Introducing TERA | Smart Money
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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.
Implementation of advanced blockchain features like smart contracts and decentralized messenger is in our roadmap and we plan to release
these in near future.
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Specification| Name: | Tera |
| Consensus: | POW |
| Algorithm: | TERAhash (sha3 + Optimize RAM hashing) |
| Max emission: | 1 Bln (TERA) |
| Reward for block: | 1-20 coins, depends on miner 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 miner power) |
| 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 |
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Additional Information| Cryptography: | sha3, secp256k1 |
| Protection against DDoS: | PoW (hash calculation) |
| Platform: | Node.JS |
| Wallets (src only): | Windows, MacOS, Linux |
| Network launch: | 01.07.2018 12:0:0 (UTC) |
| Mining launch: | UTC "2018-07-24T15:33:20 |
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Links| (https://img3.picload.org/image/dcgdrcgi/github.png) (https://github.com/terafoundation/wallet) | (https://img3.picload.org/image/dcgdrcri/twitter.png) (https://twitter.com/terafoundation) | (https://img3.picload.org/image/dcgdrcrl/telegram.png) (https://web.telegram.org/#/im?p=@terafoundation) | (https://img3.picload.org/image/dcgdrcal/discord.png) (https://discord.gg/CvwrbeG) |
Other: Discord RUS (https://discord.gg/dzSGKyR)
RUS description (https://github.com/terafoundation/wallet/tree/master/Doc/Rus)
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Roadmap(https://img1.picload.org/image/dcgdrolr/roadmap_tera_v1.png)
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Wallet & MiningAttention: To connect to the network, it's better to have a static IP address and you need to open port 30000.
Wallet for| (https://img3.picload.org/image/dcgdrlwi/windows-logo.png) | (https://img3.picload.org/image/dcgdrlww/centos-logo.png) | (https://img3.picload.org/image/dcgdrlcr/ubuntu.png) |
RequirementsThe Terahash algorithm based on sha3 and optimized RAM hashing function. At least you need a strong CPU (> 4 Threads) and a lot of RAM (>8 GB).
Good combinations of CPU / RAM are:04 Threads /// 08 GB RAM
08 Threads /// 16 GB RAM
12 Threads /// 24 GB RAM
16 Threads /// 32 GB RAM |
For example: The Intel i7-4770K CPU have 4 cores and 8 threads.
Download and Guides on(https://img3.picload.org/image/dcgdrcgi/github.png) (https://github.com/terafoundation/wallet)
Starting the walletWait 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) |
Referral mining programIn the first year of the network work (when the number of the block is in the range from 2 mln to 30
mln), the referral program of mining works. If the miner indicated an adviser in his wallet, then he
gets about twice the size of the reward, and his adviser receives a one-time reward. Thus, at the
beginning of the action of the referral program, the emission is roughly tripled.
Technically, an adviser is an account number. Any account can become an adviser, provided that it
was created more than 1 mln blocks ago (i.e. approximately 12 days).
In order to smooth out the emission curve, the award for referral mining is multiplied by a factor that
assumes a value from 1 to 0. The factor takes the value equal to 1 at the beginning of the program
and smoothly changes to 0 at the end of the program (up to 30 millionth block).
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Transfer your coins "bank like"
The coins are kept in accounts by analogy with bank accounts. The accounts are numbered from 0
sequentially. The zero account number is for system account, to which initially 1 bln coins were
issued. To create new account you need to send to the network special transaction
ACCOUNT_CREATE where you need to specify a public key of the account owner and unnecessary
characteristic “name of account” (a line with length up to 40 bytes). It is advisable to specify the
name to check the correctness of the account number input when sending the payment.
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Test NetworkDefault values:Launch:sudo node set-test httpport:8080 password:SecretWord
sudo pm2 start run-test.js |
Notes:We do not recommend installing the test network on the same computer for the following reasons:- If the test network will have a security hole, it will extend to the working node
- You may experience problems with a remote connection. Due to the peculiarities of storing
cookies of the same domain in browsers. However, you can avoid this if you create domain
synonyms in a file similar to hosts in windows and use a different alias for the test machine.
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Jobs
We are looking for UI/UX Designer and Web-developer in our team.
Please see all info here: link (https://discord.gg/CvwrbeG)
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Latest Updates| v0.545 | | | We switched to a new mining algorithm. Details of the algorithm on the channel #algorithms |
| v0.553 | | | 1. Fixed small bug with update version installation (previously installed always, even if auto-
update is disabled)
2. With block number 7000000 introduced protection against DDOS attacks when
creating new accounts. New accounts will be allowed to be created only in limited
quantities. For an unlimited number in the future will be expanded standard transaction
transfer of funds. We plan to add support for transferring money to the wallet address
(public key) without specifying an account. In this case, a new account will be created
automatically and a small fee will be charged for its creation (for DDOS protection).
Ordinary transaction of transfer of funds stating the account will not require a fee. |
More updates will be available soon... (https://raw.githubusercontent.com/terafoundation/wallet/master/Pic/spacer_tera_new.png)
A great day. we have published our new website :D
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