Hello,
I think all these features already exist on other cryptocurrencies, so you haven't brought anything new ?
Some diferences from other CryptoCurrencies.
- 60 minutes block time, the standard is 10 minutes, 1 confirmation of TrustNet will have the same insurance of irreversibility of 6 Bitcoin confirmations and around 30 Monero confirmations, the big rage is small transaction times we are contrarian and think higher block times are better and are looking for Miners that agree with us.
Can you make a list of CryptoCurrencies with a higher block time than 10 minutes?
- Able to run a full node on a android smartphone, you can run a Monero full node but you will have a 35GB size blockchain (3,5 years of data) not very practical, we expect to keep the size of the blockchain very low and with the same rate of adoption as Monero we expect to have a 10x lower size around 1GB per year, so will make it viable in the future to continue to run a full node on your smartphone.
We think that being able to run your own full node is essential.
Block reward distribution.
- 30% reward for running a full node, I don't know of other cryptocurrencies that, we believe that full nodes are very important for the health of the network.
- 10% to be airdroped to poor people on developing countries
- 10% allocated for development will give the users the guarantee that the project will be supported without relying on donations, we think the Monero development team is fantastic but have been probably caped by not having a direct allocation of funds like for example Dash as.