Topic: [ANN] [TOR] Torcoin - X11 PoW - Tor Integrated Crypto - Torcoin.org - page 103. (Read 125349 times)

hey folks,

Just to address the ad-hominem attack on carsen ..

Carsen helped create the coin, but he is not the creator of the coin.  I am the one who developed the ideas for the coin and I am the one who will be promoting and marketing the coin.  I am also the one who owns 1 million TorCoin (Carsen has about 200k, maybe a bit more from mining by now, but not more than 300k). 

I created all of the specs for the coin, the ideas for the coin, the name of the coin, the logo and the website.  I am no newbie to the bitcoin sphere and I have hundreds of thousands of daily visitors to bitcoin sites.  I will be promoting the coin like crazy over the next few years.

I am long on the coin and I will not sell more than 1% of my stake unless the price hits at least $20.  Try me :-) Message me with an offer and it will be ignored.  I am in this for the LONG HAUL.  I believe TorCoin will reach top 5 cryptos on CoinMarketCap within 2 years.


Carsen is a core developer of the coin and I don't give a shit about his 'reputation', which to me is basically meaningless.  If he does a shit job on developing he can be removed or replaced. It's as simple as that.  Other people are welcome to join the development team.  The only thing I care about is whether people are doing a good quality job on a project. 

The point of crypto is that it doesn't much matter who is behind it.  The coin was premined 10%, which I believe is very reasonable.  Of that, I own 1 million coins and Carsen got 200k, and the remaining 90% is up for grabs to miners. 

If Satoshi Nakamoto turns out to be a Russian hacker, or an FBI agent, or just some asshole ex-con - who fucking cares?  The success of a crypto is not determined by its creator UNLESS there is some massive pre-mine (which 10% is obviously not).

Look at Dash .. it is doing exceptionally well despite the bad reputation of E.Duffield and the large 17% instamine. 

TorCoin is going to be huge. I haven't even started promoting it yet :-)  Once it gets properly listed on some bigger exchanges and on CoinMarketCap, I will be driving a huge amount of traffic to promote the coin.

So .. don't waste your time with ad-hominem attacks on Carsen, because he literally has no control over the value of the coin and even if he dumps his 200k share, it won't matter at all.  The code is fully open sourced. If someone else wants to jump on the core dev team, and they have the proper qualifications, feel free to email me; [email protected]

Otherwise, stop your bitching.

Yea I appreciate your concerns, The branding in general may be changed, It is up to my partner though as I am just the dev.

Yes you are correct, those papers have nothing to do with this coin, this is our version of Torcoin/Tor integration. I am currently finishing this feature up this week. My current scope is to integrate Tor so that anytime you open a Torcoin daemon/wallet it will automatically be running a relay node connecting to the Tor network and assigning a .onion address to that node. This does force the use of Tor with Torcoin, but it is seamless, however though like you said isn't necessarily a good thing. I would be all up for more discussion about this and how we should actually progress with it as a feature of Torcoin, I would be more than willing to work with the community on this, I want what you guys want.

Im not legally responsible. I am not an individual apart of any organization. There is no organization. This is just a crypto I was hired to make, the owner of the coin would be the one legally responsible, even then we will probably end up doing a rebranding. I dont need to argue with you on this. If you have questions of legality or more concerns, message the OP.

Also a C & D would be the first and worst thing to happen, if that does, rebranding to an enitrely new name could take place, no one is going to just sue someone without a notice. Get your facts straight

"On January 6, 2014, Kanye West's lawyers sent the development team a cease and desist order on the basis that the then-unreleased currency constituted trademark infringement, unfair competition, cyberpiracy and dilution.[11][12] In response to the legal threats, the development team changed the name of the currency from "Coinye West" to "Coinye" and moved to a new domain name.[13] By January 10, 2014, the development team stated that they had removed all references to West but instead "to a half-man-half-fish hybrid," a nod to a South Park episode in which West fails to realize why people are jokingly calling him a "gay fish."[14] These actions were not sufficient to appease West's legal team and a lawsuit was filed against the creators of the coin, prompting them to sell their Coinye holdings and leave the project.[1]"

Obviously those developers wanted to be sued, they could have changed entirely from Coinye West, but instead taunted him, prompting him to probably want to take legal action further, yea that is great way to prevent a lawsuit. lol...None of that crap is going to happen, if the Tor Project contacts us back and has a problem with the name then we can simply change it, and no we won't taunt them lol, we all love Tor.

Yes you are legally responsible. You are an individual that is part of the organization that is "torcoin." Kanye's lawyers went after the front facing manager and the developer of coinye. The fact that you are trying to rationalize copyright infringement shows your lack of knowledge of the law.

I'd just like to clarify to you that integrating the actual Tor® software into your "Torcoin" wallet is where the potential issue might arise.

... "Creating a new brand that incorporates the Tor brand is likely to lead to confusion, and commercial confusion is a sign of trademark infringement." ...

Crypto currencies that have previously built Tor connectivity directly into the wallet, such as Stealthcoin, were not named "Torcoin" nor did they use the ticker "TOR" or the onion logo.

...

The Tor Project, Inc. have previously discussed 'incentive mechanisms', (as a way to reward Relay and Exit node operators) for some years;

See: - https://blog.torproject.org/blog/tor-incentives-research-roundup-goldstar-par-braids-lira-tears-and-torcoin - N.B. that the TorCoin mentioned in some research papers is not related to the coin of this thread, by my understanding.

Incentive mechanisms relating to bandwidth have known privacy implications. If you are preposing to force wallets to act as Tor Relays or Exit nodes (which is not cool), then is it only the wallets staking balance which would provide a 'reward' ? As this cannot solve a 'nothing to stake' conundrum for new relays over time, for example.

...

My intention is certainly not to 'troll' your thread and I have both interest and concerns here. If you are serious, you should perhaps contact The Tor Project, Inc. directly. That is what they are advising on their own website.

Regards,

I am in no way legally responsible for this cryptocurrencies name. The name may be changed, but it will be up to the actual creator of this coin/brand. I simply do the coding. I will urge my partner to contact the Tor Project to see if use of the name would be okay, but I honestly don't see why they would be upset, especially if we contact them and work something out...There is quite a few apps out there that utilize the Tor Project name. Plus this coin has actual Tor integration....which only strengths and supports the Tor Project.

As a dev, you are just as legally responsible as anyone else involved with the coin. I hope you can afford a good lawyer.