[ANN][TRUST] TRUSTplus [PoD5x2][BitTrex][Android][Shopify]

[jc12345]

I think something is wrong with the block explorer , it says 30758724 had been mined but is should be at least 54,5 mil at the end of POW

There is nothing wrong with the block explorer. POS and POW was running simultaneously. Each POS block found generated somewhere between a fraction of a coin and a few coins. If a POS block was found during the last phase of POW where the reward was 6400 and the POS block had a reward of lets say 1 coin, then 6399 coins were lost than had it been a POW block. The POS blocks counted towards the 12800 blocks for end of POW.

The above process happened many times and therefore by the end only 30M of the 54M coins were mined by the time block 12800 was solved.

[mitchellmint]

I just completed a TrustPlus article :

http://www.cryptoarticles.com/crypto-news/trustplus-gives-a-new-meaning-to-anonymity-by-using-automatic-transactions

Benefit of the doubt for now, so impress me

I like your article! In my opinion, and I may be completely wrong so please take this with a grain of salt, the benefits to TrustPlus's Automatic Transactions that led me to invest in this coin are the following:

Firstly, when it comes right down to it, security and anonymity rely on a game of numbers. That is, anonymity relies on obscurity and security relies on the ability to maintain a secret. The fact that TrustPlus generates automatic transactions means that, without a doubt, they are contributing to the obscurity of all transactions and therefore their potential for anonymity and security.

In/of my own account I have already seen at least 23 automatic transactions for my 10 or so real transactions. This means that, already this early in the game, the chance of finding one of my real transactions, amid all the transactions associated with my address, are 10 in 33, or ~ 30%.
You might say that a 30% chance of finding something is still a pretty good chance, so how can TrustPlus be better? 

Well, some people like to compare anonymity to finding a needle in a haystack. So what would it take to make my real transactions at least as hard to find as a needle in a haystack? (Even though the Mythbusters already made this colloquialism obsolete: Episode 23 – "Bug Bomb , Talking to Plants , Needle in a Haystack" http://en.wikipedia.org/wiki/MythBusters_(2004_season)#Needle_in_a_Haystack)

To answer that question you need to quantify the number of needles and the denseness of the haystack with respect to the needles.

To that end I would like to refer you to this fun paper by Bruno Jedynak and Damianos Karakos, http://cis.jhu.edu/~bruno/JedynakKarakosSPL.pdf (though their motivation originated from their interest in an algorithm for tracking roads in satellite images).

I will let the reader review their detailed conclusion, but basically, for the case of TrustPlus anonymity will depend on the frequency of generation of automatic transactions.

Secondly, the security of my transaction can only be enhanced by the amount of anonymity associated with all my transactions! That is, if I want to keep my transaction secret, it is up to me to share the fact that there was even a real transaction to begin with, the fact that I trust any other addresses at all, and further which addresses I trust; else, you might never even know to look for that transaction amid all the clutter!! (ie. do you even know that there is a needle in the haystack and how to distinguish the needle from the hay!)

Thirdly, I like their solution to the block chain bloat problem that is plaguing the crypto coin community. I know that, so far,  the answer to this question has been, "hard drives will get bigger", (though some are trying to get more creative) but really, do you as a customer want to carry with the entire history of all transactions ever!! I certainly don't. For me, there needs to be a certain amount of trust associated with reducing the amount of history (I call this baggage) you carry around with you. Therefore, if the system is already requiring trust in the automatic transactions, it follows that it may potentially also be trusted when the time comes to transition to a new history of transactions. I am sure that you can keep the old history for archival purposes if you are so inclined, but the beauty of it is that you are not required to!!!

Thoughts, and/or comments?! Oh, and please correct me if I am wrong, I am always looking forward to learning more about the vibrant crypto coin community!

This is well written.  Send us your resume trust@mitchellmint.com  I will have to spend more time on this, it deserves a wonderful response.

[mitchellmint]

OMG wow are you guys insane ppl never learn!!... enjoy getting butt raped by these devs and even if u don't go gamble on blackjack or something the odds are better lololol i can't even believe my eyes these devs are prob laughing lol good job devs A+ you got nerve but hey if these plooks follow you guys then A+ on your scam you deserve it  . I'm rooting for ya but u won't be getting my btc.

How can we make you a believer?

[Liquid71]

it was fun raping this piece of shit coin, thanks 

[PeterPalmBeach]

it was fun raping this piece of shit coin, thanks 

Looks like we have another troll from razor family... 
We collect them all. Lets see... who's next ?

[tyson187]

I think something is wrong with the block explorer , it says 30758724 had been mined but is should be at least 54,5 mil at the end of POW

There is nothing wrong with the block explorer. POS and POW was running simultaneously. Each POS block found generated somewhere between a fraction of a coin and a few coins. If a POS block was found during the last phase of POW where the reward was 6400 and the POS block had a reward of lets say 1 coin, then 6399 coins were lost than had it been a POW block. The POS blocks counted towards the 12800 blocks for end of POW.

The above process happened many times and therefore by the end only 30M of the 54M coins were mined by the time block 12800 was solved.

thanks for the explanation  

[neite99]

it was fun raping this piece of shit coin, thanks 

Why would you ever want to rape a piece of shit? Your odd.

[MiningMinion]

Now that POW is done, what's in the plans?

[batty634]

There was mention of an asic earlier in this thread. Is the idea to buy asic with the bounty? If so isn't this just another way of the dev paying himself from the premine?

I am asking not to fud, just a previous coin dev that i invested in did this, I see this as nothing other than taking a cut of the premine?

[mitchellmint]

it was fun r__ing this piece of s_t coin, thanks 

I am just going to reply to get another Post count.  Kinda worthless post, Agree?

[mitchellmint]

Now that POW is done, what's in the plans?

Marketing and Develop AutoTransactions and Taddy.  Site will be ready soon!

[mitchellmint]

There was mention of an asic earlier in this thread. Is the idea to buy asic with the bounty? If so isn't this just another way of the dev paying himself from the premine?

I am asking not to fud, just a previous coin dev that i invested in did this, I see this as nothing other than taking a cut of the premine?

I minded about 20k in my garage with GPU's, the Premine is in a Safe, Vaulted.  All expenditures have been on me since the beginning.  I see the 20k coins to cover my expenses and make a healthy profit.

The Large Premine will be put to good use for the Community.  I have a contest to come up with ideas for the most outrageous idea for the $7000 Premine.  It might be a bit more now.

-Travis

[fonzerrellie]

1.21 giga watts!!

lol, giga watts? You mean Giga Hash.

At one time it was 195 GH/s thats the all time high for this coin until now.

Yes, ban him for not watching "Back To The Future"! 

https://www.youtube.com/watch?v=dUJqH88l1u8

[mitchellmint]

1.21 giga watts!!

lol, giga watts? You mean Giga Hash.

At one time it was 195 GH/s thats the all time high for this coin until now.

Yes, ban him for not watching "Back To The Future"! 

https://www.youtube.com/watch?v=dUJqH88l1u8

ROFL, Please come to IRC so we can tip this!  PM?

[cryptodevil]

Yes, because whatever you do, you must fill this thread with meaningless praise for positive posts so you don't actually have to answer any of those awkward questions I posed to you earlier, right?

[mitchellmint]

Yes, because whatever you do, you must fill this thread with meaningless praise for positive posts so you don't actually have to answer any of those awkward questions I posed to you earlier, right?

Yah, I didn't read em... you caught me. -Travis

[cryptodevil]

Oh you read them, I do know that. You just didn't know how to answer them because you don't actually have a reasonable answer to give and so you hoped you could just ignore them.

It's like cut-and-paste behaviour across the numerous fraudulent coin threads I have witnessed over the last several months. All you need now is an army of drones to post mindless meme pictures to bloat this thread like you propose to do with your Anon-but-not-actually-anon blockchain and you'll be complete.

[mitchellmint]

Oh you read them, I do know that. You just didn't know how to answer them because you don't actually have a reasonable answer to give and so you hoped you could just ignore them.

It's like cut-and-paste behaviour across the numerous fraudulent coin threads I have witnessed over the last several months. All you need now is an army of drones to post mindless meme pictures to bloat this thread like you propose to do with your Anon-but-not-actually-anon blockchain and you'll be complete.

Didnt read this one either.  Sorry - Travis

[wadili89]

how can we remove the sell walls on bittrex?

[mitchellmint]

how can we remove the sell walls on bittrex?

They are part of the market.  We need to get our applications done, and site up.  The next level of investors are after that Sell Wall.