Topic: 🆗[ANN][OK] Okcash | ⚡Fast | LTSSposv3hybrid | Easy to use | Reliable | ROKOS ✅ - page 118. (Read 459151 times)
May 19, 2016, 10:01:51 AM
This is an amazing addition for OK, please read up on bitsquare.io they've got a great project rolling here!
May 19, 2016, 03:36:52 AM
Awesome news! More exposure for OK, is OK with me! 
May 18, 2016, 11:20:44 AM
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
May 17, 2016, 04:20:25 PM
Thanks Varvarin that's a very helpful post!
May 17, 2016, 12:35:14 PM
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://bitcointalksearch.org/topic/m.9439264
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.
original post for 25%:
https://bitcointalksearch.org/topic/m.9439264
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.
May 17, 2016, 10:11:35 AM
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?
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
May 17, 2016, 01:56:03 AM
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?
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?
May 13, 2016, 05:16:03 PM
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.
Anyway will let you guys know as soon as I have feedback.
Thanks for the update Valkir!
May 13, 2016, 05:04:12 PM
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.
Anyway will let you guys know as soon as I have feedback.
May 13, 2016, 02:18:04 PM
ROKOS OK Bitcoin Fullnode Oktoshi interview over The Pi Podcast
http://thepipodcast.com/the-pi-podcast-21-rokos/
http://thepipodcast.com/the-pi-podcast-21-rokos/
May 13, 2016, 10:14:13 AM
Thank you @Varvarin and @OKorator. I've done your steps. Let's see if I have more luck going forward.
Great to hear! A growing group of us are on Slack, feel free to signup and stop by! Someone is typically around to help with this kind of stuff there too!
okcash.herokuapp.com
Happy Friday!
May 13, 2016, 01:45:04 AM
Thank you @Varvarin and @OKorator. I've done your steps. Let's see if I have more luck going forward.
May 12, 2016, 11:42:06 PM
Right?
May 12, 2016, 04:13:09 PM
OK the sleeping Lion
May 12, 2016, 01:40:44 PM
...
@Varvarin what is the ideal block size for OKCash?
@Varvarin what is the ideal block size for OKCash?
I send all my coins to myself pretty often, I'm sure there's a technical response, but "Every so often, just do it
"Checking now, had builders in and staking machine got turned off. I keep blocking every week or so all the sub 1000 coin blocks, have a few 1200 coin blocks sitting 20+ days.
Since OK stakes so fast, it's not a big deal to send entire wallet to yourself every 2 months roughly.
___________
Check out https://www.cryptocompare.com/
The green outline is ... BTC spike to $480 somehow.
Yes indeed OK is in same league as other similar coins as outlined in red. I wasn't even logged in from this machine, fresh install and there it is .. OK
Haha, holy shitake mushroom! OK is listed is listed inbetween Litecoin ($174M) and NXT ($6.4M) I like that price range
May 12, 2016, 12:59:28 PM
...
@Varvarin what is the ideal block size for OKCash?
@Varvarin what is the ideal block size for OKCash?
I send all my coins to myself pretty often, I'm sure there's a technical response, but "Every so often, just do it
"Checking now, had builders in and staking machine got turned off. I keep blocking every week or so all the sub 1000 coin blocks, have a few 1200 coin blocks sitting 20+ days.
Since OK stakes so fast, it's not a big deal to send entire wallet to yourself every 2 months roughly.
___________
Check out https://www.cryptocompare.com/
The green outline is ... BTC spike to $480 somehow.
Yes indeed OK is in same league as other similar coins as outlined in red. I wasn't even logged in from this machine, fresh install and there it is .. OK
May 12, 2016, 11:48:49 AM
Anything I can do from my end to prevent the loss of staking portion?
My last successful stake was May 01.
My last successful stake was May 01.
Keep bigger blocks in wallet, too small a number of coins per block will take longer to stake.
Coin control and sort by size, tick, then send to yourself.
The buy support on Bittrex just doubled to more than 25btc today. That's nice
Now if only they'd gobble up some sells, we can call it open field day on trading
There are no sell walls to 800 sats, all removed yesterday
@Varvarin what is the ideal block size for OKCash?
I send all my coins to myself pretty often, I'm sure there's a technical response, but "Every so often, just do it
" May 12, 2016, 10:35:54 AM
Anything I can do from my end to prevent the loss of staking portion?
My last successful stake was May 01.
My last successful stake was May 01.
Keep bigger blocks in wallet, too small a number of coins per block will take longer to stake.
Coin control and sort by size, tick, then send to yourself.
The buy support on Bittrex just doubled to more than 25btc today. That's nice
Now if only they'd gobble up some sells, we can call it open field day on trading
There are no sell walls to 800 sats, all removed yesterday
@Varvarin what is the ideal block size for OKCash?
May 12, 2016, 08:40:39 AM
The buy support on Bittrex just doubled to more than 25btc today. That's nice
Now if only they'd gobble up some sells, we can call it open field day on trading
There are no sell walls to 800 sats, all removed yesterday
Then 800 sats is the next stop
After that we'll see over 1000 sats, road to 1 cent is ahead at 2000 sats, then why not to $1 if devs perform great as always and community keep supporting
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