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Attention!
Personal cabinets update in progress, due to the integration of the Octoin Coin's cryptocurrency on the website, as well as the Ethereum Zero fork! We apologize for the inconvenience!
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  • OctoinJanuary 23, 2018

    Dear investors! Today we have prepared for you two important news: about the progress of the OctoinCoin network testing and something exclusive. The main news is that the development team integrates the algorithms of cryptocurrency very carefully and responsibly. Also, at a moment there is ongoing testing stage of some important algorithms of the user wallets, such as:

  • OctoinJanuary 22, 2018

    Today we will tell you a little about mining and its types. This will be useful for beginners. Also, the experienced crypto investors will be able to refresh the basic knowledge in memory. In order to talk about the types of mining you need to know about the definition of mining. So, "mining" is the process of mining the cryptocurrency. This is a natural way of obtaining a cryptocurrency using the power of a video card or processor. They perform certain calculations releasing new data blocks. For doing this, the owners of the facilities receive a reward.

  • OctoinJanuary 22, 2018

    It remains a very little time before the opening of a new era of development of our project: a full-fledged launch of our OctoinCoin cryptocurrency. The tasks for testing the systems readiness to work with OctoinCoin are almost completed. Until now there are several more work processes that have been going on: - There already have been successful extraction of the first genesis block (POW). All the planned pre-mine of coins is located for now at the main system’s wallet.

  • OctoinConferencesJanuary 22, 2018

    We are again announcing a marathon of conferences in Indonesia. It will last the whole of February and everyone will have the opportunity to listen to our speakers. At these events, you can learn more about the blockchain, cryptocurrencies and how you can earn money with the help of the Octoin project. In January, many meetings and conferences have already been held, but the Indonesian team is not going to stop. Great work!

  • OctoinConferencesJanuary 22, 2018

    On January 11, a large-scale Octoin conference was held in Palangkaraya, Indonesia. Professional speakers, members of our team told future investors about blockchain and various cryptocurrencies. Of course, our project Octoin was also discussed. Our lector had explained in details about the differences and the advantages of our platform, as well as about the convenient instruments for trading, mining opportunities and fast p2p-exchanger.

  • OctoinJanuary 21, 2018

    Dear participants, yesterday Octoin senior manager Kate Grace replied the questions and updated all the community about recent new. You can listen to the webinar and get all the information The agenda of the webinar was:

  • OctoinJanuary 21, 2018

    Great news to all the members! One of the biggest Nigeria radio station Stereo 99.1 FM Port Harcourt Rivers State talked about our platform. “Get ready for your financial revolution!” - began the broadcast announcer and he was not mistaken. Our team is very ambitious and is not going to stop despite the major achievements that we already have.

  • OctoinJanuary 19, 2018

    Our team is pleased to announce the imminent start of our cryptocurrency. Soon you will be able to use all the opportunities associated with OctoinCoin. Checking the OctoinCoin code is completed and the electronic wallets are ready to be launched. Purses will be available for download immediately after the official launch of the network (the test network has already been launched and tested). Also passed the last phase of preparation: premining is carried out, and the genesis is formed.

  • OctoinJanuary 19, 2018

    We received news that the Octoin partnership and the Yobit exchange were established. The representatives of Yobit came out to communicate with us and agreed on cooperation with us.In the shortest time, technical and administrative issues were resolved. In the very near future our cryptocurrency will be maintained on the Yobit exchange. Users will be able to trade and make transactions.

  • OctoinJanuary 19, 2018

    Recently, our marketing department conducted regular monitoring of social networks. Usually we look at the mood of people, as well as read the latest news about crypto-currencies and various ICO. This greatly helps to stay in the trend and understand what people expect from us.

  • OctoinConferencesJanuary 19, 2018

    Our Nigerian team announces the continuation of the work and announces a "double" conference, which will be held in the city of Port Harcourt. On January 20 at 11 am and at 2 pm there will be two meetings at the Swiss Spirit Hotel. All are invited to attend. Professional speakers from our team (Chinyere Kingsley Ubong, Okoro Simeon Chinasa, Judith Antsah) will talk about cryptocurrencies and blockchain. You will also learn how to make money on the Octoin platform. You can all see how on Octoin you can trade, invest and work with the p2p-exchange. And of course, everyone will have the opportunity to ask any question to our representatives.

  • OctoinConferencesJanuary 19, 2018

    On January 30, the first large-scale Octoin conference will be held in Shenzhen, China. Experienced leaders from our Chinese team will talk about cryptocurrencies, blockchain, as well as our project Octoin. Particularly will be discussed various ways of earning in this area and the advantages of the Octoin platform.Leaders from all over the world will arrive at the conference: there will be representatives from Vietnam, Malaysia, Nigeria, Indonesia, Turkey.

  • OctoinJanuary 18, 2018

    So the 2018 USD New Year contest of the most creative and original Octoin logos came to an end. The competition was held from December 27 to January 10, participants had to make the Octoin logo from various items related to the winter and New Year themes.The first three places received $ 500 each, the fourth - $ 300, the work that was in fifth place - $ 218. Below you can see the winners and their work.

  • OctoinJanuary 18, 2018

    Our cryptocurrency continues to develop: at this moment there are negotiations going on with more than 20 different exchanges. We discuss with them the details of OctoinCoin release and the further cooperation. We have made the first step towards this direction. The conversion of 1:100 of OctoinCoin have already been done. It was one of the request from the international exchanges that we are going to cooperate with.

  • OctoinJanuary 18, 2018

    The Bitcoin exchange rate have dropped down below 10 000 USD first time since December 1st, 2017. As of the evening of January 17, 2018 it was 9,529 USD per 1 BTC. it dropped at 21% in 24 hours and at 33% for the last 2 days. From the top maximum value in December 2017 (20,090 USD) the rate have dropped down more than twice. The Ethereum rate, the second top cryptocurrency has also dropped but not so much: from 1,200 USD to 980 USD.

Competitive advantages
POS Consensus Algorithm
The main technological feature is the use of the scrypt function as a hashing algorithm and a POS generation system.
Proof-of-stake (PoS) - a method of protection in crypto currencies, based on the need to prove the storage of a certain amount of funds on the account. When using this method, the algorithm of crypto currency is more likely to choose an account with a large amount of funds in the account to confirm the next block in the chain.
In other words, the blocks are signed by the nodes of the stakes (the owners of the shares). The probability of signing the block increases depending on the size of the stake. Therefore, the crypto currency is resistant to most attacks to which POW systems are vulnerable. In addition, coin self-organization will be carried out through mining, where a direct stimulus to the support of the network will be the issue of new coins.
Another not unimportant advantage is that the OCC mining technology does not require the cost of power supply for storage and processing of colossal databases serviced by huge mining farms.
OCC Mining is more energy efficient!
Security
OCC uses several cryptographic algorithms to ensure the security of its users:
The first of these is ECDSA, a public key encryption algorithm that is associated with every coin in a system using a public key, private key and signature, so that each node of the network host can verify the coin's identity.
The second is the already known encryption algorithm SHA-256 and is considered the gold standard in most crypto currency in the world.
SegWit
Thanks to the use of SegWit, which implements approximately fourfold increase in the block size. Each block in the OCC will be generated in 2.5 minutes versus 10 minutes in cryptothermics based on POW.
Capacity without the use of Lightning Network 7 - 10 transactions per second.
Capacity with the use of Lightning Network technology is more than 100 transactions per second.
Lightning Network
LN technology gives OCC a number of excellent features, one of them is an unlimited number of transactions processed almost free of charge in the so-called payment channel. The Lightning Network protocol also allows you to calculate the network commission only when the channel is closed (for example, at the end of the day or month). This fundamental feature is difficult to overestimate, as it will several times increase the efficiency of using the capacity of the blockchain network.
The implementation of Lightning Network is a priority task, which will go into development immediately after the launch of the blocking system and the release of all major purses.
Development of the SDK and API
We understand that no online business can exist today without a clear and stable use case. We will prepare and provide a complete package of integration solutions designed for the most popular online systems that exist today, as well as provide you with clear and simple documentation.
OCCode
This is the possibility of cold storage and transfer of coins through code. This is a convenient and safe method of transferring coins to a user who may not even have a purse at the time of receiving coins. After receiving and activating the code, the user replenishes his balance for the amount of OCC mortgaged during the creation of OCCode.
Anonymity
Each user is allowed to create an unlimited number of addresses. The lack of administrative management and peer-to-peer status makes private or government regulation of the system impossible.