tera/Source/SITE/CONTENT/en-index-about-text.md

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2019-03-18 15:36:08 +00:00
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.
Traditional blockchains do not use the ordering of nodes with each other. This random organization of links does not guarantee fast delivery of blocks between all nodes. In Tera, nodes organize themselves into an orderly manner of communication.