http://static6.businessinsider.com/image/51dc2a15eab8ea671b000000/a-new-digital-currency-concept-solves-one-of-bitcoins-most-obvious-flaws.jpgWhy TOPcoin?It’s simple we want to be the top coin to ever exist in the crypto world! Our goal is to launch one of the most sophisticated algo for topcoin with the most complex security code built into it. This new algo will not be anything like sha256 or scrypt TOPcoin will reach the tops! And will be around for ages to come, do you want to be on the top or on the bottom? Decision is yours… act fastTotal units of TOPcoins: 124.096.000
Security:In the first step it will be possible to anonymize your actions using TOR and the built-in mixing service.
Once our truly anonymized protocol is finished, there will be no need for this, as the transactions will not be associated with a given account anymore. More on that in the whitepaper.
Progress:Network code: 90% done
Nodes: 90% done
Client: 50% done
Features: (all of them are already working in the testnet!)
Unlike Bitcoin and many others, we split up the client and the nodes. This is much more user friendly and will lead to less end-user problems.
The node with all features will be published on release on Windows, Linux and Mac.
The nodes will have all client features (see below) plus this features:
- Distributed storage
- Advanced DDoS protection (you can read details on this in the white paper that will follow)
- Blockchain purging, with bootstrapping. (Master nodes will keep the whole blockchain)
- Secret killer feature, which will be revealed in the whitepaper!
The lightweight client can be used on Android, iOS, Windows, Linux, Mac and as browser plugins on Firefox and Chrome.
The client will have the following features (all can be dis/enabled):
- Encrypted chat/messaging
- Alias System (Every account can create one free alias, everyone after that will cost the minfee. Alias can be traded freely on our decentralized marketplace. But the free alias is blocked from trading for 1 month.
- Send to aliases (no need to remember the account address)
- Decentralized marketplace where you can trade any asset/alias
- Voting system
- Mixing service
When will the Whitepaper be released?In 1-2 weeks
When will the source code be released?We will be releasing the source code within 1 week prior to releasing the whitepaper
What about the Website, Forum, Faucet, Exchange, Block explorer?We have registered all the necessary domains and one of our developers is using 100% of his time to finish those right now. How do we participate in the IPO?The IPO will run until the 30.01.2014. This is one week before the official launch and the genesis block distribution. The nodes and clients will be downloadable 2 days before that.
The IPO will distribute the 50% of all coins to early stakeholders. This is a total of 42.030.000 Units of TOPs that will be distributed.
Due to the whitepaper only being released on the 19.01.2014 we will split the 42048000 into 3 parts and distribute one part of 14.016.000 units per week. So investors that decide to invest before reading the whitepaper will get more coins per investment. We are sure that after the release of the Whitepaper, the interest in this coin will skyrocket.
These funds will be used to finance this project and set bounties for sites/programs and promotion. No TOPs will be kept for this purpose as we find that to be unfair part of other problems, as this distribution is never clear to the users.
There are a total of
124.096.000 TOPs ever in existence.
Of those,
50% will be distributed within the IPO. A third of those per week of the IPO.
25% will be distributed as fees over the span of 4 Years.
The last
25% will be used to stabilize the network within the first year by rewarding nodes.
The BTC address for investments is: 15s5fQvaKVjmhBNBL2Lp3c5FWppUQCwH9x
The LTC address for investments is: Li4M2ty6ytRHwczHshtVBMmqA8pGxdu3qLInvestors PM me once payment is sent so I can add you to the list