Bitcoin Forum

True Decentralized Cryptocurrency

This is a prototype of the reserve PoW cryptocurrency with equal remuneration for each user, with limited blockchain and a regulated final emission of new coins.

This self-regulated payment system with unlimited lifetime in a decentralized environment where each user is its owner.

This is a comprehensive solution to the key problem of Bitcoin.


What is true decentralization?

Real or true decentralization in relation to cryptocurrency as an innovative payment network and a new kind of money determines that each participant of such a payment system within the framework of the algorithm of mutually beneficial consensus is equal completely with respect to any other participant of this system. Where any relative inequality is a defining sign of false decentralization, as distributed or actual centralization, i.e. what becomes beneficial to a certain center automatically becomes not profitable or useless to everyone else.

Centralization - it is a profit for the minority due to the mistakes and ignorance of the majority.
Decentralization - it is a profit for the majority due to of the mistakes and ignorance of the minority.

The lifespan of centralized or falsely decentralized currencies is limited to the final resources of a particular (last, distributed) center.


Problems of Bitcoin and other cryptocurrencies

Programmed collapse of the fiat money bubble. No fees - the death of Bitcoin.
Desire for centralization - ASIC and the endless growth of blockchain.



Solutions:

   1. Atomic mining

Mining a transaction through its fee and reward users for their work.


   2. Limited blockchain size

Moving UTXO from the old transaction block to the new block.
For that movement a fee of 1% for the first year and 10% for all subsequent years is charged.


   3. New difficulty transaction block

Atomic mining transaction hashes are used to calculate the difficulty of a transaction block.

With a large number of transactions in the block and at atomic transaction hashes commensurate with the target difficulty of the block, the attack of 51% is impossible.


   4. Emission

Transaction fees replace the block's emission. Emission of new coins stops when the sum of transaction fees in the block becomes greater than the estimated value of the emission algorithm for this block.

With weak demand, the total number of coins ceases to grow, with high demand issued new coins.


   5. Distribution of fees (and emissions) of the transaction block

The amount of fees of the current transaction block is distributed between the miners of this block and the transactions of another block, which is lower in height by 5 positions from the previous one. These transactions divided into random number of parts by algebraic progression. From each part of only one transaction, defined at random, rewards are paid by random multiple of the value of its fee.

Random variables - are constants. The hash of the block whose transactions are allocated rewards determines them.



Github

Source - https://github.com/neiros/TDC
Miner - https://github.com/neiros/ccminer
Pool - https://github.com/neiros/yiimp
Explorer - https://github.com/neiros/explorer


Block Explorer

http://explorer.neiros.work/


Site

https://neiros.github.io/EN.html


Main topic

https://bitcointalk.org/index.php?topic=2254304.0



Roadmap

The independent development phase is complete.
Next:
•   Fixing bugs as they are detected.
•   Professional optimization of code and algorithms as it spreads.



Expected results

The TDC consensus algorithm stimulates the use of cryptocurrency for its direct purpose - as a means of payment for goods and services. Encourages openness and honesty of States, companies and individuals, limiting their excessive greed and desire for absolute power. Solves the problem of ASIC by economic and ideological methods. Contributes to the disappearance from the market of shitcoins, forks, etc. tokens, ponzi schemes, scams and related spam.

Can I mining with AMD card? I really like this project. very discreet!!

Mining with AMD card is possible.
It is enough to add a new hashing algorithm to any AMD miner.

ahh new "true decentralization coin"
i think the block explorer is very simple, just using iquidus, can i join team and build a new explorer?
or maybe i can join android development, currently im trying use vue native ( myabe i acn try at this one)

This is not a new coin, it is a correction of consensus errors of the old "true decentralization coin" - Bitcoin.


You can do whatever you see fit to do, without restrictions.
Each user is a member of the TDC team.

may i know who behind this project?
team?
or this is just a "freedom coin"
how about premined coin? where going on?

http://explorer.neiros.work/block/00000009efba3f88db6f03373c7ff6f6be1b6f9ad21306b4eb26f65dfdffac8d
the first block is hidden too

I am.
All the ideas of this project came up and implemented by me alone.

24th October 2016 (http://ss-iq.blogspot.com/2016/10/bip-rc001xx.html) published some problems Bitcoin
30th November 2017 (https://bitcointalk.org/index.php?topic=2254304.msg25487467#msg25487467) launched this coin

Good name for coin.

No premin.
He has been working for more than two years for bugs are searched and fixed. This is a very complex fork of Bitcoin.

First block is here - https://github.com/neiros/TDC/blob/TDC/src/chainparams.cpp#L39
he's just like everyone else.

Please explain this quote from the website:

What is the purpose of this? I think this is unfair to all the people who will hold TDC for longer period of time. If you want to encourage transactions (which generate mining fees), why don't you take only a small fixed fee? No one would use Bitcoin if tx fee was 1% let alone 10%.

Interested, but why a self moderated thread?

And what algorithm? What pool?

To remove meaningless posts, spam etc. I know what environment this topic is in

The pool you can do yourself.





If people don't use TDC or anything else (their house, car, bike, anything, garbage tank, garbage from this tank, household waste dumps, etc.) why then do they need it all?
What someone doesn't need is used by those who really need it.
TDC is a PoW engine, this is not a tank for storing solid, liquid or virtual household waste of human life.

1% and 10% is a mechanism to limit the endless growth of blockchain. The working part of the blockchain becomes a fixed length (more info (https://ss-iqr.blogspot.com/2018/12/tdc-blockchain.html))
It gives a lot of benefits - https://neiros.github.io/EN.html#blockchain

TDC partially uses the mechanism proposed by Silvio Gesell - Freigeld('free money') https://en.wikipedia.org/wiki/Freigeld
There are a lot of inflated garbage cans in the cryptocurrency market, but there is no free money yet.

i already read the source code, i didn't know this coin already published in 2016
but why the time diffirent with genesis.nTIme timestamp ? 1511877324

Because I set the time when I launched the coin in November 2017. This time is used to calculate the difficulty of blocks
If I had launched the coin in 2016, I would have set the time of 2016.
If in 2020 the time would be 2020.
It's the start time.

REGTEST  1511877324 - https://github.com/neiros/TDC/blob/TDC/src/chainparams.cpp#L151  Is equivalent to:11/28/2017 @ 1:55pm (UTC)
TESTNET  1511875961 - https://github.com/neiros/TDC/blob/TDC/src/chainparams.cpp#L119  Is equivalent to:11/28/2017 @ 1:32pm (UTC)
MAIN  1511875500 - https://github.com/neiros/TDC/blob/TDC/src/chainparams.cpp#L53   Is equivalent to:11/28/2017 @ 1:25pm (UTC)

http://explorer.neiros.work/api/getblock?hash=00000009efba3f88db6f03373c7ff6f6be1b6f9ad21306b4eb26f65dfdffac8d

2016 https://bitcointalk.org/index.php?topic=1724780.0
2017 https://bitcointalk.org/index.php?topic=2254304.0
2020 https://bitcointalk.org/index.php?topic=5214267.0

Is TDC going to be on coinmarketcap any time soon ?

I don't know. This coin is for an independent community. The community should know this.
If there is no community - TDC simple shitcoin. Shitcoins should not be on the market.

please i have problem to compile it on linux no autogen or configure what is the procedure?

Ubuntu 16.04

i found this when check the first transaction ?

/root/explorer/views/block.jade:92 90| td.hidden-xs 91| a(href='/tx/#{txn.txid}') #{txn.txid} > 92| td #{txn.vout.length} 93| if txn.vout.length > 0 94| - var total = txn.total / 100000000 95| td #{total.toFixed( 8 )} Cannot read property 'length' of undefined

so no premine but first block reward 100.000.000 TDC?

It is Iquidus Explorer error - http://90.188.88.19:3003/tx/6fe8289b644faf01b5abadde67a0855cb81ecb9d08b8805874fa9f7ad232c075


No premine - https://github.com/neiros/TDC/blob/TDC/src/chainparams.cpp#L46

Not traded

https://bitcointalk.org/index.php?topic=5214033.msg53523062#msg53523062

I definitely like this coin. We all know the disadvantages that are inherent in bitcoin and corporations that use it for their own purposes. This coin is different and I think it will still be popular and will replace bitcoin. Bitcoin is manipulative.

Is there a discord-channel?

No channel.
But it's a good idea.
Maybe soon there will be.

This is TDC channel https://discord.gg/Wmp3fmT

That idea is flawed and will not work.
Nobody likes to be forced to use money or any other valuable material like gold.
Most people need to save as wel before they can buy/pay something, thats going to be fun saving for a new car, study, every year you loose 10% of your hard earned cash.  ;D

Well, imagine that you do not use money or have lost your wallet, then there will be a distribution of your money to the community. All money will be returned to circulation. This is an awesome idea. Apparently you have not fully figured out how this works. I recommend reading the documentation.

Yes, do not forget the fact that it is spending money that develops any economy, but not saving money that leads to a recession. In addition, no one forbids 1 time a year to transfer all your money to your own address.

We have listed TDCoin to our pool:

https://yourpool.org

ccminer -a lyra2TDC -o stratum+tcp://stratum.yourpool.org:3033 -u TDWG8cPBJSLA9XPSrqBFK237mHf7omPZz5 -p c=TDC

pm me to get ccminer for lyra2TDC algo for windows.

I know that psychology is a major ingredient :
When people feel bad they will save money and when happy they will spend more.
Where I live economic experts tell us for years deflation is bad for economics because people will save money or delay spending it.
Well we have deflation and economic grow is one of the best in Europe.
So much for these "experts".
(I think we would do better without the EU since a lot of money is wasted on poor members.)

"...saving money that leads to a recession"
Again flawed, in theory you are correct but since people have to spent money for living and other necessity's it will never happen.

-Pascal Coin was the 1st coin that has that "feature".
-You can use a script and automate "refreshing" your account and with that this feature can be easily defeated.

-The more hashing power the bigger the rewards.
Which is good news for the big miners and leads to centralization.

Why write you in personal messages to receive a miner? Maybe you can share it here on the forum or on your site?

I agree with you. It is sufficient to publish download file link on the pool page. Everyone can check it for various malicious programs even without downloading the file itself.

There is no ASIC mining here, so anyone who has a home GPU can join for POW.

the miner is october 2018 why? it is not new??

Coin has its own lyra2TDC mining algorithm. There is no difference 2018 or 2020.

AND THIS?????

https://bitcointalk.org/index.php?topic=2254304.0

https://bitcointalk.org/index.php?topic=1724780.0


LOLOLOL 2017

TDC (True Decentralized Coin) is the last fork in this coin creation story. Are you surprised that the developer oneself 3 years worked for create the coin?

no absolutely... just you and your team mined for 3 years with CPU and now you wanna make us mine with gpu lol

You can mine using the CPU only. This feature is implemented inside the wallet ;)

Satoshi and geeks also mined for a long time at the very beginning, but there are people who only today are connected to Bitcoin mining with ASIC'S. What's the problem?

We have listed TDCoin to our pool:

https://yourpool.org

ccminer -a lyra2TDC -o stratum+tcp://stratum.yourpool.org:3033 -u <yourwalletaddress> -p c=TDC

ccminer for lyra2TDC: https://drive.google.com/open?id=1kzYfAxt6_KI6upECYC1Cl15vSKz15Czi

wallet for ubuntu: http://90.188.88.19/tdcoind

HI.
how come the wallet doesn't sync?
as soon as i open it syncs, then from out of syncs and on the bar it shows "0 hours (s) behind".
if I check the number of blocks received,
increases

I run it and it immediately disappears. And there is no onfig file to insert a line. Any help me.

UPDATE: As I understand it, the processor cannot be mined using this miner. For video cards only. How can I mine on your pool by directing processor power?



https://github.com/neiros/TDC/releases/tag/v0.10.17.11 update wallet

New release with bugs fixed

https://github.com/neiros/TDC/releases/tag/v0.10.18.1

TDC for https://miningpoolstats.stream/tdccoin

https://i.imgur.com/UZfcSQI.png

And new AMD miner by andrucrypt
link for download WildRig Multi 0.20.2: AMD miner with multialgo support (https://bitcointalk.org/index.php?topic=5023676.0)

example of a command line for mining in the https://pool.rplant.xyz/

Looks interesting, will mine few coins and see where does it lead.

Coins are already being bought on the OTC market. There is a person who buys up to 1 million coins ;)

Really? that was not a small amount of coins, he was so sure, I believe there's something about this coin made him buy in large quantities. I rarely see large investors like this. I hope it will attract other buyers to buy in large quantities.

I think that this ROCKET MAN (that's what I call it) makes their early investments when they can take the coin cheaper. BTC cost in 2011 was also not as high as it is now.

This is the new BTC? BTC 3.1? Great, I am glad I found it at this time..

Yes, this is a great fork of Bitcoin. Even now, the TD coin is mined in good quantity. We can assume that we are in 2012 ;)

This is not a new BTC - this is a true BTC.

Well who knows where does this lead, i think that we can see interesting development in future.

By the way would it be better if TDC is listed on exchange, that the OTC trades would be more secured that way?

Each exchange can independently listed and start trading TDC

few people on the mining pool, roadmap? Exchange?

There are no people , no road map, no exchangers. This is an unusual coin. The usual rules don't play here.

Scam ?

Aha-hah! No money was collected here, it can't be a SCAM.

Mine as much as you can and wait for future. This will be big.

Guys there is another coin with TDC ticker: https://bitcointalk.org/index.php?topic=5158636.0

It doesn't matter.