Hello Fellow community members,

In recent past, we have been called a sure shot scam, Hawala, etc.

You guys have always encouraged us and supported us, so we know that it's not the broader view of the community.  

Please review our Tech-Draft here:

https://docs.google.com/document/d/1hkkJcmazKlglFTtiWijGNsN4mXbctlbp7xO_BMEFuPE/edit?usp=sharing

We will be happy to answer any questions you may have about Trestor Foundation.

If you wish to speak to Kunal directly, he is available at kunal@trestor.org

Thank you once again for your continued support.

Trestor Team
@trestorconnect
www.trestor.org

Hello Skang and other India community members,

NDA would not be required, here's a link to our Technical Draft.

https://docs.google.com/document/d/182td7t8jMVKEr3K6yVwXvmeZjuC2o0vlaQ91iz0jJIA/edit?usp=sharing

Apologies for not keeping in touch, we would greatly appreciate any feedback/suggestions, feel free to comment in as your read.  

Details of our Physical offices:

Toronto, Canada:   Suite 608, 120 Eglinton Avenue East, Toronto, M4P1E2. Phone: +1-416-605-1295

Chandigarh, India:  Plot # J-7, Rajiv Gandhi IT Park, Chandigarh, India Phone: +91-0172-6579292, +91-76965-71000

Seoul, Korea: 197-33, Guro 3-Dong, Guro-Gu, Seoul Phone: +82-10-9910-2173


Regards,

Trestor Team
www.trestor.org
@trestorconnect
www.facebook.com/trestor.org

Benson Samuel
5:45 PM (20 hours ago)

to me
Telling me this is not going to help.
You need to address the forums and explain why we are incorrect.


Kunal Dixit <kunal@trestor.org>
5:56 PM (20 hours ago)

to Benson
Yes. You are right. Will do that over the weekend. I really appreciate your effort in shaping and leading a healthy cryptocurrency community in India.

https://bitcointalk.org/index.php?topic=1057794.0

Kunal,

Either you guys are marketing your product in a very wrong way, without getting consensus of the people who understand this technology, or you are running a scam.

Do clarify on the Thread.

Best wishes,
Benson

Kunal Dixit <kunal@trestor.org>
4:46 PM (21 hours ago)


Hi Benson,

Thank you for bringing this to my notice. We are obviously not a scam because to be called a valid scam you need at-least one victim who got scammed by the potential scammer.

I encourage Indian bitcoin community to call our Retail Partners, this would help Trestor because this community driven quality assurance would help us identify Retail Partner who lack appropriate knowledge to answer a Trestor related query then maybe we need to drop their name from our website. 

As a confidence building measure, I will share our non-public 'Tech-Draft' along with other critical research content with you in a separate mail.

Trestor is proudly Indian, I assure you that Trestor team is fully committed to financial inclusion and decentralization.


Kunal Dixit
Founder
Trestor Foundation
www.trestor.org

An Indian entrepreneur, Kunal Dixit, has launched the Android application of a new currency ecosystem based on a new decentralised cryptocurrency called ‘Trest’. Trest will be traded over a decentralised peer-to-peer network called Trestor network (T-Net). It already has over 220 retail partners on board along with a presence in 51 countries, Dixit claims.

Full Story: http://www.financialexpress.com/article/industry/tech/indian-entrepreneur-kunal-dixit-launches-new-currency-ecosystem/38146/

We, at Trestor, must apologize in advance because the answer to your questions has been consciously kept ambiguous and slightly philosophical. 

While the whole ecosystem is celebrating the rise of Bitcoin and how Bitcoin 2.0 protocol (whichever wins) is going to bring about second phase of cryptocurrency growth. We think, as a community, we should introspect and watch out for complacency & avoid making Bitcoin a religion of sorts. 

Trestor (T-Net), does not see itself as Bitcoin 2.0 project, Instead we see ourselves as a “Bitcoin 0.5” project. While the whole ecosystem is focused on celebrating promising ideas like smart contracts, we think, as a community, we need to back a protocol which is able to execute "Four fundamental functions of money" to perfection first:

Functions are as follows:

1. Standard of deferred payments
2. Store of value
3. Unit of account
4. Medium of exchange

The only way Trestor can satisfy these 4 functions of money is by executing its mandate correctly:

“Our mission is to create the most efficient Money, Payment and Market system for the world.”

Even before our launch, we have already partnered with over 200 Retail Locations in over 16 countries, the idea is to create a “truly decentralized” and highly accessible “store of value” thereby creating a very functional “medium of exchange” system.

Starting 1st February, we will be adding, 500 independent locations every month to our global Retail Network. These locations would not have any contractual obligation to deliver service, they would deliver the best service because they are systemically incentivised to deliver.

To summarize, We think that most of us have started thinking of protocols like applications, protocols are very very different from applications. 

Mentioned below are some of Trestor's views about cryptocurrency protocol development:

1. Protocols are not apps, adoption is its true disruption (from a protocol's standpoint)
2. Apps are disruptive when they execute certain task better than their closest alternative; protocols are disruptive when they achieve mass adoption (rephrasing our 1st point for more clarity)
3. Efficiency is overrated (from a protocol's standpoint)
4. IPv4 addresses are exhausted but still over 94% of the internet traffic still flows through it despite over 18 years of effort by big multinationals for IPv6 adoption (Reiterating 3rd point)
5. Protocol stability is underrated; would you leave Facebook if you are unable to login for an hour; what if the same thing happens with your money (T-Net transactions)?
6. Simpler protocols with minimal ‘Organisational overhead’ are better positioned to win. At Trestor, the maximum team size (for any autonomous core team) is 7; ie. The team should be able to fit into an SUV, drive to a pizza place and share an XXL pizza for lunch.

We might not have done justice to your excellent question, but we promise to do justice to executing our thought process in coming weeks and months.

Regards,

Trestor Team
www.trestor.org
@trestorconnect

BTC India,

Thank you for your wishes! Really appreciate it.

We, at Trestor, must apologize in advance because the answer to your questions has been consciously kept ambiguous and slightly philosophical. 

While the whole ecosystem is celebrating the rise of Bitcoin and how Bitcoin 2.0 protocol (whichever wins) is going to bring about second phase of cryptocurrency growth. We think, as a community, we should introspect and watch out for complacency & avoid making Bitcoin a religion of sorts. 

Trestor (T-Net), does not see itself as Bitcoin 2.0 project, Instead we see ourselves as a “Bitcoin 0.5” project. While the whole ecosystem is focused on celebrating promising ideas like smart contracts, we think, as a community, we need to back a protocol which is able to execute "Four fundamental functions of money" to perfection first:

Functions are as follows:

1. Standard of deferred payments
2. Store of value
3. Unit of account
4. Medium of exchange

The only way Trestor can satisfy these 4 functions of money is by executing its mandate correctly:

“Our mission is to create the most efficient Money, Payment and Market system for the world.”

Even before our launch, we have already partnered with over 200 Retail Locations in over 16 countries, the idea is to create a “truly decentralized” and highly accessible “store of value” thereby creating a very functional “medium of exchange” system.

Starting 1st February, we will be adding, 500 independent locations every month to our global Retail Network. These locations would not have any contractual obligation to deliver service, they would deliver the best service because they are systemically incentivised to deliver.

To summarize, We think that most of us have started thinking of protocols like applications, protocols are very very different from applications. 

Mentioned below are some of Trestor's views about cryptocurrency protocol development:

1. Protocols are not apps, adoption is its true disruption (from a protocol's standpoint)
2. Apps are disruptive when they execute certain task better than their closest alternative; protocols are disruptive when they achieve mass adoption (rephrasing our 1st point for more clarity)
3. Efficiency is overrated (from a protocol's standpoint)
4. IPv4 addresses are exhausted but still over 94% of the internet traffic still flows through it despite over 18 years of effort by big multinationals for IPv6 adoption (Reiterating 3rd point)
5. Protocol stability is underrated; would you leave Facebook if you are unable to login for an hour; what if the same thing happens with your money (T-Net transactions)?
6. Simpler protocols with minimal ‘Organisational overhead’ are better positioned to win. At Trestor, the maximum team size (for any autonomous core team) is 7; ie. The team should be able to fit into an SUV, drive to a pizza place and share an XXL pizza for lunch.

We might not have done justice to your excellent question, but we promise to do justice to executing our thought process in coming weeks and months.

Regards,

Trestor Team
www.trestor.org
@trestorconnect

Hello Altcoin Community,

Here is our news coverage in Indian Express. Thought it is appropriate to share here.

http://indianexpress.com/article/technology/social/trestor-to-bring-bitcoin-like-digital-currency-in-india/

You will hear a lot more from us, beginning next year.

Look forward to connecting with you all soon, you guys are awesome!

Trestor Team
www.trestor.org
@trestorconnect