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Author Topic: [ANN] [TERA PLATFORM] [DApp, PoW, CPU, 1000 TPS]  (Read 3342 times)

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[ANN] [TERA PLATFORM] [DApp, PoW, CPU, 1000 TPS]
« on: July 30, 2019, 07:15:39 PM »


TERA is actually a new re-invention of the blockchain protocol, which allowed to create a fully decentralized and high-performance blockchain platform for the development of DApps in JavaScript. In this case, the blockchain has a built-in cryptocurrency Tera, transactions on the network are free, and all DApps are stored inside the blockchain.

Decentralization is implemented by PoW consensus at the expense of almost unlimited number of block-producers (hundreds of millions), and speed from 1000 tps and confirmation of 5-8 seconds due to connection of nodes with each other in the form of a multidimensional regular grid and fast delivery protocol of blocks. The new merged sharding protocol allows us to add new chains without losing network security, increasing the total network speed to 1 million transactions per second.
TERA Protocol

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.The blockchain takes no longer than 3 seconds to deliver data from the 1st node to the last one. To achieve this, the nodes are connected to each other in a special connection, based on the similarity of the addresses of nodes with each other.



Specification

Name:   Tera
Consensus:   POW
Algorithm:   TERAhash (sha3 + Optimize RAM hashing)
Max emission:   1 Bln (TERA)
Reward for block:   Reward for block (befor 43 mln blocks): 1-20 coins, depends on network power (one billionth of the remainder of undistributed amount of coins and multiplied by the hundredth part of the square of the logarithm of the network power).  With a block of 22.5 million, the power for the reward is limited to a constant of 43.
Plan: reward for block (after 43 mln blocks): <=1 coins (one billionth of the remainder of undistributed amount of coins multiplied  by constant)
Block size:   120 KB
Premine:   5%
Development fund:   1% of the mining amount
Block generation time:      1 second
Block confirmation time:   8 seconds
Speed:   from 1000 transactions per second
Commission:   free of charge



Wallet & Mining

Web Wallet: https://terawallet.org/

Mobile wallet for OS Android: https://play.google.com/store/apps/details?id=com.terafoundation.wallet

***

Attention: To connect to the network, it's better to have a static IP address and you need to open port 30000.

Requirements

The Terahash algorithm based on sha3 and optimized RAM hashing function. At least you need a strong CPU (>4 Cores) and a lot of RAM (>8 GB).

Good combinations of Cores / RAM are:

04 Cores /// 08 GB RAM
08 Cores /// 16 GB RAM
12 Cores /// 24 GB RAM
16 Cores /// 32 GB RAM

For example: The Intel i7-4770K CPU have 4 cores and 8 threads.

Starting the wallet

Wait until the synchronization is complete - the green message Synchronization complete should
appear. Below, when you start first time, two fields will appear: name and adviser. Enter the code of
the adviser (if you have one), enter account name and click the Create button. After about 8 seconds,
the account creation transaction will fit in the blockchain and you will have an open account where
you can mine the coins.

Solving connection problems

1. Check the presence of a direct ip-address (order from the provider)
2. Check if the port is routed from the router to your computer
3. Check the firewall (port must open on the computer)

EXCHANGES

1. TERA DEX
https://terawallet.org/dapp/20
2. HOTBIT Exchange
https://www.hotbit.io/exchange?symbol=TERA_BTC
3. MXC Exchange
https://www.mxc.com/trade.html?symbol=TERA_BTC
4. BigONE Exchange
https://big.one/trade/TERA-BTC
5. CITEX Exchange
https://www.citex.co.kr/#/trade/TERA_BTC
6. QBTC Exchange
https://www.qbtc.ink/trade?symbol=TERA_BTC
7. CHAOEX Exchange
https://chaoex-en-us.udesk.cn/hc/articles/83487
8. Bitalong Exchange
https://www.bitalong.com/trade/index/market/tera_usdt/
9. Vbitex Exchange
https://www.vbitex.com/Home/Trade/index?id=14
10. Bitcola Exchange
https://www.bitcola.io/exchange?coinPair=TERA_USDT



Information
SITE https://terafoundation.org/
TWITTER https://twitter.com/terafoundation
REDDIT https://www.reddit.com/user/Terafoundation
GITLAB https://gitlab.com/terafoundation
TELEGRAM https://t.me/TeraLab
TELEGRAM (China) https://t.me/TeraChina
TELEGRAM (Germany) https://t.me/terafoundation_germany
QQ http://qm.qq.com/cgi-bin/qm/qr?k=Bq9ukzl9zspx-tAt1s7BTdyxVfUNS4xV&group_code=1005431545
« Last Edit: July 30, 2019, 07:16:52 PM by Bigpat »

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[ANN] [TERA PLATFORM] [DApp, PoW, CPU, 1000 TPS]
« on: July 30, 2019, 07:15:39 PM »

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Re: [ANN] [TERA PLATFORM] [DApp, PoW, CPU, 1000 TPS]
« Reply #1 on: August 01, 2019, 09:54:22 AM »
Vu Hoang Long, a vietnamese member in your team?
Wow, will check this new protocol for blockchain technology. Just don't know if POW is good for crypto community at the moment... I think POS is better!
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