Dear Rotten Egg,
Skang is a reasonable individual and he would probably be the last person to feel scared or intimidated in any way.
Thank you for calling all of our parents rich!!
Nice pseudo-name, Suits you.
Trestor Team
www.trestor.org
@trestorconnect
Topic: Critical problems with Trestor - Read before use (Read 13957 times)
Trestor - A confirmed cryptocurrency scam ! [Part II]
https://bitcointalksearch.org/topic/trestor-a-confirmed-cryptocurrency-scam-part-ii-1112771
https://bitcointalksearch.org/topic/trestor-a-confirmed-cryptocurrency-scam-part-ii-1112771
Sorry, but I cannot let this statement unchallenged:
You are assuming that there is an “algorithm” in Bitcoin preventing the creation of new coins “out of thin air”. That assertion is full of misconceptions. The creation of coins is defined by the protocol. The protocol is, whatever the majority of miners defines it to be. The Bitcoin protocol is not unchangeable, quite the opposite: It changes a lot over time in order to improve Bitcoin. This also comes with bad side effects like the fork a few day ago:
Coindesk: Double Spending Risk Remains After July 4th Bitcoin Fork
The only thing that prevents miners from changing the number of newly created coins is their incentive to not devalue their reward. This can easily change in the future as default reward is going down and income from fees may not rise to the same level.
The situation is the same with Trestor validators. They will reject any transaction that is not covered by existing accounts, rendering creation of coins impossible. It is in the hand of the majority how all these aspects of the protocol are defined, and maybe changed in the future.
And all of this by the way has nothing to do with proof-of-work.
4. If a majority decides that a transaction is valid, that transaction is validated, irrespective of any algorithm preventing trests to be created out of thin air; not even Trestor, because again, they have no proof-of-work.
You are assuming that there is an “algorithm” in Bitcoin preventing the creation of new coins “out of thin air”. That assertion is full of misconceptions. The creation of coins is defined by the protocol. The protocol is, whatever the majority of miners defines it to be. The Bitcoin protocol is not unchangeable, quite the opposite: It changes a lot over time in order to improve Bitcoin. This also comes with bad side effects like the fork a few day ago:
Coindesk: Double Spending Risk Remains After July 4th Bitcoin Fork
The only thing that prevents miners from changing the number of newly created coins is their incentive to not devalue their reward. This can easily change in the future as default reward is going down and income from fees may not rise to the same level.
The situation is the same with Trestor validators. They will reject any transaction that is not covered by existing accounts, rendering creation of coins impossible. It is in the hand of the majority how all these aspects of the protocol are defined, and maybe changed in the future.
And all of this by the way has nothing to do with proof-of-work.
So far, I guess, by reading the above answers one can conclude that Trestor is a cryptocurrency and shares the same legal status as Bitcoin across the world.
We would encourage everyone to bring out anything specific that has been left unanswered or unclear.
We do not want anyone in the community to have any sort of uncleared doubts.
We would encourage everyone to bring out anything specific that has been left unanswered or unclear.
We do not want anyone in the community to have any sort of uncleared doubts.
Cool. Now it is up to the reader to find the flaws in my questions & your answers.
You guys satisfied with the thread title etc? Okay if I lock it & move on?
You guys satisfied with the thread title etc? Okay if I lock it & move on?
This is Stephan, one of Trestor's protocol architects.
The more independent institutions from different jurisdictions are getting on board, the more decentralized control over the network will become.
Quote
Problems that Trestor's developers said they did not understand:
1. Trests only get sent from one app to another if they are validated by validators. The right to become a validator is by "buying" it from trestor but there is no return as profit! So why would someone become a validator? Either to earn from fees or to earn by selling trests. Thus it becomes a pyramid scheme where investors who will continue to recruit other investors for an incentive that is presented as an investment opportunity - the right to sell a particular product or to earn fees from them.
Not true. The idea is that Trestor Foundation provides deposits to institutions (e.g. universities), which are willing to voluntarily run a node. Pretty much like Tor nodes. As running a node does not require vast resources like mining, it can be easily run by any willing institution.1. Trests only get sent from one app to another if they are validated by validators. The right to become a validator is by "buying" it from trestor but there is no return as profit! So why would someone become a validator? Either to earn from fees or to earn by selling trests. Thus it becomes a pyramid scheme where investors who will continue to recruit other investors for an incentive that is presented as an investment opportunity - the right to sell a particular product or to earn fees from them.
The more independent institutions from different jurisdictions are getting on board, the more decentralized control over the network will become.
Quote
2. If there is a dispute, there is no history and resolving it is purely a matter of Trestor's discretion.
3. Even if trestor starts saving the history, there is no proof of it's correctness since they do not use proof-of-work or anything. thus every new participant in the network needs to trust the pre-existing validators. Thus also vulnerable to mitm.
That claim does not make sense. It is up to the majority of validators, which after some time will not be controlled by Trestor.3. Even if trestor starts saving the history, there is no proof of it's correctness since they do not use proof-of-work or anything. thus every new participant in the network needs to trust the pre-existing validators. Thus also vulnerable to mitm.
Quote
4. If a majority decides that a transaction is valid, that transaction is validated, irrespective of any algorithm preventing trests to be created out of thin air; not even Trestor, because again, they have no proof-of-work.
What? That statement makes me think that you do not understand Bitcoin.Quote
5. In case of a double spend the transaction gets stuck, since validators can't vote against themselves. To resolve this they have implemented time-bound validity of nodes. This doesn't solve it. Consider a scenario where first 50% validated A->B and second half validated A->C at the same time. The transaction gets stuck. Votes expire after time t and now the first half votes for A->C & the transaction gets stuck again & so on..
A (honest) node cannot vote for a transaction conflicting with a transaction it previously voted on, that is correct. But your analysis is based on assumptions about our protocol which are incorrect. A node can still get knowledge about the conflicting transaction. At that point, the node will blacklist the corresponding account until all those transactions are invalid (plus some buffer).
I will further add to the answers above:
Not true. Anyone can run a validator. This is somewhat similar to proof of stake systems. One needs to have a defined minimum amount of Trests in their account to participate in voting. To bootstrap the network initially, the amount of Trests required to run a validator node is high so that attacker has no incentive to add node(s) and gain 80% of consensus to corrupt the network. This is why initially Trestor will give Trests to selected universities (read: trusted entities) so that they support network by running a validator.
As more nodes are added to the network, by consensus of existing validators, this minimum amount reduces and it will get easier for an individual to participate in voting. But at the same time it becomes harder for attacker to achieve 80% consensus. The idea is to have sufficiently big amount (or money) required for someone to break or corrupt the network; which is same as bitcoin where it is calculated in terms of computing power and which translates to money again.
About Incentive or Profit: Projects like TOR, Torrent network, Wikipedia and many others are successfully running despite of having no incentive for people helping/volunteering for it. Actually the incentive doesn't have to be in terms of money. It is just that people really enjoy to help a good cause.
Again, not True. Simply put, it is NOT Trestor's discretion. Trestor, or anyone else for that sake, can not change history, or the closed ledger (UNLESS they have 80% of network control, in which case they can rewrite all of the network. This number is just 51% in case of Bitcoin). Also, The network stores history and the current state can be verified by history or vice-versa (so if Trestor or anyone changes anything in ledger or history, it will be easily detectable). Important thing to note here is that history does not define current state, which makes it different from bitcoin. Validators vote for the ledger and once there is a consensus, ledger is updated and closed with it's hash (and history is updated). Also as mentioned earlier, a 51% attack on bitcoin can also change history, here one would have to gain 80% which is even more difficult as explained in the answer above.
In this case, Trestor Foundation is willing to exchange any number of trests for 0.01 USD, so it may seem like Trests have a fixed value, which is not the case. No one is bound to exchange Trests at this rate, they can exchange it at a lower or higher rate (subjective value). This also answers the legality of Trestor network in India or anywhere and how Trest is a cryptocurrency.
Yes that is true. Trestor Foundation is committed to nourish and grow Trestor Network. Assigning 100% of trests at genesis to Trestor foundation helps the network in multiple ways.
In bitcoin network, one can get bitcoins by mining (thus helping the network). In trestor network, one can get Trests by volunteering, contributing to code, helping spread the word, running a validator (and thus helping the network).
So instead of competing (mining) with each other and wasting resources, people can help the cryptocurrency network in many other ways. It is not limited to buying expensive hardwares to mine.
Getting Trests from Trestor foundation is comparable to mining. Is there any sort of legal protection required when one mines bitcoins? No, because the bitcoins themselves can be verified and same is with Trests because that is how cryptocurrencies are designed.
We will be happy to answer any subsequent questions. Also, if anything requires more clarification, feel free to ask.
Quote
The right to become a validator is by "buying" it from trestor but there is no return as profit!
Not true. Anyone can run a validator. This is somewhat similar to proof of stake systems. One needs to have a defined minimum amount of Trests in their account to participate in voting. To bootstrap the network initially, the amount of Trests required to run a validator node is high so that attacker has no incentive to add node(s) and gain 80% of consensus to corrupt the network. This is why initially Trestor will give Trests to selected universities (read: trusted entities) so that they support network by running a validator.
As more nodes are added to the network, by consensus of existing validators, this minimum amount reduces and it will get easier for an individual to participate in voting. But at the same time it becomes harder for attacker to achieve 80% consensus. The idea is to have sufficiently big amount (or money) required for someone to break or corrupt the network; which is same as bitcoin where it is calculated in terms of computing power and which translates to money again.
About Incentive or Profit: Projects like TOR, Torrent network, Wikipedia and many others are successfully running despite of having no incentive for people helping/volunteering for it. Actually the incentive doesn't have to be in terms of money. It is just that people really enjoy to help a good cause.
Quote
If there is a dispute, there is no history and resolving it is purely a matter of Trestor's discretion.
Again, not True. Simply put, it is NOT Trestor's discretion. Trestor, or anyone else for that sake, can not change history, or the closed ledger (UNLESS they have 80% of network control, in which case they can rewrite all of the network. This number is just 51% in case of Bitcoin). Also, The network stores history and the current state can be verified by history or vice-versa (so if Trestor or anyone changes anything in ledger or history, it will be easily detectable). Important thing to note here is that history does not define current state, which makes it different from bitcoin. Validators vote for the ledger and once there is a consensus, ledger is updated and closed with it's hash (and history is updated). Also as mentioned earlier, a 51% attack on bitcoin can also change history, here one would have to gain 80% which is even more difficult as explained in the answer above.
Quote
Trests however have fixed rate.
Right. Except trestor is not a cryptocurrency.
Just because it is a digital currency using cryptography doesn't make it a cryptocurrency.
Umm, again incorrect. Say if there is a exchange (or bitcoin foundation itself) who is always willing to buy/sell any number of bitcoins at USD 300. The value of bitcoin rises to USD 300 and stays there (but yeah, no one would ever do that).Right. Except trestor is not a cryptocurrency.
Just because it is a digital currency using cryptography doesn't make it a cryptocurrency.
In this case, Trestor Foundation is willing to exchange any number of trests for 0.01 USD, so it may seem like Trests have a fixed value, which is not the case. No one is bound to exchange Trests at this rate, they can exchange it at a lower or higher rate (subjective value). This also answers the legality of Trestor network in India or anywhere and how Trest is a cryptocurrency.
Quote
Trests are 100% pre-mined and owned by Trestor Foundation.
Yes that is true. Trestor Foundation is committed to nourish and grow Trestor Network. Assigning 100% of trests at genesis to Trestor foundation helps the network in multiple ways.
In bitcoin network, one can get bitcoins by mining (thus helping the network). In trestor network, one can get Trests by volunteering, contributing to code, helping spread the word, running a validator (and thus helping the network).
So instead of competing (mining) with each other and wasting resources, people can help the cryptocurrency network in many other ways. It is not limited to buying expensive hardwares to mine.
Quote
When you buy trests, its not a purchase but a donation, so there is no legal protection for you.
I am unable to understand what sort of legal protection is required?Getting Trests from Trestor foundation is comparable to mining. Is there any sort of legal protection required when one mines bitcoins? No, because the bitcoins themselves can be verified and same is with Trests because that is how cryptocurrencies are designed.
We will be happy to answer any subsequent questions. Also, if anything requires more clarification, feel free to ask.
Dear Skang,
Trestor team will like to thank you for creating this thread, it definitely helped us improve our communication.
We now understand that explaining the story is almost as important as the story itself.
Thank you once again.
Trestor Team
www.trestor.org
@trestorconnect
Trestor team will like to thank you for creating this thread, it definitely helped us improve our communication.
We now understand that explaining the story is almost as important as the story itself.
Thank you once again.
Trestor Team
www.trestor.org
@trestorconnect
Dear Skang,
There is no legal definition what constitutes a Cryptocurrency under Indian Laws.
Some additional clarifications:
Proof-of-work is not required, a consensus is enough. (Thus trestor validators' consensus is needed to be trusted & they can change anyone's trests.)
If 80% of Trestor validators collude, they can make/block any transaction, wheras in bitcoin if 51% of miners collude, they can make/block any transactions and they can also rewrite the entire history of the blockchain.
Value of a cryptocurrency is whatever people exchange it for. Trests however have fixed rate (No other cryptocurrency "sells" their currency.)
As more and more trests are out in the market, price of a trest will change as per market dynamics, Trestor Foundation's job is not to fix the market but to create a smooth transition from pegged to unpegged.
Trests are 100% pre-mined
Yes, 100% of the trests have been pre-assigned to Trestor Foundation. There is no mining in Trestor network.
When you buy trests, its not a purchase but a donation, so there is no legal protection for you.
Yes, Trest is neither Goods nor Service, Trest is itself the final settlement, it is a "Store of value"
The right to become a validator is by "buying" it from trestor but there is no return as profit!
Trestor is in talks with some of the leading academic institutions who have shown interest in running Trestor node. After final selection, they will be given 100 million (locked) Trests each, 2% Trests will automatically unlock every year and can be utilized by the institution to fund its research.
If there is a dispute, there is no history and resolving it is purely a matter of Trestor's discretion.
The primary reason we chose not to have a typical blockchain is because a 51% attack can rewrite the entire history, Trestor Network agrees to the state of the ledger every 10 - 20 seconds, which is equivalent to taking a picture of our ledger every 10 - 20 seconds and sharing that picture with the world. In case of any doubt the network goes back to the latest picture, but in no circumstance, even with the whole network colluding can the picture change. Trestor's history cannot be Overwritten.
Trestor Team
www.trestor.org
@trestorconnect
There is no legal definition what constitutes a Cryptocurrency under Indian Laws.
Some additional clarifications:
Proof-of-work is not required, a consensus is enough. (Thus trestor validators' consensus is needed to be trusted & they can change anyone's trests.)
If 80% of Trestor validators collude, they can make/block any transaction, wheras in bitcoin if 51% of miners collude, they can make/block any transactions and they can also rewrite the entire history of the blockchain.
Value of a cryptocurrency is whatever people exchange it for. Trests however have fixed rate (No other cryptocurrency "sells" their currency.)
As more and more trests are out in the market, price of a trest will change as per market dynamics, Trestor Foundation's job is not to fix the market but to create a smooth transition from pegged to unpegged.
Trests are 100% pre-mined
Yes, 100% of the trests have been pre-assigned to Trestor Foundation. There is no mining in Trestor network.
When you buy trests, its not a purchase but a donation, so there is no legal protection for you.
Yes, Trest is neither Goods nor Service, Trest is itself the final settlement, it is a "Store of value"
The right to become a validator is by "buying" it from trestor but there is no return as profit!
Trestor is in talks with some of the leading academic institutions who have shown interest in running Trestor node. After final selection, they will be given 100 million (locked) Trests each, 2% Trests will automatically unlock every year and can be utilized by the institution to fund its research.
If there is a dispute, there is no history and resolving it is purely a matter of Trestor's discretion.
The primary reason we chose not to have a typical blockchain is because a 51% attack can rewrite the entire history, Trestor Network agrees to the state of the ledger every 10 - 20 seconds, which is equivalent to taking a picture of our ledger every 10 - 20 seconds and sharing that picture with the world. In case of any doubt the network goes back to the latest picture, but in no circumstance, even with the whole network colluding can the picture change. Trestor's history cannot be Overwritten.
Trestor Team
www.trestor.org
@trestorconnect
Right. Except trestor is not a cryptocurrency.
Just because it is a digital currency using cryptography doesn't make it a cryptocurrency.
Just because it is a digital currency using cryptography doesn't make it a cryptocurrency.
Dear Skang,
Can you send money from Canada to India using Trestor? Yes.
Is sending money to India & holding it allowed, as per Indian or Canadian laws?
Trestor has created a digital "Store of value" and yes it can potentially be used for Remittance, but we are not a money transmitter and do not provide money transmission services. Its obviously clear how people can use Trests to send value across the world for free.
Cryptocurrency is a very new industry with practically zero regulation, as governments begin to regulate cryptocurrencies, Trestor will be proactive and comply by it.
Regulation always lags behind technology.
You can think of the current cryptocurrency situation as that of Internet in the 90's. It took Indian government more than 10 years to make sense of Internet and thereby enact the first Indian IT law on 17th October 2000.
Trestor Team
www.trestor.org
@trestorconnect
Can you send money from Canada to India using Trestor? Yes.
Is sending money to India & holding it allowed, as per Indian or Canadian laws?
Trestor has created a digital "Store of value" and yes it can potentially be used for Remittance, but we are not a money transmitter and do not provide money transmission services. Its obviously clear how people can use Trests to send value across the world for free.
Cryptocurrency is a very new industry with practically zero regulation, as governments begin to regulate cryptocurrencies, Trestor will be proactive and comply by it.
Regulation always lags behind technology.
You can think of the current cryptocurrency situation as that of Internet in the 90's. It took Indian government more than 10 years to make sense of Internet and thereby enact the first Indian IT law on 17th October 2000.
Trestor Team
www.trestor.org
@trestorconnect
This thread will be locked on 8th July. Post your final statements or anything by then.
This is not my fight & I am not taking it up.
This is not my fight & I am not taking it up.
Very logical statements PalmCoins. I read the whitepaper.
Yes, I am not a legal expert & I take back my judgement for it to be illegal - very likely a personal opinion.
I have nothing against people in Trestor but against 'this' business model. They could make changes in their model & I would welcome & even advertise them like I promote all other Indian cryptocurrency businesses.
I would have been more cordial had they not been taking people's real money.
Here is how my though process started regarding legality - Can you send money from Canada to India using Trestor? Yes.
Is sending money to India & holding it allowed, as per Indian or Canadian laws?
Bandhu. I don't even have a reason to take up this fight. This was just a PSA. I fear rich people & I am changing the title of this thread.
Peace.
Yes, I am not a legal expert & I take back my judgement for it to be illegal - very likely a personal opinion.
I have nothing against people in Trestor but against 'this' business model. They could make changes in their model & I would welcome & even advertise them like I promote all other Indian cryptocurrency businesses.
I would have been more cordial had they not been taking people's real money.
Here is how my though process started regarding legality - Can you send money from Canada to India using Trestor? Yes.
Is sending money to India & holding it allowed, as per Indian or Canadian laws?
Bandhu. I don't even have a reason to take up this fight. This was just a PSA. I fear rich people & I am changing the title of this thread.
Peace.
Dear Chokho,
None of the questions have been answered by Trestor & this thread is accurate. Their stance is to act dumb & pretend they did not understand.
Even the whitepaper released does not address the few questions they said it would.
With personal allegations, this is getting too dirty & so I stopped replying. Read everywhere, I have even offered suggestions how they can become legal etc. but it is evident from their ignorance that they clearly understand their nature.
I don't care about bitcoins. I am programmer with interest in algorithms associated with cryptocurrency.
Yes, I am defaming them by exposing their scam & my intention was to save my fellow Indians.
But most people are ignorant to not care so its fine. Go buy trests & enjoy.
Dear Palmcoins,
Go watch that video. Especially the part where I ask Benson about altcoins & notice him getting uncomfortable.
I have been opposing him ever since I joined here because he is bullish on bitcoin.
Me however, being a programmer, am only concerned with the algorithms of various coins.
As for the proof, none of the questions in this post has been answered but ignored.
All of this, if we pretend to forget that Trestor is illegal
None of the questions have been answered by Trestor & this thread is accurate. Their stance is to act dumb & pretend they did not understand.
Even the whitepaper released does not address the few questions they said it would.
With personal allegations, this is getting too dirty & so I stopped replying. Read everywhere, I have even offered suggestions how they can become legal etc. but it is evident from their ignorance that they clearly understand their nature.
I don't care about bitcoins. I am programmer with interest in algorithms associated with cryptocurrency.
Yes, I am defaming them by exposing their scam & my intention was to save my fellow Indians.
But most people are ignorant to not care so its fine. Go buy trests & enjoy.
Dear Palmcoins,
Go watch that video. Especially the part where I ask Benson about altcoins & notice him getting uncomfortable.
I have been opposing him ever since I joined here because he is bullish on bitcoin.
Me however, being a programmer, am only concerned with the algorithms of various coins.
As for the proof, none of the questions in this post has been answered but ignored.
All of this, if we pretend to forget that Trestor is illegal
This has been marked as a bad report as there are many personal opinions on this thread, along with newer ones coming up as well from multiple people.
Yes, exactly that is why this thread is misleading. The title of this thread says what exactly Trestor is not. It tries to defame the foundation. Trestor Foundation and team members have been able to answer all the questions put up by community members. Now everyone knows that this project is not a scam but a project which is in process of doing a number of things and in that process sometimes things get miscommunicated too.
Also, it's not required to remove the thread, but it the title should be not be misleading, and should be summarizing the discussion. It can be : "Questions for Trestor" or something on the lines, but not accusive.
I hope you understand. I respect you and as you are the moderator, I seek help from you on this.
This thread has already been reported for inaccurate and misleading content and the moderator should take action soon.
Quote
This thread has no proof of trestor being scam, and it is outdated too. It is more of a personal opinion. As a moderator to build a healthy cryptocurrency community, please look into it ASAP.
This has been marked as a bad report as there are many
Quote
I saw this thread under a CoinTelegraph article and it's misleading for the public. In my opinion Trestor has been answering questions on other threads and being actively providing feedback. This looks like an organized attack, I also found that the mod (benson) and skang are working together: https://www.youtube.com/watch?v=Tj5LNkUQKy0. It doesn't seem fair and the title of the thread is misleading.
Another bad report, as skang and myself do not work together.
Note: I won't be handling anymore of these trestor reports - will be marking as ignore. And someone else should be able to pick them up.
According to wikipedia, Market Cap is equal to the share price times the number of shares outstanding. In this case, a share is comparable to a Trest. Since, 1 Trest = 0.01 USD, and a total of 100 Bn trests are there; the market Cap is $1 B.
The next question, why does the price does not fluctuate or stays fixed?
As of right now, market price for trests does not fluctuate much because Trestor Foundation is actively engaged in market-making activities around that price. Over time, as more and more trests are out in market, our ability to make the market would go down.
Next question, if Market cap is 1Bn, then why isn't it listed on Coinmarketcap.com?
Trests are not on Coinmarketcap because Trestor hasn't yet made an effort to get listed on an exchange. However, the Whitepaper, Tech-Draft, APIs and the source code is open, http://trestor.org/source. (Small parts of code are still not added there as they are being worked for some improvements.)
Here, we believe that decentralization is a process, not a final state. Trestor is on track to make Trestor network (T-Net) fully decentralized. As of right now, the entry barrier to run a full Trestor node is high. We are accepting applications from academic institutions interested in running a Trestor full node, and upon successful due diligence process, they will run Trestor full nodes (Validators).
Trestor's control over T-Net will be over in near future. By October 1, 2015, T-Net will be fully decentralized and anyone with minimal resources would be able to run a full node. At that point, we will be far more decentralized than Bitcoin or any other cryptocurrency.
For Further discussion, please post to main thread: https://bitcointalksearch.org/topic/ann-trestor-the-most-efficient-money-payment-and-market-system-in-the-world-1106047
This thread has already been reported for inaccurate and misleading content and the moderator should take action soon.
The next question, why does the price does not fluctuate or stays fixed?
As of right now, market price for trests does not fluctuate much because Trestor Foundation is actively engaged in market-making activities around that price. Over time, as more and more trests are out in market, our ability to make the market would go down.
Next question, if Market cap is 1Bn, then why isn't it listed on Coinmarketcap.com?
Trests are not on Coinmarketcap because Trestor hasn't yet made an effort to get listed on an exchange. However, the Whitepaper, Tech-Draft, APIs and the source code is open, http://trestor.org/source. (Small parts of code are still not added there as they are being worked for some improvements.)
Here, we believe that decentralization is a process, not a final state. Trestor is on track to make Trestor network (T-Net) fully decentralized. As of right now, the entry barrier to run a full Trestor node is high. We are accepting applications from academic institutions interested in running a Trestor full node, and upon successful due diligence process, they will run Trestor full nodes (Validators).
Trestor's control over T-Net will be over in near future. By October 1, 2015, T-Net will be fully decentralized and anyone with minimal resources would be able to run a full node. At that point, we will be far more decentralized than Bitcoin or any other cryptocurrency.
For Further discussion, please post to main thread: https://bitcointalksearch.org/topic/ann-trestor-the-most-efficient-money-payment-and-market-system-in-the-world-1106047
This thread has already been reported for inaccurate and misleading content and the moderator should take action soon.
WTF - they claim a $1 B market cap in this article?!
http://cointelegraph.com/news/113467/90-of-all-the-cryptocurrencies-today-should-cease-to-exist-within-the-next-24-months
Complete BS.
http://cointelegraph.com/news/113467/90-of-all-the-cryptocurrencies-today-should-cease-to-exist-within-the-next-24-months
Complete BS.
They have shown in another thread a complete chat history with indian forum moderator Benson , I thought its a good company when I saw their website but soon i realised that they hadnt hit any exchange site yet .
That is not the complete history.
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