TorCoin: a new possibility for anonymity

[mynhpark]

TorCoin is an anonymous cryptocurrency launched 10 days ago. It utilizes the X11 Proof-Of-Work consensus to allow miners to power the network of TorCoin. TorCoin is fully integrated with the TOR network. TOR is a decentralized, open-source network that enables people throughout the world to use the Internet anonymously by routing IP address information through multiple nodes on the network. TOR helps users defend against traffic analysis, a form of network surveillance which threatens personal freedom and privacy, confidential business activities and relationships, and even national security.

TorCoin offers several important features that Bitcoin does not. First, TorCoin rewards people for running a TOR node. Whereas Bitcoin transactions are completely traceable, TorCoin enables you to send coins anonymously. There is never any need to 'mix' or 'anonymize' your TorCoins - they are anonymous by default. TOR is fully integrated with TorCoin, which means that a snoop or attacker watching your internet connection will not know if you are using TorCoin - and other TorCoin users cannot determine the physical location of your Torcoin node. TorCoin also offers encrypted end-to-end messaging between TorCoin users.

It is currently listed on Coinmarketcap:

https://coinmarketcap.com/currencies/torcoin-tor/

What are your thoughts on TorCoin, would you use it in addition to Monero?

[MirkoIta]

There are already a ton of altcoins and also bitcoin wallets integrated with TOR network so I don't think this TORCOIN add anything more to that. I wouldn't use it at all to be honest.

[robelneo]

I agree that there are already a lot of wallet with tor features but this one is very much dedicated to tor ideas honestly I missed this coin and have not drop a comment or review of this coin,but will do it now to see what sets this aprt from wallet with build in tor.

[Kanine Awe]

Yeah I don't see the appeal of this coin over a ton of coins who already do this. Seems to offer very few new features, but will definitely look deeper into thanks for alerting me to it.

[jd8511]

is anonymity really so important?

[thinkgeek]

apparently so .. look at ethereums rise

Yeah I don't see the appeal of this coin over a ton of coins who already do this. Seems to offer very few new features, but will definitely look deeper into thanks for alerting me to it.

please list them

[klarki]

Is the idea new?
This was in other coins.
The developers decided to make a profit on someone else's name.

[tiggytomb]

This isn't anything new and has been a selling point for many coins but I suppose for a coin named tor it makes sense for them to add it.

[Jumanji7]

There is nothing special with Torcoin as there are already many coins with tor that were launched years ago.

[pterodactyl]

Yeah I don't see the appeal of this coin over a ton of coins who already do this. Seems to offer very few new features, but will definitely look deeper into thanks for alerting me to it.

With TorCoin you are running a full Tor Node. This helps the Tor Network. The more nodes connected the better for the Tor Network. No other coin does this.

[ArdiPrabowo]

not only Torcoin about anonymous
all cryptocurency, bitcoin and altcoin payment system still anounymous without veryfied ID

[Fredomago]

not only Torcoin about anonymous
all cryptocurency, bitcoin and altcoin payment system still anounymous without veryfied ID

logically right most of the time are created to be anonymous as bitcoin as well so there's no special regarding to this coin
they are just using the TOR name to attract members of this forum to buy and support their new project.

[The Sceptical Chymist]

There are already a ton of altcoins and also bitcoin wallets integrated with TOR network so I don't think this TORCOIN add anything more to that. I wouldn't use it at all to be honest.

This is what I'm reading:  "Blah blah blah blah blah, another fucking shitcoin comes to market."

Does that about sum it up?  Can't you use any one of the thousands of coins no one is ever going to trace?  Come on, you can call it whatever you want with whatever gimmick is trendy, but it's another unnecessary shitcoin.  Period.  It's designed to make its developers money, and designed to suck money out of the pockets of ignorant fools.  Have at it.  You deserve it.

[FlamingFingers]

I don't know why people are saying that there are many coins offering what TorCoin is offering. I haven't seen any coin offering this:

There is never any need to 'mix' or 'anonymize' your TorCoins - they are anonymous by default. TOR is fully integrated with TorCoin, which means that a snoop or attacker watching your internet connection will not know if you are using TorCoin - and other TorCoin users cannot determine the physical location of your Torcoin node. TorCoin also offers encrypted end-to-end messaging between TorCoin users.

I am not promoting this coin or anything, and I am not even sure about if it's real or a money-grabbing scam, but I can stand repetitive mistakes. Coins like Zcash, MaidSafe, Monero, etc. offer anonymity, but not like this one.

[CuriousGeorge]

I don't know why people are saying that there are many coins offering what TorCoin is offering. I haven't seen any coin offering this:

There is never any need to 'mix' or 'anonymize' your TorCoins - they are anonymous by default. TOR is fully integrated with TorCoin, which means that a snoop or attacker watching your internet connection will not know if you are using TorCoin - and other TorCoin users cannot determine the physical location of your Torcoin node. TorCoin also offers encrypted end-to-end messaging between TorCoin users.

I am not promoting this coin or anything, and I am not even sure about if it's real or a money-grabbing scam, but I can stand repetitive mistakes. Coins like Zcash, MaidSafe, Monero, etc. offer anonymity, but not like this one.

just some little change to the feature doesn't make the coins new based on its function, it's basically the same, why switching off to the uncertain coin if there's  already exist certain ones

[pterodactyl]

I don't know why people are saying that there are many coins offering what TorCoin is offering. I haven't seen any coin offering this:

There is never any need to 'mix' or 'anonymize' your TorCoins - they are anonymous by default. TOR is fully integrated with TorCoin, which means that a snoop or attacker watching your internet connection will not know if you are using TorCoin - and other TorCoin users cannot determine the physical location of your Torcoin node. TorCoin also offers encrypted end-to-end messaging between TorCoin users.

I am not promoting this coin or anything, and I am not even sure about if it's real or a money-grabbing scam, but I can stand repetitive mistakes. Coins like Zcash, MaidSafe, Monero, etc. offer anonymity, but not like this one.

just some little change to the feature doesn't make the coins new based on its function, it's basically the same, why switching off to the uncertain coin if there's  already exist certain ones

You switch because this coin is only $3 right now and it's going to be $20 this summer.

[xuan87]

It's an interesting project however we already had a similar coin, but if you know how to manage and attract more user then this coin can be famous, zcash is also offered the same feature, it just a shame that it didn't succeed at the market, hopefully this coin can do better than zcash

[badenglishtea]

SCAM people.

AVOID, AVOID, AVOID.

Do not buy TORCOIN unless you want to lose money.

1. 'Dev' premined 10% of total supply. The rest is POW. If the 'dev' was serious, they would do full POW, and buy mining power towards it with fair announcement.
2. 'Dev' has not revealed anything about their identity/credentials.

3. This is the crazy part. The 'dev' has actually posted on the TorCoin forums that he will pay a real 'dev' a small percentage of the premine to do actual dev on the coin.

4. Coin does not offer anything new. No new features. No community. No innovation.
5. No roadmap.

Don't buy this crypto. Buy Monero, PIVX, even Dash (I hate Dash) etc. PIVX even has TOR nodes. if you are interested in investing in privacy/anonymous focused crypto.

Oh, and they advertise on CoinMarketCap with banners. The only cryptos that do that without self-funding marketing mechanisms are SCAMS.

[Russlenat]

SCAM people.

AVOID, AVOID, AVOID.

Do not buy TORCOIN unless you want to lose money.

1. 'Dev' premined 10% of total supply. The rest is POW. If the 'dev' was serious, they would do full POW, and buy mining power towards it with fair announcement.
2. 'Dev' has not revealed anything about their identity/credentials.

3. This is the crazy part. The 'dev' has actually posted on the TorCoin forums that he will pay a real 'dev' a small percentage of the premine to do actual dev on the coin.

4. Coin does not offer anything new. No new features. No community. No innovation.
5. No roadmap.

Don't buy this crypto. Buy Monero, PIVX, even Dash (I hate Dash) etc. PIVX even has TOR nodes. if you are interested in investing in privacy/anonymous focused crypto.

Oh, and they advertise on CoinMarketCap with banners. The only cryptos that do that without self-funding marketing mechanisms are SCAMS.

thank for this info...
why do this people always do scam!
they are evil...

[pterodactyl]

4. Coin does not offer anything new. No new features. No community. No innovation.

Everything you said is nonsense but this has been pointed out as demonstrably false a bunch of times in this thread. Let me ask you, which other coin actually helps the Tor Network by having the wallet run a Tor node?