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Topic: TorCoin: a new possibility for anonymity - page 2. (Read 1735 times)

legendary
Activity: 3416
Merit: 1225
April 19, 2017, 09:06:02 AM
#3
I agree that there are already a lot of wallet with tor features but this one is very much dedicated to tor ideas honestly I missed this coin and have not drop a comment or review of this coin,but will do it now to see what sets this aprt from wallet with build in tor.
legendary
Activity: 1667
Merit: 1008
Stoned & Stranged
April 19, 2017, 08:46:58 AM
#2
There are already a ton of altcoins and also bitcoin wallets integrated with TOR network so I don't think this TORCOIN add anything more to that. I wouldn't use it at all to be honest.
full member
Activity: 378
Merit: 101
April 19, 2017, 08:05:46 AM
#1
TorCoin is an anonymous cryptocurrency launched 10 days ago. It utilizes the X11 Proof-Of-Work consensus to allow miners to power the network of TorCoin. TorCoin is fully integrated with the TOR network. TOR is a decentralized, open-source network that enables people throughout the world to use the Internet anonymously by routing IP address information through multiple nodes on the network. TOR helps users defend against traffic analysis, a form of network surveillance which threatens personal freedom and privacy, confidential business activities and relationships, and even national security.

TorCoin offers several important features that Bitcoin does not. First, TorCoin rewards people for running a TOR node. Whereas Bitcoin transactions are completely traceable, TorCoin enables you to send coins anonymously. 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. TorCoin also offers encrypted end-to-end messaging between TorCoin users.

It is currently listed on Coinmarketcap:

https://coinmarketcap.com/currencies/torcoin-tor/

What are your thoughts on TorCoin, would you use it in addition to Monero?
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