OKEx exchange listed 4 new tokens on the platform

OKEx cryptocurrency exchange announced support for Leverj (LEV), RefToken (REF), SportyFi (SPF) and Starchain (STC)
16 January 2018   574

In addition to nine recently listed cryptocurrencies and the launched BCH market, on January 16 OKEx anounced listing Leverj (LEV), RefToken (REF), SportyFi (SPF) and Starchain (STC).

The go-live schedules are stated as follows:

  • LEV, REF, SPF, STC deposit - 16:00 Jan 16, 2018 (Hong Kong Time)
  • LEV, REF, SPF, STC spot trading - 16:00 Jan 17, 2018 (Hong Kong Time)
  • LEV, REF, SPF, STC withdrawal - 18:00 Jan 18, 2018 (Hong Kong Time)

Newly-listed tokens information:

  1. Leverj (LEV) 
    Focused industry: DEX, decentralized exchange trading of leveraged crypto assets
    Token creation: December 12, 2017
  2. RefToken (REF)
    Focused industry: User acquisition for Decentralised Applications through Affiliate Marketing
    Token creation: created November 29, 2017
  3. SportyFi (SPF)
    Focused industry: sports – utility token for the SportyFi platform
    Token creation: November 17, 2017
  4. Starchain (STC)
    Industry & Facts & figures: Star page APP. Registered user 800 thousand. PV: 1.5 thousand
    Pre-sale start date: December 25, 2017

Previously, we presented lists of newest tokens and coins hitting the markets and exchanges in 2018.

Bank of China Filed a Patent to Scale Blockchain Systems

Bank of China has filed a patent application for a process able to scale blockchain systems  
23 February 2018   56

According to a document released by China's State Intellectual Property Office (SIPO) on February 23, the application was invented by Zhao Shuxiang and first submitted on September 28 last year.

The application states that instead of letting a new block store transactions from its previous one, a data compressing system could be used to pack transactions from multiple blocks into what the patent calls a "data block."

For example, when the system receives a request to compress transactions from block 1 to 1,000, it causes a new data block to be formed and temporarily hosted on a different storage system. Then, the system will run the packed data through a hash function with a hash value. After that, the compression system will attach labels in order to identify blocks on the blockchain.

With the use of the described method, the patent claims a reduction in the amount of the data stored in new blocks as transactions mount in a blockchain while ensuring that data from all previous transactions will still be tamper-proof and traceable.

At the moment, the patent in the review process.