Titcoin
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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].
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.
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[2]. The founders are Edward Mansfield, Richard Allen and an anonymous third party from the world of finance[3].
References
- VICE Canada (June 2014)
- Gizmodo UK (June 2014)
- Titcoin About Us