New blockchain possibilities on the platform TERA

[L19]

Some crypto experts have been saying that there are factors in the blockchain world which prevent its successful progress. It is not only about the notorious hacker attacks, which, for example, in the first 9 months of 2019 robbed cryptocurrency holders of various platforms for millions of dollars. Blockchain needs a breakthrough in terms of transaction speed, as well as the introduction of dynamic scalability that would allow an unlimited number of people to participate in the creation of blocks.

The TERA platform https://terafoundation.org/ru/ has working mechanisms in its structure, which are aimed at combating the stagnation of blockchain. The application model makes block creation process much easier. Thanks to the effective POW consensus, all transactions are executed clearly. This structuring improves transaction verification, which ultimately affects the overall blockchain speed. DDoS security is achieved by better managing blocks in the system. The rate of block generation on the TERA platform is unprecedented for decentralized platforms, - just 1 second.

[L19]

Some crypto experts have been saying that there are factors in the blockchain world which prevent its successful progress. It is not only about the notorious hacker attacks, which, for example, in the first 9 months of 2019 robbed cryptocurrency holders of various platforms for millions of dollars. Blockchain needs a breakthrough in terms of transaction speed, as well as the introduction of dynamic scalability that would allow an unlimited number of people to participate in the creation of blocks.

The TERA platform https://terafoundation.org/ru/ has working mechanisms in its structure, which are aimed at combating the stagnation of blockchain. The application model makes block creation process much easier. Thanks to the effective POW consensus, all transactions are executed clearly. This structuring improves transaction verification, which ultimately affects the overall blockchain speed. DDoS security is achieved by better managing blocks in the system. The rate of block generation on the TERA platform is unprecedented for decentralized platforms, - just 1 second.

Tera Whitepaper <a href="https://terafoundation.org/files/TERA_WP_EN.pdf"></a> is not long, and it seems to me that even a newbie can understand it clearly. As for me, this is the project I do support for its beneficial mining offers.

Yeahh... TERA really has a lot benefitions. One of the cool developments of the company is a unique crypto-mixer. That's really true what the participants of the crypto market have been waiting for a long time, is the total anonymity of transactions. With a mixer from TERA it becomes possible. In general, it is a distinctive feature of the TERA platform - to create various functional applications that can be connected as needed when working with crypto currency.

[Kim A.]

Some crypto experts have been saying that there are factors in the blockchain world which prevent its successful progress. It is not only about the notorious hacker attacks, which, for example, in the first 9 months of 2019 robbed cryptocurrency holders of various platforms for millions of dollars. Blockchain needs a breakthrough in terms of transaction speed, as well as the introduction of dynamic scalability that would allow an unlimited number of people to participate in the creation of blocks.

The TERA platform https://terafoundation.org/ru/ has working mechanisms in its structure, which are aimed at combating the stagnation of blockchain. The application model makes block creation process much easier. Thanks to the effective POW consensus, all transactions are executed clearly. This structuring improves transaction verification, which ultimately affects the overall blockchain speed. DDoS security is achieved by better managing blocks in the system. The rate of block generation on the TERA platform is unprecedented for decentralized platforms, - just 1 second.

Tera Whitepaper <a href="https://terafoundation.org/files/TERA_WP_EN.pdf"></a> is not long, and it seems to me that even a newbie can understand it clearly. As for me, this is the project I do support for its beneficial mining offers.

Yeahh... TERA really has a lot benefitions. One of the cool developments of the company is a unique crypto-mixer. That's really true what the participants of the crypto market have been waiting for a long time, is the total anonymity of transactions. With a mixer from TERA it becomes possible. In general, it is a distinctive feature of the TERA platform - to create various functional applications that can be connected as needed when working with crypto currency.

I agree with you. However, I want to add some more advantages, as they are really worth making attention to: High transaction throughput, free transactions at Tera Wallet, the creation of the Tera platform of new financial instruments for an economy without borders.

Soon Tera promises to add exciting new innovations to the decentralized network. Moreover, recently launched a DApp to anonymize transactions and it really makes sense to buy coins while they still cost less than a cent.

[L19]

Some crypto experts have been saying that there are factors in the blockchain world which prevent its successful progress. It is not only about the notorious hacker attacks, which, for example, in the first 9 months of 2019 robbed cryptocurrency holders of various platforms for millions of dollars. Blockchain needs a breakthrough in terms of transaction speed, as well as the introduction of dynamic scalability that would allow an unlimited number of people to participate in the creation of blocks.

The TERA platform https://terafoundation.org/ru/ has working mechanisms in its structure, which are aimed at combating the stagnation of blockchain. The application model makes block creation process much easier. Thanks to the effective POW consensus, all transactions are executed clearly. This structuring improves transaction verification, which ultimately affects the overall blockchain speed. DDoS security is achieved by better managing blocks in the system. The rate of block generation on the TERA platform is unprecedented for decentralized platforms, - just 1 second.

Tera Whitepaper <a href="https://terafoundation.org/files/TERA_WP_EN.pdf"></a> is not long, and it seems to me that even a newbie can understand it clearly. As for me, this is the project I do support for its beneficial mining offers.

Yeahh... TERA really has a lot benefitions. One of the cool developments of the company is a unique crypto-mixer. That's really true what the participants of the crypto market have been waiting for a long time, is the total anonymity of transactions. With a mixer from TERA it becomes possible. In general, it is a distinctive feature of the TERA platform - to create various functional applications that can be connected as needed when working with crypto currency.

I agree with you. However, I want to add some more advantages, as they are really worth making attention to: High transaction throughput, free transactions at Tera Wallet, the creation of the Tera platform of new financial instruments for an economy without borders.

Soon Tera promises to add exciting new innovations to the decentralized network. Moreover, recently launched a DApp to anonymize transactions and it really makes sense to buy coins while they still cost less than a cent.

Now many miners write in the network about the increasing double spending that people have to bear during the creation of blocks. Tera invented in my opinion a unique solution for this problem! Here on the decentralized platform, blocks are created every second and the first confirmation time is about 8 seconds. Tera offers a flexible choice for crypto market participants. You can wait 8 seconds, 1 minute or 1 hour, depending on your requests and trade types.

[allwelder]

YES.
spending sometime learning this promising coin,really excited.

1s block,8s confirm,with sequenced nodes order rather than random nodes order.

lattice architecture rather than gossip.

pow consensus.

fully onchain dapps.

easy for developers with javascript +HTML smartcontract language.

[L19]

Also noteworthy is the fact that for programmers who develop various smart-contracts and applications based on blockchain, today there are completely unique, multifunctional tools created by the TERA platform. Any application can be tested here, as the platform offers specialized emulators as well.

Applications can be written in JavaScript and debugging of new variants occurs in parallel with copying of Dapp, which are already loaded in the blockchain.

[Kim A.]

Another interesting Dapp is decentralized forum,app id 9.

Anyone can use it to post without needing TERA coin when connecting your account to DAPP9.
Tried,it worked well,no one can deleted the posts,fully stored on TERA chain.

The UI of wallet and Dapp need to be better designed.

Dapp works on the principle of a bank. You can store money there (without a time limit), you can perform an arbitrary number of withdrawals and of course make intra-bank transfers (from one deposit to another).

Tera Wallet is quite simple in usage. Anonymous payments in the Tera coin cryptocurrency are made by connecting the account to the Shadow Bank app. After the app is connected, a certain amount is deposited to the virtual bank account.

[Kim A.]

Another interesting Dapp is decentralized forum,app id 9.

Anyone can use it to post without needing TERA coin when connecting your account to DAPP9.
Tried,it worked well,no one can deleted the posts,fully stored on TERA chain.

The UI of wallet and Dapp need to be better designed.

Oh... Sorry, I was confused Not yet fully understood the application, as a whole.

[EvgenBlack]

Tera announced two competitions in <a href="https://bitcointalk.org/index.php?topic=4573801.880">the official topic</a>:

Hi All

To improve the security of software code, we announce the launch of Bug Bounty. Find a critical bug (vulnerability) and get 100 000 TERA for each.
Bug should be reported confidentially to progr76@gmail.com or telegram @progr76

https://terafoundation.org/files/bug-hunting.jpg

and second

We're launching a public discussion of TERA sharding in telegram channel: @TeraLab.

The terafoundation project has developed a new theory of sharding, it allows you to create unlimited scalability of the blockchain without compromising security or decentralization. The number of transactions can be more than a million, and the number of node-block producers reach a billion.  http://terafoundation.org/files/TeraSharding-ENG.pdf

We ask you to Express your reasoned opinion on this matter. The most reasoned and useful opinion for the project will be awarded in the amount of 100 000 TERA. The results will be summed up on November 8, 2019.

https://terafoundation.org/files/TeraSharding.jpg

[L19]

And still note that the author of the theory of sharding by Tera platform describes in detail the terminology, even a beginner of mining reading it will be able to understand what's what. In my opinion, this is very timely, because many newcomers to the crypto market do not always understand all the nuances and terms of the processes taking place in the crypto space.

[Detector-x]

I like the tera platform. Wallets are created quickly (10-15 seconds). You do not need to pay for transactions, there is protection against double costs. Each transaction has an OperationID that prevents the same transaction from being reused. There is also protection against DDoS attacks. Tera uses a single interface scheme, the less the workload of the blockchain-the more difficult it is to cause a DDoS attack, an attacker will not be able to increase the power of calculating pow-transactions, because initially it works at the limit-at 100% of its power. Now they're thinking of a new theory. They want to increase the number of transactions to 1,000,000 TPS, do you think it's really possible?

[Artifex]

Appreciate the original sharding technology concept developed by TERA.
Sharding http://terafoundation.org/files/TeraSharding-ENG.pdf

TERA Blockchain Technology Video https://youtu.be/e4ptiQAagHM