Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Terracoin 1.0 (TRC)
by
johnwhitestar
on 18/03/2017, 13:31:47 UTC
I actually was talking with an API developer recently about your coin payment button idea and he said it was totally doable, but he didn't have time to work on it.  He also said you would have to find an exchange with API access and the pairing you wanted.  I looked into TRC/USD (I thought you were interested in that pairing) and there are some crazy low buy orders for TRC so you wouldn't want to use that pairing.  You could use TRC/BTC then have it sell BTC for USD.  I don't see many BTC\USD pairings where TRC is traded.

As for putting coins in escrow I think there are services that already do that and have real legal stuff backing them up.

Thank you very much for your research, I think we know what should be done to create an TRC/EUR or TRC/USD gateway. Of course we are interested to cooperate with everybody who is interested to cooperate. And we don't believe into a voluntary cooperation so every effort we'll be paid.  

The idea to ask TRC Foundation to be an escrow was born because we wanted to find the way to help the TRC community and to sponsor TRC Foundation.

In fact we are ready to finance the masternode system creation, but we think that the investment should bring some profit, so we invite everybody to think about what can be offered to those who finance the development of the TRC.

Maybe we can think about some discounted masternode reserved to those who has invested into their creation.

Having said that, I personally believe that we have to choose from one of three possible options:
1) Or we just copy the BTC development without changing anything. So one day the TRC will cost a 0,5 BTC, whatever BTC will cost.
2) Or we try to jump from one successful altcoin to another. So maybe we'll do better than BTC, or not.
3) Or we try to be ahead of the others.

I think that copying others ideas without at least trying to improve them well head as nowhere. We need to become leaders if not one day TRC may disappear. That's why I was thinking about a better governance than the DASH's, for instance.
So I'd like to understand better, if anybody can explain it to me. If we do not use the anonymization features of DASH what will the masternodes take their money for?

Another thing that is not clear to me what does it mean that the masternode will cost 10.000 TRC and it's set up will cost 100.000 TRC?