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Author Topic: Mining “Proof of Transaction” crypto - TAUcoin  (Read 296 times)
imorpheus (OP)
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TAUCoin - fast, fair and secure


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September 15, 2018, 08:12:10 AM
 #1

Competition in crypto mining is viewed as cause of transaction cost increasing and energy waste. When more users and transactions happenning, ming cost is higher for marginal transaction.
Taucoin, https://bitcointalk.org/index.php?topic=4757879.0, has built a mining algorithm to resolve above issue by removing energy to solve puzzles and making more transactions with less energy. In nutshell, users on-chain delegate mining power to club leaders. Club leader run full nodes to verify transactions, the more transaction fee and number a club leader processed, the high probability to generate next block, and users collectively receive more rewards.
A debate bounty on this new consensu is https://bitcointalk.org/index.php?topic=4907712.0
45 Days after testnet is on, 4 independent permissionless nodes appeared and are running to collect reward from 8000 wallet users and 200,000 transactions.
Welcome discussion and join us for being environmental clean miners. 

iMorpheus@TAU, an experimental non-ICO community coin built on Proof of Transaction consensus.

YMaverik
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September 16, 2018, 07:59:16 AM
 #2

Competition in crypto mining is viewed as cause of transaction cost increasing and energy waste. When more users and transactions happenning, ming cost is higher for marginal transaction.
Taucoin, https://bitcointalk.org/index.php?topic=4757879.0, has built a mining algorithm to resolve above issue by removing energy to solve puzzles and making more transactions with less energy. In nutshell, users on-chain delegate mining power to club leaders. Club leader run full nodes to verify transactions, the more transaction fee and number a club leader processed, the high probability to generate next block, and users collectively receive more rewards.
A debate bounty on this new consensu is https://bitcointalk.org/index.php?topic=4907712.0
45 Days after testnet is on, 4 independent permissionless nodes appeared and are running to collect reward from 8000 wallet users and 200,000 transactions.
Welcome discussion and join us for being environmental clean miners. 

iMorpheus@TAU, an experimental non-ICO community coin built on Proof of Transaction consensus.

how to mine this coin? got a manual?
bobthegrownup
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September 17, 2018, 04:02:10 AM
 #3

how to mine this coin? got a manual?

Hello -- you can find the manual here and the discussion group will help you with any of your mining issues.

Right now there is a bonus for the first 11 miners. 8 more slots left!

https://t.me/joinchat/ID4hShB8tUxBMpzRwGZuYg
anhthinhzz
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September 17, 2018, 04:55:28 AM
 #4

Are there any specific instructions? I would like to participate in exploiting it
imorpheus (OP)
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TAUCoin - fast, fair and secure


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September 17, 2018, 05:22:00 AM
Last edit: November 12, 2018, 01:03:51 PM by imorpheus
 #5

Are there any specific instructions? I would like to participate in exploiting it
https://github.com/Tau-Coin/taucoin/blob/developer/docs/how-to-be-a-miner-leader.md

johnleo
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November 12, 2018, 10:57:45 AM
 #6

Telegram link expired then reddit post was removed by moderator. Is there another source for mining this coin? Looks like you already have huge users and it make me interested.
imorpheus (OP)
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TAUCoin - fast, fair and secure


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November 12, 2018, 01:03:21 PM
 #7

https://github.com/Tau-Coin/taucoin/blob/developer/docs/how-to-be-a-miner-leader.md


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