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Terracoin (TRC) Frequently Asked Questions
What is Terracoin?
Terracoin (abbreviated TRC) is a peer to peer decentralized currency based on Bitcoin. Terracoin was launched on the 26th of October 2012 and is an SHA-256 coin with a hard cap of 42 million coins. The block time is 2 minutes and the block reward is initially set to 20 TRC. The block reward halves every four years and difficulty retargets every thirty blocks or every hour. There was no premine. It is similar to Bitcoin, but with faster transactions, and improved security by having merged mining and Dark Gravity Wave difficulty recalculation. The Terracoin Foundation was formed to provide stable development, improved security and better community involvement for Terracoin. The TRC Dev Team is currently implementing DASH’s decentralized governance, masternodes, and instant sent. Click here for Masternode stats from masternodes.online. (Description provided by CryptoCompare)
How do I buy Terracoin?
It is not possible to buy all cryptocurrencies with U.S. dollars. Bitcoin, Bitcoin Cash, Ethereum, Litecoin and other popular cryptocurrencies can be purchased with U.S. dollars using Coinbase or BlockFi. Once you have purchased Bitcoin using Coinbase, you can then transfer your Bitcoin to an exchange such as Binance to purchase other cryptocurrencies, including Terracoin.
Where can I get Terracoin wallet?
Terracoin produces its own wallet software that is available for download on its website, which allows you to store Terracoin on your computer. For maximum security, you can store your cryptocurrencies on a dedicated hardware wallet such as a TREZOR wallet or a Ledger Nano X. If you do not wish to buy a hardware wallet, you may consider using a mobile wallet such as Atomic Wallet, Jaxx, or Coinomi to store multiple cryptocurrencies with some added security benefits.
What is the value of Terracoin?
One Terracoin (TRC) is currently worth $0.02 on major cryptocurrency exchanges. You can also exchange one Terracoin for 0.00000047 bitcoin(s) on major exchanges. The value (or market capitalization) of all available Terracoin in U.S. dollars is $525,099.31.
What hashing algorithm does Terracoin use?
Terracoin is a proof of work (PoW) coin that uses the SHA-256 algorithm.
How do I mine Terracoin?
Terracoin and other SHA-256 coins can typically only be mined profitably with a piece of specialized mining hardware called an ASIC, which stands for application-specific integrated circuit. Major manufacturers of ASICs include BitMain (AntMiner), Microbt (Whatsminer), and Canaan (AvalonMiner). ASIC hardware can be purchased directly from the manufacturer or from resellers on Amazon and eBay.
What coins are similar to Terracoin?
The following coins use Terracoin's SHA-256 algorithm and proof of work (PoW) proof-type: Bitcoin, Bitcoin Cash, Bitcoin SV, Bitcoin Cash ABC, Steem, PIXEL, Namecoin, DragonVein, Crown, Color Platform, DAOBet, Zetacoin, ATBCoin, Dollarcoin and Alpha Coin.
What is the Reddit page for Terracoin?
The official Reddit community (subreddit) for Terracoin is r/terracoin.
MarketBeat Community Rating for Terracoin (TRC)MarketBeat's community ratings are surveys of what our community members think about Terracoin and other cryptocurrencies. Vote "Outperform" if you believe the stock will outperform other cryptocurrencies over the long term. Vote "Underperform" if you believe the stock will underperform other cryptocurrencies over the long term. You may vote once every thirty days.
Terracoin (TRC) Price Chart for Saturday, May, 15, 2021
Terracoin (TRC) Search Trends
There is a correlation between price appreciation and public interest in cryptocurrencies, such as Terracoin. Many cryptocurrency investors use Google Trends, which measures the volume of web searches for a particular topic over time, as a tool to gauge whether public interest is increasing or decreasing for a particular cryptocurrency. The chart below shows how search volume has changed for the phrase "Terracoin" over the last 90 days.
Terracoin (TRC) Website Traffic
Terracoin (TRC) Social Media Trends
Terracoin (TRC) News HeadlinesNo headlines for this company have been tracked by MarketBeat.com