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updated $0Market cap$220.26K
Volume 24h$0.05
Circulating supply33.88M81% of max 42M
TerraCoin (TRC) is one of the older cryptocurrencies — a decentralized digital coin that runs on a proof-of-work blockchain, much like Bitcoin. In plain terms, it's a peer-to-peer payment network where no bank or middleman controls transactions. Anyone can participate, including by mining new coins with their hardware.
Frequently asked questions
What is TerraCoin and how is it different from Bitcoin?
TerraCoin (TRC) is an independent, mineable cryptocurrency built on its own blockchain using the same proof-of-work concept as Bitcoin. The main differences lie in technical parameters like block time and coin supply, which were tuned for faster transactions. It's a smaller, community-driven project rather than a mainstream coin.
How does TerraCoin's technology work?
TerraCoin uses a proof-of-work (PoW) consensus mechanism, meaning miners compete to solve cryptographic puzzles and validate new blocks of transactions. This makes the network secure and decentralized, since no single party can rewrite the ledger without controlling most of the mining power. Every transaction is recorded on a public blockchain that anyone can verify.
How is TerraCoin issued?
New TRC coins are created exclusively through mining — as a reward to miners for securing the network. The issuance follows a predetermined schedule with periodic reward reductions, similar to Bitcoin's halvings. This means supply growth is algorithmic and predictable, not controlled by any company or individual.
How can I store and use TerraCoin?
TRC is stored in a cryptocurrency wallet that supports the coin — desktop wallets from the official site are the standard option, and hardware or paper wallets can be used for long-term storage. You can send and receive TRC anywhere in the world directly between wallets, without intermediaries. Since it's mineable, you can also earn coins by running mining software, though profitability depends on your hardware and electricity costs.