[ANN] Terracoin (TRC) - Est 2012

[clockuniverse]

August 24th Terracoin Update - Unabated

Testing continues unabated, and we are on schedule for the hard fork in 5 or 6 weeks!

We will have the public testnet out soon, so that everyone can put in ridiculous proposals and try to break the code like we have been doing so far.

I know this is a lot to ask, but once the public testnet comes out we are going to need everyone to be really nitpicky.  We will only have source code available at the beginning but during that time if everyone could really just come together and just tear into it; that would be great!

I will also be posting guides for masternode setup at that time, so also feel free to really dig into those things.  No holds barred!

Our first whiteboard video came out today.  Check it out here: https://youtu.be/5UDmYthgjpk and feel free to subscribe to the Terracoin Youtube channel.

Lastly, I thought I would touch back on a post I did on June 15th, labeled Ride.  In that update I posted some numbers regarding how the community has grown.  Let's look at those again but compare them to current numbers.

Numbers (Forums and Social Media)

August 24th Bitcointalk hits - 95,390 | June 15th Bitcointalk hits - 75,610
August 24th Bitcoingarden hits - 11,771 | June 15th Bitcoingarden hits - 4,359
August 24th Reddit readers - 533 | June 15th Reddit readers - 436
August 24th Slack members - 253 | June 15th Slack members - 49
August 24th Twitter followers - 332 | June 15th Twitter followers - 177
August 24th Telegram members - 92 | Didn't exist
August 24th CryptoCompare followers - 44 | Didn't exist
August 24th Newsletter subscribers - 37 | Didn't exist
August 24th Youtube subscribers - 0 | Didn't exist
August 24th Cryptopia Forum hits - 0 | I plan on starting this up this weekend

Now for the real numbers!

Numbers

30 days ago we were at 0.00003108 BTC (.0856 USD) and today we are at 0.00002302 BTC (.1002 USD).

We are ranked 331 on coinmarketcap with a market cap of $2,118,292 USD. Last week our market cap was $1,596,211 USD.

Source: http://coinmarketcap.com/currencies/terracoin/#charts

Donation Addresses

Terracoin: 12bTKJL3UiypnVQMyFXg7eCJudAyAtgh6p
Bitcoin: 14LW52k8vhHvHaGfmgx48d3su4RcKPyKcc

Terracoin Donations for the World Address

1BQH6gBzkxxyMQG3VSJCHnmVGfWu64nbPL

Public Slack Invite

https://join.slack.com/t/terracoin/shared_invite/MjI4NDQ2ODM0MDIxLTE1MDMwMTgwNzMtYmMzZmExZDIxNg

Public Telegram Invite

https://t.me/terracoin

Newsletter Subscription

http://eepurl.com/cYRTwn

[vinipoars]

August 24th Terracoin Update - Unabated

Testing continues unabated, and we are on schedule for the hard fork in 5 or 6 weeks!

We will have the public testnet out soon, so that everyone can put in ridiculous proposals and try to break the code like we have been doing so far.

I know this is a lot to ask, but once the public testnet comes out we are going to need everyone to be really nitpicky.  We will only have source code available at the beginning but during that time if everyone could really just come together and just tear into it; that would be great!

I will also be posting guides for masternode setup at that time, so also feel free to really dig into those things.  No holds barred!

Our first whiteboard video came out today.  Check it out here: https://youtu.be/5UDmYthgjpk and feel free to subscribe to the Terracoin Youtube channel.

Lastly, I thought I would touch back on a post I did on June 15th, labeled Ride.  In that update I posted some numbers regarding how the community has grown.  Let's look at those again but compare them to current numbers.

Numbers (Forums and Social Media)

August 24th Bitcointalk hits - 95,390 | June 15th Bitcointalk hits - 75,610
August 24th Bitcoingarden hits - 11,771 | June 15th Bitcoingarden hits - 4,359
August 24th Reddit readers - 533 | June 15th Reddit readers - 436
August 24th Slack members - 253 | June 15th Slack members - 49
August 24th Twitter followers - 332 | June 15th Twitter followers - 177
August 24th Telegram members - 92 | Didn't exist
August 24th CryptoCompare followers - 44 | Didn't exist
August 24th Newsletter subscribers - 37 | Didn't exist
August 24th Youtube subscribers - 0 | Didn't exist
August 24th Cryptopia Forum hits - 0 | I plan on starting this up this weekend

Now for the real numbers!

Numbers

30 days ago we were at 0.00003108 BTC (.0856 USD) and today we are at 0.00002302 BTC (.1002 USD).

We are ranked 331 on coinmarketcap with a market cap of $2,118,292 USD. Last week our market cap was $1,596,211 USD.

Source: http://coinmarketcap.com/currencies/terracoin/#charts

Donation Addresses

Terracoin: 12bTKJL3UiypnVQMyFXg7eCJudAyAtgh6p
Bitcoin: 14LW52k8vhHvHaGfmgx48d3su4RcKPyKcc

Terracoin Donations for the World Address

1BQH6gBzkxxyMQG3VSJCHnmVGfWu64nbPL

Public Slack Invite

https://join.slack.com/t/terracoin/shared_invite/MjI4NDQ2ODM0MDIxLTE1MDMwMTgwNzMtYmMzZmExZDIxNg

Public Telegram Invite

https://t.me/terracoin

Newsletter Subscription

http://eepurl.com/cYRTwn

Really nice video about MN/Decentralized Governance! Glad to see things are going well!

[Snow_Dog]

August 24th Terracoin Update - Unabated

I will also be posting guides for masternode setup at that time, so also feel free to really dig into those things.  No holds barred!

Will we need to have 5000 of the current Terracoin to host a test masternode?

[clockuniverse]

August 24th Terracoin Update - Unabated

I will also be posting guides for masternode setup at that time, so also feel free to really dig into those things.  No holds barred!

Will we need to have 5000 of the current Terracoin to host a test masternode?

You will need test TRC for it, not real TRC.  You will be able to mine the public testnet, and I can send people tTRC for testing.  We reset the testnet this morning so we only have a tiny bit available right now.

As we fix bugs we reset the testnet which is why we haven't released the testnet to the public.  Stray nodes, and miners could cause issues each time we reset it.

[lodasama]

Dividends from the main nodes will be profitable, while TRC's value remains unclear, and I think better to continue to collect Stored in the wallet, which may be part of the main node, will bring more profit from time to time.

[clockuniverse]

Dividends from the main nodes will be profitable, while TRC's value remains unclear, and I think better to continue to collect Stored in the wallet, which may be part of the main node, will bring more profit from time to time.

I think what you are saying is, "Dividends (rewards) from masternodes may not be profitable, during the current price fluctuations, and it may be better to just store TRC in your local wallet.  Then you can sell them during spike profit periods."

You can do that if you want.  I would never disparage someone for making a profit.  Remember I am originally a trader of cryptocoins.

I think the difference in this case is that Terracoin has really been moving forward.  Sure, hold your coins for the next 5 or 6 weeks, but look at the accomplishments that have happened in the past few months.

A new website
Testing of new DASH code is happening
A white board video/youtube channel
masternodes.pro has been funded

Look at the growth of the community which I just posted in my most recent weekly update.

I do think we will probably experience another pump and dump before the hard fork, so pick up 5,000 TRC now (or more if you want to play with it), and just wait it out.

I half agree with your feedback, and I totally understand where you are coming from, but I am going to set up masternodes as fast as possible after the hard fork.

[Romanoff123]

Any list of nodes I can point my wallet toward? For some reason it won't sync up at all with the blockchain.

The Windows wallet has an issue with the DNS, which will be fixed next version.  Here are some nodes:

addnode 62.138.3.214:13333 add
addnode 23.152.0.149:13333 add
addnode 108.61.10.90:13333 add
addnode 82.200.205.30:13333 add
addnode 93.113.101.229:13333 add

Thanks!

I just downloaded the wallet and currently the sync process is ongoing "...4years 39weeks...".
I have added the proposed nodes above.


Are there any more nodes to speed up the sync process of the wallet ?

[clockuniverse]

Any list of nodes I can point my wallet toward? For some reason it won't sync up at all with the blockchain.

The Windows wallet has an issue with the DNS, which will be fixed next version.  Here are some nodes:

addnode 62.138.3.214:13333 add
addnode 23.152.0.149:13333 add
addnode 108.61.10.90:13333 add
addnode 82.200.205.30:13333 add
addnode 93.113.101.229:13333 add

Thanks!

I just downloaded the wallet and currently the sync process is ongoing "...4years 39weeks...".
I have added the proposed nodes above.


Are there any more nodes to speed up the sync process of the wallet ?

It usually takes about 12 hours.  Tell me if the sync isn't continuous!  There is a bootstrap at https://bchain.info/trc/ but no one has tested it yet.

[Romanoff123]

> It usually takes about 12 hours.  Tell me if the sync isn't continuous!  There is a bootstrap at https://bchain.info/trc/ but no one has tested it yet.


Hello clockuniverse,
Thanks a lot for your reply and support.

All went fine and apparently quick by adding these 5nodes. :-) Happily, far less than 12h.

[leslie4u]

So what I understand is that we need to have 5000 TRC in order to run a masternode. Is that correct? Also, would this be setup on a cold/hot wallet concept for Windows/Linux environment?

What is the expected earning from MN per day. I know the numbers cannot be exact value but a rough estimate would help.

The project seems good to me and I am interested in MN hence the questions.

Thanks and have a nice day.

[johnwhitestar]

masternodes.pro has been funded

What is masternodes.pro?

[johnwhitestar]

Our first whiteboard video came out today.  Check it out here: https://youtu.be/5UDmYthgjpk and feel free to subscribe to the Terracoin Youtube channel.

Wow!

[clockuniverse]

So what I understand is that we need to have 5000 TRC in order to run a masternode. Is that correct? Also, would this be setup on a cold/hot wallet concept for Windows/Linux environment?

What is the expected earning from MN per day. I know the numbers cannot be exact value but a rough estimate would help.

The project seems good to me and I am interested in MN hence the questions.

Thanks and have a nice day.

5000 TRC for a masternode is correct!

We recommend a local wallet (could be Windows, Linux, or OSX, once we have them out), and a VPS for security reasons.  The masternode should be run on the VPS because it shows a public IP.

What is masternodes.pro?

It is a masternode stats site.  A lot of people has asked that we get on there for the exposure.  Some awesome people donated $200 USD for it.  Obviously it won't take effect until masternodes are implemented.  So instead of having to do the math about how many masternodes/payouts someone gets you can just send them the link, and it is pretty close to real time.  We will eventually be hosting our own version of it, but that is a ways off.

Our first whiteboard video came out today.  Check it out here: https://youtu.be/5UDmYthgjpk and feel free to subscribe to the Terracoin Youtube channel.

Wow!

We are thinking about doing a series of them.  That one was just a test to see how it came out.  Someone found the guy on Fiverr (which I think you recommended a while ago).  It turned out pretty good, so we are going to do a series of them.  Each one about a minute long, and dealing with a very specific portion of block chain tech.  For example, one dealing with merge mining SHA256, one for block rewards etc.  We also are thinking of getting them in 3 languages, English, Chinese, and Spanish.  The price gets a little expensive for all three languages, and we want to keep putting them out before decentralized governance so we will probably ask for donations.  I will also be posting the scripts publicly before the videos are made.  If anyone wants to write a script for a video feel free to PM me.

[bermudatrian]

on board...syncing the wallet, got the coins for MN..let's see where this goes!

[elelegzet]

in 3 languages, English, Chinese, and Spanish. 

 That's great! I would emphesize that we might need Terracoin forum threads in Chinese and Spanish beforehand. No Chinese and Spanish fellows here yet? It would take just a few minutes to start a thread...

[tehMoonwalker]

started the twitter frenzy, bought a bag, rest is up to you dev

pls rtwt as much as you can

https://twitter.com/tehMoonwalker/status/902148143529291781

[clockuniverse]

in 3 languages, English, Chinese, and Spanish. 

 That's great! I would emphesize that we might need Terracoin forum threads in Chinese and Spanish beforehand. No Chinese and Spanish fellows here yet? It would take just a few minutes to start a thread...

Good point.  Anyone out there that can help with that?

[magalhanze]

Just bagged 5k TRC!

So excited about the incoming hard fork and the masternodes!

Keep the good job Dev

[clockuniverse]

Just bagged 5k TRC!

So excited about the incoming hard fork and the masternodes!

Keep the good job Dev

Thanks!  Looks like quite a few people are bagging 5k right now!

[elelegzet]

 Maybe we might start a new thread, announcing some reasonable translation bounties (there so many people looking for translation work these days) and just to point out that new Terracoin era is approaching ). Some people don't pay any attention to the old threads and hunt for fresh ones ).