Topic: FreeTrust decentralized organization introduces privacy coin (PRV) (Read 1074 times)
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http://FreeTrust.org is a decentralized organization with the mission to revolutionizing the internet by decentralizing trust and providing strong anonymous blockchain identity and unpresendented privacy employing a mashup of disributed applications including Synereo intelegent user agent with provable security and privacy, Eris decentralized blockchains powered FreeTrust's own alternative currency, the privacy coin (PRV).
PRV is a currency engineered to attain and maintain a constant value of the year 2000 dollar. It is to be a medium of exchange for other Dapp alternate currencies employed by FreeTrust (AMPs, Factoids, Ether, Bitcoin, Stellars, Namecoin etc.) without itself being a commodity.
In its incubation PRV is being offered by the FreeTrust community as a bounty for delivery of freetrust components. Bounties have thus far been won for logo development and are now being offered for the implementation or the privacy coin itself. Bounties are being planned for trustless replacement of insecure email and text/audio/video chat in the FreeTrust next generation internet application architecture.
There is an opportunity for investors to bid on PRV bounties to acquire PRV and give developers a cash reward alternative for their efforts. In the logo competition developers elected to take PRV in lieu of cash. There is currently a $1000 bid on a 5000PRV bounty which has not yet motivated developers. Others are welcome to partner and bid to allow the PRV bounty to be increased to motivate development.
PRV is a currency engineered to attain and maintain a constant value of the year 2000 dollar. It is to be a medium of exchange for other Dapp alternate currencies employed by FreeTrust (AMPs, Factoids, Ether, Bitcoin, Stellars, Namecoin etc.) without itself being a commodity.
In its incubation PRV is being offered by the FreeTrust community as a bounty for delivery of freetrust components. Bounties have thus far been won for logo development and are now being offered for the implementation or the privacy coin itself. Bounties are being planned for trustless replacement of insecure email and text/audio/video chat in the FreeTrust next generation internet application architecture.
There is an opportunity for investors to bid on PRV bounties to acquire PRV and give developers a cash reward alternative for their efforts. In the logo competition developers elected to take PRV in lieu of cash. There is currently a $1000 bid on a 5000PRV bounty which has not yet motivated developers. Others are welcome to partner and bid to allow the PRV bounty to be increased to motivate development.
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