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Titcoin is one of the first industry-specific digital currencies, dedicated to the adult entertainment industry<ref>Bustle. [http://www.bustle.com/articles/29097-titcoin-is-a-bitcoin-esque-currency-for-porn-and-only-porn-and-we-cant-even "“Titcoin” Is A Bitcoin-Esque Currency For Porn, And Only Porn"]</ref>.
Titcoin is one of the first industry-specific digital currencies, dedicated to the adult entertainment industry<ref>Bustle. [http://www.bustle.com/articles/29097-titcoin-is-a-bitcoin-esque-currency-for-porn-and-only-porn-and-we-cant-even "“Titcoin” Is A Bitcoin-Esque Currency For Porn, And Only Porn"]</ref>.

It list listed on the exchanges Allcoin; RockyTrade; Bleutrade and Kingcoiny<ref>Cryptocoin News. [http://www.cryptocoinsnews.com/titcoin-making-adult-entertainment-payments-easier-everyone/ "Titcoin – Making adult entertainment payments easier for everyone]</ref>. There is a maximum of 69 million coins issued.
==History==
==History==
Originally conceived in November 2013, Titcoin was officially announced in January 2014 with a final build of the wallet compiled in February. Titcoin was formally launched to the public on June 21, 2014<ref>Design & Trend. [http://www.designntrend.com/articles/15814/20140623/porn-gets-currency.htm "“Porn Gets Its Own Currency "]</ref>.
Originally conceived in November 2013, Titcoin was officially announced in January 2014 with a final build of the wallet compiled in February. Titcoin was formally launched to the public on June 21, 2014<ref>Design & Trend. [http://www.designntrend.com/articles/15814/20140623/porn-gets-currency.htm "“Porn Gets Its Own Currency "]</ref>.
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*[http://www.menshealth.com/sex-women/who-buys-porn?fullpage=true Men's Health]
*[http://www.menshealth.com/sex-women/who-buys-porn?fullpage=true Men's Health]
*[http://www.bustle.com/articles/29097-titcoin-is-a-bitcoin-esque-currency-for-porn-and-only-porn-and-we-cant-even Bustle Magazine]
*[http://www.bustle.com/articles/29097-titcoin-is-a-bitcoin-esque-currency-for-porn-and-only-porn-and-we-cant-even Bustle Magazine]
*[http://www.timeslive.co.za/scitech/2014/06/24/meet-porn-s-new-cryptocurrency-titcoin Time's Live] (June 2014)

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{{AFC submission|||ts=20140913021443|u=Kbrzoznowski|ns=118}}

Revision as of 22:46, 13 September 2014

Titcoin is a type of digital currency, often referred to as a cryptocurrency, similar to Bitcoin. It uses a peer-to-peer network to securely process and validate transactions. Titcoin was specifically developed for the adult entertainment industry[1].

Digital currency is an electronically created medium of exchange that can be used to purchase products and services. It functions as a form of electronic cash whereby transactions occur through internet-enabled devices such as a computer, tablet or smartphone. Transactions are processed through a self-regulating computer network, bypassing the need for financial institutions and traditional payment processors[2].

Titcoin is one of the first industry-specific digital currencies, dedicated to the adult entertainment industry[3].

It list listed on the exchanges Allcoin; RockyTrade; Bleutrade and Kingcoiny[4]. There is a maximum of 69 million coins issued.

History

Originally conceived in November 2013, Titcoin was officially announced in January 2014 with a final build of the wallet compiled in February. Titcoin was formally launched to the public on June 21, 2014[5].

Titcoin was developed by a small group of cryptocurrency advocates who saw the adult entertainment industry as a conduit for bringing digital currency into the mainstream[6]. The founders are Edward Mansfield, Richard Allen and an anonymous third party from the world of finance[7].

References