TAUcoin debate daily topic 10/22/2018
As we are doing research on mobile mining, the first issue is communication. Peer to peer network forms the basis of Bitcoin. However, communication on mobile devices, such as phones and tablets, are usually managed by WWAN provider. Is it possible to build a peer to peer network for mobile devices? There already exist ad hoc solutions.
Today is supposedly the reopened of TauX but based on Imorpheus announcement, the team decide to postponed the exchange due to premature of the platform and the factor that taux cannot handle bulk amount as of the moment.
I think its possible to gain peer to peer on mobile there are lots of other projects already doing this will not mentioned all. We can't deny that some are disappointed with the postponed of the taux but the platform still need to be perfect yet and building a solid mainnet is a good move before releasing the taux. Also I noticed encouragement to use peer to peer, on the announcement but this will not be easy for those holders. Why? In order to do a peer peer, there are lots of factor along the way such as trust, valuation of the coins, the taucoin doesn't have an ICO and the people cannot set the value of it properly. Scamming can rise from it due to no trust doing it with one another. At least escrow service for this is also good solution but it will hassle on both parties since they don't know or doesn't have idea about its current value.
I think the remedy for this is to linked on an external exchange or third-party liquidity platform so everyone can do the peer to peer with a system. I can see that taucoin needs massive transactions to rise potential value. But without an ecosystem where we can do it we cannot grow faster than expected.
Sorry that TAUX didn't work as expected. We need more mature platform and community.
Back to the daily topic. I was actually asking for ideas on mobile mining and its communication issue. That is, how we build a peer to peer network over which we send transactions and blocks, without potential censorship from App store (Apple) or WWAN service provider (Verizon).