Introducing TERA PLATFORM
TERA is a platform for developing applications in a decentralized network. Programs can manage and transfer any digital values,
including coins and tokens. This platform allows you to build a world economy without borders. The network is built on a highly reliable
blockchain Protocol with PoW consensus.
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.
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.
Reward for block after 43 mln blocks: <=1 coins (one billionth of the remainder of undistributed amount of coins multiplied by constant)
|
| Block size: | 130 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 |
Additional Information| Cryptography: | sha3, secp256k1 |
| Protection against DDoS: | PoW (hash calculation) |
| Platform: | Node.JS |
| Smart contract language: | Javascript |
| Wallets: | Windows |
| Network launch: | 27.07.2020 12:0:0 (UTC) |
Mining
Attention: To connect to the network, it's better to have a public IP address.
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.
Test NetworkDefault values:Launch:sudo node set-test httpport:8080 password:SecretWord
sudo pm2 start run-test.js