Awesome!

    Message sent to You.

Thank you

You can send the reward to my Sig!
Thanks!

Welcome to the exciting world of cryptocurrencies, and to one of the most efficient coins with no errors at all and a fast secure and growing network!


First assumption is correct, OKCash is a Proof of Stake cryptocurrency which is more sustainable long term, more fair with the coin holders and way more eco-friendly than Proof of work.

-To stake: You need to have coins in your wallet and leave it running, this wallet is a "node" in the network, The OKCash network is created by a lot of this nodes scattered around the world, anywhere where people download and start staking their coins, That is why it is Decentralized and free from middle men, as the users are the real power behind the network, so this nodes connect to each other and there is no Central authority or single points of failure like with masternodes or other way of distribution.  After leaving your wallet open, around 24 hrs later you should start getting your first stakes (coins) and this coins get mature and ready for use after 69 confirmations in the network which you can check in the wallet under the transactions tab.

-Security: The connections to the wallet are normal as they are other nodes connecting to yours and viceversa, your wallet automatically blocks unofficial or malicious nodes it detects, even so you could download and use malawarebytes to increase the security as it blocks malicious ip addresses extending even more the security of your connections, to have maximum security you should always download official clients and only from official sources.

-Wallet encryption: You should encrypt your wallet so in case anyone else gets access to your computer (Via physical or internet access) they can not use or spend your coins as they would require the password to send any transaction as well, and the information inside its encrypted.
To Stake you can unlock only the staking process by selecting the small box "stake only" when unlocking your wallet, that way will still require your password to send coins out of your wallet but it will be able to do the stake process. (A fully encrypted and locked wallet does not stake)


-More properly speaking that wallet.dat file is your real personal wallet (the program people normally call a wallet is in fact a Client or Daemon if is used under its graphical or command line interface).  So your real "Wallet" and the file you should always keep secure backups of it is that .dat file.

-Wallet.dat: This file contains your private keys, in easier terms  it holds your addresses and all the coins in them, that is why only you can use those coins, because only you have this private keys, if someone else get access to the private keys they could spend the coins, hence why encryption and security is important, and having a backup of it on a secure usb device just in case of anything happens to that computer.

to restore a wallet you just need to place the wallet.dat file into the Data folder,
For example, on Windows you can find that folder at: %appdata%/roaming/OKCash and then just start the Qt client and let it Synch.



The coins are able to start getting stake (earning) after the first 8 hours in your open wallet, depending on the people staking in the network you could start earning your first stakes after 24 hrs or more before you start watching a constant influx as they are gaining weight in the network.

Maturity: a coin is mature when you are able to use it, on OKCash your coins mature after 69 confirmations.



This works a bit different from that perception we have of files. Ill try explain

As we just saw, our wallet stores private keys (addresses) and we have to remember that there is a blockchain (where all the transactions are stored), the blockchain is stored across all the OKCash network nodes hence is decentralized and always available.

So. If you create a backup of your wallet when it has only 3 addresses, you could consider that backup valid and all your coins safe no matter when on time, as long as you dont create another address, as that backup only has 3 saved, so if you create more addresses then you would require to make a new backup, so you really have a full backup of all of your private keys (addresses).

As the Blockchain or in this case OKChain stores the transactions, as long as you have your private keys, the coins in those addresses are safe. So if you lose your hard drive with 600 coins in it, as long as your backup holds the private key for that address, you will have the full balance, no matter if someone send you more coins to that address and you had the computer off, you would still have the 600 coins and the new ones people send you as the transactions  are stored on the Chain so are never lost, and as you hold the keys for your address, then only you can access them.


In easy terms.

You could think in your weight as "age and quality" of the coins in your wallet for stake.


In more technical terms:

The weight of every address starts at 0. When an address provides a signature, its weight increases so that after several signatures, the weight approaches the number of coins in the address as of the last signature block. For example,

New weight = 0.9 * Old weight + 0.1 * Balance

If a signature is not provided by the address in a signature block, its weight decreases:

New weight = 0.9 * Old weight

This way, addresses whose owners do not wish to participate in signing do not hamper the ability to reach a majority.

If an address signs two conflicting blocks, its weight is reset to 0. This is to limit the power of malicious stakeholders.



Hope that helped, Welcome to the community

ROKOS v2 Released !

BTCT Direct Link: https://bt.irlbtc.com/view/1084908.0

Raspberry Official Forums Link: https://www.raspberrypi.org/forums/viewtopic.php?f=41&t=112913

*****************************************



We've seen new services selling "stake miners" for different currencies, we support the new technology and uses for cryptocurrencies in the Rapberry Pi environments, hence we came up with a Free solution for every Pi enthusiast, developer, user, service that want to try their first cryptocurrencies on their Pi systems, or that would like to turn their Pi into a Staking device, It already includes a synched and fully functional wallet for OKCash to provide them with the best and easier Out of the Box experience.

v2 Update: Based on feedback and more research we find out that a lot of new crypto users have issues for getting Bitcoin, Litecoin and Dogecoin wallets to work in their Pi, and some people complain about the long time it takes to compile the wallets and get them running, so BTC, LTC, and DOGE wallets and daemons are included in ROKOS since the v2 release and forward.

The First OS image release that merges the full power of Raspbian and Cryptocurrencies:
- ROKOS v1 comes with an integrated OKCash wallet and Synched Chain. Released on Jun 9 2015.
- ROKOS v2 and forward includes the Bitcoin, OK, Litecoin and Dogecoin Wallets. (OK Chain Synched) Released on Jun 30 2015.


Specs:

v1 Release Jun 9 2015
- Full burnable OS Compatible with the Raspberry Pi systems.
- Raspbian based.
- Active Firewall out of the box.
- Dev tools (makes it easier to compile Bitcoin and other cryptocurrencies wallets into the system)
- Works with other cryptocurrencies.
- 1024 swap.
- Updated OKCash wallet with full Stake functionality, encrypted messages and a Synched OKchain.
- Disabled SSH (can enable if required)
- Direct access to the wallet Via: Desktop shortcut, Menu > Internet.
- ZIP file - Compression: Only 1.6Gb image to download, 4.4GB uncompressed to burn.


v2 Release: Jun 30 2015
- Includes qt 4 and most developer tools to compile almost any other cryptocurrency wallet if required.
- Interface and Logos Redesign.
- Official ROKOS logo Redesigned and added to start menu.
- Latest Bitcoin Core QT wallet v0.11.99 with direct links. (includes daemon)
- Latest OKCash Core QT wallet v2.0.0 with direct links, Full Stake functionality, encrypted messages and Synched Chain till June 30 2015. (includes daemon)
- Latest Litecoin Core QT wallet v0.10.2 with direct links. (includes daemon)
- Latest Dogecoin Core QT wallet v1.8.2 with direct links. (includes daemon)
- Disabled SSH (can enable if required)
- Security and System Updated.
- 1024 Swap mod.
- Updated Out of the box Firewall already configd only for wallets and web access. (and ssh IF you enable it)
- RAR file - High Compression: Only 1.6Gb image to download, 5.5GB uncompressed to burn.

Requirements:
Any ROKOS version:
- Raspberry Pi B or 2 (v1 Should work for A but further testing is required, hence not officially supported yet)

ROKOS v1:
- Min 6gb SD card. (Class 10 for optimal performance)

ROKOS v2:
- If you will use ALL the wallets:
Min 8gb SD card and an External device (usb or hdd). To synch the chains on the external device instead of the SD card, BTC chain alone is around 40gb.

- If using OKCash, Litecoin and Dogecoin: Min 32gb SD card. they fit together in the card for now, external device recommended.
- If using only OKCash and Litecoin OR Dogecoin (2 wallets): Min 16gb SD card.
- If only using OKCash: Min 8gb SD card.

Future Versions:
- Security updates.
- Chain Updates.
- More Cryptocurrencies will be integrated for an Out of the Box experience in different versions called FLAVORS.
- Designs Updates.
- More wallets, programs or features, based on users feedback and cross collaborations.



1.- Download and Burn the OKCashPi Image to a micro SD Card like you would with any other Pi Distro.
Jun 6 2015 - ROKOS v1 (OK) - DOWNLOAD
Jun 30 2015 - ROKOS v2 (BTC OK LTC DOGE) - DOWNLOAD


a) Login with user: Pi   password: raspberry    
b) Type:    sudo raspi-config    (This will get us to the config menu)
c) Expand the file system by selecting the proper option.
d) Allow booting to desktop (StartX) by selecting the proper option.
e) Set up your Time Zone by selecting the proper option.
f) Exit and restart the system (It will restart on exit)



*note: Remember that the password will not be displayed as you type it; there are no Windows-style * symbols representing the letters. Instead, it will appear that you haven’t entered a password. This is a security feature to prevent people guessing the length of your passphrase. Just type the password regardless.


sudo passwd
(write your new password, this will change the password of Pi, the main use account)

su root
enter password:  raspberry

passwd
(write your new password, this will change the password for the root account)

exit
(leaves root account and goes back to Pi account)

exit or close the terminal window

RESTART the system one last time so it can start with correct configurations. (correct mount of tmp for the tech savy)


a) Go to Menu > Internet and Click on the OKCash Wallet

This will open the OKCash wallet, give it some minutes for the initial setup, OK Chain is Synched so it will be ready for use in the next minutes.

*Repeat the previous step with the Desired Wallet you would like to open and use.
*For BTC LTC and DOGE the initial synch will take some hours and even days in case of Bitcoin's Chain, wallets are fully usable after being fully Synchronized.


b) Make a backup of your wallets and save in USB or external media.

Use your OKCash wallet to Stake, Send/Receive OK cryptocurrency or send and receive encrypted messages with other OK users.

Important Security Notice:
Remember to create a backup for your Wallets, you can use the wallets to create them and save in different folders on a USB device.
You should ALWAYS have a backup of your wallet, Raspberry Pi Hardware and the Software are under development hence is not responsible for missuses, electrical or compatibility issues that might cause a loss of information. It is as secure as one's ability to take care for it, same as a computer, so always have a backup of your wallets on an external device.


You can start testing and developing new integrations with the Bitcoin OKCash Litecoin & Dogecoin Tech with your IoT projects.

Great post, nice update dev

500k thats a lot

By the way, some  sites make reference to old name

     https://www.cryptocoincharts.info/coins/show/pimp

someone must take care off this, advicing to each site founded.

Fixed,
and sent the request to ccc , they already have OK listed at: https://www.cryptocoincharts.info/coins/show/ok  so they only need to remove the old one,
thanks for the help and feedback.