HitCoin Hard Fork to Occur in February

HitCoin announced that the hard fork will occur on February 9 of 2018 launching new coin HitCoinSpecial, which should make HitCoin disappear
07 February 2018   880

HitCoin is developed with the goal of leading companies and investors in global financial market to guide global crypto currency market, and it aims to link information, technology and finance as one, based on humanism. Hitcoin will hard fork into HitCoinSpecial ob February 9, 2018.

The reason for the hard fork is that on January 20, 2017, a fatal algorithmic vulnerability in HitCoin was discovered, and it needs a hard fork to upgrade the problem and performance of Hitcoin to secure the corresponding algorithm vulnerability.

There is a block chain network with a HitCoinSpecial [HTS] securing a majority node and a HitCoin [HTC] with a small number of nodes. A HitCoinSpecial [HTS] obtained the majority of the votes has dominated the main block chain. The HitCoin network will gradually disappear.

HitCoin Statement

What is more, HitCoin will be automatically converted into the new block chain HitCoinSpecial [HTS] on the exchange C-CEX, TRADOPIA.

After a hard fork HitCoin will have no value, and the users are recommended to make sure they check the correct tiker of the coin.  

At the moment of press, these are main market parameters of HitCoin:

Average price: $0,000071
Marketcap: $778 935

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.