TERACREDIT – Cryptocurrencies for everyone
What is TerraCredit?
-Terra Credit one of the decentralized payment platforms wich allow users to send and receive payments without the need for a trusted third party, However, there needs to be an intermediary to manage transactions and prevent double spending.
TerraCredit (CREDIT) to offer free and fast Blockchain based payments. Credit employs Proof of Stake which allows any user to become a block producer. Block producers support the network and get rewarded with new coins for doing so, this function replaces traditional mining which is expensive and complicated.
The Problem:
-Terra team have foreseen the future and what they see is brighter. Which is while they create CREDIT coin to save the world from all the complexity of joining or know about cryptocurrency and blockchain in general. Over 1 billion people who have access to the internet, computer and smart devices in the world presently. And most of them are yet understand what Cryptocurrency is not to talk of the blockchain.
Even miners who produce blocks on the chain and support the blockchain day and night still find their tools difficult to accomplished. Complex machines, constant electricity or huge electricity bill, some complex technical knowledge and many more (If not the end) are needed to start mining coin on most cryptocurrencies platform.
The Solution:
-Terra created CREDITS, a cryptocurrency that was created for mass adoption. A few days ago, I said that TerraCredit will not be doing any fundraising neither will they do ICO, all their coin will be given out for free and they will be having 12 different airdrop round which will later until June of this year. There are some bounties which everyone can participate in it and earn more CREDIT coin also. After the whole AIRDROP rounds, CRM will be listed on some cryptocurrencies exchange where the public will be able to buy and sell. The coin is said to be going to the public exchange at the rate of $0.01, this is possible because Terra is focussing more on everyone who does buy and sell on the daily basis.
CONCLUSION
Terra Credit offers free, fast and secure blockchain payments. Many different cryptocurrencies have been introduced to solve and address many different issues. Miners around the world are facing challenges; high-level technical knowledge is needed as are expensive machines and constant electricity.
More imformation:
-Website:https://terra-credit.com/
-Whitepaper:https://terra-credit.com/whitepaper.pdf
-Facebook: https://www.facebook.com/pg/terracreditptoject
-Twitter:https://twitter.com/CreditTerra
-Telegram: https://t.me/terracredit
-Youtube: https://www.youtube.com/channel/UCPuDgHaN3yKPP945YfLQkcg
-Linkedin: https://www.linkedin.com/company/terra-bloockchain/
Author:
-Bitcointalk username: bact
-Bitcointalk link to profile: https://bitcointalk.org/index.php?action=profile;u=2090208
-Telegram username: @Maria_Ozawa