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1  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] [PRE-TOKEN SALE] TontineTrust - The Future of Retirement is Peer to Peer on: March 14, 2018, 08:43:18 PM
Tontinetrust token airdrop just went live:

https://blog.tontinetrust.com/tontinetrust-airdrop-campaign-4c5a9d7e02ec
2  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] [PRE-TOKEN SALE] TontineTrust - The Future of Retirement is Peer to Peer on: February 21, 2018, 01:18:11 PM


Please let us know what you think about our tontine-style bonus strategy for early buyers and holders:

https://blog.tontinetrust.com/the-ton-token-sale-aligning-buyer-incentives-through-holder-bonuses-tontine-style-3908c84e8c15

TLDR: We are rewarding early buyers of our TON Tokens not using discounts, but using substantial bonuses that are paid out on a monthly basis to Holders. If anyone sells, they forfeit remaining bonuses which then get shared amongst the remaining Holders, increasing their bonuses dramatically.
3  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] [PRE-TOKEN SALE] TontineTrust - The Future of Retirement is Peer to Peer on: January 16, 2018, 01:38:08 AM
Tontines will solve real world problems like this one:

Carillion "has a pension deficit of 580 million pounds". 43.000  people either not going to get their retirement funds OR the taxpayer will have to jump in.

Tontines for the rescue!

https://www.reuters.com/article/us-carillion-restructuring/britains-carillion-collapses-after-banks-pull-the-plug-idUSKBN1F40P0

4  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] [PRE-TOKEN SALE] TontineTrust - The Future of Retirement is Peer to Peer on: January 11, 2018, 01:14:18 PM
Also Bloomberg has discovered the new old kid on the retirement block:

https://www.bna.com/tontines-meet-blockchain-n73014473005/

5  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] [PRE-TOKEN SALE] TontineTrust - The Future of Retirement is Peer to Peer on: January 11, 2018, 12:52:23 PM
For everybody wanting to learn more about tontines (explaining the actual economics of a tontine rather than the crypto / blockchain side) here is an elaborate interview with Richard, our CFA, conducted by Bill Borton from 'Live better longer':

http://www.ustream.tv/recorded/111734986

The video will probably be moved to another URL in a couple of days so I will try to update the link then.

6  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] [PRE-TOKEN SALE] TontineTrust - The Future of Retirement is Peer to Peer on: November 21, 2017, 12:13:18 AM
Sop let's say my local insurance guy wants to sell these, he's going to have to concern himself with this token, too?

Yes. From the whitepaper I quoted before:

Quote
These Global distribution partners seeking to market our Tontines, shall first be required
to purchase and lock down TON$ with a value equal to 5% of monthly expected referral
volumes. This stake shall act as a surety deposit for Tontine Trust to protect against the
risk of advisors miss-selling to members.

So your local insurance guy has a financial incentive to offer the tontine (amongst other products) that gives him a competitive commission and his customers 30 to 40 percent more revenue. But say you don't even ask the local intermediary and instead buy TON tokens yourself and buy into a tontine:

Quote
TON$ holders which are intending to invest in the Tontines themselves can utilise this
Partner staking system to generate a 5% bonus for themselves by staking their TON$
and using their own partner code when joining the Tontine. This may be the first
legitimate retirement product in history where the saver immediately gets more capital
value upon investment (105%) rather than seeing their capital value immediately
depleted by up to 30% due to fees. Accordingly, TON$ Holders not using an Advisor are
rewarded for holding the TON$ if they invest in the Tontines.






7  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] [PRE-TOKEN SALE] TontineTrust - The Future of Retirement is Peer to Peer on: November 20, 2017, 04:07:03 PM
Do you have any plans to take on partners in distribution so you can be bought side by side with "classical" products?
Would be great to give customers some degree of comparability.

Yes, there is a reserve in tokens that will be used to initially incentivize distributors to offer the product along with the other products in their portfolio to their customers. After that initial period tontinetrust is going to pay these commissions out of the fees they are taking in.

I imagine that to be interesting moments when the retail customer realizes how competitive tontines are compared to the current products.





8  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] [PRE-TOKEN SALE] TontineTrust - The Future of Retirement is Peer to Peer on: November 20, 2017, 03:07:24 PM

That makes sence. So what technologies will you be using for oricals (chain link?) and what about the tech behind biometrics?

Referring to biometrics please see page 22 to 24 of the non-technical whitepaper linked above.

Basically we cannot exclusively rely on biometrics (yet?) and therefor have to use a mix of several identification techniques described there.

9  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] [PRE-TOKEN SALE] TontineTrust - The Future of Retirement is Peer to Peer on: November 20, 2017, 02:44:59 PM
Do you think this will be useful one day? In my country, retired people dont care too much about their money, they are mostly want to spend their time with their family.

Well to be honest tontines are only the second best retirement solution.

The most superior one is a loving and caring family with resources willing to take care of the old generation. But unfortunately many people are not that lucky and are not in that situation. And since we cannot create care-taking families with crypto-technology we resorted to re-creating tontines and bringing them back to the market Wink.

10  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] [PRE-TOKEN SALE] TontineTrust - The Future of Retirement is Peer to Peer on: November 18, 2017, 06:51:30 PM

"The first modern commercially available tontine is headed for the marketplace."

https://seekingalpha.com/article/4125086-presenting-new-retirement-solution-financial-advisors-daily-digest?sht=ozkal3&shu=svx8g

11  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] [PRE-TOKEN SALE] TontineTrust - The Future of Retirement is Peer to Peer on: November 14, 2017, 08:13:46 PM
I take it these tontines can have just Bitcoin as the underlying asset if one so chooses?
Bitcoin's growth combined with the tontine effect would be nice!

Absolutely.

To be honest the fact that I want exactly that for myself is a big part of my motivation to be involved Wink.

Joe

12  Alternate cryptocurrencies / Tokens (Altcoins) / [ANN] [PRE-TOKEN SALE] TontineTrust - The Future of Retirement is Peer to Peer on: November 14, 2017, 07:06:34 PM

[UPDATE: token airdrop is live:
https://blog.tontinetrust.com/tontinetrust-airdrop-campaign-4c5a9d7e02ec]



[update: please note our tontine-style bonus programm for early buyers and holders:
https://blog.tontinetrust.com/the-ton-token-sale-aligning-buyer-incentives-through-holder-bonuses-tontine-style-3908c84e8c15]


TontineTrust is proposing a solution to the current global pension funding crisis

Current centralised pension products such as life annuities deliver low returns mostly caused by the high costs charged by Insurers which act as centralized “guarantors".

TontineTrust is developing a platform which solves the costly central guarantor problem by creating peer-to-peer tontine structures administered by an unbiased, mathematically robust smart-actuary.
 
Our Fully Regulated peer-to-peer tontine issuing ecosystem will deliver:

  • 40%+ greater financial benefits to the hundreds of millions of global consumers spending ~$350BN per year on retirement income solutions,
  • a utility token which incentivizes IFAs, RIAs & Independent Partners & Advisors to take our no-load tontines to the global marketplace, and
  • an un-biased, self-correcting, autonomous smart-actuary which can be trusted to act to in the best interest of the tontine members.


Details about the project can be found on our website

Talk to us in our Telegram group to get the most up-to-date info on the project and upcoming Token Sale

Watch this 2 minute video explaining TontineTrust and Tontines.

Access our Non-Technical Whitepaper here

Join our community on social media





Watch our 2 Minute Explainer Video












Bounty program details to be announced soon.
13  Bitcoin / Bitcoin Discussion / Re: Should we retaliate and spam the Bscash chain? on: November 14, 2017, 05:48:42 PM
Stupid idea really.
14  Bitcoin / Bitcoin Discussion / So we tried out Lightning tonight at ROOM77 on: April 02, 2017, 03:23:02 AM
For many years now we have been accepting Bitcoin (with zero confirmations and directly, not through Bitpay) at our bar/restaurant in Berlin. Today we have deployed a testnet lightning node and accept testnet coins via the lightning network from a few customers to get a glimpse into the future. And that future looks shining bright!

- No more waiting for the customer's transaction being broadcasted, transactions arrive in milliseconds, not seconds (or sometimes minutes in case the customer uses coinbase or another bank wallet).
- No more looking out for double spend attacks. Not even Peter Todd is going to RBF us on LN.
- No more confusion during times of malleabillity attacks. Transaction malleabillity is a thing of the past.
- Massively advanced privacy for us as well as our customers as only we can see the transactions on our payment channel.
- And we will finally be able to offer free-of-cost payments to our customers.

As a merchant I can tell you that every merchant on the planet wants this stuff. It is like after all these years Bitcoin shows that with LN it can live up to its promises in regards to efficiency, speed, irreversibility and privacy no matter how many people will use it.

Thanks to all the developers making this possible!

edit: pics http://imgur.com/a/64iwK

reddit thread: https://www.reddit.com/r/Bitcoin/comments/62uw23/lightning_network_is_working_room77_is_accepting/
15  Bitcoin / Bitcoin Discussion / Re: Bitcoiners: make no mistake! Even though it is very likely that BTU is now going on: March 15, 2017, 03:43:08 AM

U do understand that limiting blocks = centralization of bitcoin and the best attack against bitcoin.

No, quite frankly, I'm not an idiot and I therefor understand the opposite.

16  Bitcoin / Bitcoin Discussion / Re: Bitcoiners: make no mistake! Even though it is very likely that BTU is now going on: March 15, 2017, 02:46:04 AM
Hey that's 330mhash isn't it? 

Oh shit you are right!

That gives me a feeling of power now! Smiley

Gotta find that little thing and deploy it .... Wink.
17  Bitcoin / Bitcoin Discussion / Bitcoiners: make no mistake! Even though it is very likely that BTU is now going on: March 15, 2017, 02:24:12 AM
Bitcoiners: make no mistake! Even though it is very likely that BTU is now going the same way as XT and Classiccoin the re-centralization attempts will not stop.

Bitcoin is a revolutionary approach like never seen before in the history of the world. It is even more disruptive than any revolution seen before as it does not depend on weapons and the beheading of kings but offers an exit from the centralized financial world. It is a truly peaceful revolution that does not need guns and bloodshed and that is not aiming at putting someone else on the throne but burning down the throne altogether instead. Decentralization instead of replacing the central power that is.

Any kind of revolution always triggers a counter-revolution. Re-centralization of the network is the counter-revolution to Bitcoin. In an even more sophisticated way than Xtcoin and Classiccoin BTU is aiming to enable re-centralization of mining, nodes and software development. They even wanted to install a “president” of Bitcoin. No kidding! Smiley

With every wave the counter-revolutionary re-centralization movement is getting louder and stronger. This one has been exceptionally smart in attracting big miners / pools to it by telling them that they can outcompete and eat the smaller ones. But with every wave Bitcoin is getting stronger and more resilient as well and it has given us the ultimate tools to fight off these attacks: actual, factual decentralization and immutablity of the ledger. That is what Bitcoin stands for. No compromise on that, sorry!

And these attacks will never stop. So even if BTU goes down the drain now please be aware that the fight for your own freedom will never end. “Compromise” like it has been suggested a lot in the recent days is not anything the re-centralization movement wants. It wants perpetual war and perpetual infighting and it will do anything it can do to achieve that and that means that the next iteration of the counter-revolution is already at your doorstep.

Freedom is never achieved for good. Freedom is something you loose when you go to bed at night and that you will have to fight back again next morning when you get up.

Keep on hodling! Keep on running your own node! And maybe even get that old 33 Megahash USB-miner out of your memorability-drawer and hook it back up to the network just to make a point! Smiley

18  Bitcoin / Bitcoin Discussion / Re: Bitcoin core developers attack BU? on: March 15, 2017, 01:20:32 AM
It looks like Peter Todd maliciously published information about a bug/exploit that had just been fixed in BU. 

Very possible. 

Now that BU is gaining serious momentum, Core is pulling out all the stops and resorting to dirty tricks.   They are terrified of losing control.


With all due respect my dear your opinion on this sounds insane.

Another fatal bug is being discovered in a fatally flawed codebase and it is somehow the fault of the Bitcoin developers?

Seriously now? Who is "terrified" here now!?

19  Bitcoin / Bitcoin Discussion / Re: BUcoin is officially dead on: March 15, 2017, 01:10:34 AM
OP - I think a better title would be that "Bitcoin Core/Blockstream dev exploits BU nodes, patch quickly released"

This is so funny. It's the fault of the Bitcoin developers now, isn't it!? Smiley

FYI: that bug has been sitting there for over a year. If the BTU takeover would have been successful Bitcoin would be dead now.

Pleeeease can you now go and just do what the usual procedure is for untested ideas and flawed code and just make an altcoin out of it and go away?

Thank you!

20  Economy / Collectibles / Re: asic chip keychains on: February 16, 2017, 11:27:10 PM
I'd be interested in a butterfly one for the laugh.
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