Bitcoin Private to roll out beta version of the merchant platform

Bitcoin Private announced its merchant payment platform beta version on April 13 that will signify the finish of just Phase 1 of the roadmap
05 April 2018   596

The contribution team of Bitcoin Private has developed a 4-phase roadmap for the merchant payment platform roll-out. The release date of the Phase 1 is set on April 13. Phase 1 will be characterized with the following specifics: Trezor pull request is pending; signing and broadcasting transactions of a custom build of Electrum-BTCP is a success; pull request for supporting Nano S app is submitted; Electrum 1.2 protocol have started testing; a community-built iOS wallet app on Electrum protocol is ready and will be integrated into the merchant payment solution; the integrations will adhere to BIP-0070 in order ensure security of the BTCP protocol.

As of the accomplishments, hardware wallet support code is completed; significant progress is made in both Electrum frontend and backend, iOS Electrum and the development of a Copay wallets suite that also includes Chrome extension is underway.

At the moment of publication, Bitcoin Private market characteristics are as follows

Average price: $19.75

Volume (24H): $253,860

OKEx to Launch OKChain Based Decetralized Exchange

Great role in the upcoming exchange will be played by OKB coin, which will be trasfered to OKChain as soon as its development finished
22 March 2019   110

OKEx cryptocurrency exchange will launch a decentralized trading platform on its own blockchain.

Currently, the OKChain blockchain is in the final stages of development, and its test network may be launched as early as June 2019. When the OKEx blockchain becomes stable enough, it will transfer OKB to it, which will then perform the function of the native OKChain token and be used to pay commissions, as well as in its own decentralized network applications.

The primary purpose of OKChain is to launch the OKDEx decentralized exchange, where the OKB token will be used to participate in presales. In addition, project teams will use OKB tokens to pay the service fee to the super nodes of the network.

While the total volume of OKB emissions is 1 billion, 300 million tokens are in circulation today, and 700 million remain blocked. Of this number, 300 million OKB will be distributed to users through the loyalty program, and 400 million belong to the OK Blockchain Foundation and the exchange team. However, for a more efficient formation of the OKB ecosystem, the blocking period of these 700 million tokens will be extended from 2020 to 2022, writes OKEx.

In addition, OKB will be the only token to be accepted during the initial exchange offerings (IEO) on the OK Jumpstart platform, announced earlier this month. According to the company, it is currently negotiating with various projects and will soon announce the launch of the first IEO on OK Jumpstart, for which investors will be admitted who have passed personal verification and have OKB tokens in their accounts.