TERRACREDIT - Making Cryptocurrency More Easy and Flexible for All

Hello everyone, this new post I want to introduce about a very interesting and good project that is TerraCredit, and for more details, let's just go to the following discussion:

ABOUT Terra

Terra Foundation has designed CREDIT, a decentralized Proof of Stake (PoS) cryptocurrency, to offer free and fast blockchain-based payments. CREDIT facilitates online and physical payments across different devices and is designed to be simple and relevant to anyone with a basic computer or smartphone.

At its core, CREDIT employs Proof of Stake (PoS) which allows any user to become a block producer. Several thousand CREDIT miners are already earning an income from supporting the CREDIT blockchain.

CREDIT is the answer to making cryptocurrency much more accessible and flexible for all.

MISSION

We are on a mission to secure the future of cryptocurrency as a whole and introduce cryptocurrency into the lives of as many new users as possible.

VISION

The Terra Foundation’s ultimate vision is to see CREDIT become a leading cryptocurrency in the crypto economy. One that is functional, developed, widely used, driven by its users and adapting to their needs.

EARN CREDIT WITH A WALLET

With our CREDIT wallet, you can enjoy a passive income stream without the need for expensive equipment and technical knowledge. To get started, make sure your computer or laptop is connected to the internet with a balance of 10 000 coins, check that your wallet is 100% synced and unlocked for staking and the rest will happen automatically.

Our latest wallet version has passed the virus check with flying marks, see the results here.

TECHNOLOGY

CREDIT is a Proof of Work (PoW) and Proof of Stake (PoS) hybrid blockchain and since block height 10 000, it has become strictly PoS. Our blockchain network selects block producers based on coinage and balance, in comparison to PoW blockchains where computational power determines success in block production. PoS is the next step in cryptocurrency evolution which promotes true decentralization by improving accessibility.

THE BENEFITS OF POS:

FASTER TRANSACTIONS
LOWER TRANSACTION FEES
LOWER COST OF PRODUCTION
ENERGY EFFICIENT
SAFE FROM 51% ATTACKS

SMARTER TECHNOLOGY

Impervious to typical attacks, the Credit blockchain completely ignores hash power and selects producers based on their balance. The absence of master nodes improves security by eliminating other forms of attack that are used in networks with fewer producers.

100% INCLUSIVE

The CREDIT wallet is simple to install and produces blocks automatically, anyone with a modern computer or mobile device can be set up in minutes. This increases the decentralization within the node community by making it simple and accessible with no coding or advanced skills required.

FAST AND FREE

Sending CREDIT takes seconds and is virtually free. Any user can group unlimited unique transactions into a batch and send all the payments at once for the low fee of 0.00001 CREDIT. Transactions are confirmed quickly by the network of nodes that are rewarded with new coins rather than transaction fees.

To find more relevant details please follow several sources for the following references:

Bitcointalk username: Sinseykoin

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