Topic: [ANN] TAU:The Active Unit | The First Proof-Of-Transaction Coin [POT] - page 15. (Read 25912 times)

Of course, you can join the development of the project by taking part in the project's bounty campaign or by becoming an investor. I think the team will only take your steps to the meeting. so it is really worth developing such a promising idea of this project.

I like the idea that small and medium enterprises should also get the chance to participate in artificial intelligence innovation once the platform is developed. It creates a level playing field in the economy.

Pls check TAUcoin.io for how proof of transactions work. We are using nxt difficulty level algorithm. We are running bounty programs now pls go website and do sign on wallet to get bounty coins.

interesting to see a new consensus algorithm POT but how it works and how it creates new block and how the difficulty rate will change in this algorithm?

Good night fellows! I sold all my BTCs, someone showed me how to invest in this ICO, a super profitable coin, and we would be rich. We have no any other way!

This is first of its kind project with the innovative POT which will resolve the issue of scalability when TAUCoin system becomes fully operational.  The crypto world will witness speed in transaction  that is extraordinary.

Is your ICO project structured as a corporate or non-corporate entity? Does your ICO fall within SEC jurisdiction? Are you SEC compliant? Where do the tokens fall on the Howey Test?

After a careful study of the TAU whitepaper I want to state clearly that the TAU project is one of the best crypto projects in the 21st century that is set to revolutionized the cryptocurrency space. Let join us hands to propagate the project to a successful completion. Thanks

I did not see anything special or unique in this idea. But this is true for today. I think for the team it is not enough to provide a link to the account on the forum, because it does not confirm the identity. Besides, it's Newbie.

I agree with your enthusiastic reviews. But I am confused by the small number of specialists in the project team of this coin. Such ambitious plans require a large team of experienced programmers and marketers.

Thanks for the encouragement. Let’s make it happen.

When I first saw this unique feature of blockchain I feel like this is the project that I really wanted. I like the 'POT' because I will gain TAU coins without doing by just holding. It is not difficult for this to be in the top market capitalization.

Yes, for sure in a true DAO...

Sounds like a great upgrade, love the implementation of the voting system to change the block rate. Will you be implementing club leader voting for any other changes in future?

Tau: plan to use automatic block interval replacing time interval
In the NXT, 1MB block size and 60 seconds targeting base for block generation, there are two scenario:
1. Many transactions within 60 seconds arrive transaction pool, exceeding 1MB block size capacity. Tau allow miners to generate block when they collected 5000 transactions(a.k.a 1MB). Replacing the idea of counting timer C, we use transaction counters before 60 seconds. When:
(Base x transaction number counter x Weight > randomness),
that miner can generate block. Both transaction and time counter reset.
2. NO enough transaction within 60 seconds. Time counter becomes effective. When the chosen miner not able to accumulate 5000 transactions, it can generate block when 60 seconds passed.
The benefits for above design is the more transactions the faster the chain processing transactions. However, there might be malicious miners want to destroy the chain by generating unlimited transactions to keep blockchain bloating.
The way to resist this attack is to limit block number per minute, we can start with 10 blocks maximum per minute. When community feels it is too slow, club leaders can vote on chain using their weight to increase by signal transaction.
Under same spirit, we can ask club leaders to vote reduce the time interval from 60 seconds downwards on chain.
In summary, TAU will venture into remove specific time interval on block generation.
-iMorpheus

Thanks for the kind words, we're glad you like it 

If you would like to find out more about the project, and perhaps even discuss any flaws or benefits you see with the current design, feel free to check out and participate in our ongoing debate, where you have the chance to win $1,000 and 1 MILLION TAU!

Link to debate -> https://bitcointalksearch.org/topic/bounty-winner-gets-all-proof-of-transaction-consensus-debate-bounty-4907712

See the interview with TAUcoin founder David Wu on the Pakman Show!

following this thread just because of dev's response.
interested on what will come.

That's unfortunately true, the market is not doing great right now, but since we're not an ICO, we don't have to worry about investors worrying about losing their investment. Some of the strongest projects of all time have been community coins, we hope we can deliver on the promise that so many have already failed to step up to.

What drives blocks growing? Time?

It seems to be natural that blockchain ledger grows along with time recording transactions, and time is the creators of order in transactions. However, on decentralized network, there is never consensus on time accuracy. Time signal as off-chain information can be fake.
Just like in human body, it is not “time” to drive biological aging, but gene mutation collectively drives aging. Gene mutation just happens along with time.
I propose the true driver of block growing, or “aging”, is transactions them-self. Most of blockchain projects are using specific time interval to create next block ranging from 10 minutes in BTC to seconds in EOS. I found the specific time is not an elegant parameter.
TAU team will look at using pure transactions to drive block grow rather than time. A formula in development will not use time but transaction fee accumulation as interval.
Our goal is to make Tau block chain grow at automatic interval, automatic size and automatic history weight window.
-iMorpheus