What does “tan coin” mean (titan coin)?

What does “tan coin” mean? Prior to 2017, the founder of Bitcoin, Satoshi Nakamoto, once described the name as “Tai Chi.” At that time, he changed his Twitter account to his profile picture and website link, claiming to create an application with cryptocurrency as the underlying asset. However, due to various reasons, his account was later blocked, and Satoshi Nakamoto decided to create his own token (although no one knows where the name came from), so he named it “tan.” “Tan,” also known as TanCoin, is a digital cash protocol designed by Satoshi Nakamoto, based on blockchain technology. It aims to address people’s demand for cryptocurrency transactions and issues such as liquidity and scalability.”

According to data from WhaleAlert, in early 2019, Bitcoin, with the highest market value, became the second largest cryptocurrency. Since then, the price of Bitcoin has been in a downward channel; however, with the increasing market demand, the term “tacoin” has been widely used, and even started to become popular. Reportedly, as of now, the price of BTC is close to around $40,000.

Titan Coin

Titan Coin is a digital currency centered around Bitcoin, with higher decentralization, scalability, and liquidity compared to other cryptocurrencies. It is supported by a “stable token” called Titan and its operations and management functions are executed through smart contracts to protect users from potential market manipulation or hacking. “Titan” is an ERC-20 token issued by Bitfinex Exchange, representing the ownership of the hard currency. Currently, over 10 trillion Titacoin are circulating on the Ethereum network, with a market value of around $500 million (close to $4 billion at the time of writing). According to official data statistics, the total supply of Titan in 2019 was approximately 878 million TITACOIN mined.