[ANN] Terracoin (TRC) - Est 2012

[clockuniverse]

Coinomi has gotten back to me and they had this to say:

"We can perform the integration for Terracoin for you. We used to charge a one-time fee of $1,500 for the integration but we have now adopted the pay-what-you-want approach. The cost of running and managing 2 back-end servers for Terracoin is $100/month if paid upfront for 1 year. Porting to other platforms takes place automatically as they become available (we are very close to releasing the desktop editions for windows, mac and linux; ios and windows phone will follow) for no extra charge. The integration takes 2 weeks in average and goes live in the first update after its completion."

What does everyone think?

It is necessary and useful service for development, and$ 100 a month is small money, especially if these costs stand to suffer at least a few people from the community. I am quite willing to discuss their participation! Let's see how many more people ready to participate!

The other option is to have Mrbodz create the Android wallet, though Coinomi is saying they will create Android, iOS, and Windows wallets in the future.

[alex_under]

I think an Android wallet is the priority! Moreover - it is probably faster and cheaper.

[Belligerent Fool]

It looks like there is an equal amount of votes for adding anonymous transactions, the other half of the votes don't seem to care if those features get added or not, bit of a debacle hey

[clockuniverse]

I think an Android wallet is the priority! Moreover - it is probably faster and cheaper.

So we have a choice with the Android wallet.  We can go with Coinomi which is offering to create it with the above fees and possibilities of offering other wallets.  We can also go with Mrbodz and keep control of the Android wallet in our hands.  Mrbodz helped create the current wallet, and has been very helpful in the past.  I think he said he would charge 1 BTC to compile the Android wallet.  (If I am remembering wrong then someone tell me.)

It looks like there is an equal amount of votes for adding anonymous transactions, the other half of the votes don't seem to care if those features get added or not, bit of a debacle hey

Not really.  Don't care doesn't mean no.  We will be adding anonymous transactions to the next version of Terracoin.  This may take a while to happen.  We still have to work out the best anonymous transactions for TRC, or maybe figure out our own.  This all takes time, ideas and work.  We always welcome new suggestions to make Terracoin better, so feel free to join the discussion.

Thanks for posting on here and welcome to the TRC community!

[clockuniverse]

Terracoin is now listed on Coinpayment's voting page!  Please vote so people can spend their TRC on real products!

https://www.coinpayments.net/vote

[johnwhitestar]

I think that coinomi wallet will cost much more than Mrbodz's. As far as I understand in both cases we will have an Android wallet.
The possibility to have an iOs and Windows phone wallet that coinomi is offering us in the future is just a future possibility. The desktop edition is not our priority for the moment.
And Mrbodz has already created a good wallet for us.
So I suggest to ask him to work on this project.
For my side I'd ask Mrbodz in case he'll go on with the Android wallet project whether it will be possible for him to integrate the Android wallet with a bar code scanner so in case of the real world interaction the buyer will just scan the bar code of the TRC address of the seller to make the payment, in order to avoid the typing errors.

Coinomi has gotten back to me and they had this to say:

"We can perform the integration for Terracoin for you. We used to charge a one-time fee of $1,500 for the integration but we have now adopted the pay-what-you-want approach. The cost of running and managing 2 back-end servers for Terracoin is $100/month if paid upfront for 1 year. Porting to other platforms takes place automatically as they become available (we are very close to releasing the desktop editions for windows, mac and linux; ios and windows phone will follow) for no extra charge. The integration takes 2 weeks in average and goes live in the first update after its completion."

What does everyone think?

It is necessary and useful service for development, and$ 100 a month is small money, especially if these costs stand to suffer at least a few people from the community. I am quite willing to discuss their participation! Let's see how many more people ready to participate!

The other option is to have Mrbodz create the Android wallet, though Coinomi is saying they will create Android, iOS, and Windows wallets in the future.

[clockuniverse]

Only 4 hours left to vote for Terracoin on C-Cex https://c-cex.com/?id=vote

We only need .05 BTC to get in first place!

[alex_under]

Only 4 hours left to vote for Terracoin on C-Cex https://c-cex.com/?id=vote

We only need .05 BTC to get in first place!

These 0.05 was not enough! But the victory is closer than ever!

[alex_under]

Yes - we did it!!! Another little victory!

https://c-cex.com/?id=vote

[IconFirm]

Congratulations Terracoin on getting listed at C-Cex!!

[c-cex]

Welcome!
Please, wait for wallet sync. Status is here: https://c-cex.com/?id=ws

[clockuniverse]

Welcome!
Please, wait for wallet sync. Status is here: https://c-cex.com/?id=ws

Awesome! I will be posting on twitter and updating everything about C-Cex once the wallet has synced.

[alex_under]

It's funny that on the C-CEX exchange at the same time there are Tera, Terra and TerraCoin.

[Radent]

How much amount max supply of TRC? POW only or PoS too?

[Coin_trader]

being at C-CEX is great, it will surely help the TRC, look now and you can see that the real value of this coin.
the price is soaring high and getting big unlike when it was on the other exchange with low volume and prices, now it's gaining volume and the real value is yet to come.

[Apriand]

being at C-CEX is great, it will surely help the TRC, look now and you can see that the real value of this coin.
the price is soaring high and getting big unlike when it was on the other exchange with low volume and prices, now it's gaining volume and the real value is yet to come.

Yes, more exchange more trader will know about TRC and will make price increase. Im sure TRC will be great at c-cex and make price also increase at another exchange.

[clockuniverse]

It's funny that on the C-CEX exchange at the same time there are Tera, Terra and TerraCoin.

Yeah, isn't that weird?  I looked into both of them and they seem irrelevant.

How much amount max supply of TRC? POW only or PoS too?

POW only with merge mining and Dark Gravity Wave.  42 Million max money.

being at C-CEX is great, it will surely help the TRC, look now and you can see that the real value of this coin.
the price is soaring high and getting big unlike when it was on the other exchange with low volume and prices, now it's gaining volume and the real value is yet to come.

Yes, more exchange more trader will know about TRC and will make price increase. Im sure TRC will be great at c-cex and make price also increase at another exchange.

I imagine the price will calm down a little bit (why does everything happen when I am sleeping!) since the jump was so quick and people can make some quick easy money.

Which exchange does everyone think I should try to get us added to next?

Exchange Submissions

Bittrex – bittrex.com – (11/3/16) – Need to show more community interest (tweets, hashpower, volume, etc)
BTC-E – btc-e.com – (10/26/16) – Said they don’t discuss if they are adding new coins
Bter – bter.com – (12/30/16) – Haven’t heard back
Poloniex – poloniex.com – (11/28/16) – Said they would think about it
Yobit – Community suggested that we don’t submit Terracoin

Also remember to vote on getting Terracoin on Coinpayments!!!!
https://www.coinpayments.net/vote

If you donate $5 USD on terracoin.org website I will put all of that into voting for getting Terracoin on Coinpayments!  (Scroll to the very bottom on the home page and click on the button.  You can pay with a variety of altcoins besides TRC)

[johnwhitestar]

Dear clockuniverse,
are you sure we need to get into coinpayments?
For me it's not quite clear what service they are offering.
As I wrote before, I got an e-mail from them where they were explaining that they don't really change any cryptocurrency not even into BTC, they just calculate you the value of the altcoin in BTC, which you can do by yourself using Excel.
Am I missing something?
 

If you donate $5 USD on terracoin.org website I will put all of that into voting for getting Terracoin on Coinpayments!  (Scroll to the very bottom on the home page and click on the button.  You can pay with a variety of altcoins besides TRC)

[clockuniverse]

For A) I suggest BTC38. If we just can manage to get into a Chinese exchange, it would really do great. BTC38 has it's trade_en pages and one can submit questions and they answer in english (depends who is there, sometimes they use google translate and occasionally someone DO speak english).

for B) I suggest that you list all people that donated at least 5$ worth of coins to the TRC foundation. Only list those who are willing to do so. List them by bitcointalk-nicks?

A) I'll put BTC38 on the list.

B) Definitely!  Eventually I think I am going to up that amount to $25 like the BTC Foundation does.

Dear clockuniverse,
are you sure we need to get into coinpayments?
For me it's not quite clear what service they are offering.
As I wrote before, I got an e-mail from them where they were explaining that they don't really change any cryptocurrency not even into BTC, they just calculate you the value of the altcoin in BTC, which you can do by yourself using Excel.
Am I missing something?

It doesn't look like they convert the coins for you, but if we get on Coinpayments TRC would then be available to use with all of their current vendors (supposedly over 121,000).
They also have all the buttons and API's already set up and developed. https://www.coinpayments.net/merchant-tools
They also have a phone app that allows you to see your balances and use it as a POS.
I'm not sure why we wouldn't want to get on there.  What are the reasons you think it is a bad idea?

I am not sure what you mean about tracking transactions with an excel file.  A merchant button has to pull real time prices and calculate them to match a FIAT currency and then process the transaction depending on the item picked.  If the sales were really low and only a few a day it would be easy to track them on an excel file, but if you were doing tons, and trying to keep track of who bought what it would be a lot harder.

[johnwhitestar]

It doesn't look like they convert the coins for you, but if we get on Coinpayments TRC would then be available to use with all of their current vendors (supposedly over 121,000).
They also have all the buttons and API's already set up and developed. https://www.coinpayments.net/merchant-tools
They also have a phone app that allows you to see your balances and use it as a POS.
I'm not sure why we wouldn't want to get on there.  What are the reasons you think it is a bad idea?

I am not sure what you mean about tracking transactions with an excel file.  A merchant button has to pull real time prices and calculate them to match a FIAT currency and then process the transaction depending on the item picked.  If the sales were really low and only a few a day it would be easy to track them on an excel file, but if you were doing tons, and trying to keep track of who bought what it would be a lot harder.

Sorry I was looking at the question from the prospective of my project.

Generally speaking the biggest problem of BTC and TRC as well for every retailer is their high volatility, and there are many few of them that would risk their profits holding all the BTCs or TRC after they've sold their products, because they'll have to pay their suppliers in fiat.

So for the sake of tracking and accounting probably the Coinpayments are very useful, but for me the merchant tool is something that exchanges the cryptocurrency immediately into fiat, without  risking a dime at the current market rate, because the retailer is not a trader, it's another job. Something like Bitpay.

In any case of course the possibility to advertise TRC to 120,000 vendors is a great thing.