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Author Topic: [ANN][TIT] Titcoin | general Info, News and Updates | (. Y .)  (Read 16952 times)
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titcoinfoundation
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November 10, 2014, 02:33:53 PM
 #1


Website: http://www.titcoins.biz / http://www.titcoin.xxx
E-mail: support [at] titcoins.biz
Facebook: http://www.facebook.com/titcoin
Twitter: @OfficialTitcoin @TitcoinNEWS @TitcoinMAGAZINE
 

Titcoin is a crypto-currency that was designed specifically for the $10 billion adult entertainment industry where privacy and anonymity are key consumer factors. Titcoin gives consumers the ability to make discreet micropayments while benefiting businesses with extremely low transaction fees.

Originally conceived in November 2013, Titcoin was officially announced in January 2014 with a final build of the wallet compiled in February. Titcoin was formally launched to the public on June 21, 2014.

Titcoin was developed by a small group of cryptocurrency advocates who saw the adult entertainment industry as the perfect conduit for bringing digital currency into the mainstream. We are a team that consists of seasoned professionals with years of experience in digital marketing, finance, business development and technology.

Our primary goal is to raise awareness of the cryptocurrency industry and increase greater public adoption of alternate forms of currency. We believe Titcoin will help all of us by creating strong cryptocurrency demand in an industry where anonymity and privacy are key drivers.

Finally, we believe in transparency. We are an independent group of enthusiasts who are very active in the cryptocurrency community. Plus we have a history of giving back to the community through giveaways, bounties and rewards. What you see is what you get, and we are more than happy to answer any questions about our objectives and long-term vision.

The Titcoin development team is a 5 Plus+ PoD (Proof of Developer) rated organization.
http://www.titcoins.biz/wp-content/uploads/2014/07/ratingTIT.jpg
 

Specifications

Algorithm: SHA-256
Block Reward: 69 coins
Block Time: 1 minutes (60 seconds)
Total Coins: 69,000,000
Retarget: Every block (DigiShield)
Halving Interval: 500,000 blocks

P2P/RPC Port: 8698/8697
 
Titcoin launched on June 21st, 2014. A variety of mining pools and currency exchanges are currently available.

The coin is established which puts us in a better place to reopen negotiations with potential partners. In the mean time several articles appeared and more might follow. Negotiations are still ongoing. Note that we are not only aiming for the cryptocoin community but are trying to get awareness on the mass market.
 

Titcoin Windows Wallet v1.0.0(Mac, Windows and GitHub source:

  http://www.titcoins.biz/titcoin-wallet/
 

Mining Pools:

    http://ispace.co.uk
    https://mupool.com
    http://titcoin.slugmonkeypool.net
    https://www.minep.it
    http://tit.minerpools.com
    http://www.kinkypool.com
    http://pooled-mining.com/
 

Nodes:


addnode=seed.titcoins.info
addnode=titcoin.hopto.org
addnode=titcoin.isasecret.com
addnode=titcoin.slyip.com
addnode=titcoin.sytes.net
addnode=108.61.10.90
addnode=95.85.23.9
addnode=109.120.173.59
addnode=188.165.84.239

 

Block Explorer:

http://blockexperts.com/tit

Exchanges:

 
AllCoin: https://www.allcoin.com
Bittrex: https://bittrex.com/Market/?MarketName=BTC-TIT
BleuTrade: https://bleutrade.com
Cryptex: https://www.cryptex.biz
Cryptsy: https://www.cryptsy.com/markets/view/TIT_BTC
RockyTrade: https://www.rockytrade.net

 

Payment Processors:


CoinPayments.net: http://www.coinpayments.net
CoinShipIt: http://www.coinshipit.com
CoinToPay: https://www.cointopay.com
Casheer: http://www.casheer.net (Coming Soon)
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November 10, 2014, 02:34:35 PM
 #2

Such tit, much playboy! Smiley

Hey, smexy. Don't waste your time. Time's precious.
titcoinfoundation
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November 10, 2014, 03:12:46 PM
 #3

Huge success at @exxxotica in NJ this past weekend!
https://dl.dropboxusercontent.com/u/34784245/tit/Screen%20Shot%202014-11-10%20at%203.37.20%20PM.png
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November 10, 2014, 04:42:11 PM
 #4

O wow  Shocked

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November 13, 2014, 10:00:38 AM
 #5

TITCOIN nominated for Alternative Payment Services Company of the Year!

http://www.xbiz.com/news/187699
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November 13, 2014, 10:07:53 AM
 #6

TITCOIN nominated for Alternative Payment Services Company of the Year!

http://www.xbiz.com/news/187699

great news , who doesn't love titties Cheesy
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November 13, 2014, 10:35:17 AM
 #7

Here some more great news!  Smiley

Titcoin mentioned and quoted here http://www.xbizdigital.com/xw/2014-11/

And check this out!

https://dl.dropboxusercontent.com/u/34784245/tit/Screen%20Shot%202014-11-13%20at%2011.06.56%20AM.png
https://dl.dropboxusercontent.com/u/34784245/tit/Screen%20Shot%202014-11-13%20at%2011.08.48%20AM.png
Mr. Net
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November 13, 2014, 11:58:02 AM
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Amazing! Quite a few people wanted some free titcoins at exxxotica huh.
Great to see the effort to reach out beyond bitcointalk!
That has gotten quite rare here.

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November 13, 2014, 12:14:06 PM
 #9

WOW Shocked I'm impressed
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November 13, 2014, 12:17:16 PM
 #10

WOW Shocked I'm impressed
+1!
Congrats!
Now titcoin is a real coin

THE INGENIOUS GENTLEMAN DON QUIXOTE OF LA MANCHA
♠ ♥ ♣ ♦ < ♛♚♝♞♜ BTC tip: 18vHV7TsnAfj16PfR5VVtCu9BiYuSidaeb
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November 13, 2014, 12:23:03 PM
 #11

WOW Shocked I'm impressed
+1!
Congrats!
Now titcoin is a real coin

Hehe I feel the same way!


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December 23, 2014, 09:50:08 AM
 #12

Current prices like these are called opportunity.  Wink
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December 27, 2014, 03:59:17 AM
 #13

Any Latest News for Titcoin?

I just saw on Bittrex:

"This market is in danger of de-listing due to low trade volume and lack of user interest. It may be removed on January 2nd unless the average daily trade volume for the last 7 days exceeds 0.2 BTC."

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December 29, 2014, 04:18:31 PM
 #14



Early last week we did an interview with yet another publication. Below is an excerpt of the interview questions and answers. Let's hope this article gets published.

On a side note, we might have a radio interview coming up in January. We'll let the community know if this happens and when it will air.

 


   
Quote
What made you decide to start Titcoin?


 
Our interest in digital currency (mainly Bitcoin) started almost 2 years ago when it was a misunderstood novelty exclusive to technical circles. While discussing Bitcoin, we debated the strengths and weakness of digital currency, and realized there was an opportunity to develop Bitcoin alternatives that are hyper-specific to narrow trade industries, interests and even companies. We collectively brainstormed a number of different ideas for a new currency in industries ranging from airline, fuel to coffee. The adult entertainment industry came out as the top segment that we felt would benefit the most from an electronic form of cash. The adult entertainment industry has historically been stigmatized by traditional financial institutions so the opportunity to fill that gap was very clear. We subsequently made modifications to the Bitcoin open source software to optimize it for transaction purposes, and rebranded the name to Titcoin.

 

   
Quote
Since there are a number of streaming sites that offer pornographic material for free, why start a company that is based around the adult entertainment industry as opposed to becoming a more mainstream digital currency?



There are literally thousands of other alternate currencies that are trying to claim the title as the mainstream digital currency. That market is already supersaturated with competitors where none have really established themselves as the differentiating currency. From the start, we never viewed ourselves as a competitor to Bitcoin. Bitcoin has its strengths, but it also has its weakness. Titcoin serves to resolve those weaknesses specifically for the adult entertainment industry. Many people ask us whether the adult industry is viable considering all of the free porn on the internet. Let's remind ourselves that the adult industry is a $10 billion economic powerhouse. Despite all of the free porn on the internet, there will always be demand for high quality content that you won't be able to find for free. Plus the adult industry includes more than just videos. It also includes clothing, toys, strip clubs, legal escorts, etc. What can we say... people do pay for porn related products and services.


 

   
Quote
What products and services are commonly purchased using Titcoins?



Since we are a relatively new currency, we are slowly getting some businesses and entertainers to start accepting Titcoin. They range from adult toys and products to webcam models. Interestingly, the greatest demand we are seeing are from small businesses and independent entertainers. That segment has been hurt the most by restrictive financial rules levied by their existing banks and payment processors. We hear about PayPal accounts getting shut down every week. We hear about ridiculous transaction fees they are paying to adult payment processors like CCBill. The current financial system is not optimized for small adult businesses, whereas digital currencies like Titcoin will help them level the playing field.



 

   
Quote
Where can individuals go (i.e. websites) to find products and services to spend their Titcoins?


We occasionally update our website (www.titcoin.xxx) with new businesses that accept Titcoin. Interestingly, we've come across several websites that accept Titcoins without us even knowing about it. That's the beauty of digital currency... we don't own it. Titcoin technically belongs to the public so any business can start accepting it without formally asking for our approval. But to answer your specific question, you can spend Titcoins to buy anything. I'm going to blow your mind here and try to change your perception about the concept of money. Ever since cavemen were trading rocks with each other, our historical perception of money was that it had to be a physical object where both the buyer and seller viewed it as having value. For example, if you visit your local Starbucks with a wallet full of Japanese Yen, you will likely have a tough time buying a cup of coffee. Digital currencies take the concept of physicality completely out of the equation because transactions and currency conversions happen electronically. This is why digital currency is considered the future of money and is transforming the way we will pay for things in the future. Dollar signs and monetary symbols will soon become obsolete. All we will need to know to perform a transaction is whether the Buyer has something of value, and the Seller wants something of value. Whatever that 'something' is will be irrelevant because these conversions happen behind the scenes. So one day... you could feasibly walk into a Starbucks and pay for your coffee with your very own JohnDoe Dollars.

On a side note, there are services that will allow you to fund a pre-paid credit card with Titcoins based on the current exchange rate. We get this question a lot from businesses who want to accept Titcoin. They ask what they can do with it (eg where they can spend it) once they receive it. Our answer is they can spend it to buy anything they want including groceries at their local store.



   
Quote
What legal/government regulations have you had to overcome in the formation and operations of the company?



Since we are based in New York, we are keeping our eyes on some regulations that are being considered to manage the digital currency industry in this state. Technically we are not a financial entity. We simply created a software that was released to the public. This is why I mentioned that we really don't own Titcoin because it is managed and operated by a peer-2-peer network outside of our control. Our primary existence is to promote and market Titcoin and educate the public on digital currencies. So in reality we are just marketers.



 

   
Quote
How does your service prevent fraud, theft and other problems which can occur with an online method of exchange?



This was one topic I spoke about at the Bitcoin 101 seminar I conducted at Exxxotica. Ironically, that weekend unbeknownst to me, my credit card number was stolen by someone who went on a shopping spree. The easiest way to explain the concept of digital currency as it relates to fraud and theft is to compare the way traditional cash and credit cards work. When you go to Starbucks and pay with your credit card, you essentially give them your credit card number and tell them to withdraw the appropriate amount of money from your account. Starbucks is in complete control of the transaction, and it is up to you detect if they overcharged or double charged you. If they happen to store your credit card number and their computer gets hacked, the hacker could turn around and issue charges against your account without your knowledge. Cash on the other hand functions in the exact opposite way. When you go to Starbucks and pay with cash, you don't hand over your wallet and tell the cashier to pull out your money. You are in control, and you give the cashier either exactly or approximately what you owe. Once you put your wallet back into your pocket, it's impossible for Starbucks to continue taking money from you. More importantly it is impossible for a thief or hacker to steal your money. Digital currency works just like cash where the buyer is in complete control over the amount they are handing over to the seller. The only difference is this all works electronically and not physically which makes it a great monetary instrument for secure online purchase.



 

   
Quote
What makes your service different from other digital currency operators such as Bitcoin?



Bitcoin was fundamentally designed as a way to store value and not as a monetary instrument for ecommerce transactions. This can be clearly seen in the time it takes to process a Bitcoin transaction. Built into the Bitcoin software is an average timespan of 1 hour for a transaction to process which is very unreasonable for real time transactions. The best way to look at Bitcoin is to think of it as gold. People buy gold not because they want to spend it but because they want to store some monetary value. The liquidity of Bitcoin is more appropriate for long term investment and storage and not for transactions. One update that we made to the Bitcoin source code was to eliminate this lengthy transaction time. Instead of 1 hour, Titcoin transaction times are around 6 minutes which is more reasonable for ecommerce purposes. Businesses also ask us this question, and here's what we tell them. If your goal with digital currency is to treat it like an investment commodity to hopefully make money down the road when the value goes up, you should accept Bitcoin payments. However, if your goal is to sell a product/service and get money in your hands to pay for your operating costs, you should accept Titcoin. It's the difference between gold and cash.



 

   
Quote
What benefits does Titcoin offer to merchants over other digital currencies and traditional forms of payment such as credit cards?



I spoke a little about credit cards above which is one major benefit of Titcoin (and all digital currencies). So the real question is what benefit does Titcoin offer compared to other digital currencies. Well... Bitcoin has its flaws which I pointed out one above. What most people don't realize about digital currencies is that it requires a very stable peer-2-peer network to operate. This means the network requires a sufficient amount of computers to help process transactions. If there are no computers on the network for a particular currency, transactions will come to a standstill thus destroying the entire platform. I won't go into too much technical detail, but it is possible for the Bitcoin network to fail. The way the Bitcoin software regulates the complexity (or difficulty level) of its algorithm, it is possible in theory for transaction times to grind to a halt which is another flaw we recognized. Titcoin on the other hand regulates the algorithm every minute which means there will always be sufficient computer processing power to handle transactions. The other benefit of Titcoin is simply our success in marketing and promoting it to the mainstream. Titcoin is one of only a small few currencies that has received media and press attention from major publications like Playboy, Cosmopolitan, Men's Health and CNET. This notoriety helps raise awareness of digital currency in general, and it attracts people to help run the Titcoin network which processes every transaction. The Titcoin network is one of the most stable digital currencies on the market today.



 

   
Quote
How does your service guarantee anonymity for its users when purchasing adult-oriented products and services?



With almost all digital currencies, pure anonymity is never completely guaranteed. This also gets into some deeply technical semantics but basically your Titcoin account is as anonymous as you make it similar to your social security number. If you don't publicize your account, nobody will know it belongs to you. The way digital currencies work, all transactions are publicly visible. This is precisely how the peer-2-peer network is able to validate transactions. However, the only thing that is recorded is that Person A gave Person B some amount of coins. It does not record the name or any personal information of the people involved in the transaction, nor does it record what the transaction was for. So in essence it is anonymous. However, if you publicize your account number as belonging to you, then all of your transactions will be visible... with one caveat... they will still only see that you made a transaction, but not what it was for.



 

   
Quote
Do you have plans to have a Titcoin app produced in the near future?  I couldn’t find it using my iPhone App Store…



As with most developers of a digital currency, we rely on the community and other entrepreneurs to develop apps and services to help grow the Titcoin economy. One of our partners is a company called Casheer.net. They are about to launch a payment platform that will include Titcoin as one of their exclusive currencies. Their app essentially functions like a currency aggregator. I mentioned above how we will soon forget about dollar signs and symbols. This app is the type of killer app that will help transform the concept of money. The best way to understand how it works is by thinking of how frequent flier miles work. Let's say you have 20k miles on American Airlines and 20k on Delta. Unfortunately you don't have enough miles individually to pay for a free plane ticket. Now let's say there exists a service that allows you to consolidate all your miles together and purchase a free ticket on a completely separate airline like JetBlue. This is exactly how currencies will work in the future which can be seen in the Casheer app. If you have some Bitcoins, Titcoins and JohnDoe Dollars, this app will automatically consolidate your money and allow you to purchase products using a completely separate currency ($US Dollars for example).



 

   
Quote
What adult stars are you working with to promote Titcoin?



We were talking to several big names in the adult entertainment industry to help us promote Titcoin. However, that hasn't been a priority for us lately with all of the major press coverage we are receiving. Most likely in the beginning of next year, we will reach out to them again to figure out what role they can play in the future of Titcoin beyond simply promoting us.



 

   
Quote

How do you protect against illegal activity such as Titcoin purchases of prostitution services or the sale of child pornography?



Unfortunately, with all digital currencies, there is no way to prevent transactions pertaining to illegal activity. It's similar to the way illegal activities are conducted using $US dollars. There's no technical way to monitor the legality of every transaction that occurs, particularly if certain activities are legal in one jurisdiction but illegal in another. Naturally we are opposed to transactions that are inherently unlawful such as child pornography. The best that we can do is publicly condemn certain activities and only work with services that do not deal with questionable activities.




Titcoin Development Group (TDG) | JT New Media
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December 30, 2014, 07:58:59 PM
 #15

Wow great read!!! Can't wait to see the article!

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January 02, 2015, 11:03:49 PM
 #16


A new mining pool has been added:

http://pool.iminebits.com/



Titcoin Development Group (TDG) | JT New Media
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January 17, 2015, 10:05:38 PM
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Website: http://www.titcoins.biz / http://www.titcoin.xxx
E-mail: support [at] titcoins.biz
Facebook: http://www.facebook.com/titcoin
Twitter: @OfficialTitcoin @TitcoinNEWS @TitcoinMAGAZINE
 

Titcoin is a crypto-currency that was designed specifically for the $10 billion adult entertainment industry where privacy and anonymity are key consumer factors. Titcoin gives consumers the ability to make discreet micropayments while benefiting businesses with extremely low transaction fees.

Originally conceived in November 2013, Titcoin was officially announced in January 2014 with a final build of the wallet compiled in February. Titcoin was formally launched to the public on June 21, 2014.

Titcoin was developed by a small group of cryptocurrency advocates who saw the adult entertainment industry as the perfect conduit for bringing digital currency into the mainstream. We are a team that consists of seasoned professionals with years of experience in digital marketing, finance, business development and technology.

Our primary goal is to raise awareness of the cryptocurrency industry and increase greater public adoption of alternate forms of currency. We believe Titcoin will help all of us by creating strong cryptocurrency demand in an industry where anonymity and privacy are key drivers.

Finally, we believe in transparency. We are an independent group of enthusiasts who are very active in the cryptocurrency community. Plus we have a history of giving back to the community through giveaways, bounties and rewards. What you see is what you get, and we are more than happy to answer any questions about our objectives and long-term vision.

The Titcoin development team is a 5 Plus+ PoD (Proof of Developer) rated organization.
http://www.titcoins.biz/wp-content/uploads/2014/07/ratingTIT.jpg
 

Specifications

Algorithm: SHA-256
Block Reward: 69 coins
Block Time: 1 minutes (60 seconds)
Total Coins: 69,000,000
Retarget: Every block (DigiShield)
Halving Interval: 500,000 blocks

P2P/RPC Port: 8698/8697
 
Titcoin launched on June 21st, 2014. A variety of mining pools and currency exchanges are currently available.

The coin is established which puts us in a better place to reopen negotiations with potential partners. In the mean time several articles appeared and more might follow. Negotiations are still ongoing. Note that we are not only aiming for the cryptocoin community but are trying to get awareness on the mass market.
 

Titcoin Windows Wallet v1.0.0(Mac, Windows and GitHub source:

  http://www.titcoins.biz/titcoin-wallet/
 

Mining Pools:

    http://ispace.co.uk
    https://mupool.com
    http://titcoin.slugmonkeypool.net
    https://www.minep.it
    http://tit.minerpools.com
    http://www.kinkypool.com
 

Nodes:


addnode=seed.titcoins.info
addnode=titcoin.hopto.org
addnode=titcoin.isasecret.com
addnode=titcoin.slyip.com
addnode=titcoin.sytes.net
addnode=108.61.10.90
addnode=95.85.23.9
addnode=109.120.173.59
addnode=188.165.84.239

 

Block Explorer:

    http://blockexperts.com/tit

Exchanges:

 
AllCoin: https://www.allcoin.com

Bittrex: https://bittrex.com

BleuTrade: https://bleutrade.com

Cryptex: https://www.cryptex.biz

Cryptsy: https://www.cryptsy.com

RockyTrade: https://www.rockytrade.net

 

Payment Processors:


CoinPayments.net: http://www.coinpayments.net

CoinShipIt: http://www.coinshipit.com

CoinToPay: https://www.cointopay.com

Casheer: http://www.casheer.net (Coming Soon)
New pool for you guys! I'm currently working on the frontend, but the pool and payout system is running. The stratum is rewq.us.to:3333
Happy hashing!

Check out my Titcoin pool! pooled-mining.com
titcoinfoundation
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January 17, 2015, 10:14:31 PM
 #18

Thanks!  Smiley
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January 18, 2015, 01:05:49 AM
 #19

Thanks!  Smiley
Alright, web frontend is up and working at this page. I also have made a node at 8.28.153.3!

Check out my Titcoin pool! pooled-mining.com
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January 20, 2015, 06:19:01 PM
 #20

Our latest interview was published today via adult industry blogger CJAsher.

https://cjasher.wordpress.com/2015/01/20/c-j-asher-interviews-titcoins-biz-co-founder-edward-mansfield/

Also, a new mining pool has been added:

http://pooled-mining.com/


Titcoin Development Group (TDG) | JT New Media
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