Difference between revisions of "Specifications"

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* Two-tier network using masternodes to form the second tier
 
* 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)
 
* Instant transactions ([[InstantSend]]) made possible by the masternode network (Currently disabled as of version 12.1.7)
* [[Budget System (Funding / Voting / DGBB)|Decentralized Governance By Blockchain)]] allows masternode owners to vote on budget [[Proposals|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.
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* [[Budget System (Funding / Voting / DGBB)|Decentralized Governance By Blockchain)]] allows masternode owners to vote on budget [[Using Decentralized Governance: Proposals; Voting; and Budgets|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.

Revision as of 19:46, 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.