TUSC Swap Links and Tutorials

The window for swapping your OCC to TUSC will run from September 1-30, 2019.  The process has been tested using MetaMask and Trust wallet, and should be compatible with any Ethereum wallet with a built in dApp browser.  You’ll find a list of links that might help you with the swap process below:

TUSC is a decentralized community project, and community members are encouraged to create their own tutorials and help documents in other languages, or for other wallets.  Please drop a link in Telegram so everyone can see what you’ve created!

“Gun Friendly” TUSC Cryptocurrency Begins Token Swap

FOR IMMEDIATE RELEASE

“Gun Friendly” TUSC Cryptocurrency Begins Token Swap

New Gun Friendly TUSC Cryptocurrency Created its Genesis Block and Initiated its Token Swap

Salt Lake City, UT – September 1st, 2019 – The Universal Settlement Coin (TUSC) announced today that they successfully created the genesis block for their new blockchain and began their 30-day token swap period.

Rob McNealy, TUSC’s CoFounder, said: “We are excited to announce that we have created the TUSC genesis block and have started our swap. Our community of volunteer developers worked nearly a year to get us to this point and I could not be prouder to have been a part of this fine group of passionate and dedicated professionals.”

McNealy continued, “TUSC was purposefully designed from the beginning to solve a problem for American firearms retailers, which have a recognized problem with traditional banking and payment processing. Even though the industry generates more about $50 billion dollars of revenue annually, retailers still struggle with getting banking and merchant accounts. When they can obtain them, they are charged excessive fees and have difficulties with chargebacks. TUSC solves many of these problems, and so far, the industry has been very receptive to our project. Retailers have already committed to accepting TUSC as soon as the payment gateways are completed.”

About TUSC

TUSC is a Non-ICO, fully decentralized, delegated proof of state (DPOS), community driven cryptocurrency project. No one owns TUSC. There is no CEO or management team. All decisions about TUSC are made via community proposals from the holders of TUSC.

OCC to TUSC Swap Tutorial – MetaMask

The window for swapping your OCC to TUSC will run from September 1-30, 2019.  The process has been tested using MetaMask and Trust wallet, but it may be possible to complete the swap using other wallets which have dApp browser functionality.  To swap your OCC to TUSC using MetaMask, opening the following swap page at swap.TUSC.network and then follow the steps below.  If you’re looking for a different tutorial, check the list:

Generate New TUSC Keys

  1. Review the instructions on the main swap page and then click the links at the bottom to visit the registration page at https://swap.tusc.network/registerer.html.
  2. Generate new TUSC keys by clicking the button labeled “Get new keys and key phrase.”
  3. A new set of keys will be displayed. Copy and save the private and public keys and key phrase in a secure location.  TUSC does not record these key sets, and they cannot be recovered if you lose your keys.

Name Your TUSC Account

  1. Scroll down the registration page to the section labeled “Register a TUSC Account
  2. Paste your TUSC public key into the box labeled “Your public key.”
  3. Type your desired account name into the next field and then click the button labeled “Register new TUSC account.”
  4. A message will then display below the button.  Copy and save the information along with your keys.

Send Your OCC

  1. Ensure that you are logged in to MetaMask.
  2. Visit the swapper page at https://swap.tusc.network/swapper.html.
  3. If this is the first time you’ve swapped in this browser, a popup will ask you to allow the swap website to connect to you MetaMask wallet.  Click “Connect” to proceed.

  1. After connecting, use the dropdown to select the ethereum wallet address which contains your OCC.
  2. Then enter the TUSC account name you created above in the field labeled “TUSC Account name (to swap OCC into).”
  3. Then click “Approve Full OCC Balance Swap”.

  1. A pop up will ask you to confirm that you’ve entered your account name correctly.

  1. After you click “OK” a MetaMask window will open.  MetaMask will automatically suggest a gas amount, but you can change it by clicking “Edit”. Note: MetaMask may automatically calculate a very high gas limit for this transaction.  You can change the limit to 100,000 and change the gas price based on the current safe low on ethgasstation.info.
  2. Once your gas is set properly, click “Confirm” and then a second confirmation window will open.  You may see an error about a contract exception.  This will not impact your ability to complete the swap.
  3. Click “Confirm” again, and your transaction will be sent.

  1. Once your transaction is confirmed, you can click the link labeled “Transaction Results” to view the OCC transaction on Etherscan.
  2. Once your OCC transaction is completed, it will take at least 15 minutes for you to receive your TUSC.
  3. To check the balance of your TUSC account, enter your account name in the field as shown below, and your balance will be displayed.

  1. You can follow the overall progress of the swap on the swap stats page at https://swap.tusc.network/swapstats.html.

TUSC Swap Rescheduled for September 1st

Based on current progress towards the TUSC swap and mainnet launch, we’ve reached the conclusion that we cannot meet our planned swap date deadline  of July 15th.  After evaluating our current progress, we plan to open the swap for 30 days beginning on September 1, 2019.  We understand that many of you will be disappointed or frustrated, but we know that rushing towards launch without being fully prepared could lead to bigger problems than this short term delay.

One of our primary concerns in making the transition from OCC to TUSC is ensuring that all of the necessary pieces are in place to ensure that the swap occurs without error and our new blockchain functions as expected at mainnet launch.  This involves finishing and testing multiple interdependent products including the blockchain itself, a block explorer, wallet, API documentation, swap server, tutorials and help docs.

There are many benefits to launching a community project.  We are enormously grateful for the hours that developers and other volunteers have invested so far, and their commitment to seeing this project through to launch and beyond!  Sometimes, however, community driven work takes extra time to come together.

We appreciate your patience, and look forward to a successful swap in September!

Swap Date Announced!

We know you’ve been waiting anxiously, so we’re excited to announce that the date for the swap from OCC to TUSC has been set.  The swap window will open on July 15, 2019, and swapping will be available through August 14, 2019.  You’ll be able to swap 2 OCC for 1 TUSC, creating an initial TUSC supply of 50 billion.  After the swap, OCC will be delisted from exchanges.

The swap process will involve using a DApp to send your OCC to a designated wallet address.  The swap website and detailed instructions will be shared here, and on all of our official TUSC social media accounts when the swap window opens.  In the meantime, if you’re interested in participating in beta testing, or becoming a block producer, reach out to the TUSC team on Telegram.

New Cryptocurrency Project Targets the Gun Industry

Original Crypto Coin is relaunching as a new “gun friendly” digital currency called TUSC.

Salt Lake City, UT – October 9th, 2018 – Original Crypto Coin (OCC) announced today that they will be relaunching their ERC-20 token project on their own “gun friendly” blockchain called TUSC (The Universal Settlement Coin).

Rob McNealy, OCC’s Cofounder, said: “As gun owners, and ardent defenders of the right to self-defense, we know that the gun industry is constantly under attack.  We wanted to create a gun-centric crypto to act as a “continuity of business” payment system for gun retailers. Due to their decentralized nature, blockchain technology and cryptocurrencies simply can’t be shut down by “activist” banks.”

McNealy said: “We are in the dial-up modem stage of cryptocurrency, however, a recent poll showed that half of all millennials are interested in cryptocurrency, and up to 18% already own them. Cryptocurrency and blockchain technology are the future.”

Original Crypto Coin has recruited a new development team and many new advisors to oversee the transition to their new blockchain. More detailed announcements about the transition will be made over the next few months.

 About Original Crypto Coin

Original Crypto Coin, L3C is registered as a “low profit” L3C company in the state of Utah, USA. OCC’s stated mission is to educate people about using crypto currency. When they launched, OCC distributed 56 billion tokens for free in the largest “no strings attached” self-drop in crypto history.

 

Potential Cryptocurrency Hacks and Vulnerabilities

People and organizations that participate in cryptocurrency exchanges are extremely interested in security measures. That’s because the high value digital currency is especially attractive to cyber criminals. Of course, being vulnerable to attacks can be calamitous to participants. That’s why it is important for investors to understand the top hacks and security concerns about cryptocurrency.

Cryptocurrency Exchange Vulnerability

Cryptocurrency exchanges are the online platforms where participants can exchange funds. Hackers are always looking to manipulate code to intercept these trades. When there are errors in the code or other vulnerabilities, it’s possible to experience a breach. When the hackers successfully exploit a vulnerability, funds can be drained with little ability to react quickly.

Historically, there have been many successful hacks of cryptocurrency exchanges, which  range from recognizing and using programming mistakes to taking advantages of security lapses. From the earliest successful hack of Mt. Gox in 2011, to the current day, it’s a given that hackers will continue to frequently direct attacks at cryptocurrency exchanges due to the large number of coins in their possession. Developers should take all possible precautions when testing security measures to preserve the exchange’s integrity, and users should carefully consider the safety of leaving cryptocurrency on vulnerable exchanges.

Wallet Vulnerability

Cryptocurrency hardware wallets, the small electronic devices that facilitate the storage and use of the private keys that secure cryptocurrencies, are packed with security features. Unfortunately, hardware wallets can still be exploited by hackers. For example, a hacker managed to interfere with the insecure micro-controller located within a hardware wallet to install malware.  A security breach like that could leave an investor’s cryptocurrency funds vulnerable to theft.

As the technology for digital wallets improves, manufacturers work hard to stay one step ahead of hackers who are targeting the devices. They will continue to include better  tamper-resistant features that keep funds safe within the wallets. However, one of the easiest ways to ensure the safety of your hardware wallet is to only purchase them direct from the manufacturer, or authorized retailers, and to check the packaging for any evidence of tampering.

Selfish Mining

Mining is the process that verifies cryptocurrency transactions and adds them to the public digital ledger, called a blockchain.  As the name implies, selfish mining happens when a miner (or a mining pool) chooses to hold off publishing the block they have just mined until it is to their advantage.

With selfish mining, they hide the block from others by failing to broadcast it, and get straight to work on the next block. This gives them a significant advantage over other miners as they develop the longest chain and they reap the rewards when they broadcast it.  Once the selfish miners chain is broadcast and becomes the longest chain, other blocks become orphaned or invalidated.

51 Percent Attacks

Mining pools allow miners to consolidate their resources and increase their power, but this power can be misused in the form of 51 percent attack. When a mining pool has enough hashing power, they can manipulate and control the network’s mining power. They can disrupt cryptocurrency transactions and make some things happen in their favor. This disruption in the network makes it insecure and the mining pool could cause problems such as double spending or even reverse transactions. While it can be difficult and expensive to organize and carry out a 51 percent attack, it has been done before and should be considered a possible threat with cryptocurrency.

Hacks and security concerns are simply a part of cryptocurrency and developers must work hard to stay ahead of cybercriminals that are actively looking for ways to access valuable coins. Unlike financial activity that happens in a traditional financial institution, cryptocurrency transactions are difficult to reverse due to their nature. Because of the increased risks of cyberattacks, expect to see continual increases in security technology and strategies.

Contact the TUSC Team

If you have questions or concerns, fill out the form and we’ll respond as quickly as possible.  You can also find us almost 24 hours per day on our Telegram Channel. which is the fastest way to have your question answered.

Find out how TUSC can help you, your business, and the entire industry.