Terracoin

One of the older alt-coin, Terracoin was launched on October 26th 2012. Similar to Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term, Terracoin is a SHA-256 based mined cryptocurrency, making it more difficult to mine than script based digital currencies. Like other digital currencies, Terracoin enables instant Payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term to anyone, anywhere in the world. All transactions are carried out by its own network and are not bound to any central authority. Only 42 million Terracoins are scheduled to be produced, double bitcoin’s 21 million.

Among exchanges offering trading in Terracoin, BTC-e is the largest, as it is available for trade against bitcoins (TRC/BTC). It was announced late in 2013 that BTC-e would remove Terracoin from trading, but that decision was rescinded after volumes became to pick up. As a SHA-256 mined currency, from a cost perspective there is a convenience to just buy the currency outright than bother using resources to mine terracoins due to its difficulty to produce.

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