We want to build an exchange website known as Bittrader where many coins will be listed and the main pair will be the TRD Coin. Similar to Binance, some of the notable features of Bittrader include strong security, privacy, and untraceable features.
This whitepaper addresses the flexibility and privacy deficiencies with Bitcoin, particularly emphasizing traceability and linkability of transactions.
Our mission is to create a web wallet, phone wallet, and desktop wallets. We also aim to work on how to withdraw and deposit FIAT money through our platform.
STATEMENT TO THE PROBLEMS
• Present payment systems such as banks are very complicated.
• All information for the transactions is mainly accessible by banks and government agencies while unavailable to the general public.
• All information for the transaction is kept in a distributed network (ledger), which is provided with help of a distribution chain, called blockchain.
• Untraceable and unlinkable transactions with the help of cryptonote.
ABOUT TRD COIN
Forked from Masari, TRD coin is a secured decentralized currency. Bittrader will be like an automated web bank where business vendors can easily transact. The CryptoNote platform has been used in several cryptocurrencies and this algorithm is currently used for TRD coins.
We use the Ring Confidential Transactions (RingCT). This allows you to send TRD without being afraid that someone else can trace your transaction.
Some popular examples of CryptoNote-based cryptocurrencies using the same technology include Bytecoin (BCN), Monero (XMR), Aeon (AEON), Masari (MSR), Superior Coin (SUP), Boolberry (BBR), Ultranote (XUN) etc.
Apart from being based on CryptoNote technology, TRD uses a unique encrypted data transfer system that works on the principles of the blockchain.
Our goal is to further improve on the cryptonote protocol to provide a more secured, actively developed and well-maintained coin. One unique difference between TRD and other cryptos is the speed of transaction and increased security.
ABOUT THE CRYPTONOTE TECHNOLOGY
CryptoNote is an open-source application layer protocol that serves as the underlying technology for several well-known, decentralized and privacy-oriented cryptocurrencies. Some of its basic principles lie in advanced cryptography, an egalitarian approach towards decentralization, and censorship-resistance.
FEATURES OF TRD COINS
As a core cryptonote coin, we inherited the properties of the protocol and possess similar characteristics with other cryptocurrencies using the cyptonote platform.
To prevent sender identification, CryptoNote groups the sender's public key with several other keys (more precisely, it groups the sender's output with several other's outputs), making it impossible to tell who actually sent the transaction.
The cyptonote technology uses the ring signature to anonymize the sender of a transaction. If ring signatures are used, all possible senders referenced in the transaction are equiprobable and there is no way to determine the exact private key used while signing.
The Ring CT technology not only hides the amount being sent but also hides the funds from the public blockchain only letting the recipient and the sender know how much was sent.
TRD uses the CryptoNight hashing algorithm as its proof-of-work. This proof-of-work algorithm is designed to make both CPU and GPU mining roughly equally efficient and restrict ASIC mining.
CryptoNight Mining Algorithm:
Supports both CPU and GPU mining.
The idea of Bittrader (Exchange) and (TRD COIN)
ICO website development
ICO Platform launching with full solutions
Writing of the detailed whitepaper and publication
The test works on mining, web wallet, explorer
Wallet development and launching - Linux, Windows, MacOSX
Presentation video development
IOS and Android wallet development
KYC registration and licensing.
Coming more New Team members. Professional IT specialists, and blockchain specialists.
TRD Team conference at Latvia. Information will be provided.
Bittrader exchange platform development and launching
List TRD 5 largest Exchange platforms and Bittrader platform.
Listed in coinmarketcap, coingecko, cryptocompare and more.
Bittrader Exchange security upgrade and modernization.
Start development automatized web bank for Business vendors. Presentation and updates will be provided.
Investing in marketing
Start development app and web integration platform for business vendors to can accepted payments from customers.
List TRD 7 exchange platforms.
Accepting FIAT in Bittrader exchange. KYC registration is required.
Team conference. Talking about launching TRD Masternodes and TRD modernization - security.
Expected to do upgrade in blockchain Fork.
Expected buy first own hotel in Latvia where will be accepted TRD and calling BITTRADER HOTEL. Presentation and updates will be provided.
Finish app and web integration, coding and testing.
Finish developing our automated web bank for Business vendors and get firsts vendors accepting TRD.
Start the development of our app known as TAXi TRD with launching to follow. Customers can pay for a ride with TRD and FIAT money. Taxi drivers received FIAT.
Expected build largest in Baltic self-storage.
Open taxi company in Latvia calling TRD TAXI. On future in other countries
Bittrader Bankcard linked with Bittrader bank
We provide coming soon with more information about the future mission.