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How do I verify OKX's ownership and balance of the wallet address?
Install the Bitcoin Core client, synchronize to the latest height, and then roll back the block to the height of the OKX snapshot Download Bitcoin Core here with version 0.21 or above Edit the configuration file of Bitcoin Core to enable access to the RPC node. Create ~/.bitcoin/bitcoin.conf file and open it with an editor or run the command of vi ~/.bitcoin/bitcoin.conf ,edit server=1 rpcuser=OKX rpcpassword=OKXWallet Enter the bin directory,run .Published on 26 Sept 2023Updated on 26 Jan 2026996Understanding OKX's Security Fund
The core purpose of the Security Fund is to absorb the shortfall created by "bankrupt positions."When a position is forcibly closed (liquidated), the system attempts to execute the trade in the market. If, due to rapid market movements and high volatility, the executed price is lower than the account's bankruptcy price, the resulting deficit (the excessive loss) is covered by the Security Fund.Published on 25 Mar 2026Updated on 6 Apr 20263Zero-Knowledge Proofs: what are zk-STARKs and how do they work? (zk-Stark V2)
It takes 3 hours on a single 10-core machine, compared to previous version's 36 hours using nine 64-core machines. This speedup is due to the usage of the Plonky2 framework, which compiles Rust-coded circuits into efficient machine language instead of using slower Python scripts. We also enhanced Plonky2 to run some computations on GPUs, reducing the time by an extra 30%. Better auditability: With Version 2, we use a high-level framework that handles complex cryptographic details for us.Published on 21 Oct 2024Updated on 11 Feb 202692
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