About Tera
Technology
TERA is actually a new re-invention of the blockchain protocol, which allowed to create a fully decentralized and high-performance blockchain platform for the development of DApps in JavaScript. In this case, the blockchain has a built-in cryptocurrency Tera, transactions on the network are free, and all DApps are stored inside the blockchain.
Decentralization is implemented by PoW consensus at the expense of almost unlimited number of block-producers (hundreds of millions), and speed from 1000 and confirmation of 5-8 seconds due to connection of nodes with each other in the form of a multidimensional regular grid and fast delivery protocol of blocks.
The new merged sharding protocol allows us to add new chains without losing network security, increasing the total network speed to 1 million transactions per second.