Trestor is now a Government of India Recognized Startup (DIPP-1098)
No it isnt. Trestor is enrolled in an incubator recognized by GoI.
Its really shameful of STEP or THAPAR university incubator, whoever wrote that recommendation letter in this form for you because they did not do due diligence of understanding cryptocurrencies and the scams associated with it.
I didn't know that this thread was still active, I had lost hope. Thanks manav and ranvijay for bringing in some rationality.
Please don't be passive aggressive. Makes you look more scammy.
I read it again and it contains all of the same flaws, (thanks for wasting everyone's time??) namely,
i. All coins are still produced by trestor out of thin air and audaciously at a value equal to 1 rupee by default without any backing or asking value!
ii. All transactions are still controlled by trestor because there is no way to know if validators are not trestor people themselves.
iii. Even after such critical flaws, & even if majority of validators are trusted, the coins manages to remain centralized. Refer to the validator bootstrapping process.
Given the data in this thread, it proves that Trestor is a legitimate startup. Also, the allegations put on Trestor are baseless.
Please point out the data.I'm here to answer genuine questions once the title is fixed.
The title was magically fixed just a couple of days ago I guess, even before you made this post! I am a skeptic.
Nobody owes you anything, onus is on you to prove that you are not fraud.
In fact you should be thankful that critics took time to review your code and whitepaper & gave you chance to rectify & improve.. but I guess your system was perfect since the very first launch, something even bitcoin couldn't do! Congratulations.
OR you could continue your strategy of working on things offline, but how long do you think its going to scale?
Only kunal said things that were technically false till now & now you have joined as well.
My fear is that when this bursts, you might get all cryptocurrency space in India regulated or banned.