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Topic: [ANN] TAU:The Active Unit | The First Proof-Of-Transaction Coin [POT] (Read 25902 times)

newbie
Activity: 6
Merit: 0
Great project ,
brand new
Activity: 0
Merit: 0
good luck to your POT concept obviously more people should see and contribute to this idea
newbie
Activity: 15
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newbie
Activity: 18
Merit: 0
brand new
Activity: 0
Merit: 0
newbie
Activity: 1
Merit: 0
An ambitious project and good luck to your POT concept obviously more people should see and contribute to this idea.
brand new
Activity: 0
Merit: 0
hello its good opportunity
brand new
Activity: 0
Merit: 0
newbie
Activity: 15
Merit: 0
brand new
Activity: 0
Merit: 0
newbie
Activity: 6
Merit: 0
newbie
Activity: 15
Merit: 0
jr. member
Activity: 89
Merit: 4
[...]

As per proof of transaction is, you do not need to send those tx to wallets X, Y, Z.



TX is send to the system (at all coins or almost all coins, back to next miner) not to the wallet of the person you send the coin.

[...]

You can wire all the tx into your own wallet.



I dont really understood it, this means it works like proof of burn, or it means you can "send the transaction fee", without actually sending a transaction and so its basically proof of burn that instead of being frozen the coin goes back to the next miner?
newbie
Activity: 60
Merit: 0
I need to research more about tau, BUT does proof of transaction means that if an wallet X send Y coins to another wallet, Y stakes will be added to wallet X?

This could lead to problems like guy sending coins from wallet X to wallet Z and then from wallet Z to wallet X and then from wallet X to wallet Z and this goes on and on and on.... You problably tried to make some changes to stop this and other problems, but my question is:

Why not just make it proof of transactions fees, instead of proof of transactions? Its very close to proof of transaction and solves alot of problems.

As per proof of transaction is, you do not need to send those tx to wallets X, Y, Z. You can wire all the tx into your own wallet.

More tx you will have, more mining power and high chances to mine the next block with rewards.

The guys still have the same focus but many changes and upgrades have occured, its now called, their protocol, Perishable Proof Of Transaction (PPOT), that means, if you do not open your app for more than a month, your account will be forgotten. So check back in your wallet at least once or twice a month to forward your account lifespan, interesting!
newbie
Activity: 60
Merit: 0
Do you have an exact date when the swap of coins will occur?
What to do with coins on a local wallet, do I need to transfer them back to a web wallet?

No ETA, but as far as I know as per CEO's words from weekly AMA (SUNDAY) via their official telegram, the app now is released for the community testing accompanied by several upgrades (ongoing) , meanwhile you can create your local community coin in the app and airsrop to your members, and TAU as main coin will be launched later after attaining 1m users, at that time ppl will be able to convert their test coins (TAUT) and old TAU (on ipfs) into the new TAU (serverless).

For more details you can ask in their main telegram, admins and CEO are pretty active.
newbie
Activity: 1
Merit: 0
🔥🔥🔥Exciting NEW News for TAUcoin!!! 🎉🎉🚀
           Freely Operate Ads Coin

As we are expecting a lot of great development for TAUCOIN
By free creation and airdrop of your crypto coins to members, a community is created. Coins holders can make money by selling coins to any marketeers,
who can display Ads and chat with members

We encourage everyone to download the TAU App beta immediately!

Easily click the link below
https://taucoin.io/download

TAU is a serverless blockchain tech without using dedicated host, while everything is on phones network

We do not require you to buy any TAUcoins. TAU is FREE and open source.


If incase you have questions, do feel free to ask for clear instruction on our telegram https://t.me/taucoin
sr. member
Activity: 624
Merit: 260
Do you have an exact date when the swap of coins will occur?
What to do with coins on a local wallet, do I need to transfer them back to a web wallet?
jr. member
Activity: 89
Merit: 4
I need to research more about tau, BUT does proof of transaction means that if an wallet X send Y coins to another wallet, Y stakes will be added to wallet X?

This could lead to problems like guy sending coins from wallet X to wallet Z and then from wallet Z to wallet X and then from wallet X to wallet Z and this goes on and on and on.... You problably tried to make some changes to stop this and other problems, but my question is:

Why not just make it proof of transactions fees, instead of proof of transactions? Its very close to proof of transaction and solves alot of problems.
jr. member
Activity: 124
Merit: 6
Challenger in Space
TAU has an airdrop just today. You can view it full here https://bitcointalksearch.org/topic/m.50835486
hero member
Activity: 980
Merit: 500
Congratulation, Ali Bahreini — TAUT 2019 President
Ali Bahreini has won the election from the Taucointalk.org report

https://medium.com/@davidwu_30530/congratulation-ali-bahreini-taut-2019-president-18e1a7fde821
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