http://trumpcoin.rocks/ Trumpcoin has been laying down some important groundwork. Now that V2 is live, the next project phase, codenamed TrumpCoin Ethereum, is underway. TrumpCoin Ethereum, or TETH, is an Ethereum Smart Token that is attached to TrumpCoin in a 1 to 1 bi-directional trade relationship. That is, one TrumpCoin is worth exactly one TETH Token and visa-versa.
While TETH is a cryptocurrency all of its own, you will not find it on any exchanges, at least not for the foreseeable future. You see, TETH can ONLY be bought and sold with Trumpcoins.
So what are TETH Tokens good for?
TrumpCoin Ethereum is a Dapp environment for TrumpCoin. Dapps, or Distributed Apps, are a new cutting-edge technology that is made possible by projects like Ethereum. Dapps are like apps on your cellphone, except that they are decentralized to the blockchain and exist in your Ethereum wallet. You will soon have the ability to activate the TrumpCoin Dapp Store inside of your Ethereum wallet where you find many fun and useful free Dapps as well as premium paid Dapps, much like the mobile app stores found on smartphones.
So why two coins? Why not just make Trumpcoin an Ethereum Token?
There are many reason why we are doing it this way.
First and foremost, while Ethereum works fantastically in our standard exchanges, Eth Tokens are not yet quite ready to be safely listed as standalone coins in exchanges.
Ethereum does not yet support POS.
We know that the times, they are a changin’. Traditional cryptocurrencies are quickly approaching legacy status. That’s right; many altcoins, will soon be made completely obsolete by smart coin technologies. Who wants a dumb flip coin when everyone else has cool, flashy smart coins? TrumpCoin Ethereum provides a bit of an escape hatch for TrumpCoin holders to protect against potentially destructive bitcoin volatility and provide a way to hedge value against Ethereum, should Eth ever outshine BTC.
In short, we are pushing smart coin concepts while paving the way to a smart coin transition in the safest way possible today. We are opening a gateway to and from new crypto tech, while continuing to support a fully functional traditional altcoin environment. Trumpcoin Ethereum has an expected delivery date of May 1st, 2016. nce launched, we will open its marketplace to users as well as Dapp developers.
The Patton rarely gets excited but this is a planetary assault system of good Trumpish vibes. I need to go and have a lie down.