Tau is a cryptocurrency that is easy to mine, with minimal Android power.
The proposal of TAU is an original consensus mechanism POT(Proof Of Transaction). It uses on-chain historical accumulated transactions to realize who can propose a new block. Block reward in the form of transaction fee for miners. The transaction fee is the only income for miners with the generation of 10 billions Tau in the first block ever. For every address, the probability of generating a new block is exactly in linear proportion to its historical transaction. This sum is called mining power, an analogue to hash power in Bitcoin. TAU uses similar methods to produce random number among numerous mining addresses, realign block interval times and to take care of temporary chain forks.TAU uses the reliable Bitcoin cryptographic technologies with its block structure designed to support mobile phone mining for decentralization.
Blocks are organized in a way similar to Bitcoin, with block header containing minimum parameters such as timestamp, hash and public-key.TAU uses specially designed peer-to-peer best-effort broadcast and transaction pool to traverse the mobile NAT and firewalls, as a method of communication .
The basic unit of TAU coin is TAU. It is divisible to 2 decimal places with the smallest unit 0.01 TAU.The proposition is that pure blockchain design should only have single primary utility, either p2p payment, ICO, anonymous or speed.
Learn more at https://www.taucoin.io/
