OKCash (OK) is a decentralized cryptocurrency that has very fast transaction confirmations, practically instant. The OKCash network is decentralized and has no intermediate chains, which gives full control over finances and provides a secure network for most payments. The OKCash wallet has a built-in reward for coin holders – it is enough to simply not close the OKCash wallet to start earning, day after day, rewards for the OK coins that are in the wallet.

To start using OKCash, you need to install the OK wallet on your computer, mobile phone or IoT devices, after which the user will be given their first OK address. The user can share this address with their friends or clients in order to receive payments from them. This is similar to how email works, except that OKCash addresses should be used only once.

The OK money network depends on the OK blockchain, a shared open ledger. In addition, all confirmed transactions are included in the OK blockchain. Okcash wallets store a mysterious bit of data called a private key or seed, which is used to sign transactions, which is proof that they came from the wallet owner.

Okcash was made in 2014 as Pimpcash. The new brand appeared in February 2015 from the lead engineer OKtoshi. From that moment Okcash has been gaining popularity as a highly preferred community-based cryptocurrency. Initially the cryptocurrency started as a PoW / PoS model, but currently it is a combined PoS model. As a PoW / PoS crossover model, miners had only 15 days to mine coins using graphics processors.

The OK coin is made so that people can earn by keeping a certain number of coins in their wallets. After long-term storage of this coin in the wallet, the accumulation of new coins begins. Users can earn up to 69% each year without buying mining equipment. This is an amazingly tempting method of coin mining for potential users who do not have the resources required for mining. The reward for saving coins is 69% for the first year, 20% for the second, 10% for the third and 6% per year for each subsequent year.

OkCash is an open cryptocurrency with a fast transaction speed and a low fee. The OKCash wallet is fairly easy to use, and the OKCash transaction speed is one of the fastest in terms of cryptocurrencies and can be used to send cash to any part of the world. Also, with OKCash it is possible to create a discreet site that will be located inside the OkCash network. All you need to do for this is log into discreet web hosting and make a payment with OkCash.