Massive Airdrop

[Kriptolab]

The New Blockchain consensus mechanism

👉Proof-Of-Transaction (POT) which solves the POW and POS problems.

At the heart of every blockchain system is a consensus model and a protocol that defines the way nodes agree on the order and validity of transactions. This is particularly important in public blockchains which are open to many attack vectors and use economic incentives and fee structures, to ensure misbehavior is not desirable for participants and full-scale attacks are not viable economically.

However, the search for the perfect consensus model is still ongoing. The two most common options are Proof of Work (POW), as used in Bitcoin, and Proof of Stake (POS), which was first used in Peercon.

Both models have their flaws, particularly since they both favor the wealthy, either through the amount of hardware required Proof-Of-Work (POW), or the funds accumulated Proof-Of-Stake (POS). Proof-Of-Work is also back drawn for its energy consumption, and Proof-Of-Stake directly encourages locking up vast amounts of cryptocurrencies instead of using them. Unlikely those, TAU attempts to change this with Proof-Of-Transaction (POT) by incentivizing circulation.

To as love the cryptocurrency problems which have been seen on POW and POS, TAU has come up with the following key features:

Taucoin Features:

Proof-Of-Transaction:- the more transactions, the more reward

Automatic Harvest Club Participation:- no work or knowledge required in joining a harvest club 

Instant harvesting reward share through “club wiring” 

Near Zero Cost Transaction Fees:- most of transaction fees are returned throughout the year.

One year to accumulate weight:- to prevent spam and speculation

Environmentally friendly consensus mechanism that is secure

Built 100% from our team (not a fork of an existing coin)

Test driven development process focused purely on technology first

First cryptocurrency to focus on the velocity of coin circulation

First cryptocurrency to give no advantage to hoarding 

First cryptocurrency to have near zero cost transactions in perpetuity.

Proof of Transactions

POT uses a sliding 365-day window and calculates the number of transactions executed in this window. This number is used as a weight for determining the likelihood of being chosen as a block producer. The actual process of determining the next block producer is a pseudo-random process, based on the algorithm used in NXT, one of the early POS of stake blockchains, weighted by the number of transactions.

The goal of this is making consensus fairer by incentivizing keeping coins in circulation, instead of favoring wealthy participants. The protocol natively supports harvest clubs, the equivalent of mining and staking pools. The feature allows addresses to delegate their transaction history to each other, accumulating weight in the consensus model and sharing proceeds.

Making transactions, meaning actually using cryptocurrencies, has long been identified as one of the keys to adoption. Holding cryptocurrencies for staking or as an investment might turn cryptocurrencies into interesting financial instruments, but does not fit the definition of digital currency. In this sense, TAU’s model of POT might actually be on to something and help adoption of cryptocurrencies as a method of payment.

To get Taucoins (1500), start here👇

https://www.taucoin.io/account/login?referralURL=04acb93ca8564c018fb6a154990341e1fde80c16e0b5b632702821ac57101d23 [nofollow]

TAU coin will be trade on the own exchange, starting 18th of October this year.

NB:
🏆Currently, Taucoin can be mined using Ubuntu OS (16.04 & 14.04 tested)

🏆Engineering underway, to make mining via mobile phones possible

Whitepaper link:  https://www.taucoin.io/whitePaper/TAU%20White%20Paper%20v0.1.pdf [nofollow]

[boysnoel12]

This is not the right section for referral links, i'm sure you'll face bad consequences as you include a referral link in beginner's section. If I may ask is this your own work or a merely copy paste?
Before that I found this one and I compare it to this thread and I find it the same with edited link where it mention bitcointalk thread. This the link where the same topic or work that can be found.
https://www.reddit.com/r/airdrops/comments/9kecfu/proof_of_transaction_is_efficient_part_1/

[altery0518]

The New Blockchain consensus mechanism

👉Proof-Of-Transaction (POT) which solves the POW and POS problems.

At the heart of every blockchain system is a consensus model and a protocol that defines the way nodes agree on the order and validity of transactions. This is particularly important in public blockchains which are open to many attack vectors and use economic incentives and fee structures, to ensure misbehavior is not desirable for participants and full-scale attacks are not viable economically.

However, the search for the perfect consensus model is still ongoing. The two most common options are Proof of Work (POW), as used in Bitcoin, and Proof of Stake (POS), which was first used in Peercon.

Both models have their flaws, particularly since they both favor the wealthy, either through the amount of hardware required Proof-Of-Work (POW), or the funds accumulated Proof-Of-Stake (POS). Proof-Of-Work is also back drawn for its energy consumption, and Proof-Of-Stake directly encourages locking up vast amounts of cryptocurrencies instead of using them. Unlikely those, TAU attempts to change this with Proof-Of-Transaction (POT) by incentivizing circulation.

To as love the cryptocurrency problems which have been seen on POW and POS, TAU has come up with the following key features:

Taucoin Features:

Proof-Of-Transaction:- the more transactions, the more reward

Automatic Harvest Club Participation:- no work or knowledge required in joining a harvest club

Instant harvesting reward share through “club wiring”

Near Zero Cost Transaction Fees:- most of transaction fees are returned throughout the year.

One year to accumulate weight:- to prevent spam and speculation

Environmentally friendly consensus mechanism that is secure

Built 100% from our team (not a fork of an existing coin)

Test driven development process focused purely on technology first

First cryptocurrency to focus on the velocity of coin circulation

First cryptocurrency to give no advantage to hoarding

First cryptocurrency to have near zero cost transactions in perpetuity.

Proof of Transactions

POT uses a sliding 365-day window and calculates the number of transactions executed in this window. This number is used as a weight for determining the likelihood of being chosen as a block producer. The actual process of determining the next block producer is a pseudo-random process, based on the algorithm used in NXT, one of the early POS of stake blockchains, weighted by the number of transactions.

The goal of this is making consensus fairer by incentivizing keeping coins in circulation, instead of favoring wealthy participants. The protocol natively supports harvest clubs, the equivalent of mining and staking pools. The feature allows addresses to delegate their transaction history to each other, accumulating weight in the consensus model and sharing proceeds.

Making transactions, meaning actually using cryptocurrencies, has long been identified as one of the keys to adoption. Holding cryptocurrencies for staking or as an investment might turn cryptocurrencies into interesting financial instruments, but does not fit the definition of digital currency. In this sense, TAU’s model of POT might actually be on to something and help adoption of cryptocurrencies as a method of payment.

To get Taucoins (1500), start here👇

https://www.taucoin.io/account/login?referralURL=04acb93ca8564c018fb6a154990341e1fde80c16e0b5b632702821ac57101d23

TAU coin will be trade on the own exchange, starting 18th of October this year.

NB:
🏆Currently, Taucoin can be mined using Ubuntu OS (16.04 & 14.04 tested)

🏆Engineering underway, to make mining via mobile phones possible

Whitepaper link:  https://www.taucoin.io/whitePaper/TAU%20White%20Paper%20v0.1.pdf

for me I am not interested on any airdrop campaigns because most of the time the coins that we earn from participating is too small and not enough to pay transactions from transfering to an exchange market.