Gulden to release Proof-of-Word-and-Witness algorithm

PoW^2 along with SegSig and Sonic are to be released on June 28 by Gulden to improve network security and transaction speed
26 June 2018   666

Gulden is ready to launch its improved PoW^2 algorithm on June 28. It is claimed to greatly increase the Gulden blockchain security and allows to earn Gulden by participating as Witness. Along with the algorithm, a Segregated Signature concept is also implemented along. The concept is going to improve space consumption on the blockchain of the most transaction types.

Last but not least - Sonic, will allow new users to use Gulden wallet within a matter of minutes without long synchronization wait. The development progress of the PoW^2, SegSig and Sonic can be traced here. Gulden is a blockchain-based payment system that allows users to send money to each other, wire it to any IBAN account, pay at Gulden merchants and get a return. At the moment of publication, Gulden (NLG) market indicators are as follows:

Average price 0.069090 USD
Market cap 27,630,832 USD
Volume (24H) 98,686 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   122

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.