Lightpaper crypto meaning11/18/2023 ![]() ![]() After 10 years, supply will always be kept below the 4.015B through a burning scheme. supply to 4,015,000,000 OKU (including 10% affiliate reserve).Īs MainNet goes live, the unconditional rewards will become contingent on storing data / validating transactions, but the 1,000,000 OKU emissions per day and the strict max. Rewards will be emitted over a period of 10 years, limiting the max. ![]() Bitoku will emit 1,000,000 OKU tokens per day, or 365,000,000 OKU per year plus reserve for affiliates at 10%.ĥ00,000 OKU/day – Bitoku Labs (development and management)ĥ00,000 OKU/day – Shared equally among all node owners.However, Nodes will emit daily rewards in the form of OKU tokens & can be used for storage services on even before the Bitoku chain goes live.When the Bitoku Blockchain MainNet goes live in 2023, OKU will be the medium of exchange to pay for data storage.Any mention of OKU tokens or Nodes in this document is exclusively limited to OKU tokens’ or the Nodes’ functional utility in the context of the Bitoku protocol. Neither OKU tokens nor Bitoku Nodes are investment vehicles, and nothing in this document should be construed as characterizing them as investment vehicles. expressly recommends that you seek advice from a professional. Regardless of anything to the contrary, nothing available in or through this document should be understood as a recommendation that you should not consult with a financial professional to address your particular information.īitoku Labs, Inc. We have done our best to ensure that the information provided and the resources available for download are accurate and provide valuable information. Nothing provided in this document is, and shall not be understood or construed as, a recommendation to purchase any cryptocurrency coins or tokens. The information in this document is not intended as, and shall not be understood or construed as, financial advice.īitoku or its representatives are not attorneys, accountants, or financial advisors, nor holding themselves out to be, and the information provided is not a substitute for financial advice from a professional who is aware of the facts and circumstances of your individual situation. Welcome to the future of the world’s information. That’s why Bitoku is setting out to create a decentralized storage blockchain that people like you and me would actually want to use.Ī decentralized blockchain that developers will build on to create experiences that they know from centralized services such as Dropbox, enterprise backup, key-value store, and more.Ī storage blockchain that works for all, doesn’t strain the environment – owned and governed by you, the users. However, adoption in the real world has been lagging behind expectations. There are a few decentralized, blockchain-based storage platforms out there, pioneered by Filecoin. ![]() Storing the world’s data reliably, in a decentralized way, with fast and easy participation and retrieval, is a critical component of the further development of our world. And for most classical blockchains today, data storage hasn’t been a top design priority. There is no “data processing” without data. However, storage of data in all shapes and forms is at least as important as processing. The issue with Blockchain 2.0 is that its focus is on “processing”, such as processing transactions and smart contracts, i.e. Blockchain 1.0 was just currency, like Bitcoin, Litecoin, Dogecoin, etc.īlockchain 2.0, that was pioneered by Ethereum, introduced programmability, often dubbed a “world computer”.
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