Quote from: trestorfoundation on May 18, 2015, 06:46:24 PM

Feel free to discuss technical details with Stephan: stephan@trestor.org

I also do have this account here.

Quote from: btc_enigma on May 19, 2015, 05:01:04 AM

Ok trestor foundation. Two simple questions

Is this decentralized ? If yes, opensource the code and let others run a node. If this is centralized I really don't care what algorithm you use

As you can read on our website, one of our primary goals is that all the software involved will be open source. At the moment, we are still in a very early stage of development. (Our project is not a (direct or indirect) fork of the Bitcoin software (unlike the dozens of altcoins, who did nothing but change the logo in bitcoin-qt and some parameters like block generation rate). That's why it takes some time.)

To get a first idea about how the Trestor network will work, you should take a look at our tech draft.

In a nutshell:
- Coin ownership and transactions are based on digital signatures, like in all crypto-curriencies.
- Unlike Bitcoin, there is no work-based mining, but voting among validator nodes.
- Unlike Ripple, voting is not based on federated trust relationships. Validator nodes are backed by deposit accounts in a proof-of-stake manner. This makes it decentralized: No validator is valued more than others.

Note that some of this is work in progress. We are sharing this information early with you in order to counter the scam accusations, which we are facing.

Feel free to ask any questions.

Best,
Stephan