[ANN] TAU:The Active Unit | The First Proof-Of-Transaction Coin [POT]

[imorpheus]

Who is on the team, what are their backgrounds & credentials, and do they have any public track records? Where are you physically based out of? How many tokens will be owned by the foundation & founders? Is there a vesting schedule?

Thanks. You have very valid questions. We choose to open source, open data and open content on all of our work. However, a portion of team is in the region legally uneasy about cryto currency, to ensure project progressing, we can not release full team profile. Four of the team resume is shown with solid background content. For coins allocation, please check our coins allocation on the whitepaper and web. Vesting schedule is executed as traditional 4 year and 1 year clif, this will be ensured by foundation.
TAU are native coins, not erc 20 tokens. Hope you like it.

[rhomelmabini]

For years and years what would be the most helfpul use cases of TAU in the world of cryptocurrency. TAU uses similarities of NXT and Bitcoin will this be inflationary too?

[cramerceep]

With this project the more transactions, the more reward, no work or knowledge required to join a club harvest. Share instant rewards harvested through "rope club". The process of test development to focus entirely on the technology first, the electronic money first focus on the velocity circulation coins, electronic money first no advantage to hoard, electronic money first transaction costs near zero forever. I realized when joining this project we will have too many benefits and opportunities for development.

[imorpheus]

For years and years what would be the most helfpul use cases of TAU in the world of cryptocurrency. TAU uses similarities of NXT and Bitcoin will this be inflationary too?

Tau aims to be the day to day crypro payment coin. On the inflation side, we are fixed amount and mint on day one. This is very different from bitcoin.

[Parodium]

Glad to see so TAU getting so much attention, if anybody is looking to become a miner, simply join our Telegram community https://t.me/taucoin and we will help you get started. Don't forget that we have a generous TAU reward for our first miners as an incentive to get started!

[rudox]

I want  the project team to come out and give us the assurance of how water tight is the security system of the platform is. and what are the suspected attack point for the hackers and what has been done to firmly mitigate those anticipated attacks. This if when done will increase the trust and reliability of the system to all including new client.

[tippytoes]

For years and years what would be the most helfpul use cases of TAU in the world of cryptocurrency. TAU uses similarities of NXT and Bitcoin will this be inflationary too?

Tau aims to be the day to day crypro payment coin. On the inflation side, we are fixed amount and mint on day one. This is very different from bitcoin.

If you are aiming to be a crypto payment coin, do you have the list where can we possibly use TAU? And what you meant by fixed amount is - you will still pay for the same amount of TAU in a certain item even if the value of TAU in the market becomes lower?

[Mixon_Orlando]

This is a business that addresses the people’s problem and pays for the goods. The allocation of funds on each business item is one of the factors that can compete with other ideas for the same purpose in the market. The community paid much attention to the issue. Can you share more detail?

[Ted King]

For years and years what would be the most helfpul use cases of TAU in the world of cryptocurrency. TAU uses similarities of NXT and Bitcoin will this be inflationary too?

Tau aims to be the day to day crypro payment coin. On the inflation side, we are fixed amount and mint on day one. This is very different from bitcoin.

If you are aiming to be a crypto payment coin, do you have the list where can we possibly use TAU? And what you meant by fixed amount is - you will still pay for the same amount of TAU in a certain item even if the value of TAU in the market becomes lower?

A very interesting and important question is, will the transaction fee vary depending on the network load or the price of the coin?

[Campuzano_Leandro]

This blockchain is quite stable. I've seen many coins recently that keep on forking even after dev patches. This one has Pow/Pos/Mn going on so it seems it is hard to attack. The team is also very professional on discord, I believe this one can survive past the incertitude phase. Good Luck

[KnyazED]

This an interesting project that every individual need to invest in taucoin.

it is worth focusing on the main advantages and disadvantages of the project, its prospect, the composition of the team, the work of the team, support. and then draw conclusions about the degree of success of the project. this can be done only by having a good idea of the main points of the project.

[goldkingcoiner]

TAU introduces a new never before thought of concept and I do not doubt that while simple, it is quite genius. A proof of transaction is exactly what was missing in the world of crypto! This is going to be a very successful project!

[rhomelmabini]

For years and years what would be the most helfpul use cases of TAU in the world of cryptocurrency. TAU uses similarities of NXT and Bitcoin will this be inflationary too?

Tau aims to be the day to day crypro payment coin. On the inflation side, we are fixed amount and mint on day one. This is very different from bitcoin.

In case of attacks does TAU better than bitcoin? Glad to see the team is doing might on the best of the project to get better results. Thanks for the fast response just like on the telegram group and discord.

[sacloci]

If make the pre-sale period longer would boost the interest as sometimes when presale periods are long, interest slowly drops as lot of people can't afford to invest sums needed during presale.Good partnerships keep people interested and focused on business.

[imorpheus]

I want  the project team to come out and give us the assurance of how water tight is the security system of the platform is. and what are the suspected attack point for the hackers and what has been done to firmly mitigate those anticipated attacks. This if when done will increase the trust and reliability of the system to all including new client.

Blockchain security comes from many ways and evolving. Tau foundation will never claim we solve the security problem once for all. I am more believe in this is a forever battle to acheive high security. We are collecting all wisdom from debate and our searching. We believe we have following potential threat covered in whitepaper:
1. Speculation transactions and Sybil attack
2. 51% attack or super power attack
3. Club leader corruption
4. Transaction fee surge attack
5. Many more too come
The core of our believe in security is that we believe Tau generate security from onchain data, transaction, rather than from offchain hardward racing and asset holding. The richness and perversiveness of transaction data is more secure than more people using. That is the design goal. Are we there yet? No, but we are working hard towards that goal.

[imorpheus]

In case of attacks does TAU better than bitcoin? Glad to see the team is doing might on the best of the project to get better results. Thanks for the fast response just like on the telegram group and discord.

TAU and bitcoin are secure in different ways. TAU is more secure when more transaction happens, because thats the source of security in POT. For smaller transaction number, bitcoin is super secure until 51% attack happen. TAU security is pledge on the future massive transaction happens on chain, those transactions will self create the security.

[Will-Natsu]

Good night
Can you explain to me in a simple and clear way what your plan is and what it does? Is there advertising? How do investors learn about new ideas?

[imorpheus]

a simple and clear way what your plan is and what it does? Is there advertising? How do investors learn about new ideas?

...just wrote this on the plane...fresh...
We proposes a fast circulation currency without inflation. Users collectively grow and secure the network by doing commoner’s behavior - transactions. With the technology innovation of "Proof Of Transaction", users with transaction history are incentivated by sharing the future block reward. No advantage is for concentrating wealth and hardware as in POS and POW.
Low barrier to coins, voting and rewarding for commoners are TAU implementation of fairness. Different from other systems, TAU aims the more transaction abundance, the higher speed and the lower total cost.
Bitcointalk.org is all we need for advertising and investor relation... i love bitcointalk...

[Ted King]

a simple and clear way what your plan is and what it does? Is there advertising? How do investors learn about new ideas?

...just wrote this on the plane...fresh...
We proposes a fast circulation currency without inflation. Users collectively grow and secure the network by doing commoner’s behavior - transactions. With the technology innovation of "Proof Of Transaction", users with transaction history are incentivated by sharing the future block reward. No advantage is for concentrating wealth and hardware as in POS and POW.
Low barrier to coins, voting and rewarding for commoners are TAU implementation of fairness. Different from other systems, TAU aims the more transaction abundance, the higher speed and the lower total cost.
Bitcointalk.org is all we need for advertising and investor relation... i love bitcointalk...

I agree, bitcointalk is an excellent platform, where there is a large community of crypto-currencies, but you will not use social networks other than FB?

[cryptocurrenciesboom]

Due to the fact that the development team looks confident and actively communicating at the forum, probably many people would like to know a little more where and in what projects you worked before? And is it planned to replenish the team, because the site is represented only 4 peoply or is this the whole staff?

We have about 10 people full time working on the project and many partimer community contributors. We are lucky to have enthusiastic folks onboard to focus on core technology. We have not spent time in polishing website, but lots of time in deep dive of what future world look like as well as how their currency look like.

From one point of view it is correct that you are deeply immersed in the process of implementing a work product, which will be a weighty argument for attracting investors, but from another point of view, because investors will first of all visit your site, and if it is not saturated with an important information, then this can lead them into doubts about the possible investment! Thank you!