[ANN] Terracoin (TRC) - Est 2012

[clockuniverse]

Only about 3 days at the current block rate left until 1087500. I will definitely be waiting eagerly

My math says 10.54 days.  Someone double check it.  Each block is two minutes.

1,087,500 - 1079911 = 7589 blocks

7589 / 30 (blocks an hour) = 252.966666667 hours

252.966666667 / 24 (hours in a day) = 10.5402777778 days

If so that is around the 30th at 4 am PST.  We may need to move the block forward a little bit so I don't have to stay up all night, and we actually hit the 29th. 

Someone double check that for me.  Thanks!

I guess I did my math wrong and thought we were only about 70 hours from the block! either way I'm excited to see how it plays out~

Thanks for checking on it!  Always better to have a couple of eyes check it out.  Wouldn't want to get a hard fork surprise!

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[thecryptocartel]

Are we going to need to remove our coins from exchanges (cryptopia) to make the hard fork?

[clockuniverse]

Are we going to need to remove our coins from exchanges (cryptopia) to make the hard fork?

I always recommend storing your coins in a local wallet just in case an exchange disappears one night, but I will be in contact with all six exchanges we are on.  I will give daily updates on what is going once the new wallet is out!

[wwzsocki]

I have found this coin some time ago but I have never take second closer look  because of the name Terracoin  . Just not professional when I look at this name I see coin used to pay for entry to jurassic park    Few days ago I have read a little more about  this project and found it interesting with strong and supportive community. With ongoing development this could be a real good investment.

Is there a possibility to change that name

[hanzac]

I have found this coin some time ago but I have never take second closer look  because of the name Terracoin  . Just not professional when I look at this name I see coin used to pay for entry to jurassic park    Few days ago I have read a little more about  this project and found it interesting with strong and supportive community. With ongoing development this could be a real good investment.

Is there a possibility to change that name

Terra is the Latin name for Earth. It's solid and support life to grow.
And Terracoin has a history as one of the earliest altcoins.

[clockuniverse]

I have found this coin some time ago but I have never take second closer look  because of the name Terracoin  . Just not professional when I look at this name I see coin used to pay for entry to jurassic park    Few days ago I have read a little more about  this project and found it interesting with strong and supportive community. With ongoing development this could be a real good investment.

Is there a possibility to change that name

Terra is the Latin name for Earth. It's solid and support life to grow.
And Terracoin has a history as one of the earliest altcoins.

Like Hanzac said, it is Terracoin as in a Cryptocoin for the World.  It also has a lot of name recognizance since it has been around for so long (in crypto years).

I also have been cloning dinosaurs, so there is that too.

[thecryptocartel]

Are we going to need to remove our coins from exchanges (cryptopia) to make the hard fork?

I always recommend storing your coins in a local wallet just in case an exchange disappears one night, but I will be in contact with all six exchanges we are on.  I will give daily updates on what is going once the new wallet is out!

Fully agree. Trying to get my VPS setup with a wallet in time for the fork for my Masternode

[ddude]

is there a bootstrap that I can use? current wallet shows 4 years of data, that needs to be downloaded. 

[clockuniverse]

is there a bootstrap that I can use? current wallet shows 4 years of data, that needs to be downloaded. 

I was about to respond to this, but we already discussed on Discord.

For everyone else, there really isn't a bootstrap.  The blockchain takes about 3-6 hours to sync, less time on the new wallet.

[fafelu1]

Whats the expected price increase for TRC after the upgrade?

[bermudatrian]

Whats the expected price increase for TRC after the upgrade?

about 3.50

[tammuz]

Will we have swap in 10 days?
If so, how it will be performed? Via exchange or via personal messages?

[hanzac]

Will we have swap in 10 days?
If so, how it will be performed? Via exchange or via personal messages?

No, it's just hard fork from original chain. All addresses are valid after fork.

[clockuniverse]

Whats the expected price increase for TRC after the upgrade?

It is hard to guess, but I would like to see it come up to around at least a $1 USD so that we can pay the team members a market rate.

Will we have swap in 10 days?
If so, how it will be performed? Via exchange or via personal messages?

No, it's just hard fork from original chain. All addresses are valid after fork.

You will just need to swap out your exe or any binaries you are using on your local machine.  I will be posting instructions too.

[Judge-Dredd]

If anyone wants to sell TRC off exchange at $0.10 a piece let me know. Buying in bulk 

[bobitza202]

That's some very important hash power over there  

[clockuniverse]

That's some very important hash power over there  

I would say the network is secure!

[alex_under]

The speed and ease with which the market is less than 2 weeks has absorbed more than 600 thousand coins from the largest (until recently) of the wallet - surpasses all expectations! Looks like someone decided to sell all the coins at the price of 3001 and above - from almost 2 million coins just over 200 thousand, after the sale which it is possible to expect a shortage of coins at current price levels, and hence faster growth!

[clockuniverse]

September 21st Terracoin Update - Mandatory

MANDATORY UPGRADE OF THE TERRACOIN WALLET!

There is a mandatory upgrade of the Terracoin wallet in preparation for the hard fork on block 1087500 which will enable masternodes and decentralized governance.

Everyone must upgrade their wallet by block 1087500, which with current block timing is falling between the 29th and the 30th of this month!

We really need to get the word out to as many people as possible.  So please post and talk to everyone you know.

This is a mandatory update which means if you continue to use the old wallet you will be on the wrong block chain and you won't be able to send or receive TRC from that wallet.

We also need to make sure that all of the mining pools (or whoever is throwing that crazy hash at TRC) have updated their wallets, otherwise the coins they mine will be worthless.

Always back up your wallet.dat file!  Always back up your wallet.dat file!

Download the new wallets here: https://github.com/terracoin/terracoin

We will be using this repository going forward, but the old one has been updated as well.

The first time you run the binaries (or exes) it will create a new terracoincore folder.  You can manually make it use your old terracoin app folder, but I recommend using the new folder.  Stop (or close) the binaries and copy all of your files, except the peers.dat file over from the old folder into the new folder.  That way you have an exact duplicate of your old data.  (Except the peers.dat file, you will find .12.1.5 nodes faster without it, and you won't fully sync till you connect to a .12.1.5 masternode.) 

Restart new binaries/exes.

It will say that it needs to reindex, so let it.  Once it is done reindexing just sit back and wait for it to find .12.1.5 peers and masternodes.  If it gives you an error saying network sync has failed, don't worry you just haven't gotten a .12.1.5 masternode yet.  It will try again later.

If you are not sure how to do this please ask on one of the many forums.  It is better to be safe then sorry!

I will be posting close to daily updates on which exchanges have updated their wallets and which haven't.  If you see an exchange put the Terracoin wallet in maintenance that probably means they are upgrading it!

Hopefully we will have a Mac wallet out middle of next week.

In other news, the whale is now almost done with only ≈231,000 TRC left.  He won't be around much longer.  If you can get your TRC cheaper somewhere else then please do, but he has been consistantly selling to buy orders at .00003001 on Cryptopia.  Once he is gone the price will most likely rise, so get it while you can!

Oh yeah, if you want you can set up your masternodes now, though you won't get rewards until the hard fork.

Numbers

30 days ago we were at 0.00001935 BTC (.0771 USD) and today we are at 0.00003010 BTC (.1098 USD).

A year ago we were at 0.00000442 BTC (.0026 USD).

We are ranked 321 on coinmarketcap with a market cap of $2,341,404 USD. Last week our market cap was $2,157,630 USD.

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

Donation Addresses

Terracoin: 12bTKJL3UiypnVQMyFXg7eCJudAyAtgh6p
Bitcoin: 14LW52k8vhHvHaGfmgx48d3su4RcKPyKcc

Terracoin Donations for the World Address

1BQH6gBzkxxyMQG3VSJCHnmVGfWu64nbPL

Public Discord Invite

https://discord.gg/r3QVQRN

Public Slack Invite

https://join.slack.com/t/terracoin/shared_invite/enQtMjQxNzU5NTY5NTIwLWJkNzIzOThhYzkyNGEyMDBmNjY2OWM2NmNhYzM0YjNmNzdlZWJkYjA3ZDgwYzkwMmMyYmM3OWNkMDQ2ZTIxYzk

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Newsletter Subscription

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Youtube

https://www.youtube.com/channel/UCVt88faiKRWbMqaH_i6gXPA

[clockuniverse]

Sorry i am new to this coin
That github link is very confusing for me , a lot of files
Can i use this link(the one on the main page of the announcement) to download the new windows wallet?
https://github.com/clockuniverse/terracoin/releases

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I downloaded the wallet and it says "Terracoin Core versione v0.12.1.5-944d3a5f7 (64-bit)"
Is it save for the fork?
Can i now download all my coins from cryptopia and send them to the wallet , and be safe?
Can you conferm please?
Thanx

That is the newest version.  I always like to wait till the wallet is synced before I send coins to it.  If you are setting up masternodes you want to make sure you are sending exactly 5000 TRC per transaction.  So, if you are sending from Cryptopia you want make sure you include the transaction fee.

On a side note NovaExchange has already put their wallet into maintenance to upgrade it.  If you can get TRC cheaper then 3001 then please throw some volume at NovaExchange.  They have always been good to TRC.