## 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.

## Features

#### Fast Block Generation

TERA is the 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. The system ensures safe and easy management of your financial assets.

#### Double spending

Tera uses blockchain with pow consensus. This allows all transactions to be arranged sequentially one after another. Transactions are also executed sequentially. When withdrawing from the account, the necessary amounts are checked. At the time of write-off, the counter "OperationID" is incremented. Each subsequent payment transaction must have the following "OperationID" number to prevent the same transaction from being applied multiple times.

#### Protection from DDoS attacks

The professionalism of the team’s developers allowed the creation of a unique algorithm for protecting the system from DDOS attacks and various types of intrusions. All data and funds are securely protected.

#### Desire to Develop

Every day TERA develops, trying to keep up with the times. Specialists are constantly upgrading and improving the project.

## Technology

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

## Updates

v. 0.897 | The API-2 is designed to make it easier to write third-party applications. Server-side cryptography and POW operations are performed. Therefore, it is not recommended for public access, because it is not protected from DDOS attacks. Use it if applications such as the exchange server are on the same private network.

v. 0.884

- Will be enhanced the behavior of the constants COREY_WATCH_DOG. If you will be the number 2: "COREY_WATCH_DOG": 2, instead of an overload will just trim the blocks on the 5000, it will save time filling out the memory hashes. I. e. mining will practically go without interruption

v. 0.880

- It contains API Protocol improvements for DApp.

v. 0.877

- Today will be an update. The update improves work of DApp.
- The update is optional — you can skip it.

v. 0.867

- Made Protocol support light-wallet, fixed a bug in validate download chains.
- The update is optional and can be skipped.

Full Changelog

## Roadmap

Oct 2018

- Smart-contracts

Nov 2018

- Decentralized forum
- Decentralized stock exchange

Dec 2018

- Web wallet

Q1 2019

- Android/iOS wallets

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