#TAU
Tau Coin Features
Tau brings a complete new consensus mechanism — Proof-Of-Transaction (POT) to the game.
With POT, Tau users are rewarded for participating in transactions, the more transactions, the greater the reward!
Proof-of-transaction uses on-chain, historical accumulated transactions to determine who can propose a new block. Unlike other cryptocurrencies which use mining to generate new blocks, Tau will instead use a process known as harvesting, where all addresses have a chance to generate a new block. The probably of generating a new block is proportional to the number of transactions the address has made within a certain time window.
Tau addresses the inequality of existing cryptocurrencies whilst providing a viable alternative to Bitcoin users to individuals, businesses and organizations around the world.
1) Harvest Club and Club Wiring Transactions
Tau users can form groups known as “harvest clubs” which receive the transaction fees contained within each block. These rewards are transferred to participants of the chosen harvest club through a club wiring transaction, which allocates the fair share of the reward to all the addresses in the club. Within each harvest club, a certain percentage of the block fee reward is retained with the club leader, whilst the rest is distributed to the remaining club members in accordance with their harvest power.
2) Harvesting Power and Signal Transactions
The Tau protocol includes a special kind of transfer known as a signal transaction. Signal transactions are a zero value transaction that is used for delegating harvesting power between users, e.g. When address A sends a signal transaction to address B, address B inherits its harvesting power, this is only reset once address B returns a signal transaction to address A.
3) 1Mb block size (auto-scaling future)
Tau initially launches with a 1Mb block size, with a maximum of 5,760,000 transactions per day at this initial size. In the future an upgrade to automatically adjusted block size dependent on the bandwidth of the network will be considered.
Join our Community!
Tau is an experimental cryptocurrency and is still very much under development. There will be kinks, there will be roadblocks, but we will persevere. We welcome all early-birds, experts and crypto-enthuasiasts to join our community and help build a cryptocurrency not just for the privileged few, but everybody! We welcome contributions from the community!
https://www.taucoin.io/
https://t.me/taucoin
Tau Coin Features
Tau brings a complete new consensus mechanism — Proof-Of-Transaction (POT) to the game.
With POT, Tau users are rewarded for participating in transactions, the more transactions, the greater the reward!
Proof-of-transaction uses on-chain, historical accumulated transactions to determine who can propose a new block. Unlike other cryptocurrencies which use mining to generate new blocks, Tau will instead use a process known as harvesting, where all addresses have a chance to generate a new block. The probably of generating a new block is proportional to the number of transactions the address has made within a certain time window.
Tau addresses the inequality of existing cryptocurrencies whilst providing a viable alternative to Bitcoin users to individuals, businesses and organizations around the world.
1) Harvest Club and Club Wiring Transactions
Tau users can form groups known as “harvest clubs” which receive the transaction fees contained within each block. These rewards are transferred to participants of the chosen harvest club through a club wiring transaction, which allocates the fair share of the reward to all the addresses in the club. Within each harvest club, a certain percentage of the block fee reward is retained with the club leader, whilst the rest is distributed to the remaining club members in accordance with their harvest power.
2) Harvesting Power and Signal Transactions
The Tau protocol includes a special kind of transfer known as a signal transaction. Signal transactions are a zero value transaction that is used for delegating harvesting power between users, e.g. When address A sends a signal transaction to address B, address B inherits its harvesting power, this is only reset once address B returns a signal transaction to address A.
3) 1Mb block size (auto-scaling future)
Tau initially launches with a 1Mb block size, with a maximum of 5,760,000 transactions per day at this initial size. In the future an upgrade to automatically adjusted block size dependent on the bandwidth of the network will be considered.
Join our Community!
Tau is an experimental cryptocurrency and is still very much under development. There will be kinks, there will be roadblocks, but we will persevere. We welcome all early-birds, experts and crypto-enthuasiasts to join our community and help build a cryptocurrency not just for the privileged few, but everybody! We welcome contributions from the community!
https://www.taucoin.io/
https://t.me/taucoin
Telegram
TAU GPT & Blockchain lab
taucoin.io
#TAU
Discussion on TAU coin allocation
Community members are interested in knowing the innovative coin allocation pool. Here is detail.
10 billion coins created is aiming to give each person 1 Tau in the future when population hitting 10 billion.
Among 10 billion, 82% is set for bounty, faucet and Tau-X. This is a massive bounty programs. However, it will last for many years to ensure many people could have a chance to receive a minimum amount of tau coin to start with. It will also serve as seeds to grow the community by pervasive distribution. We are currently using on facebook and google account to prevent robots and distribute coins ranging from 1000 to 6000 Taus per person. We create many bounty programs to encourage community members to contribute work for TAU, the reward ranging from 500 to 1 million depending on the effort.
18% is reserved for foundation team members and keeping foundation operational. All team members are subject to standard venture capital vesting schedule control. That is 4 years vesting lockup, with first year cliff and quarterly afterwards.
TAU-X is another way to distribute coins instead of ICO. Every 360 blocks, 60,000 Taus will be put into swap pool along with all holders placements. When we run out of 82% of allocation in the future, the 60,000 part will stop, but TAU-X will continue to serve the community as on-chain exchange and bridge to other crypto coins or tokens.
https://www.taucoin.io/account/bounty/telegramhttps://t.me/taucoin
https://twitter.com/tau_io
https://www.facebook.com/blockchain.tau.5
https://www.taucoin.io/
https://www.youtube.com/channel/UC-6Nnlsl-9ANI7HezV1UzBQ
Discussion on TAU coin allocation
Community members are interested in knowing the innovative coin allocation pool. Here is detail.
10 billion coins created is aiming to give each person 1 Tau in the future when population hitting 10 billion.
Among 10 billion, 82% is set for bounty, faucet and Tau-X. This is a massive bounty programs. However, it will last for many years to ensure many people could have a chance to receive a minimum amount of tau coin to start with. It will also serve as seeds to grow the community by pervasive distribution. We are currently using on facebook and google account to prevent robots and distribute coins ranging from 1000 to 6000 Taus per person. We create many bounty programs to encourage community members to contribute work for TAU, the reward ranging from 500 to 1 million depending on the effort.
18% is reserved for foundation team members and keeping foundation operational. All team members are subject to standard venture capital vesting schedule control. That is 4 years vesting lockup, with first year cliff and quarterly afterwards.
TAU-X is another way to distribute coins instead of ICO. Every 360 blocks, 60,000 Taus will be put into swap pool along with all holders placements. When we run out of 82% of allocation in the future, the 60,000 part will stop, but TAU-X will continue to serve the community as on-chain exchange and bridge to other crypto coins or tokens.
https://www.taucoin.io/account/bounty/telegramhttps://t.me/taucoin
https://twitter.com/tau_io
https://www.facebook.com/blockchain.tau.5
https://www.taucoin.io/
https://www.youtube.com/channel/UC-6Nnlsl-9ANI7HezV1UzBQ
#TAU
Discussion on TAU coin allocation
Community members are interested in knowing the innovative coin allocation pool. Here is detail.
10 billion coins created is aiming to give each person 1 Tau in the future when population hitting 10 billion.
Among 10 billion, 82% is set for bounty, faucet and Tau-X. This is a massive bounty programs. However, it will last for many years to ensure many people could have a chance to receive a minimum amount of tau coin to start with. It will also serve as seeds to grow the community by pervasive distribution. We are currently using on facebook and google account to prevent robots and distribute coins ranging from 1000 to 6000 Taus per person. We create many bounty programs to encourage community members to contribute work for TAU, the reward ranging from 500 to 1 million depending on the effort.
18% is reserved for foundation team members and keeping foundation operational. All team members are subject to standard venture capital vesting schedule control. That is 4 years vesting lockup, with first year cliff and quarterly afterwards.
TAU-X is another way to distribute coins instead of ICO. Every 360 blocks, 60,000 Taus will be put into swap pool along with all holders placements. When we run out of 82% of allocation in the future, the 60,000 part will stop, but TAU-X will continue to serve the community as on-chain exchange and bridge to other crypto coins or tokens.
https://www.taucoin.io/account/bounty/telegramhttps://t.me/taucoin
https://twitter.com/tau_io
https://www.facebook.com/blockchain.tau.5
https://www.taucoin.io/
https://www.youtube.com/channel/UC-6Nnlsl-9ANI7HezV1UzBQ
Discussion on TAU coin allocation
Community members are interested in knowing the innovative coin allocation pool. Here is detail.
10 billion coins created is aiming to give each person 1 Tau in the future when population hitting 10 billion.
Among 10 billion, 82% is set for bounty, faucet and Tau-X. This is a massive bounty programs. However, it will last for many years to ensure many people could have a chance to receive a minimum amount of tau coin to start with. It will also serve as seeds to grow the community by pervasive distribution. We are currently using on facebook and google account to prevent robots and distribute coins ranging from 1000 to 6000 Taus per person. We create many bounty programs to encourage community members to contribute work for TAU, the reward ranging from 500 to 1 million depending on the effort.
18% is reserved for foundation team members and keeping foundation operational. All team members are subject to standard venture capital vesting schedule control. That is 4 years vesting lockup, with first year cliff and quarterly afterwards.
TAU-X is another way to distribute coins instead of ICO. Every 360 blocks, 60,000 Taus will be put into swap pool along with all holders placements. When we run out of 82% of allocation in the future, the 60,000 part will stop, but TAU-X will continue to serve the community as on-chain exchange and bridge to other crypto coins or tokens.
https://www.taucoin.io/account/bounty/telegramhttps://t.me/taucoin
https://twitter.com/tau_io
https://www.facebook.com/blockchain.tau.5
https://www.taucoin.io/
https://www.youtube.com/channel/UC-6Nnlsl-9ANI7HezV1UzBQ
#TAU
Discussion on TAU coin allocation
Community members are interested in knowing the innovative coin allocation pool. Here is detail.
10 billion coins created is aiming to give each person 1 Tau in the future when population hitting 10 billion.
Among 10 billion, 82% is set for bounty, faucet and Tau-X. This is a massive bounty programs. However, it will last for many years to ensure many people could have a chance to receive a minimum amount of tau coin to start with. It will also serve as seeds to grow the community by pervasive distribution. We are currently using on facebook and google account to prevent robots and distribute coins ranging from 1000 to 6000 Taus per person. We create many bounty programs to encourage community members to contribute work for TAU, the reward ranging from 500 to 1 million depending on the effort.
18% is reserved for foundation team members and keeping foundation operational. All team members are subject to standard venture capital vesting schedule control. That is 4 years vesting lockup, with first year cliff and quarterly afterwards.
TAU-X is another way to distribute coins instead of ICO. Every 360 blocks, 60,000 Taus will be put into swap pool along with all holders placements. When we run out of 82% of allocation in the future, the 60,000 part will stop, but TAU-X will continue to serve the community as on-chain exchange and bridge to other crypto coins or tokens.
https://www.taucoin.io/account/bounty/telegramhttps://t.me/taucoin
https://twitter.com/tau_io
https://www.facebook.com/blockchain.tau.5
https://www.taucoin.io/
https://www.youtube.com/channel/UC-6Nnlsl-9ANI7HezV1UzBQ
Discussion on TAU coin allocation
Community members are interested in knowing the innovative coin allocation pool. Here is detail.
10 billion coins created is aiming to give each person 1 Tau in the future when population hitting 10 billion.
Among 10 billion, 82% is set for bounty, faucet and Tau-X. This is a massive bounty programs. However, it will last for many years to ensure many people could have a chance to receive a minimum amount of tau coin to start with. It will also serve as seeds to grow the community by pervasive distribution. We are currently using on facebook and google account to prevent robots and distribute coins ranging from 1000 to 6000 Taus per person. We create many bounty programs to encourage community members to contribute work for TAU, the reward ranging from 500 to 1 million depending on the effort.
18% is reserved for foundation team members and keeping foundation operational. All team members are subject to standard venture capital vesting schedule control. That is 4 years vesting lockup, with first year cliff and quarterly afterwards.
TAU-X is another way to distribute coins instead of ICO. Every 360 blocks, 60,000 Taus will be put into swap pool along with all holders placements. When we run out of 82% of allocation in the future, the 60,000 part will stop, but TAU-X will continue to serve the community as on-chain exchange and bridge to other crypto coins or tokens.
https://www.taucoin.io/account/bounty/telegramhttps://t.me/taucoin
https://twitter.com/tau_io
https://www.facebook.com/blockchain.tau.5
https://www.taucoin.io/
https://www.youtube.com/channel/UC-6Nnlsl-9ANI7HezV1UzBQ
#TAU
Discussion on TAU coin allocation
Community members are interested in knowing the innovative coin allocation pool. Here is detail.
10 billion coins created is aiming to give each person 1 Tau in the future when population hitting 10 billion.
Among 10 billion, 82% is set for bounty, faucet and Tau-X. This is a massive bounty programs. However, it will last for many years to ensure many people could have a chance to receive a minimum amount of tau coin to start with. It will also serve as seeds to grow the community by pervasive distribution. We are currently using on facebook and google account to prevent robots and distribute coins ranging from 1000 to 6000 Taus per person. We create many bounty programs to encourage community members to contribute work for TAU, the reward ranging from 500 to 1 million depending on the effort.
18% is reserved for foundation team members and keeping foundation operational. All team members are subject to standard venture capital vesting schedule control. That is 4 years vesting lockup, with first year cliff and quarterly afterwards.
TAU-X is another way to distribute coins instead of ICO. Every 360 blocks, 60,000 Taus will be put into swap pool along with all holders placements. When we run out of 82% of allocation in the future, the 60,000 part will stop, but TAU-X will continue to serve the community as on-chain exchange and bridge to other crypto coins or tokens.
https://www.taucoin.io/account/bounty/telegramhttps://t.me/taucoin
https://twitter.com/tau_io
https://www.facebook.com/blockchain.tau.5
https://www.taucoin.io/
https://www.youtube.com/channel/UC-6Nnlsl-9ANI7HezV1UzBQ
Discussion on TAU coin allocation
Community members are interested in knowing the innovative coin allocation pool. Here is detail.
10 billion coins created is aiming to give each person 1 Tau in the future when population hitting 10 billion.
Among 10 billion, 82% is set for bounty, faucet and Tau-X. This is a massive bounty programs. However, it will last for many years to ensure many people could have a chance to receive a minimum amount of tau coin to start with. It will also serve as seeds to grow the community by pervasive distribution. We are currently using on facebook and google account to prevent robots and distribute coins ranging from 1000 to 6000 Taus per person. We create many bounty programs to encourage community members to contribute work for TAU, the reward ranging from 500 to 1 million depending on the effort.
18% is reserved for foundation team members and keeping foundation operational. All team members are subject to standard venture capital vesting schedule control. That is 4 years vesting lockup, with first year cliff and quarterly afterwards.
TAU-X is another way to distribute coins instead of ICO. Every 360 blocks, 60,000 Taus will be put into swap pool along with all holders placements. When we run out of 82% of allocation in the future, the 60,000 part will stop, but TAU-X will continue to serve the community as on-chain exchange and bridge to other crypto coins or tokens.
https://www.taucoin.io/account/bounty/telegramhttps://t.me/taucoin
https://twitter.com/tau_io
https://www.facebook.com/blockchain.tau.5
https://www.taucoin.io/
https://www.youtube.com/channel/UC-6Nnlsl-9ANI7HezV1UzBQ