Terracoin

Terracoin, also known as TRCoin or TRC, is a peer-to-peer cryptocurrency utilizing a proof-of-work system under the SHA-256 algorithm.

Terracoin was created by an anonymous developer on 26th October 2012 and is based off the Bitcoin protocol.

Specifications

The Terracoin algorithm has limited the total number of coin creation to 42 million. Each block is generated every 2 minutes and every 1050000 blocks the reward halves. The coin uses decentralized governance and can also send transactions instantly. Terracoin is currently available on 6 exchanges.

Terracoin has slightly moved away from the Bitcoin model by moving into merged mining, that is to say the mining of the coin is only available through a similar SHA-256 coin like Bitcoin or Namecoin.

Links

Official site: Terracoin.io SubReddit: Reddit

This article "Terracoin" is from Wikipedia. The list of its authors can be seen in its historical. Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one.

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