What is TAU?
TAU is a crypto coin project to explore blockchain technologies such as mobile phone mining, Proof-of-Transaction consensus, IPFS and DeFi DAO.
- Android phone verifying transactions (mining).
- Proof-of-Transaction, miners are competing on accumulating transactions to generate new blocks and get transaction fees. The more transactions you have made, the higher chance you win the mining. The longer the transaction history, the more “Total Consensus Strength” the network has.
- Easier for all miners and beginners to get coins.
- Building on IPFS to resist IP control.
Foundation is working to provide:
1. Mobile mining wallet - done and upgrade.
2. IPFS block storage and communication - in dev.
3. DeFi project “Long Crypto” - in dev.
On-going White Paper
Project Long Crypto
As a coin project, making wealth for community is essential. Therefore, just like famous project DAI, we will enable TAU community to be a decentral autonomous organization(DAO) managing a DeFi(decentral finance) project, called “Long Crypto”.
Through open and on-chain smart contracts and transparent data, Long Crypto will borrow stable coins from general public. We use stable coins like USDT to buy and hold ETH to achieve long term asset growth. The supplier interests will Automatically adjust from 10% - 99% annually. They can withdraw investments at any moment when liquidity allowes. In long term, stable coin suppliers will always make money. As DAO member, TAU coin holder will get the profit from smart contract and vote key decisions proportionally.
TAU team is a group of programmers, who want to combine technology and finance together to serve TAU community.
* Citizens and Residents of United States, European Union and China shall not invest Long Crypto project
Tau News & Progress
Discord ( Technology )
iTAU TV by kriptolab