Bitcoin Forum

Summary: an experimental green, secure and pervasive crypto currency without inflation
Breakthrough ideas
- proof of transaction
- permission-less mobile mining network
- fight 51% attack

Detail The plan for next 12 months is bold and intensive in following areas.
- Accumulated transaction history in an address will determine the probability to generate next block.
- Mining has to be permission-less and low computing power for mobile device. It shall not encourage hardware arms race or asset hoarding.
- Fight 51% attack — 51% attack is unavoidable on decentralized ledger according to Satoshi. With 51% power, one can do both short range (double spend, censorship) and long range attack. Checkpoint is used to contain long range attack in all POS, TAU will inherit that. For short-range attack, when POT blockchain lives 10 years, in order to secure 51% POT power, one need to either secure enough miners’ private keys to get power or build own power for same time period years. The older the chain, the harder to achieve due to time can not be created.

To achieve pervasiveness, TAU faucet and bounty program will last multiple years to give non-coiners basic TAU to begin with crypto currency experience, until we used up 82% reserve.

We invite you to debate above points. The bounty reward is 10M tau and waiting for you to take.

-12 months - 10 million TAU Debate Bounty Mechanics;
- Winners will be determined WEEKLY thru voting.
- We encourage the criticism. (Pointing out the flaws, followed by making a suggestion or proposed solution)
- The team will choose the up to 5 qualified participants weekly.
- The chosen 5 will be subject to voting system.
- Winners will be evaluated into three (3) voting category
  33.33% for the Twitter
  33.33% for the Telegram
  33.333% for the Discord
- Voting will last for 24hours only. (No extension)
- There will be three (3) winners, 1st, 2nd and 3rd respectively.
- Reward will be as follows;
  1st Prize; 100,000 TAU
  2nd Prize; 60,000 TAU
  3rd Prize; 40,000 TAU
- Winners will be posted in bitcointalk, taucointalk, TAU Telegram and Discord channel https://discordapp.com/invite/ydhx3um

Serious bid with a long-term perspective.
How will ERC-20 tokens be associated with TAUcoin owners?
How will they be distributed and participate in the community?

I have been participating in their bounty. Offering a bounty to just create awareness without actually having any plans to do an ICO is starting to become more popular. I am also doing the Bounty for DarkPayCoin (https://bitcointalk.org/index.php?topic=4971135.0) which is a MN/PoS privacy coin that is growing itself organically and relying on Masternodes and staking for the bulk of its coin creation. The nice thing about both projects is since the reward is not tied to the success of the bounty you don't have to wait until the end of the bounty to get your payment.

Love raising questions. Regarding support third party exchanges without infliction, mentioned in “plan”.
There are more than 3000 exchanges. The best way to make them support TAU coin is to create a ERC20 compatible token that is linked to TAU native coin such as USDT linking USD notes. We call this TAUT.
TAU foundation will lockup a portion of TAU native such as 100 million, then issue 100 million TAUT on ERC20; at the same time, the TAU exchange will support an automatic swap program to allow TAUT holders to swap with TAU holders.
With this all the ERC 20 ready wallets and exchange can use and trade TAU.

What is going to stop dev team from just minting and selling erc20 tokens on other exchanges?

To issuing TAU Stable (TAUT), foundation need to lock up certain coins in an address to show the public, then trade TAUT on ERC20 exchange will not create double value. The reason for TAUT is to help third party exchanges to trade TAU without infliction, not selling. TAU has its own exchange TAU-X, we only sell 60,000 coins per swap.

Regarding your roadmap, yesterday the mobile app has to be released right? how is it going?

Please search “taucoin” on google play store, you will find beta version published on sept 28th. However, there are bugs to be fixed, we did not publish it on main web. Thanks for remind the community our roadmap.

TAU has its unique features through Proof of Transaction. Foundation is lucky to find POT and taking an early dive into it. Since we found confidence through R&D, and I believe having more people support and access is valuable to everyone rather than holding. Pervassiveness is as important as permission-less network. ERC-20 is a platform like YouTube for TAU to distribute to many social channels, in this case it is both external exchanges and wallets. Removing infliction of the distribution is so important for such a future and profound technology.
ERC-20 ready also means many smart contract app developers can integrate us freely into their invention, which is so important. Thanks so much for your thinking.

In response to TAU discord question on scaling potential.
In my view, scaling shall be devided to “block hand over time” and “blocks verification time”.
Hand-over is after the block generated, it takes time to find next network agreed block generator and broadcast block data, such time could be spend on puzzle solving in POW case or fixed time waiting in dPOS. Verification time depends on how many more generators to confirm the block, in permission-less chain like BTC it will take 6 block generators, in BFT such EOS, it takes ignorable time due to permission based nature.
TAU plans to reduce hand-over frequency when transaction volumn is up. This will reduce the number of hand-over times for certain number of transactions. When average transaction fee in past generator range is higher, consensus will permit the current generator to produce more blocks without hand-over to save time; when fee is lower, the less blocks the same generator can make. Generator will broadcast each block generated without holding. This is different from larger block size, that you have to hold broadcasting untill full block done.
Therefore, this is really no fixed up-limit for TAU to scaling up, it ajust itself to transaction volumn and network quality. While in the range of same generator, the speed to packing transaction is at same league as in EOS.   

Why from the first steps of building a fast, fair and secure crypto currency without inflation, the team is putting TAUcoin in a subordinate position in relation to Bictoin, Ethereum etc. I mean an automatic swap of TAU and BTC or create an ERC20 TAUT. Is it a way to attract funding? Why team is not running up a typical ICO? Is team try to avoid SEC regulations such way? In my opinion, the main goal is building a strong cryptocurrency and bridges are coming itself later. For example, more and more projects are running up on the Ethereum platform. And then everything is crushing down is crushing down yours Ethereum based coin. All this we can observe in this year on the Ethereum 's cryptocurrency example. How team plans to avoid such cases?

I like everything about TAU and its plan. I believe it will take only a few months to see many people into TAU community. It is growing because the plan is really good. I just want you to make clear also how you would match the price of bitcoin in the exchange or during the exchange?  If somehow i missed this, can you elaborate things to clear our mind on what will happen during the exchange and how big the price of TAU would be? I’m excited to see things that will break silence to many as TAU works in this cryptocurrency world.

I have some ideas about your coin, How about I start mining it with many mobile devices just to get to generate the next block every time for myself? :D Then someone else would come and beat me with a higher numbers of mobile devices to generate the next block, Then the next person would do the same and there we have yet another arms race of mining. This does not seem to work as you would like to say it would. It is nice on the paper though, But it is not gonna work.

You don't understand how PoT works... You should read the whitepaper, or the website.

At least read OP first post :


You won't increase your chance to generate a block with many wallets of your own, mining on many devices.
This is not PoW consensus, neither PoS, this is a new paradigm.
It's all about transactions :
- The harvest power of a wallet depends on the Tx fees it has accumulated within a certain time (not yet determined, probably a year).
- A wallet can decide to be a Club Leader with the signal Tx (send 0 TAU to itself) and so it can start to generate blocks.
- A wallet can delegate it's power to an other, joining it's Club, with the signal Tx (send 0 TAU to the Club Leader address) and get a share of the block rewards.
- Therefore the harvest power of a Club Leader is the sum of Tx fees accumulated by him and all his members

And there's more (club wiring, automatic block size) and all is to discuss, confront, defeat or confirm here with a chance to be rewarded for this effort.
Let's try :)

I love the idea of using PoT as it has its advantage over bitcoin and other cryptocurrencies. One of the things that I like about PoT is that it enhances the network topology and facilitates the coin circulation. Firstly, users must stay online in order to get the reward; Secondly users should initiate more transactions to increase their share of total transactions; Finally, it will strengthen the network topology and facilitate the circulation of the coin as the number of users and transactions in the network increases.

Some clarification: neither mining club leader and users need to stay on line to get reward, requisite of stay online is viewed as permission based. Merely increase transaction numbers will not help,since it is the transaction fee to be counted as weight on your mining power.
For mobile mining, in fact original NXT algo can support mobile mining as well since it is low computing power no matter how many computers you own. TAU is similar in this kind. More devices will not change the arrangement structure on-chain, it is the crypto process to find right generator, so that there is no beat from a big phone over small.
Automatic swap between TAU to BTC is an effective way to distribute to more people and avoid TAU to fiat exchange. This is not a fund raising strategy, since foundation only sell 60,000 tau per swap, community members shall exchange a lot of more than foundation. TAU-X will not charge transaction fee on these swap either. This swap is an innovation for distribution and community service.
I do not believe any one include foundation and me can predict the price of TAU. The price of TAU is collectively decided by whole user base to value the consensus value of the community. To best increase value of TAU, the foundation and community shall just focus on make every feature of our plan work, and achieve true “fast, fair and secure”.

Here, i love to raise a question: how to incorporate BFT verification into TAU? I am not clear how to do that, or it is not possible.

Thank you for the clarification at @imorpheus!

Is it the total transaction fees of all the transactions the user has made in the past that will determine the weight of the user's mining power?

That is not how it works. Mining a block is based on the number of transactions carried out by members in a pool over a given time, so the only arms race is making legitimate transactions.

How TAU foundation support TAU price through TAU-X.
Many people ask foundation’s plan to resist dumping TAUcoins on TAU-X. Be design, TAU-X is an efficient, free and open tool to trade massive amount of TAU and contain every thing in one swap, same as our spirit to using epoch to contain 51% power censorship attack. TAU-X will magicly support both efficient trading and also risk containment. Every swap is like a new birth,  even one want to dump 10 billion TAU, it is supported there and settled instantly.
Given all this, TAU foundation did not choose to avoid risk, but create a technology platform to faciliate all speculative actions, because we believe both punishment or award need to be supported in the same efficient way rather than put infliction on one side.
In my view, the most efficient and executable way to support TAU price is not by manipulate financial strategy or news, but by following ways:
1. Remove infliction on trading through TAU-X and TAU-ERC20 stable coin supportting all third party
2. Work out the 12 months plan and realize a fast, fair and secure crypto technology
3. Incentivate app and game developers to build apps using TAU as internal payment and allow them to access massive TAU holders.
Doing above things require time and effort, the result of executing above are always up and down. Therefore, price fluctuation on TAU is expected.
The macro crypto market is always there to affact us. But my view of crypto market is that more and more weight put on crypto currency asset than others, since many citizens from developing countries does not have a “real” non-inflation currency. The demand for a solid currency is essential and imminent. TAU website traffic flow reflects 70% of the viewers are from developing world. So the battle is not whether crypto currency is needed, but what crypto technology is the best. To becoming best crypto technology and network is how TAU foundation and I to support TAU price on TAU-X.

We do not have a setup plan for distributing ERC-20 TAUT at this moment. A few potential ways such as using TAUX to swap out, deposit into some third party exchange for sales, or put into airdrop faucet, all could be discussed, we are interested in knowing your suggestions.
On TAUX exchange, technically no one can garantee it is 1:1. All members drive it. This is interesting part. This will create hedging business in TAU ecosystem among different trading world. I hope market can correct price once there is arbitage possibility.

Discuss open TAU user base to community app developers.
Today we are hitting 33k wallets and lucky to have an increasing community. Foundation loves to give innovative app developers open access to serve our members. If developer could build a web app or game using TAU as internal payment, we will list it in our web wallet under “app store”. All of users holding some basic TAU to use the app. We are creating a app bounty to be announced.

Thanks very much to the whole TAU team to have revolutionized the  Blockchain by coming up with the new algorith, POT. But I want to have something to say about the token standard of which TAUT may be issued, i.e ERC20.

ERC-20 token standars is not perfect.There are some issues that the ERC-20 token standards do not address.

There are situations that tokens might be unintentionally destroyed when they are used for payment and the like.

To fix this bug, the Ethereum community is currently working on a new standard named ERC223. These standards are not compatible with ERC-20, my fear is that, if TAU dev habe created ERC20 TAUT to be utiled by therd party exchanges, they will again need to create another sets of TAUTs when the ERC223 compilement is done, simply because the these to request are not compartible. And if ERC20, the token standard of which TAU team want to use on issuing TAUT, seem imperfect, don't you thin are welcome potential attack windows?

In April 2018, a number of exchanges suspended token deposits and withdrawals of Ethereum-based tokens due to the bachOverflow bug. It is described as a ‘classic integer overflow issue’ and might potentially allow an attacker to ‘possess a huge amount of tokens’. How TAU team become confident to use the imperfect  ERC20 token standard? Because, it was noted, that there’s no traditional security approach to fix these vulnerabilities at the moment.

As the solution, the tau dev/team should address TAUT to ERC223 token Standard which was specially developed to solve issues of the ERC20 token standard.e

The most technically advanced developers who understand the problem, already use the new token standard. For example, Bittrex exchange has restandardized its deposit contracts to be ERC223 compliant, which seem to work best.

White Paper Pt-br
#VaiBrasil
https://drive.google.com/open?id=1y5FIpCzGBP4vflzTH-raZugO0VwDYp2lCq3wj6d7Ipw

Violin8, Thanks for the ERC223 feedback, we will looking into this idea.
Jmlimaa, Thanks for the PT-BR whitepaper, please claim working TAU reward from your wallet.
Cryptoadictchie, would you explain in more detail. After TAUT locked, how to circulate them? Maybe i am missing some things here.

how to claim working TAU reward?

I did not find an option within "tau building". only links

Email social@taucoin.io , and link this thread, you will be rewarded in building tau category after admin confirm the work.

thanks!

Hi dear imorpheus,

There are certain problems that you mentioned in your whitepaper. I have collected very important problems or attacks that will create problem  
in TAU  ecosystem which you will see by red marking here in quote.

First of all, if these problems and attack can be solved TAU will be unbeatable. Without these problems, everything can be solved gradually by time.

Problem1: leaders may take most or all of the block reward.

Solution:
I think there should have a trust system/feedback system also for mining club. So that, people can choose the best one. And to protect the feedback system you also need to reduce the creating of fake wallets. So, for this, you can add a simple physical authenticator in wallet like (yes or no).

Other Problems:

for-profit, whose goal is to maximize
profit in future block reward

whose
goal is to manipulate block generation and control the
network regardless of economic gain or loss.

This opens
door for various attacks such as double spend.

Solution: All these problems can be solved or reduce 80% by simple physical authenticator in wallet like (yes or no). or think about something like google authenticator.

What do you think?

Thanks.

Building a YELP on mining club leadership is critical in many ways. Agree.
Building trust on off-chain physical solution is lost of beauty of blockchain. TAU driving fuel is on transaction fee, not transaction number. This prevents the sybil attack of meaningless accounts.

thanks for the suggestion. The TAUT distribution plan is not yet set. We will consider yours and recogonize it when adopt. TAU-X is current the focus.

Last week we spent some time on ERC20. This week, I would love getting debate on 51% attack containment.
On POW and POS, once some miner has 51% power. It could generate own chain disregard other miners to perform transacton censorship and double spending, which will essentially put block chain useless.
In TAU, we envision to using many epochs such as 100 epochs to contain 51% power attack. When the super power using 51% to win in one epoch, then the winner will not alllow to participate next 99 epochs, the minging power of winner is not allow to transfer during same period.
In POW, it is hard to prevent mining pool to switch computing power. So lock up computing power is impossible.
In POS, transfer assets is harder to maintain coin age.
This is an exciting and unique advantage TAU- proof of transaction might bring us. Please give feedback.

Thanks for your Answer about my claim. Got it.

David, have you thought about network errors when the number of transactions exceeds the volume of the miner's server? According to conversations, I realized that the number of transactions in 500k is approximately equal to the volume of 5GB. What will happen to the servers if their capacity is exceeded, and they will not be able to ignore the transaction? You have not thought to use third-party servers to store information such as Amazon & Google

wow, making a bounty program for 12 months, isn't that too long? Will it be good for the future according to friends? I myself just read about TAU ​​COIN,so it can't predict whether it's good or not

Because we want to make consensus debate to be very serious and careful. What cause you not sure taucoin is good?

Hi, I want to know how you will use your 100 ephocs? Ethereum uses 30000 blocks to update their ephoc..From where we could know hash rate. Right?
 So, what is the difference of yours?

And i also want to know how your mining power as named as harvest power work? Is it follow POS?

Thanks

Pow such eth epochs is used in deciding the difficulty increase of puzzle solving. TAU epochs is for reducing computing power to that mobile device can spport. For example, recomputing minging power and distribute club reward is resource comsuming. Epoch allows computing happen after the last epoch and before the next epoch starts, so that you have entire one epoch to compute. POW coins can never do this technically.
Epoch is also for partially resisit 51% attack, double spend and censorship. Double spend can be contained in announcing checkpoint after epoch.
Transaction censorship is a bigger problem to resist G20 super power, so epoch is created to allow community to rebel after censorship is found. This is a unqiue feature POT is superior to POW and POS. Hope this clearify.

So, TAU epochs are great technical innovation which will save TAU community from 51% attack. That's cool and sounds good.

And based on your full discussion in this thread, i can see that you have solved really great problems that our current blockchain facing. I mean,

- Mining cost will come at 1% compared to the present mining cost of other coins.

- Transaction speed will be very fast. Normally, As blockchain grows transaction speed decrease but here in TAU i can see that as it grows transaction speed will increase more due to POT(Proof of transaction) consensus.

- Safe from 51% attack

Am i right?



But I still see the inequality between club leader will be happening soon due to the greediness of block reward. I think if you fixed a percentage of the block reward for all club leader, it will be good. I mean all club leader can only take 1-2% from the block rewarded to them individually. I hope it will bring fairness among the club leaders and also community will be safe from greediness.

What do you think about this idea?

Indeed, TAU dev is young in blockchain, and we are making many mistakes. Thanks for the community still staying with us. So two actions are adopted. One, learning every day to increase our capability. 2nd, open up TAU development to community members via “developer bounty”, that is to using TAUcoins as compensation to incentivate talented programmers to help. We will annouce the bounty very soon.
Regarding how hard to perform 51% attack. For seeking financial benefits, 51% attack to the chain is not much profitable. But for destroying the chain, 51% attack is well justified for high investment, when super power want to do that. Therefore “double spend” is not primary conern, since it is seeking profit and checkpoint technology can deal with double spending. At the same logic, this is why “allow rebellion feature” is important. Assume one day, tau community found many transactions are censorshiped due to unknow power 51% attack. The epochs design will provide a chance for us to declear rebellion when major mining power is contained by previous epoch.
For keep club leader honest, i think there shall be a “yelp” service to rank their behavior. I would rather let club leader have full freedom to take all block reward, then club members just leave it alone.
Our mining energy cost is much lower than POW, and at same scale as POS. For the speed, reducing hand over frequency is way to increase TPS when lots of transactions in pool.

Every technology, regardless of how secure it appears to be, has certain vulnerabilities that can expose the sensitive data to the potential hackers/attackers.

I appreciated the earlier initiatives that TAU founder and his team took to realize and implement strategies to minimize these scenarios from happening since this early stages of project development.

Inline with the development progress, the following should be put into considerable account to minimize or even eliminate the recurrence of which can result in a massive loss for the cryptocurrency investors and owners, more over the decline of the company.

TAU team should be extra careful before using smart contracts. You should make sure you understand the use and implementation of smart contracts before getting into a deal with a third-party vendor.

For the Organizations that want to deploy 3rd-party Blockchain apps to TAU chain, they should be aware that weak security on the  their side as vendors can lead to hacking or fraudulent activities. Vendors have to be extremely careful in making sure that the code is not flawed and all the vulnerabilities have been acknowledged before the Blockchain apps are made available to the interested companies.

Code testing issues can cause a disaster like DAO or Bitfinex exchanges some few days back. Therefore, it is important that you get the code tested properly and have it peer-reviewed before its deployment. In terms of smart contracts, make sure that they have been reviewed and tested by independent testing centers.

Nodes can become uncommunicative at times and pose a security risk that can disrupt the information flow within the network. In order to make sure that the integrity of TAU ecosystem is maintained, it is crucial to identify the nodes that transmit false information or are restricting the transmission of certain information. This will help prevent what's happed few days ago regarding the unsent transactions and missing balances to some of the users.

With the growth of the number of feature-rich dAPPs, the privacy leakage risk of blockchain will be more serious. A dAPP itself, as well as the process of communication between the dAPP and Internet or the specific Blockchain, are both faced with privacy leakage risks. There are some interesting techniques that can be applied in this problem:

✅ code obfuscation
✅ application hardening
✅execution trusted computing, for example Intel SGX

Those are the specifications that team can insists or require from dApps developers to make sure risks are eliminated in every corner of the Ecosystem

Hi imorpheus,
As you know near future quantum computer will be a great threat for today's cryptocurrency technology. Quantum computer could hack public key and also super fast for mining. what kind of protective measure or action have you taken for this future threat?
Thank you.

You mention that the TAU foundation will be swapping 60,000 TAU per swap during Tau-X, can you confirm the exchange rate these will be swapped at?

I see great potential for this coin, it just needs to get some actual utility rather than just being a coin.

I would like to suggest that the work I have tried to start with the translations has been expanded. Expanded to a possible translation of the site, and even the white paper in the main languages. Today, I can not find anything even talking about the TAU in my language, and I believe that the lack of translations mainly on the site discourages some potential users, like Japanese and Russians for example.

-Since we are at stage moving fast on content and ideas, it is very hard to maintain multiple language site. I think for the meantime, let’s just let community to translate and publish on each one server or social media. Then google can always help to find them. Thanks for your suggestion.
-We do not define exchange rate. That is community collective decision. Welcome to raise ideas on how to use TAU, we in fact will invest into nice ideas.
-I happen to be good at physics. I do not believe quantum computing is any where close. The noise on the earth will contaminate quantum entanglement. You just can never read signal as observer brings in too much noise.
-Violin8, thank you for the analysis, i keep that in my notes. In all security concerns, the most I am concerned is the “censorship on transctions once achieving 51%”. Soon or later, crypto world will face a real war against fiat super power, who does not care about economics. They can just do not allow anyone else to make transactions. POW is super secure whiling consuming entire USA electricity, but not possible to resist super power censorship at all, due to off-chain competition nature cause power could always hide themself behind infinite address.That is why POW is not the future of crypto.
POS and POT has potential, but POT is more scientific to be censorship resisit. If you are interested in exploring security and attack of TAU, welcome you to join our whitepaper writing. You just simply annouce, we will include you in.

Hello everyone,

As the first author of TAU White Paper, I'd like to introduce several new features in the latest version (v0.4), which will soon appear on our website. Suggestions and opinions are welcome.

• Epoch is groups of blocks that ends with a checkpoint. No roll back is allowed beyond checkpoint that has certain age (currently 1 epoch). This can help to stop double spend attack.
• Mining power, mining club delegation, block reward are all calculated on epoch level, after checkpoint is finalized. This reduces node's computation load by avoiding large scale roll back on mining power and reward.
• Reward clipping mechanism stops abusive transactions to make any profit. The clipped reward is transferred into a "reward pool", which gives "coinbase"-like block reward for mining club leader.
• Epoch rotation significantly reduces the possibility of super power attack that can cause block denial and transaction censorship. Address that participates in mining has cooldown period after every epoch.

Tau Foundation will not participate swapping other than 60,000 TAU per swap. In fact, this is not even necessary given current momentum. Plus why 60,000, that is hard to justify. Since the new whitepaper, we are likely to be the next currency, why should we sell at all. If there is no BTC, the TAU pool will piling to be very attractive for fans to grab it. The swap is currency centralized swap, since we are expecting huge volumn.
For ERC20 TAUT, i am more incline to not doing TAUT by foundation. It seems more like an startup opportunity for community member. It is kind of unfair for foundation to run TAU-T, since we are huge supply at lower cost than market. Any linkage from low cost TAU to market by foundation seems very dangerous to me now.
What do you think?

I'm in a mood for getting a couple more alt projects under my radar and eyeing them. Now we have seen many coins try to tackle this problem of mining arms race but so far none have succeeded (in terms of price which I guess while is not a success indicator normally, has become the point that decides whether projects continue or die).

Need more information on this "allowing" miners to make multiple blocks during high transaction volume. Instead of allowing a single miner/node to make multiple blocks, why not have an algorithm that detects the high tx volume and then adjusts the difficulty or adjust the block time, so that it also encourages easier mining as usage increases? I know it's a dumb idea if you consider spamming networks could artificially do this but there are preventive mechanisms for that.

I would also prefer adjusting block size or difficulty when transaction volume is high. Transaction volume, block size limit, difficulty can be written into consensus with relative ease.

But consecutive blocks by one node has its advantage of reducing hand-over (propagation and verification) time. This could be a better solution if a fair and easily verifiable consensus algorithm is found. EOS and other BFT based approaches let one node produce consecutive blocks. Their blockchain is permissioned and block generating nodes are known in advance.

Thanks, i am thinking this issue every day in fact. Google and facebook has done amzing job recently to get rid of bots, i think they are 5% fake rate which is still acceptable to us. We are monitoring that closely.
In terms of counting method. This morning we annouce the daily 5m maximum for sign-on. Our program will auto adjust referral bonus in few days.

The ideal plan is to make all mining mobile, so that difficulty kind of adjustment is not nice option. Once the offchain arms race starts, cell phone can not compete. Blocktime adjustment seems to be likely to done via hardfork, when many miner feels that 1 min is too long, then hardfork will appear. Adjustable blocksize is currently implemented in plan through multiple blocks such as eos. I think this is a safe bet for now. Looking forward to hear more.

Difficulty adjustment only changes expected block time (base target in NXT), it doesn't lead to arms race. Block time change doesn't have to be hard fork, it can be achieved through difficulty adjustment.

For block size, what is the advantage of multiple blocks over one large block?

What's different lpos with tpos? I have only figured of that one different is tpos u need join mining club' without using your balance (every transaction you made Will increase your balance) and lpos need leasing their balance for joining node (balance will change it to power)...is there any different thing in detail ... ???

There are significant consensus level pro and cons in lpos, tpos, pot. I would advise you to read our whitepaper v0.4 for much detail. POT is closer in gene to POS than POW. However, POT is different from POS in terms of value on circulation than hoarding. Because of the same reason, POT is more censorship resisitant than POS when 51% attack happenning.

Yes, in my opinion, it is good information for Bounty and airdrop lovers like me that TAUCOIN held a gift distribution for bounty hunters and airdrop for 12 months. Let's use it to save TAUCOIN in our Wallet, who knows later it will be valuable as time goes by. We must think positively in everything.

I am really a newbie on this thing and so far I need to clarify things. I haven't seen tps average anywhere here. Does it mean that the tau blockchain has not included it amongst to be criticizedor it is not relevant since it is POT? I think there are many coins out there who are also taking time to increase tps to allow faster and more convenient ways of dealing with personal and other matters. Second is that transaction power would be overloaded over time due to a more frequent transactions especially when it's high time to include taucoin in other exchanges thus increasing its fee. There was a time when i had too many small transactions in my account that it is not counted already. I read in the whitepaper about iTAU and i think it's great. Third it could be said that mining club leaders have the advantage for the distribution of coins per transactions. Also, regarding the Telegram bounty for communities, the owner of the group has the capacity to involve or not involve the rest of the community in its designated reward distribution. With regards to application of protocols and programs, I wish the devs have planned in advanced what courses to take especially that they have chosen POT as consensus mechanism over POW,POS and others. not that I think about involving the community is a bad idea but truth is, most of the time, without solid future plans, it slows the progress no matter how great the team is. Maybe we could also update the roadmap, shoud I say? And lastly mass adoption will require a lot of partnerships from big and small companies and entrepreneurs. A p2p-like transaction would be good example or a good start and these prospects in today's genaration are generally pointed towards the young people and young adults with exposure to their common interests like online shopping, gaming, ebooks, shared apps, music and video downloading, and other economic and societal and most especially governmental operations.

Very interesting.Create your own stable coin is simply genius idea
Finally some innovative project
will look that later because is very late in my place

A project that is able to provide good opportunities in the campaign, in this case, there are certainly many who are interested and within 12 months, is a good enough time to get it.

Proof of transaction is different then POW
I remember dogecoin devs were thinking about it
You don|t need to use heavy hash for coin mining
It is really cool that there are some devs who want to explore that area

I totally agree with your concern. Our dev team is working on TAU-X right now. Mobile mining through APP is our plan. We will certainly test thoroughly before launching.

Compute power (although TAU is very low on this), p2p communication, power consumption (battery) are some major concerns for mobile mining.

TPS is actually seriously considered in TAU. Our current client version supports transaction volume up to about 4000 per block, or 67 per second. As you said, transaction volume will grow after TAU-X and other exchange come into the game. White paper v0.4 has outlined some solutions to this, in Chapter 7 Section "Scalability". The basic idea is that transaction volume/fee increase can be detected and written into block header, so that block size or block time can be adjusted when needed.

And yes, business participation is important. TAU has start-up bounty for this purpose.

I got a bit concern about the bounty, it says "bounty for 12 months", does that means the bounty campaign will be held as long as 12 month/1 year?
That is sure long bounty periods, i can't imagine if someone will be able to stand that long bounty.

When mass adoption happen like what happend on bitcoin. clearly iy will affect on the scalability  aspect. Remember how fast bitcoin transaction before and now it become surpass by most coin. I think so far, XRB is the fastest when it comes to volume speed per block. I will take note of the specifics on your whitepaper regarding this. I heard that you will launch an exchange on the 18th. From there we can really observed how the speed of transaction increases in due time. Since daily transaction will happen and how the system will react to it. But conaidering the blocks tau can support, that is amazing already. Hope it can happen already when exchange launches.

How can you be sure that the community will not lose interest after TAU-X comes? With 10B total supply and huge amounts of airdrops, most of the airdroppers will dump for sure. Is there a way to prevent this? Maybe the team can give credit (additional coins) for hodlers just like NPXS token has been doing. So that those who wishes to sell will most likely not benefit except for their btc's.

I think youre concern is a bit shallow on this matter. Im not that familiar with taucoin yet so far, but starting to get hyped by the rapis growth of their community and lots of rumors being heard here. I started to read their whitepaper and learn some stuff specially on the tau wallet they have been using together with the blockchain and consensus mechanism on the process. I like that new concept are being done by this developer and unique has something worth in cypto. The long bounty isnt wasted for this. Remember, NANO when itwas still on its early stage? I remembered their coin distribution runs almost 2 years and look where it is now. It's about the project concept and idea we are dealing here and improving not just a reward coind for you to sell when it hit exchange.

Long bounty periods can promote stability and seriousness of the team. that is my opinion. Given that they have chosen to give away coins instead of using ICO to generate funds, we can their eagerness to grow alongside with the community.

imorpheus has written an article regarding this:
https://medium.com/@davidwu_30530/price-guidance-for-tau-valution-of-your-time-and-judgement-to-future-c6032d1b4497

I think there are more disadvantages of multiple blocks over one large block as it increases difficulty while decreasing order and efficiency in the database.

The Taucoin will release own exchange on 18th right called TauX? I can see that the original plan was the Tau foundation supposedly put 60k tokens pool on the exchange every 360blocks but now will not participate to it. This will be a good confidence on the community response. However, the coins are distributed through giveaway right? So the 200plus million coin holders are those who participated on the bounty and contest. I think to gain liquidity aside from the Tau Capital business section. You should offer a trading contest to engage activity on the taucoin exchange. Draft a certain prizes for highest traders and reward them also on their exchange deposit balance. I think it will be a good move to encourage trading. Also, can you applied on insitutional crypto group such as CMC if you reached necessary volume? I think better way is also list them on other known exchange aside from TAUX to add more possible liquidation.

12 months debate on features and consensus is critical to get peer-reviewing on plan and constitution. So that 10 million TAU is reserved for this effort, 200K x 54 weeks.
Put entire network onto mobile platform is our vision and that is what need every expert to discuss. Decentralization also need consider how nodes hosted, if everyone hosted in AWS, that is not decentralized. If TAU network running on 1 million mobile nodes, that is true decentralized and permission-less.
However, there are huge technical barrier to achieve it. I could only say Proof of Transaction standing at best chance to accomplish it then POW.

One of the highlights I am personally waiting for TAUcoin developers is to engage in a decentralized Internet. Just imagine surfing facebook, instagram,snapchat..etc (just for example), and EARNING coins from posting, making  videos, and other activities etc... while SECURING confidentiality of the users. I know we are a long long way from there but it could also be a good vision for the team because the INTERNET is basically on of the greatest application of knowledge mankind has. And our photos and messages are not safe from today's servers. With internet being decentralized, it will give more ways to highlight the usage of this coin in the future.

It it possible to have a "double spend" before waiting for a checkpoint especially if the attacker has more than 50% of total mining power? Could this happen especially if a user receives/send a large number of coins? Would a checkpoint be too long before another transaction for that?

Does mobile platform include mobile mining? If so, epoch rotation's cooldown must have a modification too.
TAU network running on millions of mobile nodes needs accuracy and speed. Also current mobile nodes have an external storage. A normal mobile cannot hold that much data when running a full node. A special support is also needed to maintain stability in connections as it moves from one network to another or a subnet to another.

Before checkpoint, it is possible to reverse blocks and "double spend". With over 50% mining power, this has success probability of 1, but it takes longer to reverse older blocks. For a large amount transaction, it is advisable that the receiver wait longer, or better wait after checkpoint. With 360 blocks in an epoch, the longest confirmation time if you wait for checkpoint is about 12 hours.

The current choice of epoch length and checkpoint frequency is a trade-off between confirmation time and permanent fork possibility. We will certainly test and modify if necessary.

We are still in early research stage for mobile mining. Storage space is certainly a major concern for mobile devices, along with communication. Full node mining probably won't be supported. Instead, some light mining mode will be developed.

What i mean by this is to generate coins/income for users and not solely for developers as today's internet is. Plus the fact that security is centralized in current's internet phase, hacking of information and photos are becoming a great deal of concern. There could be more than ways of earning and is not limited to posting, liking so on and so forth... At the very least, users have their own keys and ownership and privacy while surfing the net.

I think this is necessary but the rewards for it should be lower than before. Doing this can put the project into awareness how the projects work and social media is an easy way to do it.  More or less, it will become a norm for taucoin to be noted in this crypto space. Imagine even non crypto user will able to see a simple ads or share by the project, I think out of 10 people there are chances that 2 out of it will be interested with them. I can see that you want to preserve the value of taucoin but from what I see on the situation, taucoin needs a worldwide awareness and social media medium is the bridge for it.

Hello there what was the timeframe for the mobile mining? I think it's better to tie up with some firm that allready engage in this adpect of field? If you heard of Electroneum maybe Taucoin can follow the track they did for their mobile app regarding mobile mining. If full.node mining wont be supported so it cant fully compete on pc mining? It should be same with as POT is eco friendly mechanism right not unlike POW.

The social promotion cause me lots of thinking as how to raise awareness. Here is my logic for discussion.
We provide this referral bonus link to equite everyone way to make taucoin through their social and media network. The current setup is 168 - 124 - 185 for regular signon - referral bonus - referred signon. I think changing to 168 - 185 - 185 will make referral more attractive. With this folks will be happy to socialize the idea.
ETN is pow mobile mining, i think technically it is hard to combine off-chain resource proof with mobile device. POS/POT has potential to achieve mobile mining since both does not need physical resource. POS world tends to go dPOS with some permission/delegration strategy. POT tends to be more fitting to permissonless, which is more mobile.

Thank you for your suggestions. I've heard of Electroneum but didn't look into details yet. Seems they need some POW, which is CPU memory friendly. Communication and latency is also a big problem. Seems Electroneum made partnership with many wireless service provider world wide.

Anyway, we are still in early stage of mobile mining research. No definite time frame yet.

----Edit below----
For mobile mining, Electroneum only simulates the mining process and rewards mobile device users from a pre-assigned pool. This improves "user experience" in some way, but their mobile mining actually has nothing to do with block generation or network security. PC based mining handles that job.

Nice so meaning the POT is really design for the mobile mining as it permissionless feature. So mobile and pc mining couldnt have much difference on earning taucoin through mining since there is no power consumption needed. If i were miner I will resort to mobile since it very easy and more convenient to use with. I hope you can update the roadmap and include this mobile mining soon. I know youre just setting up and clearly I understand. Sorry I just overwhelm with the outcome when you release it already.

Got it and looking forward to the development of the mobile mining. On the other way around,  how TauX exchange will be like? I saw some screenshot about BTC pool inside, looks like it will be like direct exchange for taucoin. Honestly I like a traditional exchange where in there are bid to buy and ask to sell option. There will be something like that? I like this cause we can see and monitor the volume about the trading. We need it so community can see what was the demand of the coin.

TAUX is a direct exchange between BTC and TAU, round based (360 blocks). We'll make most data open.

The whitepaper of this project didn’t impress me, maybe I’m too picky. I know about this project for a long time and even participated in the first airdrop. There I still have coins and I almost forgot about them. I hope they will not make swap tokens in the future in order to keep them for a long time can get something from this project.

Ive saw the launch of the exchange and I can see the overwhelming support and interest on the project. I can see a future on investing on your project. However the bug that has arise today and sudden halt of the exchange will affect the trust of the community. Nevertheless, I understand cause the project still on testnet and bugs like this is inevitable. Hope you fixed this problem and make sure to win back community trust. Still supporting you till the end.

There are limits for both entering BTC pool and withdraw, perhaps 0.001BTC (not sure). If we take today's 1st round as its face value, many dumpers don't reach withdraw limit. Actually, even if one really wants to dump, 1st round is probably a lousy choice.

Sorry bugs arise in today's 1st round. Hope our tech team can fix them and TAUX will be online again tomorrow.

The white paper is too simple for me in reality but it does address the how's and why's of its creation and experiment. The reason why we, the community, are here is to create a constructive criticism to the white paper and possibly add suggestions to improve it.

Letter to TAU community - persist with believers
Oct 18th was a very hard day for TAU to be hit by bugs and speculations. I will remember for life. Firstly, I thank you all for staying with TAU and me. Openning of entire process to the world is the right way and long term happy route no matter the price and risk. Everyone has to work for belief to win. TAU project is backed by my personal wealth, and I will persist it to the end. Given all this, our strategy will not change. Let's fixed the bug and restart for business on Monday. The hit yesterday is strong enough to get rid of non-believers. This world is composed of both believers and none. Up to now, we still have 80,000 users in TAU and increase 3,000 daily. It is still one of the largest crypto community. Let's move forward. - imorpheus

Every thing that has just started has to face many difficulties and we are not exempted to that. An experimental POT as consensus is a strong move by the devs. Yesterdays hit totally fazed a few people. I suggest that for the meantime, with reduced referral rewards, less bounties and coin rain and quizzes, and four (4) days of waiting before TAUX comes alive again, shouldn't there be a "special bounty program" or any sorts of the likes to make people busy with at the time being?

I hope you understand that TauX still at early stage and been drafting codes and trchnical writing at this time is progressive working. If you found it simple, you can apply as one of the tesm member and prove it with your skills, since they have a developers bounty. We can criticise the whitepaper considering you can support your idea that cotradicts to it. From what I see, they are working hard for this project and ao far the only conflict in the process are the inevitable bugs that occur in the network that is totally fine considered this as an esrly stage. But that alone is not an excuse for the dev since they annoucned iy opening with utmost confidence and should be prepared for this but still something went wrong. We will see if on its reopening it will succeed all the way.

thanks for the support. i think some speculator moving away from POT is good. We are fixing bug and will build a POT main net fully on mobile nodes. All i need is staying with us and give us some time, and always discuss the white paper here. we will still give out the bounty reward even it might not as much as we thought.

This platform is not user friendly,  it is very difficult to explain to someone how to get tau via bounty.  I think it should be like a chat forum where a single link takes you to a page with the debate question on the top and everyone replies to it

Hi atekwe, the first note on the tread explains everything.

i will check thanks

TAUcoin debate daily topic 10/22/2018

As we are doing research on mobile mining, the first issue is communication. Peer to peer network forms the basis of Bitcoin. However, communication on mobile devices, such as phones and tablets, are usually managed by WWAN provider. Is it possible to build a peer to peer network for mobile devices? There already exist ad hoc solutions.

Sorry that TAUX didn't work as expected. We need more mature platform and community.

Back to the daily topic. I was actually asking for ideas on mobile mining and its communication issue. That is, how we build a peer to peer network over which we send transactions and blocks, without potential censorship from App store (Apple) or WWAN service provider (Verizon).

With the impediment of swap pool in TAUx, I think most people especially those who belong in the early phase has invited already those they have to invite and such as the case is, incoming referrals are from current joiners only. This means more than half of the members (in my opinion) will not engage in transactions in the TAU blockchain. Mining new coins might be a problem as there are fewer transactions. Any events to facilitate fresh transactions in the blockchain? If I might suggest, let the team create a room/app/website for entertainment such as games (e.g. poker, blackjack, (pusoy and tong-its) etc...), movie watching, hourly/daily faucet, music playing, etc. There could be a lot of potential activities to be done at the meantime. Do not just focus one that could take months or years to develop. I know the struggle and I just don't want people to sit back and wait. Anyway, TAUcoins are made for consumption in whatsoever ways we can. 

TAUcoin debate daily topic 10/23/2018

What are the pros and cons for UTXO (BTC) and account based (ETH) systems?

 UTXO

1. Higher degree of privacy: if a user uses a new address for each transaction that they receive then it can be difficult to link accounts to each other. Although some wallets (JAXX eth) can have multiple addresses, this has not benen brought up yet with Eth official wallet. Once a transaction is done, though it is recorded there, one cannot do anything about it.
2. Potential scalability paradigms: UTXOs are more theoretically compatible with certain kinds of scalability paradigms in such that it uses only one proof of owner ship in the Merkle tree.
 
ETH accounts

1.Large space savings: because every transaction need only make one reference and one signature and produces one output unlike UTXO's that could probably have 2 more reference for output.
2. Greater fungibility: because there is no blockchain-level concept of the source of a specific set of coins, it becomes less practical to institute a redlist/blacklisting scheme. I believe freedom is one of the concept of Etheruem and creating a restriction on coins of where they come from is not invluded in their function.
3. Simplicity: it seems easier to code and understand, especially once more complex scripts become involved. Unlike UTXO, it doesn't require proof from the Merkle tree.
4. Constant light client reference: light clients can at any point access all data related to an account by scanning down the state tree in a specific direction. In UTXO paradigm, every transaction leads to another reference therefore crating a system with more privacy than ease of tracking.

Thanks for the suggestions. These actually are quite similar to Electroneum's mobile "mining" APP, except that theirs only offers simulation of mining. Another big problem is that Apple and Google currently ban mining APPs in their APP store.

So any ideas on which way TAU should go?

As we know there are two broad groups with respect to the style of cryptocurrencies transactions UTXO (BTC) and account based (ETH).

In the UTXO transactions, each coin contains essentially two different pieces of data: ownership data, and the amount it represents. Transactions inductively spend outputs generated by previous transactions and create new unspent outputs, and there is no intrinsic notion of an account associated with an address.

In the account based transactions, the currency is spread among the multiple accounts of the system, each of which has a specific balance. Each address is seen as an account with a balance, and transactions are transfers of value from one account to another. Every transaction also contains a unique nonce to protect against replay attacks.

Pros for UTXO:
First, it allows transactions to be processed in parallel for different UTXOs and transactions can be processed in any order. These parallelizability and invariance property lead to scalability benefits.
Second, it is difficult to link accounts to each other because the user uses a new address for each transaction that they receive. It leads to a little higher degree of privacy.

Cons for UTXO:
The main one it is its complexity. Second UTXO basically suited only to asset issuance and transfer applications. It’s more difficult to successfully run smart contracts on it.

Pros for account based are simplicity and efficiency before UTXO.
Simplicity means that it opted for a more intuitive model for the benefit of developers of complex smart contracts.
Efficiency means that each transaction only needs to validate that the sending account has enough balance to pay for the transaction.

Cons for account based main one is a double spending attack. Every transaction must have a "nonce" and the account must keep track of the nonces used.

Some word about TAU. In my opinion TAU devs, team and rising up community should find own decision. Maybe it will combine UTXO and account based. Or it will something innovative brand-new like a Proof of Transaction consensus mechanism. Copies are always worse an original.

References
https://medium.com/@ConsenSys/thoughts-on-utxo-by-vitalik-buterin-2bb782c67e53
https://eprint.iacr.org/2018/513.pdf
https://eprint.iacr.org/2018/262.pdf

Nice summary.

Actually we are considering a mixed approach with UTXO and account.

TAUcoin debate daily topic 10/24/2018

What do you think of reward clipping in POT? For example, mining reward of every address is bounded by its total historical transaction fee paid. The goal is to discourage users from making transactions for future profit (mining reward).

TAU is very unique therefore in choosing an accounting system, the team should consider some unique properties of it as well so that copying another's transaction system will not benefit or introduce its uniqueness. I am suggesting a NEW model that could help the system. but first, here are a few points that we should take note carefully.

1. Will it promote a higher and better degree of privacy than bitcoin/etheruem?
2. Will it be able to handle massive transactions in the future?
3. Will it promote foundational platforms/programs/apps?
4. Will it promote fungibility?
5. Will it take too much space for storage and consumption?
6. Will it be user friendly? Simple yet complete?

While the invention/foundation/development of TaU is based on POT as consensus mechanism, its accounting model should be solely based on it as well. And here's what I suggest. (Anyway I'm not a developer or something related so I might sound superficial with my suggestion)

a. TAU needs a totally different blockchain explorer.

b. It needs to have an "expiration" on TAU hodlers. A cheque model to be exact wherein a cheque is only valid for up to six months. After that,
    the cheque is invalid. (Since a cheque is only a representation of the real value in a bank account, the unspent cheque will not affect the
    total amount and value of money in the owners bank account). In such a case, a transaction will also have an expiration once it was verified
    and the given timeframe arrives therefore acknowledging that the previous transaction is already verified by the system.

c. Since this is a POT mechanism, hoarding and hodling should not be encouraged while promoting/advocating transaction consumption. This
    could be done by another mechanism called "automatic transfer" into an owners account. Every after an "expiration", the system will
    automatically transfer the balance to another account that should be linked to the first one. Two or more accounts  for each owner is
    inevitable for this scenario as this system will promote a higher security and privacy as well and promote transactions even for inactive
    users without the fear of losing each one's coins

d. Tau's window size should be modified for this system. A faster "expiration" leads to a faster "automatic transfer" and it leads to a higher
    security as stated above. Anything that has to do with a one-year period of time in TAU's white-paper should be modified as well for this
    purposes.

e. Any complete transaction and expired non-transaction will eventually must be deleted from the system and the blockchain (or nodes) must
    have a consensus to ensure that a transaction is complete or a non-transaction is expired. This will promote data-saving properties as it will
    not consume large amounts of data to hold information.

f. With this system in TAUs blockchain, it will be easier to  produce or generate an app/program/alternative coin in so that it's simplicity over
    other existing cryptocurrency will be highly valued.

g. Applications/program and other products and services to be used on top of TAUs blockchain should consider its uniquenees in order to fully
    utilized its function. In case of a gaming app, suggestions above should be considered (e.g. having an internal and external wallet for
   automatic transfer, in case of stagnant activity) so that panic will not be in any occasion.

h. During a complete transaction where the sender sends all or a part of his balance onto the receivers wallet, both wallets will serve as a
    fresh base for the countdown of an "expiration".

I still have more to know about this NEW suggestion that I just gave but in case my statements above made no sense at all, the team should AT LEAST try to accommodate a combination of the two commonly used models for accounting and have in mind the BEST scenario for that purpose. Ranking TAUs priorities should be evaluated in order to choose in which accounting model to use. If, for example security and privacy is of higher priority that its simplicity and mass usage, go for UTXO as base models but not completely ignoring ETH accounts strenghts.

My opinion should establish a dynamic dependence of the transaction value on their number for a certain period of time (day, month, year). For example, the cost of a standard transaction is X tau. If the number of transactions, for example, is more than 100 per day, then 101, 102 and further transactions will cost 10X, more than 1000 -  1001, 1002… - 100X, etc.

That is an interesting suggestion, dynamic transaction fee based on volume. But it may bring unfairness to some users, or create bias by block generator.

Is there already a threshold for reward clipping? And what method are they using as basis? Should there be a ratio of tx fee to # of transactions?
Is it possible in the future to have a tx fee higher than the amount being transferred? if so, will it not go back to the miner as part of the block reward?

I suggest that a fix percentage of whatever value (e.g. 10% of tx fee) of the reward clipping cap should be established while the remaining balance be distributed throughout the mining cub members (90%)

I wrote above about fake transactions that will make only for future profit. To avoid unfairness and bias devs or mods should manually allow a few accounts make a transaction at standard fees in X tau. Anyone can write to mods and make a request for the planned exceeding number of allowed transactions per day due to the nature of his business on the tau platform.

no its okay i resign from doing further tasks here , i stay with my sign up bonus
thanks bye

A suggested reward clipping model has been put into white paper v0.4. Please read. The key idea is that any address cannot own more reward than it paid.

TAUcoin debate daily topic 10/25/2018

Continuation of reward clipping discussion. Do you think it is fair for a user to gain profit from making transactions? For example, without reward clipping, one can send transactions between his own addresses to increase mining power. This could be profitable if future transaction volume is greater than current.

We are using POT so why should we not give benefit for those who made transactions themselves? besides transaction fee has doubled in time when I first joined TAU community. I believe it is everybody's right to gain benefit from their transactions. If there should be a reward clipping mechanism, remaining balance out of the cap must be distributed fairly to everyone or by lottery or mining groups

50/50 or win/win. All fake transaction should be limited in any way. From the other hand transactions that make startups on tau platform or transaction that allow growing up the tau community etc., should be awarded for example in lower fees.

This is the first school of thinking, and what I prefer. Making transactions solely for the purpose of profit should be stopped.

This is the second school of thinking, although I don't like this idea (I might be wrong). Bitcoin's white paper only points out that mining power based on hash computation can prevent sybil attack. Nakamoto didn't say anything about evolution of mining power from CPU, GPU, FPGA to ASIC. We can choose to do nothing about for-profit transactions and see what happens under POT.

TAU is a permission-less public chain, so it might be difficult to tell which transactions are "fake" and which are "start-up".

"Fake" is a transaction which overfed determined limit (day, month, year).
Startup makes a request to mods. Mods accepted startup account (accounts) and all transactions from it account is "start-up".

Maybe the blockchain can check if transactions are only from the same addresses mostly and therefore rewards from them could be limited. A transaction fee of 0.00250000 TAU can produce at least 40 transactions before fully burning 1TAU as tx fee so it will really be abused in the future. How about putting a limit to a transaction to be made between 2-4 addresses.? 

Think of a start-up where one creates an app/website that requires the use of "HIS" TAU address over and over again as payments, he then, can subdue the system by generating multiple transactions solely for DUAL purposes: 1. to earn from his app/website and 2. for block rewards system. "Transaction for profit" can happen whichever ways whether fake or start-up as this serves the coins' purpose, Proof of Transaction. OR do you mean to tell that only those who have start-ups can abuse the reward blocking mechanism?

Time limit on "fake" transaction won't work if an entity creates lots of addresses (it's free).

Mods (foundation?) can grant "start-up" status, but this is a centralized solution.

Addresses can be created off-chain for free.

TAUcoin debate daily topic 10/26/2018

Continuation of reward clipping discussion. What will happen if there is no limit on reward received from one transaction (say, someone pays 0.1 TAU transaction fee can earn 1 TAU later from this transaction)? Imagination please ;)

Reserv

I'd like to say that if this happens and many adopts to it, mining all 10B coins would be faster. Therefore with the "law of supply and demand", price would go up. (If we have established a price already on TAUX). The downside is, when TAUcoins comes into other BIG exchanges like Binance, Okex, Huobi etc,.. whales can manipulate the market as they have most of the coins. And even if before coming into exchanges, these whales could also create a dump or pump situation more likely.

“Says” don’t work. But if you really pay, for example, reward in 1 tau for a transaction in 0,1tau fees to the first 1000 members of the community, the community grows exponentially to 1mln, 2mln, 10mln etc. That growth will stop only you stop pay reward. It looks like a typically Ponzi scheme. On the planning horizon in 5-10 years we lose all in that case. At the initial stage, it maybe works. Need to stop in time.

Question is, are there people right now doing that? it will only give advantage to teh first people who will actually do it. And we have to wait for the mobile mining launch to see its effects. The first 1000 members might not even be aware of this mechanism. even so, community will not grow basically just by adding transactions. It could be that only one person is doing ALL these transactions.

The foundation development team is focusing on implement java based full mobile device mining node. we found that bitcoin does not have full java version. if we launch java version, we will be first alt coin having full java implemention which supports mobile devices like android.
Anyone know any coins having full java implementation? thanks.

For the upcoming main-net, we are still using transaction numbers as counting not the transaction fee. with epoch, we believe the transaction numbers accounting is able to resist spam. looking forward to more debate.

In POT mining club power computation, after each block, all club power changes. If there are million of address and thousands of clubs in mobile network. To compute these info take big power of cell phone. We want to use epoch to make sure the computing does not have to be instant. The current epoch n only use power computed in n-2 epoch. So that the cell phone can have entire epoch to computer. Each epoch could 1 hour.
like to hear the discussion.

I wonder what's the teams' priority right now. Obviously it's not the exchanges. Can anyone on the team rank these.

*mobile mining
*main-net
*mining "per se"
*monopoly game
*TAUt
*TAU X
*white paper updates
*blockchain explorer
*other TAU-based apps
 
Anyone can add some or remove some. I guess the community is eager to know which one is of the highest priority. I know the team has a lot of people working on each of their appointed projects and yet we are just more than 2k new wallets per day (I guess). I dont know but I am thinking we are eager to know where we are right now. Main-net should be ranked first, but i dont know.. :D

Main-net is overall goal, the priority is:
1. Proof of transaction consensus implementation on java mobile device such as android.
2. Monopoly game - mining power and reputation game.
3. Speedup and resisitant to 51%
4. Consensus debate

I am so glad that we are having this lists of priorities. As for the main net, I do think we do not need to pressure the team to hurry as we all know that time will only tell when this development will take place. I personally do not want to put a pressure on the main net issue but since it's on the FIRST priority, does this mean we are expecting it to be sooner than the monopoly game launch? Monopoly seems interesting especially that we do not have a price yet so people will abundance of TAUcoins will be at risk of spending much and people who have less (like me) will end up saving up more in the future. It could also mean that those who have less might less participate in the monopoly game.

51% attack resistance is to be maintained at all times to prevent further damage or loss. I believe we are in the right path to success. :D

I think main-net is ready to go already. Devs are just trying it to go with mobile mining and taunopoly for a smoother transaction when all of them is up. We are all excited already to see this new feature. I myself is more intersted with the game because it can have or even more, mining power to an individual or a mining club. Whichever comes first, the community will be ready to take action and take the blockchain by flood.

I believe so much in this project as much as others who are earlier than me in this endeavor and every step of the way will be savor up to its last best bites then to another development again. I am wishing the team best of speed and skill so that we could all continue stronger! Kudos grupo. Great job.

I will have more questions in the future with our white paper as well as everything that pairs with TAUcoin. Now that taunopoly has come into discussion, I believe the team should have a deadline for this before the year ends, if possible.

I think there is still a lot that needs to be improved from the Taucoin platform. Among them: The use of a private key wallet has not been functioning, meaning that when we enter a new wallet, we must enter with Facebook or email, cannot use the private key to enter. Secondly, the android application cannot transfer Coin, only serves to receive Coin.

Yes indeed! There are a lot since the team is starting from ground zero. Every suggestion, comment, interruption, and every thing that concerns TAU's community is of great help to the team. I believe they are doing everything they can right now to protect users and provide us with a better functionality. Mobile wallet, mobile mining, main-net, taunopoly... it adds up and yet we are just starting!

The foundation develoment team 7 poeple are all focus on mobile mainnet. We are looking to address mobile implementation than more functions now. We think getting into mobile first, then grow from there. Therefore, the mining club relationship will be counting only one layer and club wiring function is delayed. With this, we can have a light mobile full node, everyone can use.
Taunopoly game is a natural preset for full node, once node software is ready, you can one key turn on the mining.
The email and facebook signon for wallet is that we think our current value of coins is low, which is an advantage for us. We do not have to make security too much a concern to cause lots of infliction. Coin price low does have some upside in getting more pervassiveness with lower entry barrier.

In my findings I found a coin named Phoneum (true mobile-only cryptocurrency and mining solution) that's how it's entitled, but they are still weak because they use a combination of Proof of work (POW) and Proof of Time (POT).

To them, the more miners on the network, the higher the hashrate and mining difficulty, of course this is normal for any POW users, hence we as proof of transaction, we don't want this. Also there is so called Proof of Time, to them, the more time you spend online, the more you get rewarded, but still a problem because users are automatically excluded from mining the devices are overheated, its also a drawback that we Proof Of Transaction does not encourage excluding miners as they are important part in the ecosystem.

Further more, I even communicated to team and they say "Android runs a modified version java version", but in a closer look, I read their whole white paper seem not to mention anything with regard of full java version inclusion on there mobile mining.

Again, I even installed their mining app (Phoneum Go, anyone can check it just for learning purposes), its truelly mining when you stay online, but one major challenge is, when the mining app shut down due to device overheat, when you restart it, no previously mined record s kept, seems are arased (hahahaaa).......... I also find another called MobileCoin, but seems not to have any information regarding the use of full java version on their mobile mining activities.

All here are limitations in which we can still say no any one who managed to fully implement java version in mobile mining, I hope TAU Coin will stand out and take the lead.

Discussion on checkpoint technology.
To prevent long range attack, which is someone rebuilding blockchain from very early time to make it look like a real chain to confuse new miners, the current POT whitepaper suggests using checkpoint to make certain portion of blockchain permanent.
My worry is that if checkpoint is adopted as consensus, there will be lots hard fork to be generated because the miner made wrong choise can not come back. Blockchain itself can not prove it is genuine or or. Maybe something like Yelp service can give ranking as what fork has best chances to be real one. This situation is hard to happen in POW, but possible in both POS and POT. POT is harder due to you do need to accumulate one year transactions, but in POS you can quickly move the coins to do that.
Love to hear feedback on checkpoint thinking.

Many debaters today about blockchain checkpoint points only two MAJOR pros and cons. The overruling factor of "peer to peer transactions" and security from attacks from low difficulty blocks generated in the past. ( Correct me if i understand it wrong ). Even though checkpoints do nothing relative to the consensus (as in POW), I think it has nothing to deal with POT as we live with transactions by seconds/minutes. And that a fake chain cannot be created with fake transactions in my opinion. I dont know excatly but maybe devs can give light as to HOW exactly checkpoints create security in Proof of Transaction as consensus. It has nothing to do with bitcoin in anyway aside from checking the "correct" chain or "node" and preventing the system with compiling non sense data. If an attack could be made EASILY in Proof of Transaction, then we need checkpoints to secure our miners.. but still, I don't get the point of checkpoints in POT.

There is one benefits for checkpoint, that is fight against long range attack. With checkpoint consensus, long range attack is avoided. What is your idea?

checkpoints are necessary for POW especially. in POS they have validators (Again, correct me if Im wrong) but both of these methods  are to secure miners from being drawn into the wrong chain. Work (and electricity cost) and Stake (amounts of coins hoarded) can easily be manipulated somehow, thus double spending is sometimes inevitable.  The need for checkpoints and finality of blockchain is needed to be fast.

If only every block has a checkpoint ( Idk if that is possible) then there is no need for a longer version. If more than 100,000 users starts mobile mining, how will there be a a fork? Temporary fork may appear over time especially when when two valid blocks are received in one node but we also have cumulative difficulty to determine which chain is the "best" chain therefore it would be difficult to tamper with the timestamp. Forks generated by this tampering on the local time to generate a new block, it will be immediately abandoned because of smaller cumulative difficulty (In the white paper)

Let me explain more on long range attack. Hackers with initial high number of coins, such as foundation or founders, can start from very beginning of blockchain to rebuild the entire chain using high stack (in POS) or high transaction records (in POT). POW does not have this problem, because of the rebuild entire chain require spend energy twice. Checkpoint is a consensus proposal that once chain grows cerain length, it is considered finality, no one can change anything, unless it is an complete hard fork which require new sets of miners to follow. I believe checkpoint needs to be implemented in tau.
Another idea to discuss today, shall we make time window to be entire history rather than one year.
Entire history with checkpoint will make 51% attack very hard to acheive. Assume tau chain has run one year, 51% attack hackers need to run one year as well to form 51%. If we make it entire history, the longer the chain grow, the harder it is.  Love to know your ideas.

I agree on this one. It will be difficult for future attacks to take place if there will be a longer chain. An entire history will create a stronger blockchain and any minor misadjustments will be automatically ignored.

If I may ask, why are we not using "blocks" for checkpoint (i.e every 1M block) instead of "one year/entire history" ?
 

Yes, indeed they did the best for their coins and platforms. It's impossible for them to just leave. Moreover, TAUcoin already has its own discussion forum. In this case I think the developer must be able to work extra so that TAUcoin can run according to the roadmap, so that the user's trust will increase.

Both POT and POS using on chain info for security, so both are subject to long range and short range attack. However, the magnitude of the attack to both chain are different.
Long range attack could be fixed by setting checkpoint on chain as concensus, then foundation and major players provide snapshot of the chain, so new comers can find the real chain. I think all POS is doing this. I am not worry about it.
The short range attack is serious. It is how difficult to obtain 51%. In POS, when coins price is low, it is in fact easier to get 51%. In POT, when transaction volumn is low and chain is young, it is easier to get 51%. However, if we assume each block just contain fixed number of transactions, the transaction is really the time. So when chain grows older, the difficulty to obtain 51% attack is harder since you need to redo the whole time to get lots of transactions.
We recently removed club implementation is to make the 51% attack harder, this is an trade off. With club, you can easily to sell your power to others. Without clubbuing, the only way to give others power is by giving them private key using for voting on chains. Every few people is willing to giving out private key.

New medium article on time accumulation. of course, i found security issue is number 1 for crypto currency...

Proof of transaction to fight 51% attack — 51% attack is unavoidable on decentralized ledger according to Satoshi. What we can do is to make it harder to obtain 51%.
In the Proof of Work, if the super power such as member of G20 wants to secure 51% of computing power, it is possible through investment into factory. In the proof of stake, the stake could be purchased.
I would love to argue the most hard resource to build is “time” rather than equipment and money. In a fixed blocksize blockchain, the transactions are actually time.
Assuming long range attack is contained by checkpoints, once POT blockchain lives 10 years, in order to secure 51% POT power, one need to either secure enough other miner’s private keys to get power or build your own power for 10 years. The older the chain, the harder to achieve due to time can not be created. In POS and POW, the vintage of chain does not contribute enough into security.
TAU focuses on mobile node to make more people able to mine and secure the chain. We recently removed the mining club to make 51% formation harder. For a currency, security is everything. TAU- green, fair and secure.

... continue the transaction spam discussion...
in email work, spam is popular because of the cost of sending email is close to zero. in TAU network, the cost of spam transaction is not cost zero, that require transaction fee satisfying miners. making lots of transaction increasing mining power is viewed as action to invest into tau future.
what is your idea?

... discussion on speed up ...
Bitcoin lightning network aims to provide fast payment routing and channel. Many bitcoin wallets start to support connect to LN.
TAU coin mobile miner is naturally fitting to provide payment channel on mobile network. so that, pot settlement layer will focus on security, then lightning network can speed up the transactions.

ok thanks i got some TAUS again

are we going to support smart contract? love to hear feedback. pro and cons

This is great. POT is great. Transactions generated whether for "real" or "spam" will benefit all miners in the end. More and more miners will capitalize in this project as this does not cost so much "financially" for everyone.

There are just a few pros and cons for this one but i would like to state the obvious.

Pros:     a. security - since it is run on blockchain, it will not be lost or changed without permission
             b.  economy and speed. - almost automatic
             c. standardization - many smart contracts classification.

Cons:     a. cost -  need a programmer esp one trained in fool proof blockchain technology
            b. legality - there is a potential issue for this in the future
             c. human error. - programmers who "unknowingly" create mistakes might compromise the whole system.

Let's go for it. I also want to suggest that we have a "2nd layer blockchain",..  same protocols just not on a different blockchain. To ease traffic and congestion in the future transaction. Not that TAU's blockchain is inefficient but we need to back it up Justa thought..

ANyway, smart contracts are great deal to increase usage as well.. Governments/community/businessess can use tau in any level with smart contracts.

so why not just using smart contract in side chain? shall tau main net settlement layer support smart contract at all? UTXO is not able to support Turing complete smart contract. TAU is using utxo now.

I think it is already great that we have utxo now and it might be a lot of trouble if we consider "again" in terms of smart contract. If in the future someone wants to create apps/program using taucoin, they can just do so, create another coin using taucoin as base coin. In the simplest way possible, taucoin can provide greater benefits and usage for all even with or without smart contracts. As I've said earlier, a second-layer platform is possible if devs really will push through but for the meantime let's keep it this simple. Just in my humble opinion.

I love the feedback on keeping us focused and simple as basic coin settlement layer.

A key decision is made and very bold. "reduce the block size to 10kb" aims to support massive decentralized mobile nodes mining.
Peer to peer communication among millions of mobile devices require smaller block size. This is to increase data availability, resulting to provide high security. we believe security is upmost importance, given the recent BCH 51% attack show. We adjust our spirit to "light and secure". this puts us in a very unique position comparing to other coins increasing block size, which will cause centralization, due to less nodes have full capture of blocks on time. The reason for 10kb is average ethereum block is 50kb. As an experimental currency, we want to start with high security, 10kb makes us look not sexy, but 10kb blocks size in a pure mobile environment is very cool.
what is your feedback?

10kb per minute on settlement layer is new but good for decentralization. The triangle, "decentralizing, consistent and scale", we would choose first two and trade off scaling. the future world in my imaging will be major application such as search engine, social and commerce running on dPOS semi-decentral consensus to gain scaling. TAU could use side-chain to settle with dPOS tokens to gain speed and other features. 10KB per minute is possible to gain millions of miners to join. so does crypto currency need millions of miner to protect it? or just less than 100 miners can hold the trust of the world?

I would argue:
1. BTC: 70% consistent, 20% decentralized, 10% scale
2. dPOS: 50% scale, 40% consistent, 10% decentral
3. TAU: 70% decentral, 20% consistent, 10% scale.

https://cdn.discordapp.com/attachments/496681280965050378/514903308025069598/unknown.png

dPOS can do high volume big blocks in short time, that is why they are better for dAPP to operate. settlement layer require decentralized participation, tau is more focus on the "decentralized" part of the tri-angle.
it is complicated to debate how many miners are enough, i do not know either, how many TV channels do we really need? 8, 100 or a million?

Giving up high volume transaction numbers on main net is a big bet. Most of startup project dares not do that, but Satoshi did it through bitcoin in return for consensus. One blockchain to satisfy all DCS (decentralized, consensus and scaling) is impossible, there is math proof on that. One ecosystem of block chains can do that. Assume there is an ecosystem in the future, all we need to do is to pick up a position. TAUcoin picks up "decentralization" and consensus, which force us to run mobile mining and 10kb block size, no high volume as result.

I personally do like dPOS for application say social, commerce and search engine. dPOS needs great enterpreneur to build venture to fight current giants. I do hope steem can win, but it seems their product is loosing traffic and founding team is gone.

quote: While he (BM) only gave people some vague information about how this new hypothetical token would be, he described it as something that would be immutable, limited to the role of being a proper digital currency and non-programmable.

Dan Larimer finally decided to do a currency rather than a global computer. that is why learned $4B paid by the community. Tau is targeting to be currency only from day one. i am glad we are on right track.
Now POW is volatile, POS-eth might never come out, dPOS is consider not a blockchain and tested by Whiteblock to report it is not much faster than eth, POT is one the way to the future...

we realize more and more "decentralizing" is the key in the blockchain and crypto through recent market move. therefore, we need to make mobile mining upmost importance.
To make each miner best user experiences and allow every phone be able to mine, I will propose to dev to reduce block size to 1kb per minute to make really light on mobile ming. that you do not have to worry bandwidth data.
during the same time, we will change web wallet to fee less fast payment platform.
with super decentrazlizing on the mainnet, and fast speed on centralized web wallet, we make "decetral- consensus-scaling" triangle balanced.
1KB/minute is bold move, we can expect community to fork out to high block size in the future if truly needed. I believe there are enough drivers to fork up to high block size. Now we need to make decentralized technology work first, which is largely missing in the industry.

As of the small block size
i think consider how will we store the tx data on the blockchain with the least possible space
so i suggest using account based model instead of UTXO model

Here is a small comparison between the two

UTXO "used by BTC"

The tx size  can be calculated like this
 inputs*180 + outputs*34 + ~10 extra bytes

 example : 4*180+2*34 = 798 bytes


UTXO has kinda added pseudo-anonymity and the flexibility to change addresses
 while anyone with some free time can get the tree of all the txs based from the same source of BTC


Account based model "used by ETH as example"

The tx size is around 109 bytes

and it consists of

f86b length
80 nonce (0: this is the minimum an account can have)
85 0ba43b7400 gas price
82 5208 gas limit (this is fixed for simple payments)
94 7917bc33eea648809c285607579c9919fb864f8f (address, always 20 bytes)
87 03baf82d03a000 (value, in theory this can be shrunken to zero)
80 (data, already zero length)
25 (V, one byte)
a0 067940651530790861714b2e8fd8b080361d1ada048189000c07a66848afde46 (R)
a0 69b041db7c29dbcc6becf42017ca7ac086b12bd53ec8ee494596f790fb6a0a69 (S)


Account based model uses less addresses
and less size per TX
also changing addresses too often will lower the potential of accumulating mining power

Is privacy is conflict to transparency?  if transparency is corner stone for decentralization/democracy, shall we consider privacy is conflict to decentralization?
I love to see more debate on this?  UTXO is semi privacy, but eth account system is transparent, which is more decentralized?

"Openness and transparency are our weapons." Unless, of course, we want to ensure that there is no conflict of interest. On the one hand, confidentiality will cause panic on the part of regulatory authorities, trying to harm the community. To say that with the help TAU can be support terrorists, sale drugs or weapons. On the other hand, the community may further choose to provide additional protection to the Supervisory authorities by providing protection to its assets.

Nice point, we decided to not adding UTXO, zero-knowledge proof or ring signature into settlement layers, it will be fully transparent. if someone need full anonymity, they can exchange to other coins.

Whether privacy or transparency, both have their own advantages and disadvantages. Transparency on the other hand is promoting a real decentralized protocol. In a sense, it can be both transparent and private such that one individual can create any number of accounts staying anonymous for that  matter.

welcome to the debate. we will enter exchange when community member reach 1 million. during mean time, we shall focus on technology.
Welcome to debate on "total consensus strength" TCS, https://medium.com/@davidwu_30530/new-idea-the-total-consensus-strength-tcs-among-pow-pos-and-pot-f24c7949b93f

Tau is very much dependent on its community. The fact that the whitepaper is open for critic, even the price itself is up to the public. How much one values his TAU will determine its value. It largely depends on how much effort one has put into acquiring them. Currently we are still at a little less than 5% from total circulation so acquiring TAU at this stage is very important. Referrals, and boounties are a good source. Everyone is encourage to participate. ;D

I COpied this from iMoprheus' reply in taucointalk forum.

Notes on design TAU block structure
We design the block and transaction structure to achieve following:
-support fast communication in mobile environment, particular to avoid fork caused by global network latency.
-small size to allow mobile device to download blockchain fast for network grow decentralize easier.
-transparent mining to increase detection on 51%, this is not design to completely avoid it.
-each block contain 50 transactions, one block every 5 minutes.
TAU Block:
-Blockheader: 1–4; the block header design purpose is to allow mobile nodes to find out which chain has the most accumulative difficulty. Using timestamp and public key is sufficient to compute each block target base and difficulty number. Header is small of 122 bytes, full day’s header info is 35Kbyte. With this small data set, it is efficient for nodes to find most difficult chain to avoid forks.
-timestamp: 32 bits
-previousHeaderHash: 160 bits; use SHA256, RIPEMD 160
-generatorPublicKey: 264 bits; compressed public key in ECDSA.
-block signature: 520 bits; V,R,S format, possible to retrieve public key. the reason we still include public key here is for block headers to contrust accumulative difficulty.
-version: 8bits
-option: 8bits; this is left for future use.
-“Hit” number is first 8 bytes of hash(previous block generator public key 64bits+ current generator public key 64 bits); with this network random number, TAU can predict the future miner sequence up to certain extent to increase the detection of 51% attack.
The block common area is total 992 bits, 124 bytes.

TAU Transaction: we only support transaction from one address to one address.
-version: 8 bits; keeping version is for future upgrade to control the transition grace peroid.
-timestamp: 32 bits; transaction will expire 24 hours, that is 288 blocks. on TAU, every 144 blocks it will lock an checkpoint, so if an -transaction expire, there are 2 check points to confirm that .
-toAddess: 160 bits, this is SHA256-ripemd 160 on a public key that is recovered from transaction signature.
-amountTAU: 40 bits
-feeTAU: 16 bits
-transaction signature: 520
Every transaction is total 776 bits, 97 bytes.

We spend 2 days on solving "mobile mining" behind firewall NAT. All crypto mining i see today require a real ip address, however all cell phones does not have a real IP, they are using NAT public IP in each connection. we need to adopt UDP hole punching to allow cell phone community with each other for consensus.
So our major innovation includes behind NAT p2p networking and POT block design.

In my knowledge, all coin mining requires public IP address for nodes to communicate with each others on IP network, that is Internet. It is required for BTC, ETC, EOS and all as I know. On today’s Internet, only server has public IP, and blockchain network consensus is really built on “server to server”. You wallet is a client connecting to one of those servers, therefore wallet is not decentralized neither have the full picture of the pubic ledger to running by itself.
Clearly, good wallet shall run on mobile phones. However, mobile phone does not have “real IP address” due to IPv4 network is not able to provide that many IP addresses. IPv6 needs many years to come, so that the mobile industry using NAT, network address translation, to make many phones sharing one public IP and giving cell phone internal IP address behind firewall. Without IP address, mobile phone can only be client and not able to be a full mining node on public internet. Different cell phones behind firewall need centralized server to communicate to each other such as you see in whatsup and wechat.
TAUcoin is solving this industry bottleneck, to build true “client to client, server-less” networking allow blockchain to be maintained on mobile phone systems without any super node software. Every wallet is an full node running on mobile phone behind NAT firewall using internal IP address. So that we makes “server”, “client” and “wallet” all the same to achieve true decentalizaton.
How are we going to do that? Please stay tuned on TAU mainnet.

There have been many updates already and we don't want anyone to be left behind. Here is our discord link: https://discord.gg/xst9AMP
Check the  news.

Main net is coming soon. Mobile mining is too. Is everyone ready to mine on mobile?

PURE MOBILE MINING IS ON!!!! I love this update and I love how the team handles every problem encountered every updates.

What more are we expecting in the months to come? IPFS tech integration? What for? hmmm.. Let's wait for it.

This is awesome. Love it.

The debate continues on https://taucointalk.org (https://taucointalk.org/index.php?topic=11.0). You can still participate in the discussion and receive rewards.

Thanks mate. What a wonderful debate to take part in.

Heads up!!!

Hello, this is from TAU blockchain lab in Cambridge, UK. We build an open-source Phone Mined Coin(PMC) on a lite mining consensus, proof of transaction. Contact t.me/iMorpheusTau for receiving 50 PMC to play phone mining.

There is a BOUNTY reward of 500 PMC, if you do one action: Twitter or Facebook this message with tag “PMC”.  Simply send me the screenshot to receive the reward, thank you.

Our detail info is on taucoin.io