Terracoin
| Last updated | 2 days ago |
| Price per TRC in USD | $ 0.0063527651747642 |
| Price per TRC in Bitcoin | 0 |
| Volume over the last 24 hours | $ 278 |
| Market cap in USD | $ 0 |
| Change in % over the last hour | -0.33893787 |
| Change in % over the last 24 hours | -9.07202523 |
| Change in % over the last 7 days | -10.85262481 |
TRC specifications
| Name | Terracoin |
| Symbol | TRC |
| Minable | Yes |
| Algorithm | SHA-256 |
| Prooftype | PoW |
| Bitcointalk | TRC bitcointalk |
| Homepage | TRC homepage |
| Masternode | Yes |
Masternode
Terracoin is a masternode coin. To operate a Terracoin masternode, 5000 TRC is required. A Terracoin masternode costs $32 or 0 BTC. Running a Terracoin masternode will provide passive income.
Coin description
Terracoin is one of the earliest cryptocurrencies, designed for fast and secure transactions. It operates on a proof-of-work (PoW) consensus mechanism, utilizing the Scrypt algorithm to ensure fair mining accessibility. Terracoin emphasizes simplicity, security, and usability, making it suitable for everyday payments.
Terracoin Historical Significance Features
Terracoin was launched in 2012, making it one of the pioneering digital currencies. Its architecture supports features like fast block times and low transaction fees, ensuring seamless payments. Its focus on decentralization ensures that users retain full control over their funds. For example, merchants can accept Terracoin payments while benefiting from near-instant confirmations and minimal fees.
One of Terracoin's strengths lies in its historical significance as an early experiment in blockchain technology. By promoting transparency and immutability, it challenges traditional monetary policies. Keywords like Terracoin history and Scrypt mining are closely tied to this project.