Dear Skang,

Welcome back. Hope you had a fun trekking trip.

Trestor protocol makes no assumptions about the rational behavior of attacker. Compared to generic proof of-work/proof-of-stake schemes, our protocol has minimal computing requirements. UTXOs is not the only solution for distributed security. Prof David Mazieres, Head of Stanford's secure computing group has written extensively on this topic. http://www.scs.stanford.edu/~dm/home/papers/

Do you really mean the following statements: 

1.  A consensus is not enough; proof-of-work is also required.

2.  Worst still, if a majority decides that a transaction is valid, that transaction is validated, irrespective of any algorithm preventing trests to be created out of thin air; not even Trestor!


Also, we didn't quite understand the legal protection and two-level pyramid scheme accusation.

Trestor Team
www.trestor.org
@trestorconnect