[ANN] TRESTOR - The Most Efficient Money, Payment And Market System In The World

[Trests]

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Trestor Foundation

WORKING TOGETHER, FOR A MISSION

We are a proud team of geeks & hackers. For us, joy of learning supersedes our ego.

Our mission is to create the most efficient Money, Payment and Market system for the world. Trestor is proud to announce there are currently 599 Retail Partners in 63 Countries that support the development of the Trestor Network and Trests. We have created global strategic partnerships, starting from Cameroon and Greece. Trests are the digital token or the unit of store of Value and can be sent/received from anywhere in the world. Our retailers and partners offer the ability to serve as local Trestor locations, where people can go to a store and purchase Trests from trusted Retail Partners. Trestor is a registered legal entity Headquartered in Toronto, Canada with a Team of Full-time Developers and Business Professionals.

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Trestor Network

Mobile and chrome app Global payment rail network Custom protocol and distributed ledger Trustless cryptocurrency Asymmetric Proof of stake(aPOS) powered consensus through voting Fast confirmation times: ~ 10 sec (average) Secure cryptocurrency using EdDSA Global network of Trestor nodes manage the distributed ledger Custom consensus algorithm Protected against backdoors, Sybil attacks, and Double Spends

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Download our App
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iOS app will soon be available on the App Store. Advanced users can download the pre-release version. For any app related query, send us an email at app@trestor.org. Apps for other platforms are being developed and will be released soon.

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Trests Distribution

Trests are managed and distributed by the Trestor Foundation and the following rules apply: Fixed supply of Trests of 100 billion Trests initially sold at $0.01 US Available to Trestor Partners and Trest users Send/Receive through mobile app and web account anywhere in the world

No mining
No crowdsale/IPO

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Asymmetric Proof of stake(aPOS)

How does it work:

1. Trestor will select and give out 100 million Trest each (deposit account) to university interested in     running Trestor validator node 2. University with provable history of following points can apply     - IT access and security controls     - Computer science/cryptography research     - Socio-economic research     - Democratic decision making 3. Universities as validators creates a huge economic asymmetry for the attacker 4. Trestor will help shift the global Monetary policy center from “Central banks” to “Universities” 5. 2% trests can be unlocked from their deposit account every year by the universities to fund its     research projects

Global cryptocurrency and remittance platform

Mobile and Web accessible Fast Confirmation Times Global Ledger managed by Trestor Nodes In-House developed Consensus Protocol Use of EdDSA for Signatures across entire network = no backdoors Fixed Supply of Trests Proof of Work protects against network spam Protection against Sybil Attacks: deposit accounts must have aged coins Protection against Double Spends: voting agrees on the same ledger requires 80% of nodes

Strength of Network

Trestor Foundation has developed the first EdDSA cryptocurrency and blockchain - secure against backdoors and with fast confirmation times.

Advantages

Trests are backed by a global network of Retail Partners that provide easy access and local exchange for users around the world. The Trestor Blockchain and Cryptocurrency was built around EdDSA - a next generation digital signature algorithm that is protected against backdoors.   The combined effect gives a high degree of accessibility and uncompromising security at every level of the network.

Services

Trestor services are global. Any new and existing members of the community can go to any Trest location around the world to purchase or redeem Trests for local currency. Also, Trests are ideal for sending money to friends and family around the world because of the global network of Retail Partners we've established.

Zero Transaction Fees

Sending Trests will be the same amount as receiving Trests. New and existing users can go to any Retail Partner location and get Trests to send to another country. The receiver can then go to their local Retail Partner and exchange for local currency with zero transactions fees and no hidden costs.

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Trestor Team

	Boardroom Meeting https://i.imgur.com/qxAqylj.jpg	Deskside Meeting https://i.imgur.com/9DM2DRt.jpg
	Birthday Party https://i.imgur.com/XFCSNfO.jpg	The Tech Team https://i.imgur.com/9R6HgEN.jpg
	The Office in Toronto https://i.imgur.com/XDE7NFU.jpg	The Office in India https://i.imgur.com/5t5SgLu.jpg

Trestor in the News

Millennium Post - July 13, 2015 Indian startup sets up crypto-currency platform for Greeks CNBC Money Control - July 13, 2015 Indian startup sets up crypto-currency platform for Greeks Business Standard - July 12,2105 Indian startup sets up crypto-currency platform for Greeks DNA India - July 12, 2015 Indian startup sets up crypto-currency platform for Greeks PTI India - July 12, 2015 Indian startup sets up crypto-currency platform The Economic Times - July 12, 2015 Indian startup sets up crypto-currency platform for Greeks Cointelegraph - July 4, 2015 Trestor's €2,000 Crypto Loans Could Beat Bitcoin at Aiding Greece Yahoo! Finance Singapore - July 2, 2015 Greece investors cash in amidst capital controls Boston Globe - July 2, 2015 Greece investors cash in amidst capital controls Seeking Alpha - July 2, 2015 Greece investors cash in amidst capital controls Bitcoinist.net - June 21, 2015 Trestor Partners with Cameroon for New Currency Ecosystem Yahoo! Finance India - June 19, 2015 Indian startup partners with Cameroon for money transfer last mile services Business Standard - June 19, 2015 Indian startup partners with Cameroon for money transfer last mile services CoinTelegraph - February 11, 2015 ‘90% of All the Cryptocurrencies Today Should Cease to Exist Within the Next 24 months’ The Financial Express - February 2, 2015 Indian entrepreneur Kunal Dixit launches new currency ecosystem The Huffington Post - February 2, 2015 Indian Hawkers To Market Online Currency That Could Rival Bitcoin The Times of India - February 2, 2015 Chaiwalas, golgappewalas to market digital currency in India Times Pro - December 16, 2014 Bitcoins And Other Digital Currency In India The Paypers - December 15, 2014 Trestor Foundation to launch crypto-clad digital currency in India The Indian Express - December 11, 2014 Trestor to bring Bitcoin-like digital currency in India

Get in Touch

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TRESTOR.ORG

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[1714517098]

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[1714517098]

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[1714517098]

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[1714517098]

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[1714517098]

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[jwinterm]

A proud team that doesn't disclose the name of any of its members?

Nevermind, clicked through to trestor.org. Still looks like a money grab. Good luck grabbing some money

[Ecnad]

So... every time you get called out as a scam, you just go away for a few months, then come back with a new account and act like this is new?

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

[canth]

Seriously...and I wanted to like you guys. Fuck off with your retarded attempt at a $1bn valuation (100b * $0.01 sale price). There is no way that you do anything besides screw the suckers that buy into that.

[chokho]

A proud team that doesn't disclose the name of any of its members?

Nevermind, clicked through to trestor.org. Still looks like a money grab. Good luck grabbing some money

Here is the team: trestor.org/about

So... every time you get called out as a scam, you just go away for a few months, then come back with a new account and act like this is new?

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

Trestor seems to have actively responding to the questions on various threads.

[Trests]

A proud team that doesn't disclose the name of any of its members?

Nevermind, clicked through to trestor.org. Still looks like a money grab. Good luck grabbing some money

So... every time you get called out as a scam, you just go away for a few months, then come back with a new account and act like this is new?

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

Thanks for the warm welcome.  

We are very open, you can see our team on our website, we have three offices and 599 retail partners around the world.
We have been around for two years already and counting. We are building new partnerships everyday.

The new account is to reflect the Token name "Trests" as we are in the altcoins subforum.

Feel free to ask away.  

[Trests]

Seriously...and I wanted to like you guys. Fuck off with your retarded attempt at a $1bn valuation (100b * $0.01 sale price). There is no way that you do anything besides screw the suckers that buy into that.

We didn't have an ICO and we are not planning to have one either.
Compared to other altcoins in the space it's probably a better start.

Nobody is obliged to purchase Trests, however we do get a lot of interest and our Retail Partners are happy to work with us.
That is the best feedback we can get.

Our customers are able to transfer value from one country to another with 0 transaction fees from the palm of their hands through our Android app.
We will soon be releasing a Chrome based app for desktop users too.

Watch this space some more great news are in the pipeline.

 

[Trests]

https://i.imgur.com/JR2Iytl.png

Find out more about it here.

Click here to view Retail Partners in Greece.

[canth]

Seriously...and I wanted to like you guys. Fuck off with your retarded attempt at a $1bn valuation (100b * $0.01 sale price). There is no way that you do anything besides screw the suckers that buy into that.

We din't have an ICO and we are not planning to have one either.
Compared to other altcoins in the space it's probably a better start.

No, it's not an initial coin offering - it's a post coin offering at a terrible price. If I buy Trests @ $0.01 ea, can you recommend a vendor that will buy them back from me at a similar price?

Nobody is obliged to purchase Trests, however we do get a lot of interest and our Retail Partners are happy to work with us.
That is the best feedback we can get.

Our customers are able to transfer value from one country to another with 0 transaction fees from the palm of their hands through our Android app.

We can already transfer value one country to another with a fluctuating price token. It's called Bitcoin. Or Litecoin. Or Doge. Or....

[2bacco]

A real world company here

there are currently 599 Retail Partners in 63 Countries that support the development of the Trestor Network and Trests.

[coinking]

I like the transparency. This team has taken a lot of grief but have actually addressed concerns brought up on other threads. It will be interesting to see how the price reacts over time. Good luck guys!

[canth]

I like the transparency. This team has taken a lot of grief but have actually addressed concerns brought up on other threads. It will be interesting to see how the price reacts over time. Good luck guys!

Really? Seeing Trests bought at $0.01 ea only to have them worth $0.000001 a few seconds afterward is going to be tragically hilarious, unless you find lighting your money on fire interesting.

[chokho]

Really? Seeing Trests bought at $0.01 ea only to have them worth $0.000001 a few seconds afterward is going to be tragically hilarious, unless you find lighting your money on fire interesting.

We have seen other cryptocurrency IPOs where similar things have happened, so this was too obvious to not miss.

To keep the market stable and healthy, Trestor Foundation also participates in it.

[Trests]

No, it's not an initial coin offering - it's a post coin offering at a terrible price. If I buy Trests @ $0.01 ea, can you recommend a vendor that will buy them back from me at a similar price?

Our Retail Partners allow you to buy and sell Trests in locations all over the world.

We can already transfer value one country to another with a fluctuating price token. It's called Bitcoin. Or Litecoin. Or Doge. Or....

With Trests there are no transaction fees, all the coins you mentioned do have transaction fees. Transactions take an average of 10 seconds to confirm, which is also a +.
Furthermore, with Trestor there is no mining required to protect the network which is a big waste of energy, and possibly unsustainable.

[canth]

Our Retail Partners allow you to buy and sell Trests in locations all over the world.

Please provide one example of a retail partner that advertises their prices on their website, transparently.

With Trests there are no transaction fees, all the coins you mentioned do have transaction fees. Transactions take an average of 10 seconds to confirm, which is also a +.
Furthermore, with Trestor there is no mining required to protect the network which is a big waste of energy, and possibly unsustainable.

There are no transaction fees because there is no security in ensuring that the digital ledger stays the same. What would you do if law enforcement told you to reverse a transaction since 'terrorists' owned trests and were using them?

When you skip that big waste of energy you refer to, there are tradeoffs. I'll pass thanks.

[stv]

This is Stephan, protocol designer at Trestor.

There are no transaction fees because there is no security in ensuring that the digital ledger stays the same. What would you do if law enforcement told you to reverse a transaction since 'terrorists' owned trests and were using them?

When you skip that big waste of energy you refer to, there are tradeoffs. I'll pass thanks.

In our protocol, a large majority of Validator nodes is required to agree in order to change the ledger. A law enforcement agency or any other powerful entity would be required to either force a lot of node operators from various jurisdictions to cooperate, or to set up a large number of their own nodes (which would require a large amount of deposits and will not stay undetected).

Trestor does not require fees, because running a Validator node does not require nearly as many resources as running a Bitcoin miner. The idea is, that these nodes are voluntarily run by enthusiasts and organizations (e.g. universities), like we all know it for Tor nodes. The incentives to run a node are of course very different from the incentives why people mine Bitcoins, but that does not change anything about the fact that they are run in a decentralized way by a variety of parties from different jurisdictions.

The hardest problem is to bootstrap the whole network. In the beginning, when the number of Validator nodes is small, the deposit required to run a node has to be set high in order to effectively secure the network. Our plan to get the network started is that the Trestor Foundation will provide organizations, which are willing to run a node, with the required deposit amount.

A reward-based proof-of-stake system is very hard to secure, because there is no way to prevent stake-owners to sign multiple conflicting ledgers with their stake. Some even say that reward-based proof-of-stake systems are completely impossible. We are not doing anything like that. In our system, fees would make no sense, because there is no competition among Validator nodes like we know it from miners. Who is supposed to get the fees, after a majority agreed on a new ledger update?

[CryptoRev]

Wouldn't comment on their tech because i haven't studied their Tech draft or white paper yet. But i surely appreciate the way the have been persistent with explaining themselves to their critics. Will comment more after go through their white paper.

[starsoccer9]

Our Retail Partners allow you to buy and sell Trests in locations all over the world.

Please provide one example of a retail partner that advertises their prices on their website, transparently.

With Trests there are no transaction fees, all the coins you mentioned do have transaction fees. Transactions take an average of 10 seconds to confirm, which is also a +.
Furthermore, with Trestor there is no mining required to protect the network which is a big waste of energy, and possibly unsustainable.

There are no transaction fees because there is no security in ensuring that the digital ledger stays the same. What would you do if law enforcement told you to reverse a transaction since 'terrorists' owned trests and were using them?

When you skip that big waste of energy you refer to, there are tradeoffs. I'll pass thanks.

I think you are misunderstanding how trestor works exactly. Since anyone can run a node, a transaction cant simply be reversed without the majority of the network agreeing on it

[Kunal]

Hello Community Members,

I work at Trestor, look forward to engaging and meaningful conversations about Trestor project here.

Kunal Dixit
Founder
Trestor Foundation

[Trests]

https://i.imgur.com/5rpdR9w.jpg

Trestor's €2,000 Crypto Loans Could Beat Bitcoin at Aiding Greece

“One of our investors convinced his pharmacist to accept trests because the pharmacy declined to accept his credit card.
Another person was able to get his gas filled with trests in a cash-only gas station.
This third one is pretty unusual: a guy was able to negotiate '12 eggs and a loaf of bread' for 440 trests.”

— Kunal Dixit, founder of Trestor

https://i.imgur.com/i4wkxnw.jpg

Read the article on CoinTelegraph.