Recently Oracol Xor has adopted a long-term expansion plan in order to become more relevant in the crypto environment. The new platform is based on Substrate Framework and features several key changes, the most important one being the transition to POS (proof of stake) instead of the energy-hungry POW (proof of work). The user interface also introduces online governance options where Democracy, Council, Treasury options allow the users to make decisions and vote for members or on important issues that will determine the future course of action, thus becoming a democratic user-driven platform. Last but not list the future Oracol Substrate platform will have smart contracts, Defi and NFT minting and development capabilities, similar and compatible with any smart contracts on the market today, the difference being that then network fees will be significantly lower than the current ones by an order of magnitude. Oracol XOR has an all-encompassing infrastructure capable of Global reach and is geared towards encouraging mass adoption of cryptocurrencies around the world. The current infrastructure and core elements will remain in place during and after the transition to Oracol Substrate Platform, and the XOR assets will remain convertible to the new one until the complete conversion has been achieved. As a platform with a global reach, Oracol Xor's mission is to stimulate the cryptocurrencies mass adoption process. The introduction of a greener, democratic and smart contract capable infrastructure will align the platform to the current global environmental and crypto trends and sustain long-term growth in key areas such as users adoption, liquidity, and usability.
To experience first hand please visit the Oracol Substrate testnet at
https://wallet.oracol.org, make an account, and post here the receiving address of your testnet wallet in order to receive 1000 Oracol Substrate Xor (OSX) testnet coins.
Visit
https://oracol.org for info on mining, exchanging, and developments. We are constantly updating the website and the social media channels. Needless to say, this is a huge step forward and we are very excited to transition to the new platform.
Not able to post a screenshot of the testnet webwallet but you can view it here
https://www.imgur.com/Wgpmrz3