TAU Coin Mining Through Mobile Phone Use Proof of Transaction Consensus

The use of cellphones to be monetized has been done in many ways, such as telephone credit sales. But now with the rapid development of the crypto world, there is a more sophisticated way of dealing with crypto currencies, namely mining coins on mobile phones.

If at the beginning of the crypto currency was made, mining requires a lot of equipment and also expensive but the presence of this new coin called TAU coin will change many things. You don’t need a lot of expensive mining equipment but you only need one mobile unit … !!

This amazing idea was developed by TAU coins with the concept of Proof of Transaction (PoT) where the coin mining is based on the TAU coin transaction event.

TAU coin way is making each one’s phone to run as a universal bank for verifying global transactions and storing asset is an essential protection to personal wealth; therefore, billions of people would not be afraid of currency inflation and control. In order to achieve this, we introduce a novel consensus mechanism, Proof-of Transaction(POT). POT uses transaction history based probabilistic weight as Byzantine General proof to produce new blocks. The longer chain time, the stronger the “total consensus strength” accumulates to be more secure. Minimizing the block header and its size, TAU protocol is light enough to allow mobile device to mine, so that pervasive mining is supported fairly.

TAU coin is creating the easy way to monetize mobile phone by TAU coin mining, so it is natural that many obstacles are encountered because that is precisely the challenge to use easy things, namely the process of a creating useful thing. But with the quality of the TAU coin team, I am sure all these obstacles can be overcome properly.

More information can be found at: Further information can be found at www.taucoin.io.