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Trust (TST or T is a peer-to-peer cryptocurrency and open source software project released under the MIT License. Creation and transfer of coins is based on an open-source cryptographic protocol and is not managed by any central authority. The coin was inspired by, and in technical details is nearly identical to, Bitcoin (BTC).

History | edytuj kod

Trustcoin was released via an open-source client on December 11, 2017 by DisFish. It was a fork of the Bitcoin client, differing primarily by decreased maximum number of coins, different hashing algorithm (scrypt, instead of SHA-256), and a slightly modified GUI.

Differences from Bitcoin | edytuj kod

Trustcoin is different in some ways from Bitcoin.

  • The Trustcoin Network aims to process a block every 65 seconds, rather than Bitcoin's 10 minutes. The developer claims that this allows Trustcoin to have faster transaction confirmation.
  • Trustcoin uses scrypt in its POW and POS algorithm, a sequential memory-hard function requiring asymptotically more memory than an algorithm which is not memory-hard.

Due to Trustcoins's use of the scrypt algorithm, FPGA and ASIC devices made for mining Trustcoin are different than they are for Bitcoin, which uses SHA-256.

External links | edytuj kod

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