OLBITX - Bitcoin protocol on Proof of Stake
Скопировано
Логотип OLBITX Stake Hedge Coin
OLX - Telegram Wallet (TON)
Buy OLX on STON.fi
Blockchain
The OLBITX Network - a peer-to-peer decentralized global network of tokenized cash. This Blockchain is based on the Bitcoin protocol and has evolved, according to the requirements of ecology and economics, to the level of the Proof of Stake (PoS) consensus.

The average return on staking on the OLBITX Network is 15% per year.
Your wallet with balance must be online in order to actively stake. This not only increases the number of coins in your wallet, but also improves the performance of the entire network.

OLBITX address in the TON ecosystem:
EQBur3GRavS07NaIVysuG4mldgkGQkNeCQxuduJbxK_o2QD3
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The OLBITX blockchain was developed by the OLBITX Foundation (traders, economists, investors) based on long-term practice in the economic environment of classical and cryptocurrency markets. OLX Coin is a digital asset of this Blockchain operating on the PoS mining protocol. OLX is a deflationary asset, which in the modern economy is called OverFlatCoin.

OLBITX Foundation is a non-profit organization. Her tasks include the development of the blockchain, its popularization and regular Airdrops. The 3,000,000 OLX premine was made in June 2020. All coins were distributed for free through several Airdrops among the Community. These Airdrops will be held quarterly until 2025.

Идеология
Ideology
We, the OLBITX Foundation, are staunch followers of Satoshi Nakamoto's endeavors.
He was not the first to question the credibility of the issuing policy of the modern banking system.
But he was the first to provide an alternative practical solution. Today we call it the Bitcoin protocol. A protocol...
We, the OLBITX Foundation, are staunch followers of Satoshi Nakamoto's endeavors.
He was not the first to question the credibility of the issuing policy of the modern banking system.
But he was the first to provide an alternative practical solution. Today we call it the Bitcoin protocol. A protocol in which all willing members of society are involved, decentralized managing both its emission and its price. A protocol that cannot be run by a single individual or a small group, but only by all members of the community. This means that everyone has an equal right both to participate in this project and to disagree with it - you just need to buy Bitcoin or refrain from doing so. It's so simple, quick and laconic.

Everyone who buys Bitcoin casts their vote for the creation of the most progressive, fair and equitable economic system possible. Isn't this what mankind aspired to 100, 200 or 300 years ago? Anyone who does not choose can simply do nothing further. This protocol points to this - if you want to live in a better world, make your own efforts. 

The value of the Bitcoin protocol lies precisely in the fact that social equality, achievement and the economy should not descend from above from inaccessible power structures, but should be developed and honed by society itself - especially on the threshold of the global socialization of planetary humanity, the transformation of which we are now witnessing. The idea of public self-government is far from new, but right now all the conditions are ripe for this - the global Internet, satellite communications, social networks and, finally, a decentralized protocol for a registry distributed throughout the globe.

But lately, many have been confused by the economic and environmental side of the Proof of Work protocol that Bitcoin uses. Yes, electricity is consumed really a lot - you either need to drastically reduce the cost of its production, or find another, more economical way to generate blocks in the network. We have no doubt that a more efficient way to generate electricity will be found in the near future, but for now we find the Proof of Stake consensus to be the best solution. Even with the enormous growth of the network and the number of transactions, the processor power and the size of the hard disk will not play any role, which is why we chose Proof of Stake for our blockchain, leaving the main part of the Bitcoin code unchanged.
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What is OLX?

OLX Coin is a modern form of decentralized digital money and coins based on Blockchain technology. It allows instant transfers to other people, the ability to pay for services or make purchases without any territorial restriction and everywhere. It is reliable, simple and safe.

Blockchain OLBITX used consensus algorithm Proof of Stake (PoS) that allows all owners of OLX to receive a reward per each block, not only ensuring the safety of the OLBTX network but also revolutionizing the ecosystem and the entire community.

The price of OLX is subject to only minor market fluctuations. Its gradual growth is ensured and stabilized by the private Stromberg Fund based on decentralized consensus solutions. The fund was created solely for the purpose of minimizing OLX price fluctuations, which occasionally occur during periods of excessive market volatility. This is achieved by investing in external assets, short-term trading and exchange arbitrage. The fund relies on its own capital and does not require external investments. Being private and independent, the fund nevertheless listens to the advice and recommendations of the OLBITX Foundation, as it serves the general idea of ​​this project - the development of public values, achievements and the economy on a decentralized basis. Only such an approach will be able in the future to take into account the interests of truly everyone and everyone, where the right to vote is granted to everyone equally and where voting takes place in the current moment with specific contributions, and not in endless political debates of an unattainable level. This is the advantage of Blockchain technology and the Proof of Stake consensus in particular.

OLX
Ticker
14 June, 2020
Launch date
21 million
Total coin supply
2044 Fall/Winter
Expected date of issue of all the coins
5 seconds
Time of block formation
2 mb
Size of the block
3.5million
Mined for today
0,001 OLX
Commission per transaction (≈$0.001).
Commissions are shared between all holders of OLX.
What is a stake?
Stake or staking refers to mining of new coins in a way of simple retention of already acquired coins in your wallet. This consensus is called PoS or Proof of Stake. Mining of the points happens due to the formation of blocks that are used for processing and confirmation of transactions (money transfers). The Staking Reward is a payment to the staker for the work done to maintain the network.
Диаграммы структуры инвестиционного портфеля
Already existing coins give birth to new ones
For example, 1000 OLX in your wallet during the year will produce about 150 new OLX. In another year, now 1150 OLX, about 172 new coins will be mined and there will be 1322 of them, and without any extra effort and with minimal energy costs. Every year the balance of your wallet will progressively increase.
As a reminder, your desktop or cloud wallet must be online in order to actively stake.
The reward in percentage terms is the same for all wallets. You receive them on your personal wallet. This is not always the case. For example, with widespread DPoS mining (Delegated Proof of Stake), you need to delegate your coins to someone else's masternode (full network node), while the coins are frozen from several weeks to a month or more, which quite hampers the management of your funds. That is why we have abandoned the freezing of funds in our Blockchain, giving OLX owners complete freedom of action.
Available desktop, online (web) and mobile wallets
On the OLBITX Network, any desktop or cloud wallet is a full masternode (just like Bitcoin). You just need to download it from our website and install it on your computer or laptop. You can then purchase some OLX from any user in our community by applying to Traders Chat or OLBITX Chat. Or create...
On the OLBITX Network, any desktop or cloud wallet is a full masternode (just like Bitcoin). You just need to download it from our website and install it on your computer or laptop. You can then purchase some OLX from any user in our community by applying to Traders Chat or OLBITX Chat. Or create an application in the peer-to-peer exchanger OLX Exchange in Telegram. Quarterly Airdrops are automatically enabled for wallets with a balance of 1400 OLX and above. The next distribution is scheduled for May 15 this year.

Desktop wallets can be found below in the Download section.

The online wallet is in the final stages of development.

Mobile wallets are under development (iOS, Android).

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The issue of OLX will stretch for 24 years
- this will definitely anticipate inflation
Such algorithm of emission is called deflationary.
Many modern Blockchains seek to counter rising inflation in many ways. This is usually achieved by increasing the emission period, which can stretch for decades. We deliberately limited the premine to give everyone the opportunity to participate in...
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Блокчейн OLBITX
OLX Exchange is safe
Our exchanger OLX Exchange is hosted in Telegram - it's very convenient and safe. The support is carried out by moderators from the OLBITX Foundation, so the exchanger does not work around the clock and is closed at night. In case of emergency requests, you can contact technical support using the menu. Purchases and sales are carried out between users who received OLX through the previous Airdrops. Selling on behalf of the OLBITX Foundation is completely excluded, as it is a non-profit organization that provides free Airdrops.

OLX Exchange for purchase/sale/trade
BTC
ETH
USDT
TUSD
EUR
OLBITX Foundation also ensures the security of the peer-to-peer OLX Exchange, support and monitoring of exchange processes. Buy and sell orders are placed with a minimum spread to reduce commissions. The price level is regularly recommended by the Stromberg Fund, but the final decision rests with buyers, sellers and the exchanger, based on the current market situation.
Airdrop OLX
The OLBITX Foundation (DAO) has never held an ICO and does not intend to do so in the future. The distribution of coins among the community is carried out exclusively through free Airdrops.

In June 2020, 3 million OLX was pre-mined, after which the blockchain was transferred to the PoS protocol.
2 million OLX was distributed among the community in several Airdrops. 1 million coins remained in DAO accounts for active staking in order to accumulate coins for all subsequent Airdrops. We are confident that only this approach is the most productive for popularizing our project.
Regular Airdrops will be held quarterly until 2025 (possibly longer). The next distribution is scheduled for May 15 this year. All wallets with a balance of more than 1400 OLX will receive from 40 to 130 coins automatically. In addition, active project participants with a smaller balance will receive 50 coins.
Airdrop
Advantages of Airdrops
 Графическое изображение логотипа
Trust
The distribution of all free premine coins certainly causes the maximum trust in the project from the community. It also serves to better understand the true goals of the project in the minds of potential users.
Графическое изображение доллара
Legal purity
Due to the fact that the project did not initially need to raise funds, it does not pass the Howey test, which means it cannot be equated to securities and therefore is devoid of regulatory difficulties. This also removes unnecessary fears from the community for the viability of this project and its future.
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Community
Regular Airdrops attract much more attention than single or infrequent ones. The more users get free OLX, which can be immediately staked on extremely economical staking on a weak PC, a cheap laptop or in the cloud, the wider and more powerful the global social reach.
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Инвестор принимает решение
For Investors

Institutional investors occupy a special position in the stock, equity, mortgage and other markets, since it is they who provide all these markets with the necessary capital. Many young and progressive ones have recently discovered the cryptocurrency market as well - this trend began to take shape...

Institutional investors occupy a special position in the stock, equity, mortgage and other markets, since it is they who provide all these markets with the necessary capital. Many young and progressive ones have recently discovered the cryptocurrency market as well - this trend began to take shape back in 2017 and has huge potential.

Still, the development of the Blockchain market is not moving forward as rapidly as we would like, although many large companies are steadily trying to take a confident position in this sector. They believe that the cryptocurrency market has great potential in the near future, as this relatively small segment of the market today will inevitably grow to volumes corresponding to its fundamental globality. And there is no doubt that Blockchain technology is global.

The main feature of institutional investors in terms of accepting new areas is that they shy away from markets where there are no or few other institutional investors. It turns out a kind of vicious circle, which slows down the saturation of the Blockchain market with tangible capital. And yet, the cryptocurrency market has grown over the past 6 years from $25 billion to $1 trillion, that is, 40 times. And that means it will continue to grow.

If you, like us, believe in Blockchain technology, its economic prospects and expansion, then we invite you to take part in our project. It is especially attractive for energy-efficient Staking, which does not require expensive Asic miners, powerful graphics cards and high energy costs. The average return on OLX staking is around 15% per year. The decisive factors are only the number of coins in your wallet and its presence in the network. We will be glad to see you as a part of our community and Blockchain!

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Download
Desktop wallets