Cameroon Government Implements Centralized Altcoin Trest (Op-Ed)

By June 24, 2015Bitcoin Business

The government of Cameroon has implemented a centralized, insecure and potentially dangerous blockchain protocol and currency Trest in their project to enable the unbanked to transfer money quickly without transaction fees.

Unlike Bitcoin, transactions on the Trest blockchain are not verified by miners or any entity incentivized by the network. The developer of Trestor , Kunal Dixit , has said: “The Trestor Network (T-Net) is not powered by miners but volunteers, because T-Net is not […]

Leave a Reply

All Today's Crypto News In One Place