April 25th Weekly Terracoin Update — Opinion
Security Opinion Letter
The security opinion letter is almost done! We are literally down to the last few word adjustments then I will be signing.
I am extremely excited to be able to post this publicly over the next couple of days, as it is another feather in our cap of legitimacy.
Few coins or tokens have this document from a reputable legal source, which is why I am so excited to have it for Terracoin.
Thanks to Buffer01 and TheSin for the fifth or sixth time for putting the money up to get this done.
I have been eagerly waiting the return of Terracoin on Cryptopia, but they have been taking their sweet time.
I decided to do a little detective work and see how far along they are to full recovery.
I grabbed these numbers earlier today so they may have changed.
It looks like on their coin info tab they list the coins in four different categories.
Ok — Meaning all is ready to go.
In Maintenance — Meaning trading is possible but sending and receiving to or from Cryptopia isn’t possible.
Offline — Cannot be traded, and sending and receiving to Cryptopia isn’t possible, but the plan is to restore these to full service.
Delisting — They are delisting these coins.
We are going to ignore the delisting category because most of those coins were going to be delisted before the hack.
Currently, according to their coin info page, there are 318 coin offline (Terracoin included), 138 in maintenance and 3 are OK.
They also have a news item that they update somewhat regularly. They list 128 coins In Maintenance or OK. Since they don’t update this in real time, I am assuming they have added another 13 coins since their last update which was yesterday (PST time).
What does all this mean?
I don’t know.
I do know that they did respond to one of my emails about the TRC wallet and said they would contact us if they had an issue with it.
I do know that once Cryptopia is back up everyone will be excited to get to trading TRC again.
I hope that day comes soon, but remember we are on other exchanges as well. Check out our website!
I am already over one page, so I am going to cut this Weekly short.
See everyone on the webs!
Zero active discoveries! Get them in so the community can discuss!
One month ago, we were at 0.00000574 BTC (.0226 USD) and today we are at 0.0000561 BTC (.0292 USD).
A year ago, we were at 0.00001614 BTC (.1411 USD).
*With the state of Cryptopia our volume is low, so our rank doesn’t show correctly. Once a new primary exchange is decided upon, we will see a recovery of volume.
We are ranked 1302 on coinmarketcap with a market cap of $671,982 USD. Last week our rank was 1306 and our market cap was $670,664 USD.
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