TrustPlus TRUST

$0.0039
Market Cap $ 135.274 K (#1461)
24h Volume $ 0.000
Chg. 24h: 0.00%
Algo. score 2.0/5  (#1221)
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TrustPlus project purpose and description

TrustPlus clarity of purpose

TrustPlus purpose and aspects

TRUSTplus uses X11 hashing algorithm: 11 rounds of scientific hashing functions (blake, bmw, roestl, jh, keccak, skein, luffa, cubehash, shavite, simd, echo).

TrustPlus additional differentiation against competition

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TrustPlus categories

Digital currencyMicro payments

Short description

TrustPlus is an energy saving coin generating most of its coins through PoS blocks. It distributes its initial coins through 3 days of evenly distributed PoW mining. No block halving occurs during the initial distribution phase, thus ensuring a fair distribution.

Abstract

A recent alternative crypto-coin (AltCoin) called TrustPlus was recently released with multiple features; twoof which are know as “Automatic Transactions” (ATs) and “Trusted Addresses” (TAddys). As of this writing,TrustPlus ATs are designed to generate transactions which do not reflect “real” exchanges of TrustPlus coinsbetween two parties. Instead, these AT’s are meant to increase the volume of total transactions present in theTrustPlus block-chain without reflecting a “real” exchange of coins. These ATs, by design, would be allowedbetween TAddys, providing the owner of a wallet with a means of controlling which addresses can be engagedin ATs. Here in we explore the enhanced privacy provided by the ATs and TAddys features, as designed forTrustPlus. We further show how automatic transactions create a smoke-screen for real transactions that can beadjusted to meet a required amount of privacy.

Link to Roadmap: n/a
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