+ This site uses cookies. You need to read the Privacy Policy and click "I agree" to continue.
+
+
+
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+{
+ "id":"1",
+ "post_url":"/blog/1-solving-the-blockchain-trilemma-tera.html",
+ "title_pic":"/blog/uploads/1/1_1.png",
+ "post_title":"Solving the Blockchain Trilemma — TERA",
+ "post_announce":"Bitcoin and Ethereum are the most widely recognized projects of the blockchain movement, seeking to replace our current trading, financial and economic system with one that is more decentralized and secure...",
+ "post_date":"06-March-2019"
+}
+
+=START=
+
+
+ Bitcoin and Ethereum are the most widely recognized projects of the blockchain movement, seeking to replace our current trading, financial and economic system with one that is more decentralized and secure.
+ We know that the TPS of Bitcoin is 7 although it’s considered as the most decentralized and security blockchain. Think of last bull run market,the all Bitcoin network got crowded and the transaction pool is full of transactions which led to the high transaction fees. Ethereum improves its scalability but it’s still not enough,still remember the cryptokitties?
+
+ EOS adopted the DPOS consensus but there are only 21 masternodes and it can freeze the account on its network. Now its TPS reaches nearly 4,000 and its scalability seems much better than Bitcoin and Ethereum. But nowadays we just think it centralized and some even wonder if it’s real blockchain or no.
+
+ Today I’m going to introduce Tera which aims to solve the Blockchain Trilemma. The total supply of Tera is 1 billion and it was issued in July 2018. It’s mineable and now only for CPU+memory mining
+
+ As a hash standard, SHA-3 provides certified security to users’ private key and high-speed encryption based on hard-device, so SHA-3 may be the most suitable for the future capital market. Thus its hashrate is in a higher position than SHA-2.
+
+ Although the block size is small(120 kb) but its block time is one second so it can transfer about 70 MB in ten minutes.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.
+
+ Now the devs are developing its website and mobile wallet including IOS and Android. I just created a website wallet to experience the fast transaction of Tera with 1 second block time, 8 seconds for full confirmation of transfer and zero fees. Thanks to the community and foundation, I finally got 100 Tera and it only took seconds to confirm it. According to the whitepaper, nodes organize themselves into an orderly communication mode, with the upper limit of transaction transmission between nodes being 100ms.(while every two nodes in bitcoin usually take several seconds, and more nodes will take more time.)
+
+ The hashrate of all network hits more than 6.000 GH/s and it grows nearly 1.5 X than last week. The nodes are now about more than 760, The higher hashrate and the more nodes, the network would be more security!
+
+ Exchanges
+
+ Currently, Tera is listed on several exchanges including QBTC, Bitalong,Bitmash as well as Citex. There is a built-in exchange on the website but the depth is still a problem.
+
+ Community
+
+ The community is really active whether in discord or wechat group. Tera is a project driven by community and technical development. I’m really glad to the team get larger and larger.
+
+
+ Development
+
+ Vtools is the main developer and now some new members joined the family for website optimization and other development including the UI and deployment. It’s worth mentioning that Tera has developed many DApps, they are original and interesting. Why not have a try.
+
+
+ Now the price of Tera is about 80 satoshis and it’s double of being listed on exchanges. The development of Tera is rapid and stable whether in price and technology.
+
+
+
+
+
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+{
+ "id":"2",
+ "post_url":"/blog/2-Solving the Blockchain Trilemma2",
+ "title_pic":"../PIC/blog.jpg",
+ "post_title":"Solving the Blockchain Trilemma - TERA2",
+ "post_announce":"Bitcoin and Ethereum are the most widely recognized projects of the blockchain movement, seeking to replace our current trading, financial and economic system with one that is more decentralized and secure 2 ...",
+ "post_date":"07.03.2019"
+}
+
+=START=
+
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+ TERA Foundation Blog: Solving the Blockchain Trilemma-TERA
+
+
+
+
+
+
+
+
+
+
+
+
+
+
+
+
+
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+
TERA BLOG
+
+
+
+
+
+
+ 03-06-2019 15:47
+
Solving the Blockchain Trilemma-TERA
+
+ Bitcoin and Ethereum are the most widely recognized projects of the blockchain movement, seeking to replace our current trading, financial and economic system with one that is more decentralized and secure.
+ We know that the TPS of Bitcoin is 7 although it’s considered as the most decentralized and security blockchain. Think of last bull run market,the all Bitcoin network got crowded and the transaction pool is full of transactions which led to the high transaction fees. Ethereum improves its scalability but it’s still not enough,still remember the cryptokitties?
+
+ EOS adopted the DPOS consensus but there are only 21 masternodes and it can freeze the account on its network. Now its TPS reaches nearly 4,000 and its scalability seems much better than Bitcoin and Ethereum. But nowadays we just think it centralized and some even wonder if it’s real blockchain or no.
+
+ Today I’m going to introduce Tera which aims to solve the Blockchain Trilemma. The total supply of Tera is 1 billion and it was issued in July 2018. It’s mineable and now only for CPU+memory mining
+
+ As a hash standard, SHA-3 provides certified security to users’ private key and high-speed encryption based on hard-device, so SHA-3 may be the most suitable for the future capital market. Thus its hashrate is in a higher position than SHA-2.
+
+ Although the block size is small(120 kb) but its block time is one second so it can transfer about 70 MB in ten minutes.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.
+
+ Now the devs are developing its website and mobile wallet including IOS and Android. I just created a website wallet to experience the fast transaction of Tera with 1 second block time, 8 seconds for full confirmation of transfer and zero fees. Thanks to the community and foundation, I finally got 100 Tera and it only took seconds to confirm it. According to the whitepaper, nodes organize themselves into an orderly communication mode, with the upper limit of transaction transmission between nodes being 100ms.(while every two nodes in bitcoin usually take several seconds, and more nodes will take more time.)
+
+ The hashrate of all network hits more than 6.000 GH/s and it grows nearly 1.5 X than last week. The nodes are now about more than 760, The higher hashrate and the more nodes, the network would be more security!
+
+ Exchanges
+
+ Currently, Tera is listed on several exchanges including QBTC, Bitalong,Bitmash as well as Citex. There is a built-in exchange on the website but the depth is still a problem.
+
+ Community
+
+ The community is really active whether in discord or wechat group. Tera is a project driven by community and technical development. I’m really glad to the team get larger and larger.
+
+
+ Development
+
+ Vtools is the main developer and now some new members joined the family for website optimization and other development including the UI and deployment. It’s worth mentioning that Tera has developed many DApps, they are original and interesting. Why not have a try.
+
+
+ Now the price of Tera is about 80 satoshis and it’s double of being listed on exchanges. The development of Tera is rapid and stable whether in price and technology.
+ This site uses cookies. You need to read the Privacy Policy and click "I agree" to continue.
+
+
+
\ No newline at end of file
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+{
+ "id":"2",
+ "post_url":"/blog/2-tera-crypto-currency-project.html",
+ "title_pic":"/blog/uploads/1/1_1.png",
+ "post_title":"TERA CRYPTO CURRENCY PROJECT",
+ "post_announce":"Tera is an open source and collaborative project. It means everyone can view and eventually modify its source code for her/his own needs. And it also means anyone is welcome to integrate its working community...",
+ "post_date":"06-March-2019"
+}
+
+=START=
+Tera is an open source and collaborative project. It means everyone can view and eventually modify its source code for her/his own needs. And it also means anyone is welcome to integrate its working community. The Tera community works to develop, deploy and maintain Tera nodes and decentralized applications that are part of the Tera Network.
+
+The Tera technology serves the cryptocurrency concepts, trying to design a modern coins and contracts blockchain application : fast block generation, high transaction throughput and user-friendly application. It was officialy launched on 30th of June 2018 on the bitcointalk forum.
+
+Yuriy Ivanov is the founder and core developer of the project. The Tera community is more familiar with the alias « vtools ».
+
+USER FRIENDLY APPLICATION
+In the aim to make this crypto currency project more friendly to end-users, some interesting innovations have been implemented in regards to the first generation of crpyto currency applications. The bitcoin and its thousands of child or fork, required a good level of IT skills in order to manage all the application chain from its own : from miners and its hardware, through stratum servers, proxies, to blockchain nodes. The Tera project intend to go one step further regarding crypto currency features integration into a single application : once installed, an efficient web application is available on localhost on port 8080. Then, any web browser supporting javascript may be able to access this application and to operate fully the Tera node.
+
+MINING A CRYPTO CURRENCY
+MINING CONCEPT
+
+The mining activity consist in calling a mathematical procedure we can’t predict the result before we run it. But we intend to obtain a very specific result, which usually consist in a certain number of 0 as the first chars before any random answer. If we found the nonce (a random object) combined with the transaction data and the coin algorithm that produce such result, we’ll have solve a transaction block and we’ll get a reward for that. Thanks to this work, the transaction listed in the block will be added to the blockchain and anyone will be able to check our work. That’s the concept of ‘proof of work’ allowing anyone to replay the mathematical procedure with the nonce discovered by the node that solved the block and to confirm block inclusion into the blockchain.
+
+POLITICAL AND ETHICAL CONCERNS
+The Tera project is young. It will have to face the same problems is facing today the Bitcoin platform :
+
+1. a large amount of accounts used to get money back from credulous people (e-intrusion, mail threats, etc.)
+2. a large amount of accounts used for illegal commercial activities (drugs, weapons, etc.)
+3. attacks to make the blockchain platform down or to corrupt the blockchain datas
+4. too many financial speculation that result in a coin value that has no sense.
+
+Any Crypto Currency Project with the goal its money and contracts to be used as any other historical money or service contract has to consider its political and ethical usage. Processes have to be imagined, designed and implemented in order to be able to fight against extortion, corruption and illegal activities threating crypto-currency development.
+
+FAST BLOCK GENERATION AND HIGH THROUGHPUT
+
+1.consensus : POW (proof of work)
+2. algorithm : TERAhash (sha3, secp256k1)
+3. max emission : 1 Bln (TERA)
+4. 1 second block generation time
+5. 8 seconds for full block confirmation time
+6. zero fees
+7. blockchain capable of a thousand transactions per seconds
+8. reward for premined block : 1-20 coins
+9. block size : 130KB.
+
+
+CLASSIC CRYPTO CURRENCY FEATURES
+wallet, accounts, payments, mining, node settings and utilities, blockchain explorer and utilities…
+
+
+
+DECENTRALIZED APP CATALOGUE
+
+d-app : forum, stock exchange, payment plugins for third party platform.
+
+
+
+TECHNOLOGY DEPENDENCIES
+Tera is entirely written in Java over the NodeJS library as functional layer in order to take advantages of a robust and high level library designed to allow large and effective network node management.
+
+The miner part is imported from an external repository and is written in C in order to get the best performances for this module.
+
+Tera is actually officially supported on Linux and Windows.
+
+If you start mining Tera thanks to this article, you can add my account 188131 as advisor to yours. On simple demand I’ll refund you half of the extra coins generated for advisors when you’ll solve blocks (@freddy#8516 on discord).
+
+MINING TERA
+Mining Tera has one major design constraint : you need one public IP per Tera node or miner. Yet, you can easily mine it on a computer desktop at home. The mining algorithm has been designed in order to be GPU resistant. In order to mine Tera coin you’ll need a multi-core processor (2 minimum) and some RAM, between 1 and 4GB per process that will mine. The mining reward level depends of the « power » used to solve a block (Top Tera Miners).
+
+COST AND USAGE CONCERNS
+
+There is two main cost centers in order to mine a crypto currency :
+
+1. the cost of the hardware and the energy required to make a huge amount of mathematical operations connected to the blockchain network through the Internet.
+2. the human cost in order to deploy, maintain and keep running miners and blockchain nodes.
+As the speculation actually drives the value of crypto currencies, it is not possible to answer if the mining activity is profitable or not. Moreover, hardware, energy and human costs are not the same around the globe. To appreciate if mining a crypto currency is profitable we should take all indirect costs : nature cost (for hardware and energy production), human cost (coins and contracts usage, social rights of blockchain workers).
+
+Original: https://freddy.linuxtribe.fr/recherche-et-developpement/blockchain-cryptocurrency-mining/tera-crypto-currency-project/.
+
+Author: Freddy Frouin, freddy@linuxtribe.fr.
+
+
+
+
+
+
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+{
+ "id":"3",
+ "post_url":"/blog/3-tera-faq-section.html",
+ "title_pic":"/blog/uploads/3/3_1.jpg",
+ "post_title":"TERA Frequently Asked Questions Section",
+ "post_announce":"Today, the community receives many questions from various user groups, and in this regard, it was decided to create an Frequently Asked Questions section on the site.
",
+ "post_date":"07-March-2019"
+}
+
+=START=
+
+Today, the community receives many questions from various user groups, and in this regard, it was decided to create an Frequently Asked Questions section on the site. The content of this section is based on an interview with the creator of the TERA project, which guarantees the most detailed and reliable answers. If you have not received an answer to your question, you will always receive support on our Discord channel: https://discord.gg/CvwrbeG .
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