This is not a wild guess. I have hard technical proof that TorCoin has lied about their Crypto Currency.
I'm a certified Network Engineer with a little over 10 years experience. Most recently I worked for a very large ISP in their core engineering department. I'm also kind of a nerd, so in my free time I like to investigate how things work, especially if they are network related.
I have experience with Tor and anonymous distributions like Tails. My primary interest at this point is to find out how secure TorCoin really is. If you are familiar with anonymity, then you should be aware that leaking network data on the clear net (the regular internet) is a big concern. Leaking any data related to you or the app you're trying to conceal will give you away.
To test, I configured a Windows 10 Virtual Machine and setup Wireshark. After installing and launching TorCoin, I performed a series of packet captures. For the sake of being brief, I discovered that most of the claims made by TorCoin are false. TorCoin does NOT integrate with The Tor Network. It does NOT keep your usage private.
Here are just a couple things that I found!
* Clear public NON-Tor DNS traffic asking for
http://seed.torcoincoin.com *
Clear public IRC traffic to irc.lfnet.org and irc.smutfairy.com * Does NOT connect to The Tor Network!
* Does NOT keep your use of the coin anonymous!
* Nodes do NOT help The Tor Network.
Here is a screenshot of the IRC traffic:
The TorCoin OP says you are untraceable. I found a central location where I can track all the connected nodes.
You can see the IRC room with all the connected nodes here:
You can download the Wireshark packet captures here so that you can see for yourself:
https://www.dropbox.com/sh/48nhs90ia6rosop/AACTChe_153XeFptUUGtSRsGa?dl=0 BitCoinTalk member
TheTorCoin makes these
FALSE claims on his thread:
"Torcoin is a cryptocurrency similar to Bitcoin featuring numerous improvements and innovations, such as full integration with the TOR network, stealth sending technology, and complete anonymity."
"There is never any need to 'mix' or 'anonymize' your TorCoins - they are anonymous by default. TOR is fully integrated with TorCoin, which means that a snoop or attacker watching your internet connection will not know if you are using TorCoin - and other TorCoin users cannot determine the physical location of your Torcoin node."
"Completely Untraceable. No one will ever know you are running a TorCoin node - your real IP is never broadcast to the network because TorCoin runs over Tor."
TorCoin communicates with other nodes over the regular internet. Your IP address can be seen by everyone! I was able to do a reverse lookup on a node and found a user on Comcast. His claims are misleading at best. I personally feel the creator of this coin has done this intentionally. It is my educated opinion that you avoid this cryptocurrency.