TRUSTplus TRUST
“Trust is Built”
The Status History and Future Projects of
Trust Plus
TrustPlus TRUST is a blockchain designed to provide secure transactions and private communications between two parties. We need a fast private blockchain to process our transactions and communicate changes privately.
AlgorithmTRUST blockchain uses a new version of X16 called Shuffle. The unique feature to Shuffle is its ability to reorder the sixteen algorithms based upon the previous block. This shuffle makes it more difficult to produce an ASIC hash. Miners using when using a Pool.
MasternodesAnother feature of bonded validator system. They audit PoW rewards and offer the potential to run an exchange or marketplace. TRUST uses Masternodes to enforce sporks or options to the code.
HalvingThe coin will not always produce 19200 coins a day forever. There is a variable in the code to reduce rewards or subsidies by half every 500,000 blocks or 8 -1/2 Months. As adoption grows, the coins will become more scarce, rewarding initial miners of TRUST.
WhitelabelTRUST is designed to be white labeled or forked. We plan on modifying the branding to serve company brands. We forked Resq Core because it is a customizable, reliable chain. Our graphic designers will make logos, and our programmers will change the executables. A practical solution to acquire the services of a blockchain is White Labeling TRUST. You get all the benefits of a secure blockchain supported by professionals and its services while using your Name Brand. Our team would be happy to make our wallet branded to your company.
making GPU miners our primary source of processing CPUs also have an opportunity to make a few coins
TRUST is its Masternodes.
TrustPlus History
We rescued VOOT and used funding to make TRUST
TRUST was launched July 4, 2014.
Listed on Bittrex for four and a half years. Listed on Poloniex for six months.
Listed on C-Cex for eight months.
Launch was X11 2021 Difficulty.
Initial miners were rewarded small but PoS started after seven days. The initial miners created many minters reducing the amount of large reward blocks.
Transition to 100% PoS was flawless.
Started DASH Masternode Purchased GPUs
Mined Diamond Coin Started Forging Lisk
Switched to 220v power systems Purchased Bitmain Miners
Mined Scrypt Coins
Mined Bitcoin Cash
Purchased Solar Panels
Started Staking Farm
Purchased Pandaminer B3 Miners Mined Ethereum
Price peaked at $0.47 January 1st, 2018 on Bittrex
Added Coinhive mining to Website Started Mining Raven
Started BTC Lighting Nodes Started Burst Farm
Delisted from Bittrex October 26th, 2018 @ 80 Satoshi BTC
Launched under new Ticker XTP January 1st, 2019 XTP Masternodes Enforced Subsidy sharing
TAP launched their token under XTP on December 30th, 2019
TRUST moved back from XTP April 15t, 2020
Specific Blockchain Projects
● Website Swaps
○ BTC, BCH, ETH, LTC<==>TRUST
■ WebsiteSwaps
■ API
■ Atomic swaps
● BitCram exchange with real-time ROI
○ Processor exchange
■ Mining, Minting, Masternodes and Lightning Nodes
○ Portfolio exchange
■ Create portfolios with trade calls to create ratings and allow others to fund for a fee
○ Exchange exchange
■ Simplified Arbitrage where an exchange becomes a hedge value that can be traded
○ Market Price based upon Difficulty for TRUST to FIAT
○ Fiat to TRUST
● Dealerbit Website
○ Dealership/Salespeople Inventory offerings
○ Prices listed in Bitcoin
○ Rewards program
● Whitelabel app for Retail Automotive Industry
○ Microsite
○ Fleet management
○ Rentals
○ Lease exchange
○ FiatChecks
● Add TRUST swaps with Trust Branded Projects
○ WeTrustLendingCircles
○ UTrust online Payments
● Training Classes
○ Secure Install
○ Sending coins
○ Sending messages
○ X16SMining
■ Solo
■ Pool
■ Masternodes
Masternodes
Masternodes are nodes with locked collateral for their services on the blockchain to earn block rewards.
Services ProvidedProof-of-Service defines Masternodes. Masternodes have services to the blockchain InstaSend and Private Send. Instasend works perfectly for sending TRUST immediately. Private send allows sending with the highest amount of privacy.
CollateralA TRUST masternode requires a transaction of 100,000 to a wallet address. This amount serves two purposes. The amount “locked” in a masternode reduces the total amounts of coins for sale, increasing scarcity. This collateral also creates a barrier to entry for cheap block rewards.
Reward processBefore a found block, the masternodes select a winner for each block number. The Proof-of-Stake miners download the winner's list. If Miner solves the next block, they report the next block, their address, and the winning masternode address. Upon a couple of confirmations, the block is broadcasted to all nodes. TRUST does not collect a budget nor does it use SuperBlocks to settle rewards.
Halving Schedule
Halving Occurs every 500,000 Blocks First Round - no halving
60 seconds x 60 minutes x 24 hours
——————————————————— = 19,200 coins made a
45 second target
1st round Halving - Approximately August 15th 2019
9,600 coins made a day until halving
2nd round Halving - Approximately May 1st 2020
4,800 coins made a day until halving
3rd round Halving - Approximately February 15th 2021
2,400 coins made a day until halving
4th round Halving - Approximately November 1st 2021
1,200 coins made a day until halving
5rd round Halving - Approximately July 15th 2022
600 coins made a day until halving
Participation
Helping the TRUST project is rewarding, and each person can help in their way. We have wallets for every type of computer. The Bitcoin project had a core value of making everything open source.
GITHUBOur coin is coded using C++ and hosted on GitHub. GitHub is an excellent service that provides communication and development support. We do compile multiple types of programs for each operating system. For the advanced user, GIT allows TRUST code to be downloaded and compiled to anything they choose.
WalletAfter you download and install TRUST, your next step is to join the community. Our Discord channel contains hundreds of people willing to help 24/7. Introducing yourself and sharing your experiences creates more value to the coin than Bitcoin.
MiningMining can be difficult. We would suggest joining a pool in the very beginning. Practicing using your primary desktop, master making scripts, and settings. Once you are ready to make a financial commitment, look into GPU mining and Masternodes. TRUST does not receive any of your money when you mine coins. You are competing with everyone else for the daily rewards for processing blocks. Renting Hash is the most economical, but still yields a meager profit. Masternodes have more potential for future value and Return on Investment (of electricity) than any mining.
MasternodesMasternodes takes effort in collecting TRUST coins. You could spend electricity to compete for daily rewards. As competition grows, the time it takes to earn a masternode will increase. There are also exchanges that accept BTC for TRUST as a trade. Exchanges are susceptible to theft, so be careful and do not leave coins on an exchange.
Once you have accumulated 100,000 TRUST, start a masternode. You can then compete for 50% block rewards. You can have more than one Masternode per computer.
No MarketingOur coin has survived five years because we do not spend money on advertising. It creates a false sense of projects health and creates a FIAT dependency. Buying an asset over marketing strategy works in crypto.
Sharing TRUSTWe anticipate much success with TRUST blockchain. Although sharing success and future success has its costs, we would appreciate the word of mouth advertising. This type of advertising includes talking to your social media friends, and gaming groups. Places we really would enjoy a mention is your other crypto coin groups. We may create a voting campaign to win services. Also please let us know if you are a member of a successful project. We may wish to add them to our available assets.
Technical Data
Official Development website:
https://github.com/TrustPlus/TrustPlusV2Current Version is 1.0.2
TRUST is Forked from RESQ
Algorithm is X16S
Block Time is targeted for 45 seconds Retargeting is every 3 blocks
First Block was used to satisfy the swap from TRUSTv1 to TRUSTv2 - 35,000,000
Block 1-9600 had minimum rewards for testing: 0.1 TRUST and 1% to MasterNodes
X16S PoW miners at block 9601 were awarded 10 TRUST 50% of the TRUST to the Masternode Winner.
Any fees collected are added to the block.
Rewards are halving every 500,000th block
Maximum coins 55,000,000 Premine Swap 35,000,000
Coins Claimed Approximately 25,000,000
Lost or Burned Estimated 10,000,000
In Market 5,787,792 as of 2/7/19
RPCport: 37001
Port: 37002
Listings
CryptoidThis site provides blockchain explorers for several crypto-currencies.
We do not provide any currency exchange, wallet or money services. We only present public blockchain data.
ArcpoolArc Pool is a pool, based on Yiimp solution. This fork based on the Yaamp published source code will be soon another open source project.
SwampthingSwamp Thing is a Yaamp based mining pool. No registration is required. We charge a very small mining fee to cover hosting and development cost.
BlockMinerBlockMiner is a Yaamp based mining pool. No registration is required.
MinePoolMinePool is a cryptocurrency pool based on the Yiimp solution.
No registration is required, we do payouts in the currency you mine. Use your wallet address as the username.
iHostMNMasternode hosting.
KiramineKiramine is a pool management solution based on the Yii Framework. This fork was based on the yaamp source code and is now an open source project. No registration is required, we do payouts in the currency you mine. Use your wallet address as the username.
EnmanetEnmanet is a live beta exchange. This is a safe place to do quick trades. The site is based upon open source called Open Trade. We will be using its API to process many transactions.
MiningPoolStatsMiningPoolStat lists all mining and exchange on one page.
