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Topic: Titcoin™ [TIT] | New Developer | Discussion Forum (2016 XBIZ Awards Nominee) - page 6. (Read 65328 times)

member
Activity: 142
Merit: 10
The Titcoin (TIT) March Report is now available.

member
Activity: 142
Merit: 10
The wallet on both exchanges is down now, Cryptopia as well as Yobit.  Cry  Bittrex is going to delist it on March 30.

These issues are being worked on.  One of the main issues right now is in the shared resources between projects, causing some delay in correspondence and general support.  This is also something we're trying very hard to sidestep.  Still, there is some news.

The February report may be a bit late but will be followed immediately with the March report.  Notably, we've just finished work on the new look for the Titcoin homepage which is now live.  


There was also a fairly humorous feature in Last Week Tonight this month.


As usual we'll be in touch with everyone as things progress.

Titcoin is now being mined on S9Pool.com - high profitability multipool

Link: S9Pool.com
ANN: https://bitcointalksearch.org/topic/annpool-s9poolcom-sha256-made-for-antminer-s9-owners-3121315
Fee: only 0.5%

Made for AntMiner S9 owners!

Coin added to EZPool.net

--====== miner settings===========--

stratum+tcp://titcoin.ezpool.net:3311
Username: your_titcoin_address
pass : x

--============================--

Good luck.

Thanks for the continued support!
hero member
Activity: 1330
Merit: 515
Coin Mage
The wallet on both exchanges is down now, Cryptopia as well as Yobit.  Cry  Bittrex is going to delist it on March 30.
newbie
Activity: 10
Merit: 0
Titcoin is now being mined on S9Pool.com - high profitability multipool

Link: S9Pool.com
ANN: https://bitcointalksearch.org/topic/annpool-s9poolcom-sha256-made-for-antminer-s9-owners-3121315
Fee: only 0.5%

Made for AntMiner S9 owners!
member
Activity: 142
Merit: 10
Withdrawals on cryptopia has been disabled for over a month.  Undecided If theres any dev for titcoin atm, please check up with them!

We'll check that out!


Quote
So how is Titcoin going to be developed? Are you going to change the algorithm, or consensus method, or what other plans do you have for it? How are you going to make this an established payment method in the adult industry?

Our main priority with Titcoin is stability and cultivating new longer term partnerships with vendors and other platforms. As mentioned, we are considering alternatives to the algorithm, but that kind of change takes time and proper planning.  Being a small dev both helps and hinders, and neither we or the previous owners have the advantages that a lot of newer solutions in the space have now.  Primarily, it's been working with partners in finding solutions that has helps us continue to take steps toward building a better foundation for people looking to get involved.
sr. member
Activity: 326
Merit: 250
Withdrawals on cryptopia has been disabled for over a month.  Undecided If theres any dev for titcoin atm, please check up with them!
newbie
Activity: 112
Merit: 0
  A new dev has been found. Looking forward to the future of this coin.  Wink
jr. member
Activity: 56
Merit: 3
What is titcoin?

The Titcoin is a digital currency that relies on a peer-to-peer network so that electronic transactions can be hedged and validated.
See More https://www.geekxplore.com/what-is-titcoin.html
hero member
Activity: 1330
Merit: 515
Coin Mage
Great points here as usual.  And understandably confused, we could have worded that a bit better.  What was implied was that we've already built a framework to tie into the coin without actually moving forward on that implementation yet.  The reason being as stated, we recognize the flaws in Titcoin currently and how that could effect stability in the future.  I should also note that when we said Titcoin in that context we meant it broadly (as in to include TitGold) although we should have been a lot more specific considering the importance of the decision.

Alright, that makes sense! Smiley


Quote
We've always typically built in-house and under proprietary licenses and I would be lying if I said we didn't prefer to keep it that way. Although we also fully acknowledge the nature of the project and would like to maintain the transparent and open-source standard of the crypto space.  This is why we felt it necessary to revisit the idea of a spin-off "token" as it would allow us some additional room to iterate without destabilizing the base.

Yeah. I can totally understand your point of view. But I would also like to state my point of view, as a user of Titcoin. I think you can make as many tokens or "spin-offs" for your game as you like! Cheesy  But what would be important to me is, what is going to happen with Titcoin?! The one that is going to be used as a payment method for cam girls and porn sites, and online shops. IMO that does not really have much to do with your game. I know that this game is what your business is built on, but that's my point of view. These are two different products.

So how is Titcoin going to be developed? Are you going to change the algorithm, or consensus method, or what other plans do you have for it? How are you going to make this an established payment method in the adult industry?
member
Activity: 142
Merit: 10

As said before, I think for a payment solution, running your own blockchain is mandatory, because a token-based solution also requires trust to the underlying platform, which reduces the chance for widespread adoption significantly. For game integration, on the other hand, a token-based solution is optimal because it's fast, uncomplicated and flexible.

What confuses me then is this quote:

Quote
On February 2nd, there was an internal milestone met in which the completion of several thousand lines of networking code was written to be shared across both Triple X Tycoon and Titcoin for use in a multiplayer tie-in at a later date.

So are you already planning to use Titcoin in your game or not?  Huh But at the same time you are asking whether you should make a new "TitGold" token for integration with your game? Seems like a waste of time if you are going to switch anyway.

When thinking about the underlying algorithm for Titcoin, I would suggest switching to a Proof-of-Stake-based solution, because Titcoin is already well-distributed, and PoS is usually faster than PoW and will enable the users of the coin (which are the main target group in this use case, along with the merchants) to support the network and generate coins. This will be the optimal setup when Titcoin becomes a widely accepted currency for adult payments. When hard-forking anyway, this will also allow you to switch to a more recent codebase.  Wink Just put a checkpoint at some point when the consensus mechanism changed, then potential security issues around PoW with SHA-256 will be irrelevant.

When deciding to develop this Titcoin for the purpose of being a currency, you might also ask for donations to support development, because you won't make any immediate profits from that. I understand that developing an open-source software is not always a solid business model, but there's a lot of money in cryptocurrencies that investors like to give to developers in order to enable them developing these things.

Btw. do you have a Discord channel for enabling users and developers to chat? IMO that's a great platform for building a community, and bringing users and developers together.

Great points here as usual.  And understandably confused, we could have worded that a bit better.  What was implied was that we've already built a framework to tie into the coin without actually moving forward on that implementation yet.  The reason being as stated, we recognize the flaws in Titcoin currently and how that could effect stability in the future.  I should also note that when we said Titcoin in that context we meant it broadly (as in to include TitGold) although we should have been a lot more specific considering the importance of the decision.

We've always typically built in-house and under proprietary licenses and I would be lying if I said we didn't prefer to keep it that way. Although we also fully acknowledge the nature of the project and would like to maintain the transparent and open-source standard of the crypto space.  This is why we felt it necessary to revisit the idea of a spin-off "token" as it would allow us some additional room to iterate without destabilizing the base.

Thanks for your input!
hero member
Activity: 1330
Merit: 515
Coin Mage

As said before, I think for a payment solution, running your own blockchain is mandatory, because a token-based solution also requires trust to the underlying platform, which reduces the chance for widespread adoption significantly. For game integration, on the other hand, a token-based solution is optimal because it's fast, uncomplicated and flexible.

What confuses me then is this quote:

Quote
On February 2nd, there was an internal milestone met in which the completion of several thousand lines of networking code was written to be shared across both Triple X Tycoon and Titcoin for use in a multiplayer tie-in at a later date.

So are you already planning to use Titcoin in your game or not?  Huh But at the same time you are asking whether you should make a new "TitGold" token for integration with your game? Seems like a waste of time if you are going to switch anyway.

When thinking about the underlying algorithm for Titcoin, I would suggest switching to a Proof-of-Stake-based solution, because Titcoin is already well-distributed, and PoS is usually faster than PoW and will enable the users of the coin (which are the main target group in this use case, along with the merchants) to support the network and generate coins. This will be the optimal setup when Titcoin becomes a widely accepted currency for adult payments. When hard-forking anyway, this will also allow you to switch to a more recent codebase.  Wink Just put a checkpoint at some point when the consensus mechanism changed, then potential security issues around PoW with SHA-256 will be irrelevant.

When deciding to develop this Titcoin for the purpose of being a currency, you might also ask for donations to support development, because you won't make any immediate profits from that. I understand that developing an open-source software is not always a solid business model, but there's a lot of money in cryptocurrencies that investors like to give to developers in order to enable them developing these things.

Btw. do you have a Discord channel for enabling users and developers to chat? IMO that's a great platform for building a community, and bringing users and developers together.
member
Activity: 142
Merit: 10
member
Activity: 142
Merit: 10
Hello everyone,

We have been very busy developing new features to bolster our broader network infrastructure.  We will be back soon with a more in-depth update as we continue rolling out our plans for 2018.

For all immediate inquiries feel free to contact the janitor[at]joy-toilet[dot]com.
jr. member
Activity: 104
Merit: 1
Coin added to EZPool.net

--====== miner settings===========--

stratum+tcp://titcoin.ezpool.net:3311
Username: your_titcoin_address
pass : x

--============================--

Good luck.
member
Activity: 85
Merit: 10
Anyone got a link for the blockchain? Mine won't syc.

Thanks  Smiley
sr. member
Activity: 445
Merit: 250
jr. member
Activity: 213
Merit: 1
My view is that if you are going to be a crypto investor, you should have some Titcoin, just because. Everyone loves....ok never mind, but I think if you can add a few Titcoin to your crypto portfolio at current prices, then not such a bad idea. That is not at all investment advice, just having a bit of fun, still, lets see where Titcoin price is in 4 months. 
newbie
Activity: 65
Merit: 0
Can you give some update about this coin?
hero member
Activity: 1330
Merit: 515
Coin Mage
Why is the price pumping?  Shocked  Are there any news?  Huh
sr. member
Activity: 326
Merit: 250
Everyone should own a bag of tits  Grin  Kiss  Wink
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