

Okcash is not a fiat currency with legal tender status in any jurisdiction, but often tax liability accrues regardless of the medium used.Okcash is not a fiat currency with legal tender status in any jurisdiction, but often tax liability accrues regardless of the medium used.There is a wide variety of legislation in many different jurisdictions which could cause income, sales, payroll, capital gains, or some other form of tax liability to arise with Okcash.There is a wide variety of legislation in many different jurisdictions which could cause income, sales, payroll, capital gains, or some other form of tax liability to arise with Okcash.

What coins are similar to OKCash?

The following coins use OKCash’s Scrypt algorithm and proof of work (PoW) and proof of stake (PoS) proof-type: Wrapped Bitcoin, Cosmos, Creditcoin, Venus, Function X, Phantasma, Darwinia Network, mStable USD, StableXSwap, Redd, Nestree, DAOstack, Offshift, ChatCoin and HempCoin.

What is Okcash staking?

Staking is the process of spending cpu power to process transactions, secure the network, and keep everyone in the system synchronized together.Staking is the process of spending cpu power to process transactions, secure the network, and keep everyone in the system synchronized together.It can be perceived like the Okcash data center except that it has been designed to be fully decentralized with stakers operating in all countries and no individual having control over the network.It can be perceived like the Okcash data center except that it has been designed to be fully decentralized with stakers operating in all countries and no individual having control over the network.This process is referred to as “staking” as a cross analogy to Bitcoin mining because it also provides a reward in exchange for useful services required to operate a secure payment network issued in new Okcash (OK coins).This process is referred to as “staking” as a cross analogy to Bitcoin mining because it also provides a reward in exchange for useful services required to operate a secure payment network issued in new Okcash (OK coins).Unlike Bitcoin mining, however, Okcash staking is energy friendly and more sustainable.Unlike Bitcoin mining, however, Okcash staking is energy friendly and more sustainable.Staking will still be required after the last Okcash is issued.Staking will still be required after the last Okcash is issued.

Will OKCash replace / surpass / overtake
Bitcoin?

According to our predictions, this won’t happen in near future.

Why was this done?

Okcash was designed as a deflationary currency.Like gold and Bitcoin, the premise is that over time, the issuance of OK coins will decrease and thus become scarcer over time.As Okcash become scarcer and if demand for them increases over time, Okcash can be used as a hedge against inflation as the price, guided by price equilibrium is bound to increase.On the flip side, fiat currencies (like the US dollar), inflate over time as its monetary supply increases, leading to a decrease in purchasing power.This is known as monetary debasement by inflation.

What if I receive a Okcash when my computer is powered off?

This works fine.This works fine.The OK coins will appear next time you start your Okcash wallet application.The OK coins will appear next time you start your Okcash wallet application.The OK coins are not actually received by the software on your computer, they are appended to a public ledger that is shared between all the devices on the OK network.The OK coins are not actually received by the software on your computer, they are appended to a public ledger that is shared between all the devices on the OK network.If you are sent Okcash when your wallet client program is not running and you later launch it, it will download blocks and catch up with any transactions it did not already know about, and the OK coins will eventually appear as if they were just received in real time.If you are sent Okcash when your wallet client program is not running and you later launch it, it will download blocks and catch up with any transactions it did not already know about, and the OK coins will eventually appear as if they were just received in real time.Your wallet is only needed when you wish to spend your Okcash.Your wallet is only needed when you wish to spend your Okcash.

What is Okcash?

Okcash is an energy friendly consensus network that enables a new payment system and a complete control over your digital cash.Okcash is an energy friendly consensus network that enables a new payment system and a complete control over your digital cash.It is one of the first proof of stake decentralized peer-to-peer payment networks that is powered by its users with no central authority or middlemen.It is one of the first proof of stake decentralized peer-to-peer payment networks that is powered by its users with no central authority or middlemen.From a user perspective, Okcash is pretty much like fast and energry friendly cash for the Internet.From a user perspective, Okcash is pretty much like fast and energry friendly cash for the Internet.Okcash can also be seen as one of the most prominent proof of stake triple entry bookkeeping system in existence.Okcash can also be seen as one of the most prominent proof of stake triple entry bookkeeping system in existence.

How does Okcash work?

From a user perspective, Okcash is nothing more than a computer program or mobile app that provides a personal Okcash wallet and allows a user to send and receive Okcash with them.From a user perspective, Okcash is nothing more than a computer program or mobile app that provides a personal Okcash wallet and allows a user to send and receive Okcash with them.From a user perspective, Okcash is nothing more than a computer program or mobile app that provides a personal Okcash wallet and allows a user to send and receive Okcash with them.This is how Okcash works for most users.This is how Okcash works for most users.This is how Okcash works for most users.Behind the scenes, the Okcash network is sharing a public ledger called the “OK block chain”.Behind the scenes, the Okcash network is sharing a public ledger called the “OK block chain”.Behind the scenes, the Okcash network is sharing a public ledger called the “OK block chain”.This ledger contains every transaction ever processed, allowing a user’s computer to verify the validity of each transaction.This ledger contains every transaction ever processed, allowing a user’s computer to verify the validity of each transaction.This ledger contains every transaction ever processed, allowing a user’s computer to verify the validity of each transaction.The authenticity of each transaction is protected by digital signatures corresponding to the sending addresses, allowing all users to have full control over sending OK coins from their own Okcash addresses.The authenticity of each transaction is protected by digital signatures corresponding to the sending addresses, allowing all users to have full control over sending OK coins from their own Okcash addresses.The authenticity of each transaction is protected by digital signatures corresponding to the sending addresses, allowing all users to have full control over sending OK coins from their own Okcash addresses.In addition, anyone can process transactions using the computing power of their processor and earn a reward in OK coins for this service.In addition, anyone can process transactions using the computing power of their processor and earn a reward in OK coins for this service.In addition, anyone can process transactions using the computing power of their processor and earn a reward in OK coins for this service.This process is often called “staking”.This process is often called “staking”.This process is often called “staking”.

What is OKCash?

OKCash is a proof of stake cryptocurrency launched in April of 2015.

Is Okcash secure?

The OK technology – the protocol and the cryptography – has a strong security track record, and the OK network is one of the big distributed computing projects in the world.The OK technology – the protocol and the cryptography – has a strong security track record, and the OK network is one of the big distributed computing projects in the world.Okcash’s most common vulnerability is in user error.Okcash’s most common vulnerability is in user error.Okcash wallet files that store the necessary private keys can be accidentally deleted, lost or stolen.Okcash wallet files that store the necessary private keys can be accidentally deleted, lost or stolen.This is pretty similar to physical cash stored in a digital form.This is pretty similar to physical cash stored in a digital form.Fortunately, users can employ sound security practices to protect their money or use service providers that offer good levels of security and insurance against theft or loss.Fortunately, users can employ sound security practices to protect their money or use service providers that offer good levels of security and insurance against theft or loss.

What is the Reddit page for OKCash?

The official Reddit community (subreddit) for OKCash is r/OKCash.

What is OKCash?

OK is a hybrid cryptocurrency that started with PoW mining on November 2014 to then turn into a full Proof of stake currency.

Will OKCash price drop / fall?

Yes.The price of OKCash may drop from
0.0686 USD to
0.0666 USD.The
change will be
-2.940%.

Why Should I Buy OKCash (OK)?

OKCash is a cryptocurrency that is identified by the symbol OK.

What is Okcash?

OKCash is a hybrid cryptocurrency that evolved into a full Proof of Stake (PoS) system.OKCash is a hybrid cryptocurrency that evolved into a full Proof of Stake (PoS) system.OKCash is a hybrid cryptocurrency that evolved into a full Proof of Stake (PoS) system.

Is Okcash legal?

To the best of our knowledge, Okcash has not been made illegal by legislation in most jurisdictions.To the best of our knowledge, Okcash has not been made illegal by legislation in most jurisdictions.To the best of our knowledge, Okcash has not been made illegal by legislation in most jurisdictions.However, some jurisdictions (such as Argentina and Russia) severely restrict or ban foreign currencies.However, some jurisdictions (such as Argentina and Russia) severely restrict or ban foreign currencies.However, some jurisdictions (such as Argentina and Russia) severely restrict or ban foreign currencies.Other jurisdictions (such as Thailand) may limit the licensing of certain entities such as Bitcoin and Cryptocurrency exchanges.Other jurisdictions (such as Thailand) may limit the licensing of certain entities such as Bitcoin and Cryptocurrency exchanges.Other jurisdictions (such as Thailand) may limit the licensing of certain entities such as Bitcoin and Cryptocurrency exchanges.Regulators from various jurisdictions are taking steps to provide individuals and businesses with rules on how to integrate this new technology with the formal, regulated financial system.Regulators from various jurisdictions are taking steps to provide individuals and businesses with rules on how to integrate this new technology with the formal, regulated financial system.Regulators from various jurisdictions are taking steps to provide individuals and businesses with rules on how to integrate this new technology with the formal, regulated financial system.For example, the Financial Crimes Enforcement Network (FinCEN), a bureau in the United States Treasury Department, issued non-binding guidance on how it characterizes certain activities involving virtual currencies.For example, the Financial Crimes Enforcement Network (FinCEN), a bureau in the United States Treasury Department, issued non-binding guidance on how it characterizes certain activities involving virtual currencies.For example, the Financial Crimes Enforcement Network (FinCEN), a bureau in the United States Treasury Department, issued non-binding guidance on how it characterizes certain activities involving virtual currencies.

What is Okcash?

Okcash is an energy friendly consensus network that enables a new payment system and a complete control over your digital cash.Okcash is an energy friendly consensus network that enables a new payment system and a complete control over your digital cash.Okcash is an energy friendly consensus network that enables a new payment system and a complete control over your digital cash.It is one of the first proof of stake decentralized peer-to-peer payment networks that is powered by its users with no central authority or middlemen.It is one of the first proof of stake decentralized peer-to-peer payment networks that is powered by its users with no central authority or middlemen.It is one of the first proof of stake decentralized peer-to-peer payment networks that is powered by its users with no central authority or middlemen.From a user perspective, Okcash is pretty much like fast and energry friendly cash for the Internet.From a user perspective, Okcash is pretty much like fast and energry friendly cash for the Internet.From a user perspective, Okcash is pretty much like fast and energry friendly cash for the Internet.Okcash can also be seen as one of the most prominent proof of stake triple entry bookkeeping system in existence.Okcash can also be seen as one of the most prominent proof of stake triple entry bookkeeping system in existence.Okcash can also be seen as one of the most prominent proof of stake triple entry bookkeeping system in existence.

What is Okcash?

OKCash is a hybrid cryptocurrency that evolved into a full Proof of Stake (PoS) system.OKCash is a hybrid cryptocurrency that evolved into a full Proof of Stake (PoS) system.

What is the value of OKCash?

One OKCash (OK) is currently worth $0.07 on major cryptocurrency exchanges.You can also exchange one OKCash for 0.00000119 bitcoin(s) on major exchanges.The value (or market capitalization) of all available OKCash in U.S.dollars is $5.54 million.

What technology is included in OKCash?

OK Specs Released: Nov 24th 2014PoW Ended at block: 33,186Total coins at the end of Pow/Pos Hybrid Period: 36,297,000 OKCashMax Cap: 105,000,000 OKCashFull POS started: Dec 9th 2014Proof of StakeStake Rewards: 69% 1st Year (block 531,257)| 20% 2nd (block 1,022,514) | 10% 3rd (block 1,523,771)| 6% 4th Year on wardsPoS Min Stake Time: 8 hrTransactions: 10 confirmationsStakes: 64 confirmationsBlock Time: 72 seconds average block time.

Who controls the Okcash network?

Nobody owns the Okcash network much like no one owns Bitcoin or like no one owns the technology behind email.Nobody owns the Okcash network much like no one owns Bitcoin or like no one owns the technology behind email.Nobody owns the Okcash network much like no one owns Bitcoin or like no one owns the technology behind email.Okcash is controlled by all Okcash users around the world.Okcash is controlled by all Okcash users around the world.Okcash is controlled by all Okcash users around the world.While developers are improving the software, they can’t force a change in the Okcash protocol because all users are free to choose what software and version they use.While developers are improving the software, they can’t force a change in the Okcash protocol because all users are free to choose what software and version they use.While developers are improving the software, they can’t force a change in the Okcash protocol because all users are free to choose what software and version they use.In order to stay compatible with each other, all users need to use software complying with the same rules.In order to stay compatible with each other, all users need to use software complying with the same rules.In order to stay compatible with each other, all users need to use software complying with the same rules.Okcash can only work correctly with a complete consensus among all users.Okcash can only work correctly with a complete consensus among all users.Okcash can only work correctly with a complete consensus among all users.Therefore, all users and developers have a strong incentive to protect this consensus.Therefore, all users and developers have a strong incentive to protect this consensus.Therefore, all users and developers have a strong incentive to protect this consensus.

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).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 coins per block [Semi-static block reward + predictable network growth no matter net staking percentage, achieving Bitcoin predictability under Okcash unique LTSS PoS System.

Who controls the Okcash network?

Nobody owns the Okcash network much like no one owns Bitcoin or like no one owns the technology behind email.Nobody owns the Okcash network much like no one owns Bitcoin or like no one owns the technology behind email.Okcash is controlled by all Okcash users around the world.Okcash is controlled by all Okcash users around the world.While developers are improving the software, they can’t force a change in the Okcash protocol because all users are free to choose what software and version they use.While developers are improving the software, they can’t force a change in the Okcash protocol because all users are free to choose what software and version they use.In order to stay compatible with each other, all users need to use software complying with the same rules.In order to stay compatible with each other, all users need to use software complying with the same rules.Okcash can only work correctly with a complete consensus among all users.Okcash can only work correctly with a complete consensus among all users.Therefore, all users and developers have a strong incentive to protect this consensus.Therefore, all users and developers have a strong incentive to protect this consensus.

What does “synchronizing” mean and why does it take so long?

Long synchronization time is only required with full node clients like OK Core.Long synchronization time is only required with full node clients like OK Core.Long synchronization time is only required with full node clients like OK Core.Technically speaking, synchronizing is the process of downloading and verifying all previous Okcash transactions on the OK network.Technically speaking, synchronizing is the process of downloading and verifying all previous Okcash transactions on the OK network.Technically speaking, synchronizing is the process of downloading and verifying all previous Okcash transactions on the OK network.For some Okcash clients to calculate the spendable balance of your Okcash wallet and make new transactions, it needs to be aware of all previous transactions.For some Okcash clients to calculate the spendable balance of your Okcash wallet and make new transactions, it needs to be aware of all previous transactions.For some Okcash clients to calculate the spendable balance of your Okcash wallet and make new transactions, it needs to be aware of all previous transactions.This step can be resource intensive and requires sufficient bandwidth and storage to accommodate the full size of the OK block chain.This step can be resource intensive and requires sufficient bandwidth and storage to accommodate the full size of the OK block chain.This step can be resource intensive and requires sufficient bandwidth and storage to accommodate the full size of the OK block chain.For Okcash to remain secure, enough people should keep using Okcash full node clients because they perform the task of validating and relaying transactions.For Okcash to remain secure, enough people should keep using Okcash full node clients because they perform the task of validating and relaying transactions.For Okcash to remain secure, enough people should keep using Okcash full node clients because they perform the task of validating and relaying transactions.

Will OKCash price grow / rise / go up?

No.See above.

What do I need to start staking?

You only need to have OK coins and stake them in the Okcash wallet or in a staking pool.You only need to have OK coins and stake them in the Okcash wallet or in a staking pool.You only need to have OK coins and stake them in the Okcash wallet or in a staking pool.

Why do I have to wait for confirmation?

Receiving notification of a payment is almost instant with Okcash.Receiving notification of a payment is almost instant with Okcash.Receiving notification of a payment is almost instant with Okcash.However, there is a delay before the network begins to confirm your transaction by including it in a block.However, there is a delay before the network begins to confirm your transaction by including it in a block.However, there is a delay before the network begins to confirm your transaction by including it in a block.A confirmation means that there is a consensus on the network that the OK coins you received haven’t been sent to anyone else and are considered your property.A confirmation means that there is a consensus on the network that the OK coins you received haven’t been sent to anyone else and are considered your property.A confirmation means that there is a consensus on the network that the OK coins you received haven’t been sent to anyone else and are considered your property.Once your transaction has been included in one block, it will continue to be buried under every block after it, which will exponentially consolidate this consensus and decrease the risk of a reversed transaction.Once your transaction has been included in one block, it will continue to be buried under every block after it, which will exponentially consolidate this consensus and decrease the risk of a reversed transaction.Once your transaction has been included in one block, it will continue to be buried under every block after it, which will exponentially consolidate this consensus and decrease the risk of a reversed transaction.Each confirmation takes between 1 second and 144 seconds, with 72 seconds being the average.Each confirmation takes between 1 second and 144 seconds, with 72 seconds being the average.Each confirmation takes between 1 second and 144 seconds, with 72 seconds being the average.If the transaction pays too low a fee or is otherwise atypical, getting the first confirmation can take longer.If the transaction pays too low a fee or is otherwise atypical, getting the first confirmation can take longer.If the transaction pays too low a fee or is otherwise atypical, getting the first confirmation can take longer.Every user is free to determine at what point they consider a transaction sufficiently confirmed, but 5 confirmations is often considered to be as safe as waiting 5 months on a credit card transaction.Every user is free to determine at what point they consider a transaction sufficiently confirmed, but 5 confirmations is often considered to be as safe as waiting 5 months on a credit card transaction.Every user is free to determine at what point they consider a transaction sufficiently confirmed, but 5 confirmations is often considered to be as safe as waiting 5 months on a credit card transaction.

Is Okcash secure?

The OK technology – the protocol and the cryptography – has a strong security track record, and the OK network is one of the big distributed computing projects in the world.The OK technology – the protocol and the cryptography – has a strong security track record, and the OK network is one of the big distributed computing projects in the world.The OK technology – the protocol and the cryptography – has a strong security track record, and the OK network is one of the big distributed computing projects in the world.Okcash’s most common vulnerability is in user error.Okcash’s most common vulnerability is in user error.Okcash’s most common vulnerability is in user error.Okcash wallet files that store the necessary private keys can be accidentally deleted, lost or stolen.Okcash wallet files that store the necessary private keys can be accidentally deleted, lost or stolen.Okcash wallet files that store the necessary private keys can be accidentally deleted, lost or stolen.This is pretty similar to physical cash stored in a digital form.This is pretty similar to physical cash stored in a digital form.This is pretty similar to physical cash stored in a digital form.Fortunately, users can employ sound security practices to protect their money or use service providers that offer good levels of security and insurance against theft or loss.Fortunately, users can employ sound security practices to protect their money or use service providers that offer good levels of security and insurance against theft or loss.Fortunately, users can employ sound security practices to protect their money or use service providers that offer good levels of security and insurance against theft or loss.

What is OKCash?

Ing.

Which OKCash Wallet Should I Use?

There’s no single answer.It is best to realize what is the desired purpose of the
wallet.If you want to use it to regularly pay and receive small amounts
of OKCash, then mobile or online wallet makes sense due to their
ease of use.If however, you want to use the wallet to hold a
small OKCash fortune then security should be your priority.The
range of devices you use the most often will also help determine what wallets are
best for you, as there is at least one for each type of device.

Will OKCash hit 1 USD in a year?

Not within a year.See above.

What about Okcash and consumer protection?

Okcash is freeing people to transact on their own terms.Okcash is freeing people to transact on their own terms.Okcash is freeing people to transact on their own terms.Each user can send and receive payments in a similar way to cash but they can also take part in more complex contracts.Each user can send and receive payments in a similar way to cash but they can also take part in more complex contracts.Each user can send and receive payments in a similar way to cash but they can also take part in more complex contracts.Multiple signatures allow a transaction to be accepted by the network only if a certain number of a defined group of persons agree to sign the transaction.Multiple signatures allow a transaction to be accepted by the network only if a certain number of a defined group of persons agree to sign the transaction.Multiple signatures allow a transaction to be accepted by the network only if a certain number of a defined group of persons agree to sign the transaction.This allows innovative dispute mediation services to be developed in the future.This allows innovative dispute mediation services to be developed in the future.This allows innovative dispute mediation services to be developed in the future.Such services could allow a third party to approve or reject a transaction in case of disagreement between the other parties without having control on their money.Such services could allow a third party to approve or reject a transaction in case of disagreement between the other parties without having control on their money.Such services could allow a third party to approve or reject a transaction in case of disagreement between the other parties without having control on their money.As opposed to cash and other payment methods, Okcash always leaves a public proof that a transaction did take place, which can potentially be used in a recourse against businesses with fraudulent practices.As opposed to cash and other payment methods, Okcash always leaves a public proof that a transaction did take place, which can potentially be used in a recourse against businesses with fraudulent practices.As opposed to cash and other payment methods, Okcash always leaves a public proof that a transaction did take place, which can potentially be used in a recourse against businesses with fraudulent practices.

What is
the OKCash price today?

The current price of OKCash is
0.0686 USD today.

Will OKCash hit 5 USD in a year?

Not within a year.See above.

Who controls the issuance of Okcash (OK coins)?

The network itself controls the issuance of OK coins, derived by consensus through all Okcash participants.

Will OKCash crash?

According to our analysis, this can happen.

Will OKCash hit 10 USD in a year?

Not within a year.See above.

Why do I have to wait for confirmation?

Receiving notification of a payment is almost instant with Okcash.Receiving notification of a payment is almost instant with Okcash.However, there is a delay before the network begins to confirm your transaction by including it in a block.However, there is a delay before the network begins to confirm your transaction by including it in a block.A confirmation means that there is a consensus on the network that the OK coins you received haven’t been sent to anyone else and are considered your property.A confirmation means that there is a consensus on the network that the OK coins you received haven’t been sent to anyone else and are considered your property.Once your transaction has been included in one block, it will continue to be buried under every block after it, which will exponentially consolidate this consensus and decrease the risk of a reversed transaction.Once your transaction has been included in one block, it will continue to be buried under every block after it, which will exponentially consolidate this consensus and decrease the risk of a reversed transaction.Each confirmation takes between 1 second and 144 seconds, with 72 seconds being the average.Each confirmation takes between 1 second and 144 seconds, with 72 seconds being the average.If the transaction pays too low a fee or is otherwise atypical, getting the first confirmation can take longer.If the transaction pays too low a fee or is otherwise atypical, getting the first confirmation can take longer.Every user is free to determine at what point they consider a transaction sufficiently confirmed, but 5 confirmations is often considered to be as safe as waiting 5 months on a credit card transaction.Every user is free to determine at what point they consider a transaction sufficiently confirmed, but 5 confirmations is often considered to be as safe as waiting 5 months on a credit card transaction.

History of OkCash