GoByte updates its wallet

As GoByte approaches its blockchain update, June 8 will mark the mandatory GoByte Core wallet update to v0.12.2.3
07 June 2018   882

GoByte is going to release its wallet update to v0.12.2.3 on June 8. This way, the project prepares for the overall blockchain update coming later. The update will introduce features like governance (gets activated at block 158,560), superblock (gets activated at block 162,592) and increase of Masternode rewards. The new wallet will be available for Windows, OS X and Linux systems.

Fixed behaviours concern InstantSend (coin selection in some edge cases is corrected), '-liquidityprovider' mixing mode, 10x fee reduction. An experimental HD wallet is included into the update. Also changes were made to Consensus Protocol and 100kB transaction limit. Additional details can be found here. At the moment of publication, GoByte market characteristics are as follows:

Average price 3.47 USD
Market cap 5,841,313 USD
Volume (24H) 106,012 USD

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   108

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.