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Terracoin (TRC) is one of the oldest cryptocurrencies, created on October 26th, 2012. Unlike traditional fiat currencies, Terracoin operates decentralized, meaning any central bank does not control it. The Terracoin Foundation, focused on charitable efforts, supports the global community through donations. The future of Terracoin is determined by masternode owners, who exercise decentralized governance.
With a total coin supply of 42 million, Terracoin employs the SHA256 hashing algorithm and offers instant transactions through InstantSend technology. The network features a 2-minute block generation time and increased security measures like AuxPOW and DGW. Privacy is enhanced through Superior Transaction Anonymity using PrivateSend. Through its mission, Terracoin aims to foster a worldwide community dedicated to assisting others.
As a cryptocurrency strongly emphasizing decentralization, Terracoin enables masternode owners to participate in the decision-making process by voting on proposals. These proposals guide the future of the coin and its impact on society. Masternode owners are also rewarded for their service. The Terracoin Foundation is committed to making a positive difference in people’s lives worldwide. To get started with Terracoin, users can download the appropriate desktop application for their computer and securely store their private key.
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