TorCoin offers several important features that Bitcoin does not. First, TorCoin rewards people for running a TOR node. Whereas Bitcoin transactions are completely traceable, TorCoin enables you to send coins anonymously. There is never any need to 'mix' or 'anonymize' your TorCoins - they are anonymous by default. TOR is fully integrated with TorCoin, which means that a snoop or attacker watching your internet connection will not know if you are using TorCoin - and other TorCoin users cannot determine the physical location of your Torcoin node. TorCoin also offers encrypted end-to-end messaging between TorCoin users.Torcoin is a hybrid cryptocurrency utilizing the X11 hashing algorithm (11 rounds of different hashing functions) with the Proof-Of-Work consensus, transitioning to Proof-Of-Stake after 2 years. Torcoin provides full Tor integration with the Tor Onion network. Stealth addresses are available for the anonymous sending of currency through the network. Encrypted messsaging is also available in Torcoin, enabling users to send encrypted messages to other Torcoin users. A total of 12 million TOR will be created before the Proof-Of-Work phase ends and Proof-Of-Stake begins. During the Proof-of-Stake phase, small emissions of coins will be issued each year for the purposes of staking. Staking will be 5% per year. Block Times in the Torcoin network occur at 60 second intervals. The Block Reward schedule is set to halve every 6 months from the start with a reward of 1 TOR per block.