[BOUNTY] 🔥🔥WINNER-GETS-ALL / PROOF-OF-TRANSACTION CONSENSUS DEBATE BOUNTY!🔥🔥

[EVO]

TAUcoin, has proposed a brand new consensus mechanism called Proof-of-Transactions. It proposes a fast circulation currency without inflation. Users collectively maintain the network security by doing normal economical behavior - transactions through time. With the technical innovation of "Proof Of Transaction", users are incentivized to making necessary transactions by sharing the future block reward. No advantage is given to accumulating wealth and hardware.
Learn about TAUCOIN here

We believe that Proof-of-Transaction is the best consensus mechanism when it comes to being:

•   The most secure decentralized network
•   The fairest decentralized network
•   The most environmentally friendly decentralized network

Let’s jump to the year 2040, with the assumptions that:
1.   Internet Speed has dramatically increased, from 4G to 10G.
2.   Coins (TAU) with Proof-of-Transaction mechanism are widely distributed to billions of holders
3.   TAU foundation team has successfully developed “automatic block sizes” that allows all miners to define their size and time of block generation.

The increase of internet speed allows decentralized nodes to communicate faster. With the implementation of automatic block sizes, POT network will be able to support 1000 times more transactions than today, which is about roughly 10 billion transactions every day.

By Shannon’s theory, it is impossible for one node to collect all transactions in a world-wide competitive decentralized network. Thus, there will be thousands of “mining clubs” around the world to pick up transactions from different parts of the network. They are all competing on reducing commissions and capturing as many transactions as fast as they can. Under these circumstances, it is very difficult to form a 51% attack to obtain any significant share of the 10 billion fee based transactions daily, especially when one is trying to manipulate a massive amount of transactions in a 1 year sliding window.
*Proof-Of-Transaction Whitepaper*


Rules
1.   The debate starts today. Anyone in Altcointalk is able to participate anytime until the end of the debate. The debate ends on the 30th of September.
2.   Users are required to challenge Proof of Transaction’s consensus mechanism, with no limitation to proofs, arguments and ideas. Mathematical models are welcomed.
3.   The community votes among the top 3 best arguments/ideas/proofs, and 1Million TAU + $1,000 worth of BTC are being awarded to the highest vote.
4.   The vote will happen in TAUcoin’s telegram group on 1st October, and the result is finalized on the 24th hour.
5.   The arguments/ideas/proofs are defined to be the first user to propose it under TAU’s Altcointalk thread, with supported evaluations.
6.   TAU foundation team’s arguments will not participate on the result voting. The winner of the debate can be anyone else, but TAU.
7.   TAU foundation team will reward users that propose an interesting point of view or idea. This is purely defined by the TAU foundation team; an act to encourage everyone to share their thinking.

[EVO]

CLICK THE IMAGE TO PARTICIPATE

[Speaker]

Something the bounty page of the campaign you have is not informative. Where is the information about the subscription bounty campaign, if it is of course?

[EVO]

Something the bounty page of the campaign you have is not informative. Where is the information about the subscription bounty campaign, if it is of course?

Hi, this bounty is for one lucky winners only.. The bounty consist of debate with regards to project detail.

I am about to post the signature and airdrop.

I suggest to go into detail with this thread!

Thanks

[EVO]

CLICK THE IMAGE TO PARTICIPATE ON THE AIRDROP!

[Speaker]

Very original idea, and that without users themselves not cope ? You need to pretty smash his head to come up with something worthwhile.

[EVO]

Very original idea, and that without users themselves not cope ? You need to pretty smash his head to come up with something worthwhile.

This idea is from the core team. All debate are currently ongoing on bitcointalk and here as well soon.

If you are willing to participate with the debate the admin on TG are active 24/7 and they are always open for your debate / suggestion.

You may not know, maybe they will find it interesting with your debate and get a chance the winner gets  all.

Winner will be picked based on your post here or ann thread against all odds .

[Dilerium90]

Hello. I hqve a quesion: If you collect not a hard cup, will extra coins be burned or a total of 10 billion will remain?

[EVO]

Hello. I hqve a quesion: If you collect not a hard cup, will extra coins be burned or a total of 10 billion will remain?

We do not have soft and hard cap, TAU value is set by bidders of 74% each day auction will set to 0.

We do not set our own price. TAU ICO will be presented in a form of reversed Dutch Auction, where the market decides the price everyday. (Similar to EOS)

[Dinid]

We do not have soft and hard cap, TAU value is set by bidders of 74% each day auction will set to 0.

We do not set our own price. TAU ICO will be presented in a form of reversed Dutch Auction, where the market decides the price everyday. (Similar to EOS)

Hello Dev, when will the token sale begin?

By the way , the allocation of tokens should not be spent most on airdrop, giveaway, and bounty, dev.
If there are too many giveaway, it will be difficult to increase the price.
Maybe the proportion below 15% is good.

[Elevteros]

Currency without inflation sounds very interesting, because given the limitations of codes, any crypto currency is limited, so this is a very important point!

[Dinid]

Question again.

Hello Sir, I want to ask

Example story case :

User (let's say Andi = not real name) used his facebook account to joined taucoin.
He succesfully wrote down wallet address, private key , public key as well.
2 months later, he lose his facebook account.
So he can't login to taucoin dashboard.

1. What will be happened , Sir ?
2. Does the wallet still safe ? Can it (the wallet) be opened as well when official wallet has been released ? I mean open wallet without login to tau web dashboard. the private key still available

[dauletbaeffberdakh]

Interesting, sir. When Mining starts?
Your platform on Alpha study now?
When the Token sale starts, sir?

[dauletbaeffberdakh]

Yes, TAU coin, has proposed a brand new consensus mechanism called Proof-of-Transactions. I think you have successfully completed the project)

[emjay825]

Hello. I hqve a quesion: If you collect not a hard cup, will extra coins be burned or a total of 10 billion will remain?

We do not have soft and hard cap, TAU value is set by bidders of 74% each day auction will set to 0.

We do not set our own price. TAU ICO will be presented in a form of reversed Dutch Auction, where the market decides the price everyday. (Similar to EOS)

Very interesting indeed, the first time I encountered such a project. By the way, could you please tell us if the TAU is listed already in exchanges? If affirmative, could you give us the list of exchanges? Thank you.