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[ANN] - Terracoin (TRC) - Est 2012


clockuniverse
Gender: Unknown
Country: Unknown
Threads: 1, Posts: 13
#0




 



 
SHA-256 Algorithm
42 Million coins
Reward Halving 1050000 blocks
20 TRC per block
Merged Mining
Dark Gravity Wave Difficult Recalculation
Each block is generated approximately every 2 minutes






      







OFFICIAL
 



OTHER MINING POOLS
 







OFFICIAL
 



OTHER BLOCK EXPLORER
 







     

 

 

 

   FILIPINO  by  Coin_trader
    ITALIAN  by  johnwhitestar
RUSSIAN  by  elelegzet
 
 

 

CORETEAM



Coin_Trader - Filipino Translator
craslovell aka Terracoin-PR - Marketing Specialist
cynixali - Web Designer
elelegzet - Russian Translator
hippocrypto - ANN Designer
johnwhitestar - Italian Translator
rehrar - Web Designer
sixoffive - Developer




¤ Volunteers Wanted ¤

 Developers
 Web Developers
 Mining Specialists

You!!
Yes, we need you to improve the TRC community with your words and actions.

 


¤ Terracoin General Donation Address ¤


12bTKJL3UiypnVQMyFXg7eCJudAyAtgh6p

 

¤ Bitcoin General Donation Address ¤


14LW52k8vhHvHaGfmgx48d3su4RcKPyKcc

 

¤ DASH Decentralized Management Donation Totals ¤

 

34,656.89725820 Terracoin (TRC)
.0 Bitcoin (BTC)

 

 

Implement DASH's decentralized governance
Get at least two volunteer developers
Get merchant services. (coinpayments.net)
Get on more exchanges
Mobile (Android) wallet
Form a not for profit for The Terracoin Foundation

 





  WARNING !!!  

Various other Developers have tried to use the name Terracoin
None of them are on the original blockchain, and all of them are SCAMS. 
Feel free to post here or PM me if you have questions.



VIRCUREX is dead. Do not trade on Vircurex. Vircurex is Dead!





 

Updated 9.17.17


Posted: 8/28/2016 4:09:13 AM Edited: 9/26/2017 6:28:52 PM
clockuniverse
Gender: Unknown
Country: Unknown
Threads: 1, Posts: 13
#1

September 7th Terracoin Update - Date

 

We have set a block, and date for the hard fork!

 

We will be hard forking on block 1,087,500 which is approximately September 29th. This hard fork block won't change unless the community finds something catastrophic in the code, which is highly unlikely.

 

This also means that the public testnet is ready for testing!

 

DO NOT TEST ON YOUR CURRENT TERRACOIN WALLET/WALLET FOLDER

 

Also, always back up your wallet.dat file before messing around. No joke. Back that file up!

 

The code is here: https://github.com/terracoin/terracoin and we have Windows EXEs available on the releases tab. You can open issues directly on github, or contact me on one of the many forums, etc.

 

We are excited to have the whole community jump in and help out, and like I said in a previous weekly update, we need everyone to be as critical as possible. A week from now I would like to start contacting mining pools, exchanges, etc and have them update their wallets in preparation for the hard fork.

 

If you need help compiling the code on Linux, or setting up a masternode feel free to ask. I have a feeling we are going to get swamped with questions, so please be patient as we work our day jobs, and sleep. I will also be posting a rough draft of my masternode/compile setup guide, so please give any input on it that you can.

 

Once you get your wallet all ready to go (remember to run it with the -testnet option) then post your tTerracoin address (fake Terracoin) and I can send you 5000 tTRC so you can set up a masternode. I know some people want to test out two at a time, so once the first wave is done I can send you another 5,000 tTRC. If you are done testing then please send the tTRC back to the address below so other people can get a chance to test too. Return tTRC address: mjirbjPj1AaMViNDntVMCA8W12QGzyNUJy

 

The testnet does allow two masternodes for one IP. This will not work once the hard fork happens.

 

(I know this is a long weekly update, but keep reading. We are on a new exchange and we have a Discord server set up.)

 

Last week I opened up the discussion about the cost of a proposal (5 TRC to put in a proposal), but I didn't really like the fact that the 5 Terracoin was destroyed once a proposal was accepted for vote.

 

The team agreed with me, and the proposal cost is now sent into the block chain as a block reward which will be split between the miners and the masternodes.

 

We are not sure if any other coin has done this before so we need this part tested with extreme critical thought.

 

There is one problem with this idea. A masternode owner can look up when they are going to get paid next, and then spam proposals for 2.5 Terracoin (since the know they will get the 2.5 reward).

 

In an effort to combat this we have decided to raise the proposal cost to 10 TRC, which is currently about a $1.40 per proposal.

 

If you feel passionate about the cost of a proposal fee, or about proposal fees getting destroyed/not destroyed feel free to post on any of the forums/social media below.

 

Thanks to Jacob Kerr for coming to the rescue and turning the DASH wallet Terracoin green for us!

 

Also thanks to the whole community! Everyone has been amazing and understanding while we have been working on this!

 

Other News

 

Alex_Under got Terracoin on Coinexchange.io!

https://www.coinexchange.io/market/TRC/BTC

 

Peace has set up a Discord server, and here is the invite: https://discord.gg/r3QVQRN

 

I have started updating the Cryptopia forum, which can be found here: https://www.cryptopia.co.nz/Forum/Thread/815

 

C-Cex is saying they are going to delist Terracoin. I guess we don't have the volume that is required. According to their front news page Terracoin needs .2 Bitcoin volume a day, but after talking with their support we need .4 Bitcoin a day. This means we need 12 bitcoins worth of volume a month, which really isn't that much.

 

We have until the 20th to up our volume, if you want to help keep us listed there then please trade on there. If you just have Terracoin sitting on there make sure to get it to another exchange or a local wallet before then.

 

I am going to keep trading on there until around the 19th to see if we make it. I will keep everyone up to date on the situation.

 

Numbers

 

30 days ago we were at 0.00002920 BTC (.0987 USD) and today we are at 0.00003209 BTC (.1479 USD).

 

We are ranked 311 on coinmarketcap with a market cap of $3,139,664 USD. Last week our market cap was $2,985,813 USD.

 

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

 

Fake tTRC Return Address

 

mjirbjPj1AaMViNDntVMCA8W12QGzyNUJy

 

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/MjI4NDQ2ODM0MDIxLTE1MDMwMTgwNzMtYmMzZmExZDIxNg

 

Public Telegram Invite

 

https://t.me/terracoin

 

Newsletter Subscription

 

http://eepurl.com/cYRTwn

 

Youtube

 

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



Posted: 9/8/2017 2:18:02 AM
clockuniverse
Gender: Unknown
Country: Unknown
Threads: 1, Posts: 13
#2

September 14th Terracoin Update - Whaling/China

 

It is time to start whaling, and ignoring China.

 

As we get closer to the hard fork date (September 29th) many people wonder why the price hasn't risen though more and more people have been buying Terracoin for a masternode.

 

The reason behind this is that there is a very large holder of TRC on Cryptopia who will generally sell to buy orders at .00003001 btc, if the total amount of the sale is enough (meaning he ignores little numbers). He started with around 1,900,000 TRC and over the past couple of months we have whittled him down to ≈750,000.

 

We believe that he is one of the people who picked up a whole slew of different coins from the Cryptsy lawsuit.

 

What does this mean to you? It means we have 150 inexpensive masternodes for sale! Once those are gone the price will probably rise, so get them while they are cheap!

 

You could probably also make some money off of arbitage, which would also help spread the inexpensive masternodes around!

 

I guess I have to write about China.

 

The recent news from China has caused a massive drop in the price of Bitcoin, though Terracoin has remained pretty much uneffected.*

 

All this has done is prioritize The Terracoin Foundation's goal of getting on a decentralized exchange (or creating our own in the far future.) With a decentralized exchange no country can arbitrarily mess with a cryptocoin.

 

To summarize (tldr), lets take care of this whale, and ignore China.

 

Thanks again to our community! Everyone is awesome, and if you want to join our community check out some of the links below. I try to be as available as possible.

 

Terracoin is dedicated to helping the world while becoming a replacement for fiat currencies.

 

Numbers

 

30 days ago we were at 0.00001886 BTC (.0823 USD) and today we are at 0.00003027 BTC (.1014 USD).

 

A year ago we were at 0.00000503 BTC (.0030 USD).

 

We are ranked 312 on coinmarketcap with a market cap of $2,157,630 USD. Last week our market cap was $3,139,664 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/MjI4NDQ2ODM0MDIxLTE1MDMwMTgwNzMtYmMzZmExZDIxNg

 

Public Telegram Invite

 

https://t.me/terracoin

 

Newsletter Subscription

 

http://eepurl.com/cYRTwn

 

Youtube

 

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

 

*If the BTC/USD price falls then the USD price of TRC also falls (along with all other coins), but if you look at BTC/TRC is show that the value of BTC/TRC hasn't really changed. What this means is that people who hold TRC are not panic selling TRC to cash out BTC.



Posted: 9/15/2017 1:37:42 AM
clockuniverse
Gender: Unknown
Country: Unknown
Threads: 1, Posts: 13
#3

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

 

Public Telegram Invite

 

https://t.me/terracoin

 

Newsletter Subscription

 

http://eepurl.com/cYRTwn

 

Youtube

 

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



Posted: 9/22/2017 1:20:38 AM
clockuniverse
Gender: Unknown
Country: Unknown
Threads: 1, Posts: 13
#4

Monday Sept. 25th Quick Terracoin Update

 

MANDATORY UPGRADE OF THE TERRACOIN WALLET UPDATE

 

As we get closer to the hard fork block I thought I would send out a quick update.

 

New wallets are here: https://github.com/terracoin/terracoin/releases

 

This is a mandatory upgrade. Everyone must upgrade! We will have a Mac wallet out soon.

 

It looks like the word is spreading and we currently have 76 masternodes enabled. Theses masternodes will not get rewards until the hard fork at block 1,087,500.

 

If you need help setting up your masternodes feel free to ask on our many different forums/social media.

 

If you want to set up a masternode and don't want the hassle we have been added to two masternode hosting services. Check them out: nodeshare.in & node-vps.com

 

Exchange Update Progress

 

Coingather - Waiting on ticket reply

Coinexchange - In Progress

C-Cex - Updating now!

Cryptopia - Accepted and sent to wallet team

NovaExchange - Done! (They did it immediately!)

TradeSatoshi - Exchange down for maintenance till tomorrow

 

The whale is no more and the numbers show it!

 

Numbers

 

30 days ago we were at 0.00002104 BTC (.0914 USD) and today we are at 0.00004893 BTC (.1922 USD).

 

A year ago we were at 0.00000601 BTC (.0036 USD).

 

We are ranked 283 on coinmarketcap with a market cap of $4,102,038 USD. Last week our market cap was $2,668,875 USD.

 

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



Posted: 9/26/2017 12:51:02 AM
clockuniverse
Gender: Unknown
Country: Unknown
Threads: 1, Posts: 13
#5

Wednesday Sept 27th Terracoin Quick Update

 

A quick update on what is going on.

 

The blocks have been coming in a little over 2 minutes each so the hard fork will happen on the 30th. Same block, (1,087,500) just a different time. I will be awake and ready whenever it happens.

 

We have 179 active masternodes on the mainnet already and we haven't even hard forked over yet!

 

We had a couple of users create guides to help people set up masternodes, so check them out. Please donate to their TRC addresses if you find them useful!

 

Lama Lamic's Guide: https://drive.google.com/open?id=0B6wHcTCr1qh3c2hUR1BQbkh0M2s

 

U3mur4's Guide: https://github.com/u3mur4/terracoin

 

I also created a guide that is mostly finished: https://drive.google.com/open?id=0B6wHcTCr1qh3S09rMUI5dmhoNnc

 

Exchange Update

 

C-Cex - Done!

Coinexchange.io - In progress

Cryptopia - Later today!

NovaExchange - Done!

 

CoinGather - No response to support ticket

TradeSatoshi - No response to support ticket

 

Just to be safe I would start to pull your TRC off of CoinGather and TradeSatoshi. Once the hard fork hits your TRC will be lost if you try to send or receive TRC to either of those exchanges until they update their wallets. I am sure they will update them at some point, but it is better to be safe then sorry!

 

Monday we will start to actively badgering Bittrex to add TRC to their exchange.

 

If you need any help on anything please post on the many forums or tweet at me.

 

Thanks!

 

Numbers

 

30 days ago we were at 0.00002343 BTC (.1019 USD) and today we are at 0.00006004 BTC (.2523 USD).

 

A year ago we were at 0.00000425 BTC (.0025 USD).

 

We are ranked 270 on coinmarketcap with a market cap of $5,388,929 USD. Last week our market cap was $2,512,847 USD.

 

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



Posted: 9/28/2017 12:48:06 AM
clockuniverse
Gender: Unknown
Country: Unknown
Threads: 1, Posts: 13
#6

September 28th Terracoin Update - Countdown!

 

We are counting down to the hard fork which will happen in approximately 42 hours!!

 

If you are wondering why the date or time seems to flucutate that is because when we calculate the date we use the block time of two minutes. In reality, blocks aren't generated every two minutes but when a block is solved. This usually averages out to around 2 minutes but lately it has taken a little bit longer, which is why the time keeps changing.

 

As we get closer you can calculate a rough guess yourself. Take 1,0875,000 (the hard fork block) and subtract the current block. This can be found on a block explorer such as https://bchain.info/trc/ or in your wallets on the information tab. Then divide that number by 30 which is the number of blocks an hour.

 

For example: 1087500-1086238=1262. 1262/30≈42 hours.

 

Join us in our countdown!

 

In other news Cryptopia has put their wallet in maintenance to upgrade for the hard fork!

 

I am regularly checking on the other exchanges to make sure things are happening.

 

I will update as I get info.

 

This is an exciting time for Terracoin so please join our forums and social media to be there for the hard fork!

 

Thanks and sorry this weekly update is late. I am a little behind today, kind of like the blockchain.

 

Also there are already over 200 masternodes online!

 

If you haven't updated your wallet to 12.1.5 please do before the hard fork!

 

Numbers

 

30 days ago we were at 0.00002435 BTC (.1069 USD) and today we are at 0.00005160 BTC (.2102 USD).

 

A year ago we were at 0.00000400 BTC (.0024 USD).

 

We are ranked 287 on coinmarketcap with a market cap of $4,492,054 USD. Last week our market cap was $2,445,562 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

 

Public Telegram Invite

 

https://t.me/terracoin

 

Newsletter Subscription

 

http://eepurl.com/cYRTwn

 

Youtube

 

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



Posted: 9/29/2017 5:34:21 AM
clockuniverse
Gender: Unknown
Country: Unknown
Threads: 1, Posts: 13
#7

Monday Oct 2nd Quick Update

 

The dragon has been slain!

 

With a massive amount of rented hash we were able to get the blockchain moving again. The blocks are still coming in very slowly, but with each block the difficulty drops down a little more.

 

We have had 6 masternode payouts (lucky guys!) and it looks like everything else is solid!

 

A big thank you to the community for being so supportive during the 38 hour block. The price only took a minor down turn during that whole period which shows that we have a rock solid community that truly believes in Terracoin.

 

I have checked in with all of the exchanges and have updated info below.

 

Exchange info

C-Cex - Done!

Cryptopia - Waiting for wallet to sync - Version number will automatically update when it is done.

Coinexchange.io - Still in maintenance - Emailed

Coingather - No response - DO NOT REMOVE YOUR COINS FROM HERE TILL THEY UPGRADE!!! You cannot send between an old wallet and a new wallet!

TradeSatoshi - Done!

NovaExchange - Done!

 

Numbers!

30 days ago we were at 0.00003033 BTC (.1381 USD) and today we are at 0.00005606 BTC (.2485 USD).

 

A year ago we were at 0.00000454 BTC (.0027 USD).

 

We are ranked 279 on coinmarketcap with a market cap of $5,313,057 USD. Last week our market cap was $3,509,723 USD.

 

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



Posted: 10/2/2017 3:37:42 PM
clockuniverse
Gender: Unknown
Country: Unknown
Threads: 1, Posts: 13
#8

Oct 5th Terracoin Update - Patiently

 

We are past the hard fork, and we defeated the dragon block and now we just need to wait patiently for Cryptopia and CoinExchange to take their wallets out of maintenance.

 

While we wait I think it would be a good time to start trying to get on another exchange. I think we are all in agreement that Bittrex should be the next exchange we aggressively try to get on.

 

Tomorrow I will be starting a twitter campaign asking them to add Terracoin. You can help by retweeting my tweets at them, or by sending your own.

 

If you create your own tweet remember we want Bittrex to know what Terracoin is about. Here is what I will tweet tomorrow to give you a reference.

 

@BittrexExchange #Terracoin has decentralized governance, masternodes and we are dedicated to helping the world! Add our rising star! $trc

 

We will want to be tweeting at them every day so that they know we have an active vibrant community.

 

In other news we have 370 active masternodes! I have set up 2 of the Terracoin Foundation masternodes and will have the other 5 up in the next couple of days. The rewards from the Terracoin Foundation masternodes will be used to donate to worthly non-profits around the world. We also still have the 80,000 TRC to be donated to non-profits once TRC is above $1 for a month.

 

If you would like to help out growing the number of Terracoin Foundation masternodes please donate TRC to the Donations for the World address below. We already have 1,500 TRC for the next masternode.

 

If you need help setting up a masternode or just have general questions feel free to drop by the forums or groups below.

 

Thanks for everyone's patience during the 33 hour block! That was a rough one!

 

Terracoin is now on the right path to begin innovating, growing and kicking ass!

 

Numbers

 

30 days ago we were at 0.00003229 BTC (.1454 USD) and today we are at 0.00005643 BTC (.2441 USD).

 

A year ago we were at 0.00000430 BTC (.0026 USD).

 

We are ranked 272 on coinmarketcap with a market cap of $5,220,590 USD. Last week our market cap was $4,294,752 USD.

 

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

 

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

 

Public Telegram Invite

 

https://t.me/terracoin

 

Newsletter Subscription

 

http://eepurl.com/cYRTwn

 

Youtube

 

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



Posted: 10/6/2017 3:07:14 AM
clockuniverse
Gender: Unknown
Country: Unknown
Threads: 1, Posts: 13
#9

Proposal Update

 

We have released the guide on how to put in a proposals. It can be found here:

 

https://github.com/terracoin/proposals

 

Use Issues on github so that people can comment on your proposal.

 

I have also put in my first proposal which can be found here:

 

https://github.com/terracoin/proposals/issues/2

 

It is for team pay. 30% of the budget for 12 months. Since it is reoccurring it will need to be voted on each month, so if you change your mind in a couple of months you can down vote it then.

 

To vote yes copy and paste the line below into your debug console.

 

gobject vote-many 426fe4773fa5ce238a3bdf847bda1e80e68f9042cfbe5a5bf11334f0e3521a3e funding yes

 

The next superblock is in 14 days and for any proposal to pass it must have at least 10% of the total masternodes to have voted on it (yes, no or abstain). Because of this you will want to get your proposals in for this first round in the next week, after that people won’t have enough time to vote on it.


Remember it costs 10 TRC to put in a proposal.

 

I would like to let people who have already worked on things to be able to put in proposals to be paid for past work this time around. Please consider that many people have donated their time and effort in the last month so let them put in their proposals and vote for their proposals during this one short round.

 

After that it is the normal 30 day voting period. Thanks!



Posted: 10/8/2017 9:25:47 PM
clockuniverse
Gender: Unknown
Country: Unknown
Threads: 1, Posts: 13
#10

Oct. 12th Terracoin Update - Vote

 

This week has been really exciting for me because I have finally been able to vote on decentalized governance items! You can too!

 

How it works is that anyone with a masternode can put in a proposal at the cost of 10 TRC to get in this months budgetary spending.

 

The total budgetary amount available per month is 21,600 Terracoin so plan your proposals accordingly.

 

We have a team pay proposal in asking for 30% of that budget to pay our team members and to try to attract other new skilled people to the team.

 

Some of the community members have put in proposals for guides they have done, I just put in another proposal to pay our freelance developer and Jacob put in a proposal thanking me for my hard work.

 

I actually tricked him though.

 

He asked for my Terracoin address and I gave him the Donations for the World address.

 

I did this because we can really make a difference helping out the world if we have enough Terracoin Foundation masternodes. The more Terracoin Foundation masternodes we have the more we can donate each month to a nonprofit of our choice.

 

Also each Terracoin Foundation masternode means those masternode coins are locked up forever, and the plan is (well, my idea, you can tell me if you don't like it) to take half of each months rewards and donate them to a nonprofit. After hosting costs we will keep half to grow the TRC Foundation masternode donation farm.

 

SixofFive set up this site today just so I could post it in the weekly, so check out the current proposals on our website: http://proposals.terracoin.io/

 

You can click on their URLs and vote on them. I recommend voting yes on all of them, but we implemented decentralized governance so your voice can be heard. Below are links to how to vote yes, but if you want to vote no, or abstain feel free.

 

Copy and paste "gobject vote-many HASH funding yes/no/abstain" into your debug console to vote. The yes votes I recommend are below, but just change the last word to no or abstain if you disagree.

 

I won't be posting proposals every Weekly, but I am excited by this new ability that Terracoin has so I wanted to share it with everyone!

 

Voting ends in about 8 days then in another 4 days we have another full voting cycle. Get your proposals in early because you must have at least 10% of the (yes/no/abstain) total masternode count voted or the proposal is invalid.

 

Here is the how to put in a proposal and always feel free to ask on any of the social media.

 

https://github.com/terracoin/proposals

 

Now for the voting code for this round:

 

Terracoin Team Pay

 

gobject vote-many 426fe4773fa5ce238a3bdf847bda1e80e68f9042cfbe5a5bf11334f0e3521a3e funding yes

 

Lamalamic's masternode guide

 

gobject vote-many e0e01f414016b77b1b58b6d43da8a21c4809fcaf5aa2b520bfb0326412f618e9 funding yes

 

U3mur4's masternode guide

 

gobject vote-many f59edb2d130f39756d279cc04d2c15fd56d9a4c52076523fcfe987df1556038a funding yes

 

Freelance Developer Pay

 

gobject vote-many f20c86cc037bea17aed48f791a4f5ad698239983872174b1fa059ea19202bba3 funding yes

 

Thank you Clock Universe

 

gobject vote-many b565760d468a21bcc3d247dc75d1beecb4fbec12443a8b54a62a480581ee0399 funding yes

 

If you disagree with any of these proposals just change the yes at the end to a no, or an abstain.

 

Thanks to everyone who put in proposals and have made their opinion know.

 

Now for the numbers!

 

Numbers

 

30 days ago we were at 0.00002867 BTC (.1168 USD) and today we are at 0.00004758 BTC (.2721 USD).

 

A year ago we were at 0.00000450 BTC (.0028 USD).

 

We are ranked 269 on coinmarketcap with a market cap of $5,819,154 USD. Last week our market cap was $4,492,054 USD.

 

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

 

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

 

Public Telegram Invite

 

https://t.me/terracoin

 

Newsletter Subscription

 

http://eepurl.com/cYRTwn

 

Youtube

 

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



Posted: 10/13/2017 3:26:30 AM