Review on OKCash by Jesmin Akter

OKCash is an open-source digital currency that allows users to conduct transactions in real time, with little to no delay. According to the creators, it has a confirmation rate that is greater than the industry norm. OKCash is a fundamental cryptocurrency that dates back to a time when blockchain technology was just starting to gain widespread acceptance. While OKCash may not seem to be doing anything particularly new or fascinating on the surface, it is fair to claim that the cryptocurrency was a significant contributor to the development of blockchain technology in the early days. In the larger scheme of things, it is simply another kind of digital money, although one that allows for considerably faster transaction processing times. It is worth noting that OKCash was one of the first cryptocurrencies to use Proof-of-Stake (PoS) mining technology.



OKCash was created at a time when the blockchain and its benefits were just beginning to be understood, and it represents a simpler moment in the history of cryptocurrencies. One of the most advantageous aspects of bitcoin is its lightning-fast transaction speed. It is also simple to mine and put to use. In addition, the OKCash network was one of the first cryptocurrencies to enable both Proof-of-Work (PoW) mining for the first 15 days and then completely switch over to Proof-of-Stake (PoS) mining after that period. In addition, the OKCash cryptocurrency includes a few unique characteristics that distinguish it from other cryptocurrencies. For example, the cryptocurrency OKCash allows for both long-term and short-term staking.



The growing and falling trends of OKCash remain steady for about two and a half years, after which the currency reaches a high point and then begins to drop. Despite the fact that it has numerous steep hills, the price is expected to decrease by 2021. The numerical designs on the coin, on the other hand, aren't very eye-catching. The fact that it is so simple to use makes it an obvious advantage over traditional money. We live in a world where increasingly complex things happen, and every now and again, a straightforward answer is necessary. OKCash is an example of a satisfactory response. As a side benefit, the fact that the coin is now so inexpensive implies that you will not lose much money even if the value of the currency does not rise much. OKCash seems to be a better long-term investment option, as shown by the small returns it generates.