OKCash seeks to describe itself as a simple-to-use, efficient, and sustainable cryptocurrency. According to the website, OKCash is a hybrid cryptocurrency that aims to be sustainable and energy efficient. The website also claims that OKCash is decentralized and rapidly growing. The project uses an energy-efficient consensus network that enables a payment system that seeks to give users complete control over their digital money.
OKCash aims to empower its users while being energy efficient. OKCash’s mission is to help change the world with positive innovation. The project claims to be developing day by day to meet its goals and aims. The project at its early age was based on the proof-of-work consensus system. But later on, it evolved by using proof of stake. The project is open-source, and no single body can control the OKcash. This means that anyone can take part in the project. Though the project is still in development, the website provides various ways by which a user can help the project grow. The OKCash project seeks to have the following benefits: multiplatform availability, decentralized, worldwide availability, low transaction speed, and low fee.
The first thing the website suggests is the usage of OKCash. A user can accept payment or make purchases with OKCash. Second, a user can strengthen the network by keeping the computer running on the server. If a user is a developer, he can build services or software which uses OKCash in return. Further, a user can donate OKCash as a charity to fund a new project. Moreover, the project works on the OK blockchain, a public ledger. The project also provides a personal OKCash wallet to the users, which allows them to receive and send OKCash.
OK is the native token name of the OKCash project. The primary purpose of the token is to send and receive tokens in the wallet. Further, users can also stake their OK tokens and earn a reward as OK. The users can share their computing power on the server to keep the project running and earn OK tokens as a reward.
