Difference between revisions of "Specifications"
From Terracoin Wiki
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* [[Glossary#SHA256|SHA256]] hashing algorithm |
* [[Glossary#SHA256|SHA256]] hashing algorithm |
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* Block reward is controlled by the [[Emission Rate|emission rate]]: Reward Halving on every 1,050,000 blocks |
* Block reward is controlled by the [[Emission Rate|emission rate]]: Reward Halving on every 1,050,000 blocks |
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Revision as of 18:54, 25 February 2018
Current Terracoin Core Specifications
- SHA256 hashing algorithm
- Block reward is controlled by the emission rate: Reward Halving on every 1,050,000 blocks
- Merge mining (AuxPow)
- Block generation: 2 minutes
- Difficulty Re-targets using Dark Gravity Wave - Improved Kimoto Gravity Well - Exponential Moving Average weighted adjustment
- Total coins: 42M
- Decentralized Masternode Network
- Superior Transaction Anonymity using PrivateSend
- Two-tier network using masternodes to form the second tier
- Instant transactions (InstantSend) made possible by the masternode network (Currently disabled as of version 12.1.7)
- Decentralized Governance By Blockchain) allows masternode owners to vote on budget proposals and decisions that affect Terracoin. Budget proposals fund Terracoin development and come directly from block rewards, i.e. Terracoin development is self-funded by its own blockchain.