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Author Topic: TorCoin? Secure and grow the Tor network by rewarding relays and exit nodes?  (Read 7120 times)
Time (OP)
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May 29, 2013, 07:05:57 AM
 #1

Is this possible?
Someone please build it if it is possible!

http://www.reddit.com/r/Bitcoin/comments/1f97um/what_about_a_torcoin_that_would_help_secure_and/
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May 29, 2013, 07:11:09 AM
 #2

I saw a video on YT regarding something similar to this but the speaker (whom I think was a Tor dev) mentioned it having it's negative effects. In the video however the reward was increased bandwidth or something like that for providing the faster connection. However, I think there's no need for a TorCoin they should just use BitCoin instead.
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June 05, 2014, 10:01:03 AM
 #3

There's now a whitepaper for this one. Link>>https://t.co/NUmhim8vKy
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June 05, 2014, 10:08:22 AM
 #4

There's now a whitepaper for this one. Link>>https://t.co/NUmhim8vKy

Yeah I'm not clicking on links that look like that, thank you.
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June 05, 2014, 10:09:10 AM
 #5


This does seem really interesting. Hope someone with more brains can figure out a way to make it work.
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June 05, 2014, 11:11:58 AM
 #6

I'd support it but I already have 8 exit nodes for the tor relay for free  Grin

I'd be happy to shove more nodes on it if I got paid or even donations


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June 05, 2014, 11:41:37 AM
 #7

Nice idea actually.

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June 05, 2014, 12:10:59 PM
 #8

I saw a video on YT regarding something similar to this but the speaker (whom I think was a Tor dev) mentioned it having it's negative effects. In the video however the reward was increased bandwidth or something like that for providing the faster connection. However, I think there's no need for a TorCoin they should just use BitCoin instead.


Wrong, no one on their right mind would use BitCoin if they wanted full anonimity (anyone on Tor wants full anonimity). They just should use Monero, which is already working with i2p.

Joe_Bauers
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June 05, 2014, 01:44:46 PM
 #9

I proposed this idea over a year ago as part of the sciencecoin initiative. The main problem is, if there was ever a bug or other issue with torcoin, it could leak over into causing a problem overall for Tor.
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June 06, 2014, 06:19:45 PM
 #10

TorCoin: Making Anonymity Pay

This is really cool. Incentivize the operation of TOR nodes by allowing exit nodes to mine Torcoins, which can be sold on the open market. Still seems to be in the conceptual stage, but exciting stuff.

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June 10, 2014, 01:42:24 AM
 #11

I'd support it but I already have 8 exit nodes for the tor relay for free  Grin

I'd be happy to shove more nodes on it if I got paid or even donations



Have you ever encountered suspicious/malicious behaviour through your exit nodes?
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June 10, 2014, 02:03:24 AM
 #12

WP: http://dedis.cs.yale.edu/dissent/papers/hotpets14-torpath.pdf
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June 10, 2014, 03:54:51 AM
 #13

Is there any thread to track Torcoin status?
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June 10, 2014, 05:09:27 AM
 #14

I saw a video on YT regarding something similar to this but the speaker (whom I think was a Tor dev) mentioned it having it's negative effects. In the video however the reward was increased bandwidth or something like that for providing the faster connection. However, I think there's no need for a TorCoin they should just use BitCoin instead.


Wrong, no one on their right mind would use BitCoin if they wanted full anonimity (anyone on Tor wants full anonimity). They just should use Monero, which is already working with i2p.
Agree with this, Monero is already up and live and going strong!
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June 10, 2014, 08:54:13 AM
 #15


I see two big problem in it :

 - People cheating the system by oversending crap data through themselves.

 - The value of TorCoin going so low that there is no incentive to run a node (that could be caused by cheaters dumping).
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