Trump Tech
Trumpcoin
has been laying down some important groundwork. Now that V2 is live,
the next project phase, codenamed TrumpCoin Ethereum, is underway.
TrumpCoin Ethereum, or TETH, is an Ethereum Smart Token that is attached
to TrumpCoin in a 1 to 1 bi-directional trade relationship. That is,
one TrumpCoin is worth exactly one TETH Token and visa-versa.
While
TETH is a cryptocurrency all of its own, you will not find it on any
exchanges, at least not for the foreseeable future. You see, TETH can
ONLY be bought and sold with Trumpcoins.
So what are TETH Tokens good for?
TrumpCoin
Ethereum is a Dapp environment for TrumpCoin. Dapps, or Distributed
Apps, are a new cutting-edge technology that is made possible by
projects like Ethereum. Dapps are like apps on your cellphone, except
that they are decentralized to the blockchain and exist in your Ethereum
wallet. You will soon have the ability to activate the TrumpCoin Dapp
Store inside of your Ethereum wallet where you find many fun and useful
free Dapps as well as premium paid Dapps, much like the mobile app
stores found on smartphones.
So why two coins? Why not just make Trumpcoin an Ethereum Token?
There are many reason why we are doing it this way.
First
and foremost, while Ethereum works fantastically in our standard
exchanges, Eth Tokens are not yet quite ready to be safely listed as
standalone coins in exchanges.
Ethereum does not yet support POS.
We
know that the times, they are a changin’. Traditional cryptocurrencies
are quickly approaching legacy status. That’s right; many altcoins, will
soon be made completely obsolete by smart coin technologies. Who wants a
dumb flip coin when everyone else has cool, flashy smart coins?
TrumpCoin Ethereum provides a bit of an escape hatch for TrumpCoin
holders to protect against potentially destructive bitcoin volatility
and provide a way to hedge value against Ethereum, should Eth ever
outshine BTC.
In short, we are pushing smart coin concepts while
paving the way to a smart coin transition in the safest way possible
today. We are opening a gateway to and from new crypto tech, while
continuing to support a fully functional traditional altcoin
environment. Trumpcoin Ethereum has an expected delivery date of May
1st, 2016. Once launched, we will open its marketplace to users as well
as Dapp developers.
SPEC
Algorithm: Blake-256 Proof of Stake (POS)
Circulation 6 million
Global Supply 12 million
Staking reward 2% annually
