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INTRODUCTION ........................................................................................................................... 2
BACKGROUND .............................................................................................................................. 3
NEED OF ALTERNATIVE PAYMENT METHODS .......................................................................4
THE TECHNOLOGY ...................................................................................................................... 5
ADVANTAGES OF DECENTRALIZATION ...................................................................................8
ANONYMITY .................................................................................................................. 8
SUPPLY........................................................................................................................... 9
INFLUENCE .................................................................................................................... 9
INVEST WITHOUT BORDER ....................................................................................... 9
TRANSPARENCY ......................................................................................................... 10
INSTANT REMITTANCE............................................................................................. 10
WHY TAURUS COINS? ............................................................................................................... 11
PROFITS...................................................................................................................................... 12
TRADING...................................................................................................................... 12
LENDING ...................................................................................................................... 12
STAKING ...................................................................................................................... 12
MINING......................................................................................................................... 13
THE COMMUNITY ...................................................................................................................... 14
DEVELOPMENT TEAM............................................................................................................... 14
MANAGEMENT TEAM................................................................................................................ 14
CONSULTANTS TEAM................................................................................................................ 14
THIRD PARTY PARTNERS........................................................................................................ 14
AFFILIATE PROGRAM ............................................................................................................... 15
INVESTORS.................................................................................................................................. 15
MARKET OVERVIEW ................................................................................................................. 16
DISCLAIMER................................................................................................................................ 18
CONCLUSION............................................................................................................................... 19
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INTRODUCTION
Money transactions and payments have been boomed in the past few
years due to the increase in number of enterprises and businesses.
Whether you own a small business, e-commerce, large scale industry or
a retail store, online payments and transactions are a growing need in the
modern time.
Taurus coin is a method which is very secure and save. All the payments
are processed through secured servers which are fully protected against
any sort of hacking attack. It is accessible anywhere and everywhere, all
the time. Though it is a digital currency which exists electronically it has
very similar properties to physical currencies like the dollar. It is peer to
peer electronic system which is similar to Bitcoin yet very much different.
Taurus coin is fast, safe and very user friendly too. Using Taurus coin for
payments and transactions is very easy compared to the traditional
methods and can be used by almost everyone.
Even after all the advantages, Taurus coin is very economic too. It is a
currency which charges the lowest fee, despite of all the advantages over
the traditional methods. Taurus coin charges you with a very nominal fee
for all the payments and transactions. Even in case of international
transactions and payments you are only charged a very nominal fee,
which is among the lowest fee charged by any type of transaction
methods.
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BACKGROUND
Thousands of fiat currency based payment gateways are available in the
market. The big companies choose it accordingly. However, there are
some problems, which generate infinite non-resolvable issues for the
payment gateway users (you can say customer of the company). So, what
is the problem with regular payment gateways? Here we sorted out few
of them.
In short, if you are planning to overcome all those issues such as long
waiting time to process payments, international transaction rates, less
security of your customer account information. In that case, Taurus coin
gives you a total benefit.
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NEED OF ALTERNATIVE PAYMENT METHODS
As the need and pace of transactions and payments is increasing day by
day, the traditional methods involved for transactions require to be
upgraded or changed. Gone are the days where the payments were
carried out once or twice in a payment. As the technology and growth is
growing each day, the modern businesses and people carry out numerous
payments and transactions on a daily basis.
So, gone are the time when you had to stand in queues, filling up typical
and complicated forms for payments or transactions. Time is very
precious in the modern time and nobody wants to spare time for such
processes.
In the earlier days, the payments and transactions were very much
limited to the national boundary. There was hardly any overseas
payment, but in the modern time, international payments are a daily
thing. Whether you want to pay your supplier located in any other nation
or you wish to transfer money to your family or friends located in any
other country, the traditional methods charged you a heft amount for
processing the international payments. The currency conversion rate
was also high and the payer as well as the receiver were supposed to bear
the losses incurred by the charges and conversion rates respectively.
To overcome all the mess and chaos involved in the traditional methods,
there was a need for something revolutionary to help ease out the
process of payments. It should be safe, secure, fast, user friendly and
economic all at the same time.
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THE TECHNOLOGY
With the introduction of crypto currency, the block chain technology has
developed and evolved by leaps and bounds. The block chai technology has
revolutionized the financial needs and helped crypto currencies to flourish in
the market.
Almost all the crypto currencies today work on the block chain technology.
Blockchains are very secure by design and work on the concept of distributed
computing. Since they are decentralized, they are very apt for transaction
processing needs and record management.
Since the data is decentralized and not being present at a common central
location, the block chain technology is very much safe from hacker attacks and
it’s almost impossible to crack the network. Also, decentralizing makes the data
transparent to everyone involved in the chain.
Block chain technology is the foundation of crypto currency and is the next
“industrial revolution.” It is a decentralized ledger system with enhanced
security, is simple in design and inexpensive to operate. This system allows for
transactions to be done with complete accuracy because it is a fusion of
computer peer-to-peer (p2p) technology, cryptography and database systems.
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The fusion of these technologies leads to a data-storage system that is
immutable and irreversible, meaning that transactions cannot be modified
after signed and added to a block chain. Deals become final, and there is no
double spending. Cryptography not only utilized for encrypting messages on
the ledger but is also used to sign the transactions of users and to prove these
transactions are valid. With cryptography, block chain does not require extra
security solutions to protect the authenticity of operations.
Block chain’s decentralized and p2p nature means that the ledger eliminates
the need for a data-center and a disaster recovery center (DRC). The result is
that the ledger will always be up and running.
Taurus Coin incorporates the best features of POS-based crypto currencies.
Taurus Coin's users can achieve better decentralization, transparency, privacy,
and cost-efficiency in their financials. Low energy consumption, ease of use,
and better network participation incentives work in line with doubled network
capacity, smart contracts, lightweight wallet, and cloud mining to provide
people from all over the world a worthwhile, stable, and more reliable way of
handling their financial needs.
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As mentioned above, the only thing that nodes within a POS cryptocurrency
need to do to is to maintain the security of the network itself. Therefore one
needs to have a certain amount of coins in the wallet and keep the wallet online
to be eligible to earn. This mechanism eliminates the human factor in the
mining/forging process and helps to avoid spending massive amounts of
electricity on creating coins. It is the backbone and the most laconic property
of the Proof-of-stake algorithm.
If the data in the last block is false, then distributed consensus among active
members of the network will not be reached, and therefore this block will not
be signed, avoiding the possibility of various kinds of attacks that jeopardize
the system integrity or allows for double spending.
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ADVANTAGES OF DECENTRALIZATION
There are various innovative money payment systems in the market
today, many of which are built on platforms like the mobile phone, the
Internet, and the digital storage card. These alternative payment systems
have seen encouraging or even continued growth, from the likes of
PayPal, Apple Pay, Google Wallet, Alipay, Tenpay, Venmo, M- Pesa, BitPay,
Moven, BitPesa, PayLah!, Dash, FAST, Transfer wise, and others. Beyond
payment systems that are based on fiat currency, the growing use of
digital currency allows for faster, more flexible, and more innovative
payments and ways in financing goods and services. One digital currency,
however, stands out among the rest.
Anonymity:
Such currency allows people to make The Face of Anonymous. e.g.; hide
the transactions while remaining totally anonymous to enhance the
privacy. This means that if you purchase something online with the help
of Bitcoins, there is little chance of that transaction being tracked.
Decentralized currency makes transactions very similar to cash
exchanges. This is different, however, from using a bank account where
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your private details are disclosed through the account number. While, in
terms of the TRC payment gateway all of your transactions are totally
anonymous and never being tracked.
Supply:
Influence:
Decentralized currency does not have influence of any authorities and its
price is only derived by its users. This means no one central, national, or
even international entity is in charge of currency. That is the meaning
behind "decentralized". This internet currency is the first ever currency
to be able to Function like this. No other currency before Bitcoin was
created was decentralized. The value of all currencies that are not
"internet currency" are determined some type of government or entity.
Because of this, Bitcoin or any other decentralized internet currency
cannot be manipulated for personal gain.
Secure:
Transparency:
Instant remittance:
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Why Taurus Coins
Taurus coins is among the best digital cryptocurrencies available in the market,
but what makes us say that?
Some of the features of Taurus coin which make it the most apt payment
method and currency include:
Top Notch Security: Taurus coin uses very advanced servers working on
blockchain technology. The blockchain technology protects your account from
any sort of possible attack from hackers. The distributed computing network
protects the account and transactions from any sort of interference under any
circumstances.
Global reach: Taurus coin is not bound by national borders. It can be used
across the globe for payments and transactions. So no matter where you are
located and where you want to pay, Taurus coin will handle it all.
Super-fast speed: Using Taurus coin, the transaction occurs at blazing fast
speeds. It is the fastest cryptocurrency available today. Any sort of payment or
transaction is confirmed within seconds, thanks to the advanced technology
involved in creating and managing Taurus coin.
Extremely User Friendly: Taurus coin has developed some very easy to use
apps to help you with your transaction needs. Just a few clicks and you are done
with your payment needs.
All the above advantages make Taurus coin, one of the best digital
cryptocurrencies available in the market.
It is safe, fast, economic, global, user friendly and also being economic at the
same time. So you are getting all the features required for being the best, and
that too at the lowest price.
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PROFITS
The prelaunch period is the period where you can buy as many Taurus
coin as you want. The profits earned through the prelaunch helps us to
fund our activities for developing the team, acquiring the resources,
building market reputation. Once we are set up in the market and the
product is ready for the launch, expect decent profits as the price would
increase rapidly. The sooner you invest by buying the coins, the more
profit you earn. This is the time to buy the coins at the best price and earn
good profits once the coin is launched in the market.
Trading
Once the prelaunch ends and exchange will be live which will help you to
buy or sell the coin. You can deposit your Bitcoins and then buy Taurus
coins from the TRC exchange. Using the TRC bought, you can start trading
and thus sub sequentially earning good profits.
Lending
You can deposit your Bitcoins and buy Taurus coin from the TRC
exchange, you can then lend your TRC and earn profit every day. Lending
pack would guarantee your daily profit, the monthly profit can be up to
45% and the annual profit is extremely significant, which would
guarantee you a considerable increase in investment assets in the long
run.
For most people, securing a profit up to 45% monthly is not easy at all. So
Taurus Coin Lending program is the gateway to your financial success.
Staking
You can deposit you Bitcoins at the TRC exchange and then Taurus coin.
You can then deposit you Taurus coin in your Windows, Mac and Linux
wallet. The profit depends on the amount of coins deposited by you. The
higher the coins the more will be the earned profit. As Taurus Coin’s
blockchain technology will give you bonus you when you hold your coin
and your coin will be used to stake. It is a way to confirm transaction for
the system, the more you keep Taurus Coin, the more bonus you earn
from Staking. This means that if you just hold your coin in your wallet
over time, and your coins are not used for Staking, you could miss
substantial benefit. So, if you have Taurus Coin that you are not involved
in lending or trading then you should be involved in staking. With
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Taurus Coin, you are always guaranteed to earn profit in one way or
another.
Mining
You can also earn profits by mining Taurus Coin. You need to invest in
hardware resources, (CPU and GPU) and using POW for mining Taurus
Coin. You just need to download miner for mining TRC and start Taurus
coin mining.
For each block being mined you will be getting 60 TRC. There are two
ways of mining, solo mining. You can choose between solo mining. You
can visit our website www.tauruscoin.com for more information.
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THE COMMUNITY
Creating and implementing such an idea requires a vast amount of effort
which couldn’t be possible without a proper team. Taurus coin is no
different with number of teams involved in executing the TRC. The teams
include:
DEVELOPMENT TEAM
This is our key Team, on whom we have invested a huge amount of
budget so that our Team could continually improve and generate
outstanding and stable technology value for Taurus Coin. It is our great
honor to have a chance to work with the most talented and leading
groups in our digital currency field. We commit to cooperate and try our
best to provide you with the most advanced and breakthrough products
and services.
MANAGEMENT TEAM
A remarkable success requires a long term vision as well as leading
management experience, that is the reason why we decide to work with
the most experienced and talented managers in technology, marketing,
business field.
CONSULTANTS TEAM
Instead of wasting time on things that has not been approved to be
feasible, we choose to work with experienced and successful people, who
know what to do to realize their financial success with a number of
projects and what to do to help others to do so.
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AFFILIATE PROGRAM
Affiliate program is a great way to expand our Taurus Coin user and
investor community. Taurus Coin affiliate bonus is our recognition to our
contribution to the development of the whole Taurus Coin community.
With all of the technology out there along with our Affiliate program, it
costs no money to get started and it could not be simpler to earn money
with TRC. We truly believe that this program has the potential to change
lives for better with minimal risk and the prospect of major returns. You
literally have nothing to lose else with our Affiliate program. Your life as
a successful digital currency investor can start today with TRC affiliate
program. Taurus Coin provides you with a number of tools of which you
could make use of them to build your own affiliate network.
INVESTORS
All types of business including traditional business, e-commerce business
and all kinds of individuals who need to transfer money to their clients,
suppliers, or to their friends and families. Beside those people with
particular usage purposes, investors will use Taurus Coin as a way to
diversify their investment portfolio. Those investors invest in Taurus
Coin as they believe that with the expansion of Taurus Coin community
and the development of Taurus Coin outstanding apps, Taurus Coin price
will increase over time.
Investing in Taurus Coin today is your investment for the future. Despite
our desire, advanced payment applied blockchain technology will
gradually replace the traditional payment model today.
You can book decent profits in Taurus coins using the above methods of
trading, staking, mining and lending. The prelaunch period is the best
time to invest in Taurus coin as after the launch or when the pre-launch
sale ends, the prices of Taurus coin will increase significantly. The earlier
you invest, the more profit you can expect. If you invest in Taurus coin in
the pre-launch period you can expect good short term profits.
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MARKET OVERVIEW
Cryptocurrencies are at a turning point in 2017 with popular consumer
based trading platforms such as Coin base making it easier for investors
to purchase cryptocurrency.
The two largest crypto currencies Bitcoin and Ethereum have gone up
895% and 2896% respectively in the last 12 months. The appetite for an
alternative to government backed currency is increasing and investors
are speculating.
With national debt spiraling out of control our belief is that hyper-
inflation is now inevitable. The stock-markets are at all-time highs and
due a crash by historical statistics. If these two factors happen together a
lot of funds are going to be moved in to the cryptocurrency space. Bitcoin
has the first mover advantage and Ethereum has a superb smart contract
platform which has become the standard for altcoin ICO’s.
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Made when it comes to ease of use. Purchasing cryptocurrencies,
especially at ICO is extremely challenging for non-technical users.
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DISCLAIMER
This whitepaper does not provide any type of legally binding contract.
Taurus coin Limited does not accept any legal liability arising from the
material contained in this whitepaper. Anyone looking to invest in
cryptocurrency should seek professional advice regarding tax
regulations and legislations in their local area.
The material provided here represents our current plans for the
cryptocurrency platform. The details may change (including ICO
distribution plans) and should not be considered finalized. Taurus coin
co-founders and employees do not offer investment advice under any
circumstances. No entity is legally bound or contractually obligated by
the transferring of Taurus coin tokens or fiat currency. Contributions
from investors should be seen as that, a contribution towards the project.
Taurus coin Limited and all persons associated with the company are in
no way arranging, dealing or advising on regulated financial investments.
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CONCLUSION
Taurus coin is more than just a coin. It’s a technology poised to disrupt
the entire payment industry covering peer to peer payments and mass
payments. It is like of a revolution in the peer to peer cryptocurrency
payment world.
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