TAU did not hold any ICO. 82% of coins will be distributed via
airdrops, referral bonuses and bounties.
What is the price of 1 Tau?
The community will set Taucoin's price. How a community member values his Taucoin will determine its value.
How do I earn more Taucoin?
There are more than several ways to earn TAUcoins. Here's a few.
a. Referral System: where you invite your friends via referral.
b. TAUwork: where you can offer/request your service, hire
or get job and TAUcoin will serve as a payment
c. Developer Bounty: where you can participate building
TAU only if you have special special skills and abilities from
design, creatives and programming.
d. Start-up Bounty: where you can build up your projects
based on TAU ecosystem and get rewarded some
e. Coinrains: where your activeness on discord and from
specific TAU local groups, can be rewarded every day, after
every two days or so, (Limited).
f. Medium Article Writing: where your writing skills and
abilities can be rewarded based on the content of your
g. More to come.
Will referral bonus end?
It will remain until the end although bonuses will decrease over time as the number of accounts are increasing.
A TAUcoin address looks like TDSrfJdB2AnWaFNgSbv3MZC2m74996JafV. It consists of a string of letters and numbers. Just as you ask others to send an email to your email address, you would ask others to send you TAUcoin to your TAUcoin address.
The name of the currency unit (the coin), the network, and the software.
A grouping of transactions, marked with a timestamp, and a fingerprint of the previous block. The block header is hashed to produce a proof of transaction, thereby validating the transactions. Valid blocks are added to the main blockchain by network consensus.
A list of validated blocks, each linking to its predecessor all the way to the genesis block.
Once a transaction is included in a block, it has one confirmation. As soon as another block is mined on the same blockchain, the transaction has two confirmations, and so on. Six or more confirmations is considered sufficient proof that a transaction cannot be reversed.
When several nodes, usually most nodes on the network, all have the same blocks in their locally-validated best block chain. Not to be confused with consensus rules.
The sender of a transaction often includes a fee to the network for processing the requested transaction. Most transactions require a minimum fee of 0.01 TAU.
Fork, also known as accidental fork, occurs when two or more blocks have the same block height, forking the block chain. Typically occurs when two or more miners find blocks at nearly the same time. Can also happen as part of an attack.
The first block in the blockchain, used to initialize the cryptocurrency.
A digital fingerprint of some binary input.
The TAUcoin Mempool (memory pool) is a collection of all transaction data in a block that have been verified by TAUcoin nodes, but are not yet confirmed.
A network node that finds valid proof of transaction for new blocks, by repeated hash.