Post
Topic
Board Announcements (Altcoins)
Re: [ANN][VTR] vTorrent - Share with freedom | 2FA | HD | @Bittrex
by
The BTC Painter
on 18/09/2017, 02:38:15 UTC
Bee,

The VTR coin is the token for the ecosystem and there is a 'token' that we're assuming is swappable in the wallet for VTR that will be used on a payments channel for leeching/seeding payments once the DEV gets to that point.  As far as we're aware currently, there is work being done to integrate ZCash technology for fully anonymous transactions, originally the VTR token was based loosely on Shadowcoin among others.

My guess, and it's only a guess, is that we're waiting on a protocol such as BOLT (See https://z.cash/blog/bolt-private-payment-channels.html) so that setting up and closing payment channels, as well as all token and VTR transactions would be 100% private as any of us who have been here for a while can tell you is about all the DEV is concerned about.  Privacy and anonymity.  Also, the last we heard there was much work to be done to ensure that spoofing of seed/leach ratios was not possible through various methods as these would ruin the integrity of a market based system if one could cheat what their client was actually doing in terms of this.

So, pull up a chair and feel free to join the community run slack where we all speculate until were blue in the face about what's going on and where this project could eventually take us all.