TrustNote

6.5652
-0.65526%
USD
Exchange TTT
x
Price History
Market Cap
2,035,200,356 USD
24h Volume
367,712 USD
Circulating Supply
309,999,945 TTT
Max Supply
0.00000 TTT
TrustNote Overview
TrustNote is similar in design to, and influenced by DAG-ledgers like Byteball and IOTA. TrustNote takes the commonly used DAG consensus model a bit further and on the top of it, a proof-of-work based consensus scheme (TrustME consensus) is proposed to encourage fair and trustable witness node selection through mining. Most of today's DAG-ledgers have no incentives like mining. Without proof-of-work based incentives, it's much harder to achieve decentralized consensus and often weakening the consensus on which it is based. Inspired by DASH's two tier network architecture, TrustNote is trying to combine proof-of-work consensus and DAG ledger structure all together, building a more scalable and more secured distributed ledger system.
Blockchain
Dag(Directed Acyclic Graph)
Consensus Method
Proof Of Work
Status of Project
Fully Working Product
Coin Age
8 months
Algorithm
N/a
Block Processing
N/A
Emission Rate
Proportional To Network Activity
Community size
1,476
Open Source
Yes
CEO
Jeff Zhou
CTO
Jeff Zhou
Team Memberes
15 member, 1 developers
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