@ilovebitcoins please follow this thread:
https://bitcointalk.org/index.php?topic=1920826.0Torcoin is having accusation of not fulfilling the Essene for what they are built.
NOTICE :Users of this forum should know the following;
(1) "Torcoin" has
nothing whatsoever to do with the real Tor Project Inc.
In fact, the official Tor Project Inc has already publicly issued a warning regarding "Torcoin"
-
https://twitter.com/torproject/status/857297306571481088"@torproject Apr 26
Warning: @TheTorCoin is using our name and logo deceptively and without permission/approval. Their service is not endorsed by Tor."Anyone reading this should also see:
https://www.torproject.org/docs/trademark-faq.html"Tor" and the "Onion Logo" are registered trademarks of The Tor Project, Inc.(2) "Torcoin" is making 'false' claims in regards to their current (and only) software release: Version 1.0.0
(a) Despite claiming that;
"Torcoin is fully integrated with the Tor project network", the current wallet software is
not automatically running over the real Tor® network and therefore exposes the users real IP address on clearnet!
Note that almost any crypto-coin on this forum can be run over the real Tor® network by configuring the proxy settings to use a Tor® daemon as a SOCKS proxy.
(b)
"Torcoin is 100% Anonymous, unlike Bitcoin. Send & Receive payments with full privacy" - Note that "Stealth" addresses are not fully anonymous, in comparison to other anonymity technologies.
(c)
"By running TorCoin, you are increasing the number of nodes on the TOR network, and thereby helping people across the world remain anonymous." Again, this claim is currently false.
Torcoin's existing wallet release does
not run a real Tor® network node (Relay or Exit node) when the wallet is started. "Torcoin" software is therefore
not currently able to reward actual Tor® network nodes operators, as they have also claimed.
...
As someone who has hosted real Tor® software Relay and Exit nodes for more than 10 years (and have also been using Bitcoin since the year dot), I feel obliged to make the above facts known.
~ Running genuine Tor® software nodes remains a thankless and mostly unrewarded task that I choose to undertake, as I believe in the right to privacy etc.,
Furthermore, the real Tor Project Inc has long considered trying to enable said incentive mechanism's for real relay and exit node operators and various research papers have already been published;
See:
https://blog.torproject.org/blog/tor-incentives-research-roundup-goldstar-par-braids-lira-tears-and-torcoinNote that the TorCoin paper mentioned is not the "TorCoin" of this forum thread!...
Whilst the continuing development concept for a "TorCoin" maybe somewhat feasible - I fail to see how you can remedy the above situation.
If the ICO went scam then participants here who has tor token will be scammed too..And indirectly you are aiding it.