# Tera foundation
Tera - Fast block generation, High transaction throughput, User-friendly

## About Tera

It is our great pleasure to invite you to join us to mine TERA, a coin that offers solutions for issues of existing cryptocurrencies, namely centralization, transaction throughput, transaction speed, confirmation times, transaction fees and general usability and difficulty of integration into existing payment and financial systems.

We have managed to create a blockchain with 1 second block time, 8 seconds for full confirmation of transfer and zero fees. On top of that TERA blockchain is capable of throughput of 1000 transactions per second while retaining all praised blockchain features and bringing huge possibilities for further development and seamless integration with existing infrastructure as well as with new emerging technologies.

## Key Features

#### Fast Block Generation

TERA is fastest block generation blockchain in decentralized blockchains. (Meaning that POS and the like are not decentralized...). With 1s block generation and 8s to confirmation, your transaction is near instant.

#### High transaction throughput

TERA blockchain is capable of throughput of 1000 transactions per second while retaining all praised blockchain features and bringing huge possibilities for further development and seamless integration with existing infrastructure as well as with new emerging technologies.

#### User-friendly

The coins are kept in accounts by analogy like bank accounts.

## Specification

Max Supply | Issue Date | Consensus Protocol | Cryptography | Smart contract language
--- | --- | --- | --- | ---
1,000,000,000 | 07/01/2018 | POW | sha3, secp256k1 | Javascript

Block Size | Pre-mine | Source Code | Explorer | Platform
--- | --- | --- | --- | ---
120 KB | 5% | sourceforge.net, gitlab.com | terafoundation.org | NodeJS

## Road map

Oct 2018

- Smart-contracts

Nov 2018

- Decentralized forum
- Decentralized stock exchange

Dec 2018

- Web wallet

Q1 2019

- Android/iOS wallets