[2] Titcoin's blockchain is derived from the Bitcoin source code, with modifications to improve transaction speed and efficiency.
[3] Titcoin is intended for the adult entertainment industry to allow users to pay for adult products and services without the fear of incriminating payment histories appearing on their credit cards.
[5] Titcoin was founded by Edward Mansfield, Richard Allen, and a third anonymous individual.
[6] The founders developed Titcoin for the adult entertainment industry as a cash alternative payment system for performing anonymous transactions.
[11][12] On May 29, 2017, Titcoin and its properties were acquired by the adult game development studio Joy-Toilet.