Trestor Foundation
WORKING TOGETHER, FOR A MISSION
We are a proud team of geeks & hackers. For us, joy of learning supersedes our ego.
| Our mission is to create the most efficient Money, Payment and Market system for the world.
Trestor is proud to announce there are currently 599 Retail Partners in 63 Countries that support the development of the Trestor Network and Trests.
We have created global strategic partnerships, starting from Cameroon and Greece.
Trests are the digital token or the unit of store of Value and can be sent/received from anywhere in the world.
Our retailers and partners offer the ability to serve as local Trestor locations, where people can go to a store and purchase Trests from trusted Retail Partners.
Trestor is a registered legal entity Headquartered in Toronto, Canada with a Team of Full-time Developers and Business Professionals. |
Trestor Network
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- Mobile and chrome app
- Global payment rail network
- Custom protocol and distributed ledger
- Trustless cryptocurrency
- Asymmetric Proof of stake(aPOS) powered consensus through voting
- Fast confirmation times: ~ 10 sec (average)
- Secure cryptocurrency using EdDSA
- Global network of Trestor nodes manage the distributed ledger
- Custom consensus algorithm
- Protected against backdoors, Sybil attacks, and Double Spends
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| iOS app will soon be available on the App Store. Advanced users can download the pre-release version. For any app related query, send us an
email at app@trestor.org. Apps for other platforms are being developed and will be released soon. |
Trests Distribution
| Trests are managed and distributed by the Trestor Foundation and the following rules apply:
- Fixed supply of Trests of 100 billion
- Trests initially sold at $0.01 US
- Available to Trestor Partners and Trest users
- Send/Receive through mobile app and web account anywhere in the world
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No mining
No crowdsale/IPO
Asymmetric Proof of stake(aPOS)
How does it work:
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1. Trestor will select and give out 100 million Trest each (deposit account) to university interested in
running Trestor validator node
2. University with provable history of following points can apply
- IT access and security controls
- Computer science/cryptography research
- Socio-economic research
- Democratic decision making
3. Universities as validators creates a huge economic asymmetry for the attacker
4. Trestor will help shift the global Monetary policy center from Central banks to Universities
5. 2% trests can be unlocked from their deposit account every year by the universities to fund its
research projects |
Global cryptocurrency and remittance platform | - Mobile and Web accessible
- Fast Confirmation Times
- Global Ledger managed by Trestor Nodes
- In-House developed Consensus Protocol
- Use of EdDSA for Signatures across entire network = no backdoors
- Fixed Supply of Trests
- Proof of Work protects against network spam
- Protection against Sybil Attacks: deposit accounts must have aged coins
- Protection against Double Spends: voting agrees on the same ledger requires 80% of nodes
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Strength of Network
Trestor Foundation has developed the first EdDSA cryptocurrency and blockchain - secure against backdoors and with fast confirmation times.
Advantages
| Trests are backed by a global network of Retail Partners that provide easy access and local exchange for users around the world.
The Trestor Blockchain and Cryptocurrency was built around EdDSA - a next generation digital signature algorithm that is protected against backdoors.
The combined effect gives a high degree of accessibility and uncompromising security at every level of the network. |
Services
| Trestor services are global. Any new and existing members of the community can go to any Trest location around the world to purchase or redeem Trests for local currency.
Also, Trests are ideal for sending money to friends and family around the world because of the global network of Retail Partners we've established. |
Zero Transaction Fees
| Sending Trests will be the same amount as receiving Trests. New and existing users can go to any Retail Partner location and get Trests to send to another country.
The receiver can then go to their local Retail Partner and exchange for local currency with zero transactions fees and no hidden costs. |
Trestor Team
Trestor in the News
| Millennium Post - July 13, 2015 Indian startup sets up crypto-currency platform for GreeksCNBC Money Control - July 13, 2015 Indian startup sets up crypto-currency platform for GreeksBusiness Standard - July 12,2105 Indian startup sets up crypto-currency platform for GreeksDNA India - July 12, 2015 Indian startup sets up crypto-currency platform for GreeksPTI India - July 12, 2015 Indian startup sets up crypto-currency platform The Economic Times - July 12, 2015 Indian startup sets up crypto-currency platform for Greeks Cointelegraph - July 4, 2015 Trestor's 2,000 Crypto Loans Could Beat Bitcoin at Aiding GreeceYahoo! Finance Singapore - July 2, 2015 Greece investors cash in amidst capital controlsBoston Globe - July 2, 2015 Greece investors cash in amidst capital controlsSeeking Alpha - July 2, 2015 Greece investors cash in amidst capital controlsBitcoinist.net - June 21, 2015 Trestor Partners with Cameroon for New Currency EcosystemYahoo! Finance India - June 19, 2015 Indian startup partners with Cameroon for money transfer last mile services Business Standard - June 19, 2015 Indian startup partners with Cameroon for money transfer last mile services CoinTelegraph - February 11, 2015 90% of All the Cryptocurrencies Today Should Cease to Exist Within the Next 24 monthsThe Financial Express - February 2, 2015 Indian entrepreneur Kunal Dixit launches new currency ecosystemThe Huffington Post - February 2, 2015 Indian Hawkers To Market Online Currency That Could Rival BitcoinThe Times of India - February 2, 2015 Chaiwalas, golgappewalas to market digital currency in IndiaTimes Pro - December 16, 2014 Bitcoins And Other Digital Currency In IndiaThe Paypers - December 15, 2014 Trestor Foundation to launch crypto-clad digital currency in IndiaThe Indian Express - December 11, 2014 Trestor to bring Bitcoin-like digital currency in India |
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