Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Titcoin [TIT] - The cryptocurrency for adults!
by
Gandalf86
on 25/10/2019, 10:13:28 UTC
Is this coin still affiliated with ttc coin I know they owned this coin at sometime. Just trying to wrap my head around what’s going on here?!

Yes I can imagine it looks a little confusing from the outside. The fact is that Titcoin was never really affiliated with TittieCoin. The TTC developers bought the Github and Twitter accounts of Titcoin about 1.5 years ago and claimed that it's their coin now, but that's basically it. They never released any updates. The only other thing they did was offering a swap to their newly premined TTC v2 chain back then. So I simply created a new Titcoin wallet in a new repository that is used by most Titcoin users nowadays. (https://github.com/titcoin/titcoin)

The lesson of this is that a cryptocurrency can never be "owned" by anyone, which I understand can be a confusing concept to wrap one's head around. The developer of a wallet can decide what the wallet does, but users are free to choose among existing wallets as long as they are compatible with the existing blockchain. Or even make their own wallet. So the actual consensus depends on what most users of the blockchain agree on.

Hope that helps? Smiley