@ChrissCrypto 12 January 2021 edited more from that month

OKCash! The Future of Social Payments

Hello everyone! Do you know **OKCash**? This **Cryptocurrency** which has just celebrated its **6 years** (November 24, 2020) https://okcash.co/ https://chainz.cryptoid.info/ok/ Let's go back a bit to explain the beginnings of **OKCash**. https://okcash.co/ It all started on **November 24, 2014**, when **a new Cryptocurrency makes its appearance**. This was only **5 years after Bitcoin**. Between 2009 and 2014, the phenomenon was still new, and we could only count on a handful of Crypto Projects at that time.  Here are some other prominent coins of their own type: ***Bitcoin*** *1st Cryptocurrency,*  ***PeerCoin*** *1st Crypto type PoS,*  ***NavCoin*** *1st Crypto Hybrid PoW/PoS,*  ***BlackCoin*** *1st Crypto pure PoS* So at the **end of November PimpCash makes its appearance**, to **change a little later its name to** **OKCash**, so we will only use the name "**OKCash**". https://okcash.co/

At the very beginning, **OKCash** was based on a **PoW (Proof-of-Work) Protocol**, and this lasted **only 15 days**. On **December 9 of that same year**, and after a worldwide craze from the (online) Cryptocurrencies Miners - the Mining Pool -, **33,186 Blocks** were completed and **36,297,000 OK** (**OK** is the Crypto of **OKCash**) **mined** (out of a total Supply of 105,000,000 OK - 5 times more than the Supply of Bitcoin). This is where **the project changes direction radically**, to **move towards the PoS (Proof-of-Stake) Protocol**.  https://okcash.co/ https://chainz.cryptoid.info/ok/ Since **February 2015**, **OKCash** Staking has been fully operational. https://okcash.co/ **OKCash** is a **decentralized Cryptocurrency**, which means that no Central Authority controls it, and **the project is Open-Source**, everyone can participate in contributing to the code of the Crypto  https://okcash.co/ Let's also touch briefly on this point: **Why the name** **OKCash**? https://okcash.co/ *Each project chooses a name to stand out, to differentiate itself from the others, but also a name that can be easily remembered*. Personally, I don't know if the people who chose the name **OKCash** are *communication geniuses* or if it is just a *coincidence*. But here is the explanation: https://okcash.co/ *"****OK****" is one of the few words that can be* ***understood in all the languages of the world****, so it makes* ***Mass Adoption*** *much easier, because there is* ***no need to work on various translations****.* *"****Cash****", to* ***confirm that this Crypto can be used as we would with our Cash****, in all our small* ***daily transactions***. I told you, it is really a stroke of genius to have found and assembled these 2 words.   Let's now come back to the presentation of **what it is concretely and what we can use it for** : ***Our daily transactions****, no matter the amount, because the* ***Blockchain processes transactions extremely fast****, from a few seconds to a maximum of 144 seconds, with an* ***average time of 72 seconds****. We can say that the* ***Transactions are almost instantaneous****, because the recipient of the Transaction receives a real time notification of the receipt of funds, the* ***Transaction itself requires only 5 Confirmations****, and takes just over a minute to be integrated into a Block and then arrive on the recipient's* ***OK Wallet*** *-* ***OKCash*** *is* ***one of the very first Decentralized Peer-to-Peer PoS (Proof-of-Stake)****.* https://okcash.org/ https://okcash.co/ *We can* ***use our*** ***OK Wallet*** ***as a Staking Wallet****, and more. Since its inception* ***OKCash*** *has* ***implemented an LTSS 'Long Time Staking System'*** *(whereas Bitcoin is an LTPoW - 'Long Time Proof-of-Work'), which really* ***allows us to enjoy a passive income over the long term****. Because I remind you, the advantage of Staking can be seen in the long term. -* ***There is no Masternode on OKCash****, all the* ***Stakers are the Transaction Validators*** *and the guarantors of the security of the Network.* https://okcash.org/ https://okcash.co/ Here are some specifications of **OKCash**: https://okcash.co/ ***High confirmation rate*** *(one of the highest compared to other Cryptos)* ***Fast transaction speed*** *(from a few seconds to 144 seconds, with an average time of 72 seconds)* ***Extremely low fees*** *→ 0.0001 OK (about $0.000005)* ***Constant growth of the Network and the Community*** ***Instant and secure messaging directly on the*** ***Wallet***  https://okcash.org/ ***Technology ready and operational for the IoT*** *(Internet of Things)*   The main objective of **OKCash** is to **raise awareness among its users by being environmentally friendly and energy efficient**, while providing them with a sustainable platform. https://okcash.co/ We all know today that the PoW (Proof-of-Work) Protocol consumes a lot of energy to generate, validate new Blocks and ensure the Security of its network. That's why the **PoS (Proof-of-Stake) Protocol is more environmentally friendly**. And to go even further, the **OK Wallet** **is one of the most energy-efficient to perform** all these tasks, and more (Efficiency, Stability, Durability ...). https://okcash.org/ **OKCash** it's also : https://okcash.co/ ***The project is not a Security*** ***A project that has never done ICO or any other form of fundraising before*** ***An Open-Source project (its conception is public)*** ***A self-sustaining Cryptocurrency, supported by hundreds of volunteers around the world.***  ***Instant Transactions***  ***A highly secure and decentralized platform*** ***A very easy to use*** ***Wallet*** https://okcash.org/ ***A reactive support team*** If you want to know more, feel free to join **Discord** to ask your questions, you can also join **OKCash** on **social networks**. https://discord.io/cryptocurrency https://okcash.co/ https://twitter.com/OkcashCrypto Here is the link to **download your OK Wallet**, and start **generating a passive income**, with no minimum to start, and **become one of the many validators of the Network** earning your stake in crypto history. https://okcash.org/

Thank you all! See you soon  **Christophe WILHELM** **https://okcash.co/** https://www.youtube.com/watch?v=sujOilTvQn8 **Resources:** https://okcash.co/ https://chainz.cryptoid.info/ok/ https://okcash.org/ https://okcash.io/ https://okcashblockhalf.com/ https://discord.io/cryptocurrency https://twitter.com/OkcashCrypto