Introduction
Cryptocurrency is not a new word in the financial world. However, there are a large number of users around the world who have not yet tried this financial instrument. Therefore, unique projects appear on the markets that are aimed at ensuring that everyone in this world can try the world of cryptocurrencies. TerraCredit is such a project. Where the main idea of the developers is the basic rule of cryptocurrencies, inexpensive fast transactions, low cost, and ease of use. Cryptocurrencies must be decentralized and used by their community.
The fact is that Blockchain projects are known to us, such as Bitcoin and ETH, now perform a completely different role. They are slow and too expensive to maintain. Novice users do not want to pay $ 10 for a coin transfer or wait several hours for their transfer.
Therefore, the cryptocurrency community needs new decentralized tools to send transactions again without any delays and use coins in everyday life.
TerraCredit
TerraCredit - the project is built on its blockchain and is a decentralized network. With a network that has a high transaction speed of up to 1 second, a low transfer cost of $ 0.00000003, and users have complete anonymity. Also, the TerraCredit team ensured the creation of a fully working network, created its secure wallets, entered the cryptocurrency market, and created its own exchange office.
The main idea is that cryptocurrency should be available to any user who wants to join the world of cryptocurrencies. Also, the project team decided not to use a complex protocol for mining Credit tokens. The POS protocol will be used, enabling each user of the network to receive a reward from investment in TerraCredit. Unfortunately, I did not find about investing through Masternode. Perhaps, such a function will be added soon as the capabilities of such a network allow it.
Wallet
Since the project has its Blockchain, the development team has created its cryptocurrency wallet for different platforms. Windows, MAC, Linux, Raspberry Pi, and even Web wallet.
Quite convenient and intuitive interface. There are several languages (which makes it convenient to use this wallet). If you have come across wallets from DAO projects, you will understand everything.
PoS Mining
In the world of cryptocurrencies, there are 2 types of mining POW (Proof-of-work) and POS (proof of stake). If you have not encountered these concepts, I will tell you in 2 words. POW (Proof-of-work) requires equipment to mine cryptocurrency. POS (proof of stake) - requires a cryptocurrency to mine even more cryptocurrency.
The TerraCredit team chose POS (proof of stake) for their project so that each user of the network could get more profit, having a small supply of a cryptocurrency in their wallet.
How to start mining Credit coins?
- Install one of the TerraCredit wallets.
- We carry out a full network synchronization (this is important for the correct display of your balance and the performance of the wallet).
- Now we need a starting balance to start mining Credit coins using the POS protocol. We need to purchase 10,000 coins and transfer them to our wallet.
- Go to the exchange and buy the required amount of Credit coins. We can do this at BitForex Exchange, Catex Exchange, Terrabit.
- We transfer 10,000 coins to the TerraCredit wallet and the mining of coins will start automatically.
Token CREDIT - Coinmarketcap
It is very easy to become the owner of a Credit coin. First, the company has its exchange, which greatly simplifies the procedures for the interaction of the project with the network. It is called Terrabit Exchange. Secondly, we can buy coins at 2 other exchange offices Bittforex and Catex.
We can also find a project on Coinmarketcap and see all the statistics on it. Now the turnover of Credit coins is USD 1,756.29 in 24 hours. Which is an excellent indicator for young projects.
Project benefits
• Own Blockchain - which significantly affects the development of the project.
• Low transaction costs in Nutria City.
• High speed of transactions.
• POS mining - makes cryptocurrency much more popular, each network user will be able to receive income.
• There is everything you need to attract new users to the network. Wallets, Exchange offices.
My opinion about the TerraCredit project
The project seemed interesting to me. Firstly, the project is already on the market, which is important today. The POS protocol helps attract users and makes this coin attractive to the store. I have already installed everything needed to try a new product from TerraCredit. I will follow the updates. Thanks for your attention.
TERRACREDIT:
Website: https://terra-credit.com/
Faceebook : https://web.facebook.com/terrabitofficial/?_rdc=1&_rdr
Twitter : https://twitter.com/terracredit
Telegram : https://t.me/terracredit
Linkedin: https://www.linkedin.com/company/terra-bloockchain/
YouTube channel : https://www.youtube.com/channel/UCPuDgHaN3yKPP945YfLQkcg
Autor:
Bitcointalk Username: anatolij.shishkin
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2280356
Wallet: TTT19MRfn4xgBpsfptfCaeidccwhff68ZH
#Proof: https://bitcointalk.org/index.php?topic=5260785.msg54909411#msg54909411