OKT will be launched on OKExChain

Spread the love

 376 Interactions,  2 today

On the evening of the 11th, OKEx, one of China’s largest exchanges, announced that its second platform currency, OKT, will be launched. OKT will be the token of OKexChain, and 100% of the genesis block will be shared with OKB holders, affected by this news, OKB rose by 6% in 24 hours, according to Wu Blockchain.

“The number one platform currency BNB (Binance) and the third platform currency HT (Huobi) both clearly stated that they will not issue a second platform currency. OKEx’s approach is somewhat different. The difference between OKT and OKB needs further follow-up Description.” Wu said.

What is OKexchain

OKExChain is a set of open-source blockchain projects developed by OKEx, aiming to promote the landing of large-scale commercial applications based on blockchain technology. It gives each participating node the same rights, allowing users to launch a variety of decentralized applications smoothly, issue their digital assets, create their own digital asset trading pairs, and trade freely. The cross-chain technology is the key to achieving the landing. Through the cross-chain module, the value interconnectivity, user interconnectivity, and scenario application interconnectivity of blockchain can be realized simply and efficiently, so that we can co-construct the ecosystem and the value-added system.

RECOMMENDED READ:  Enjin Coin, EOS, Litecoin Price Movement Analysis: 01st March 2021

Leave a Reply

Contact Us