Titus Coin is live!
Also Testnet is up and a Testnet Faucet is also up.
https://tituscoin.comWhat is Titus CoinTitus Coin is a cryptocurrency with a vision to become an App based, asset backed, global payment solution on improved BitCoin blockchain technology.
What problems does the Titus Coin solve?Titus Coin solves the problem of slow transaction speeds and conversion to fiat currency
Titus Coin solves the problem of significant price fluctuations
Titus Coin solves the problem of simplicity to use
Titus Coin solves the problem of merchant awareness and adaptation
The Titus Coin white paper is available at
www.tituscoin.comHow does Titus Coin WorkTitus Coin utilizes its own refined proprietary blockchain technology to offer a high speed of execution of transactions so that it can be used both in-store and online.
The merchant can decide whether to hold Titus Coins or convert to fiat currency at the time of the transaction.
The value of the coin is asset backed thus reducing price volatility with an independent Swedish regulated body managing any large fluctuations.
A simple app based system makes it easy for both the customer and merchant to use it.
An army of Titus ambassadors, who have paid to participate in future profits, are signing up merchants to accept Titus Coin. On October 14th, over 1,700 Titus Ambassadors were operating in 44 countries and growing continuously.
Technical StuffMining goals: 24*60/2.5 = 576 block per day.
We reduce the block-mining-reward with approximant 7.1% every 210240 blocks, so that’s
approximant once per year.
The initial goal is 9 coins per block in mining-reward after the premine-period.
The TitanNodes initial takes 20% of the block-reward but is over time raised to 50%
if(nHeight > nMNPIBlock) ret += blockValue / 20; // 47979 - 25.0%
if(nHeight > nMNPIBlock+(nMNPIPeriod* 1)) ret += blockValue / 20; // 82539 - 30.0%
if(nHeight > nMNPIBlock+(nMNPIPeriod* 2)) ret += blockValue / 20; // 117099 - 35.0%
if(nHeight > nMNPIBlock+(nMNPIPeriod* 3)) ret += blockValue / 40; // 151659 - 37.5%
if(nHeight > nMNPIBlock+(nMNPIPeriod* 4)) ret += blockValue / 40; // 186219 - 40.0%
if(nHeight > nMNPIBlock+(nMNPIPeriod* 5)) ret += blockValue / 40; // 220779 - 42.5%
if(nHeight > nMNPIBlock+(nMNPIPeriod* 6)) ret += blockValue / 40; // 255339 - 45.0%
if(nHeight > nMNPIBlock+(nMNPIPeriod* 7)) ret += blockValue / 40; // 289899 - 47.5%
if(nHeight > nMNPIBlock+(nMNPIPeriod* 9)) ret += blockValue / 40; // 324459 - 50.0%
This means that the TitanNodes takes 50% after approximately 1.5 year, and after that it will be on 50% forever.
10% of the mining-reward is allocated to a developer budget in the blockchain. These 10%
will be deducted before the TitanNodes and the miners get their reward.
So the TitanNodes payout will be COIN_REWARD*0.9*0.5 when the master nodes get to
50% payout.
Same for the miner reward.
The developer budget will start as soon as the premine is done.
Titus Coin is open source and the project will be posted on
https://www.github.com/tituscoin right after the ICO is done and the project is live.
Units1 TTS = 1 TTS
0.001 TTS = 1 mTTS = "millititus"
0.000001 TTS = 1 µTTS = "microtitus"
0.00000001 TTS = 100000000th TTS = 1 Hugo
PortsMain Net:
port – 9876
rpcport – 9875
Test Net:
port – 19876
rpcport – 19875
Reg Test:
port – 19994
rpcport – 19993
www.tituscoin.com
Telegram: https://t.me/tituscoin
Facebook: https://facebook.com/tituscoin
Titus Coin: A new way to payPress releases:https://www.mynewsdesk.com/mt/titus-invest-ltd/pressreleases/swedish-webgallerian-dot-se-embrases-the-digital-currency-titus-coin-2211230https://www.mynewsdesk.com/mt/titus-invest-ltd/pressreleases/titus-coin-a-new-way-to-pay-initial-coin-offering-2209602https://www.mynewsdesk.com/mt/titus-invest-ltd/news/merchants-line-up-to-accept-new-crypto-currency-titus-coin-as-payment-267170EDIT:
We are not Wave or Eth based. We are Bitcoin-based.
Here is a radio show with CryptoRho from Freedomslips.com (Revolution Radio).
Titus Coin CTO Robert and Head of Game Developer Zhap are guests at the show.
https://www.youtube.com/watch?v=AXZBiIBc9ko&feature=youtu.beWe explained better in here, so if you don't want to read the WT but listen check it out!