February 14th Weekly Terracoin Update — Bold
This weekly update has a lot of titles in bold, so I am going to try and get through them as fast as possible.
A lot is happening!
SEC Opinion Letter Fund
We have been asking the community for $1500 USD to hire a lawyer to write a legal opinion about if TRC is a security or not.
We now have the $1500 USD for the job, and the lawyers over at Catalyst Law will be sending me over an engagement letter any day now!
Once I sign that then I will be educating Catalyst Law on how awesome Terracoin is.
This an amazing development because it will allow TRC to get listed on larger exchanges!
Thanks to Buffer01 and TheSin for donating this money. Buffer01 is a long-time community member who has been challenging me to think outside of the box about TRC since day one. TheSin is The Terracoin Foundation’s lead developer who has spent countless hours working on Terracoin.
Thanks again to both of you, we couldn’t do it without this level of commitment!
Speaking of TheSin, he is in the final testing stages of releasing static Terracoin builds for aarch64 and armhf.
What does that mean? It means you should start warming up your Raspberry Pi’s to host masternodes.
Every weekly always has something to vote on.
But before we get to the normal exchange, or site voting, I wanted mention again that one of the most important parts of Terracoin is the power the community has.
Anyone who has 10 TRC can put in a proposal to the decentralized governance asking for TRC and the masternode owners get to vote on that proposal.
So, if you own a masternode, then vote on the proposals listed below. I update them in order of “newness” every weekly.
Get out there and get your idea for the future of Terracoin heard!
Now to the other standard site voting items.
Cryptrade is a soon to be released decentralized exchange. You can vote from 1 IP per day for free. Last week we were on page 3 of the voting and today we are on page 2. As we climb the ranks the amount of votes we need grows, but that just means everyone should vote every day! Put a reminder to vote once a day. I look forward to seeing Terracoin being on page one ASAP!
These sorts of things are great advertising of how dedicated the community is, so let’s keep voting!
Also, thanks to Taboo for leading this charge!
SouthXchange is another exchange that we need voting on. We are in 4th place, but sadly, this one costs Bitcoin to vote. If you have some extra Bitcoin laying around, then vote for Terracoin!
The Terracoin Foundation Public Ledger for Superblock 1425600 was released! You can check out the public ledger here.
I was about to wrap up the weekly update, but Aco Vado just reminded me that Cryptopia has released a statement tweet about their hack.
Be ready to get your TRC off Cryptopia when it is back up, and then we can all stop holding our breath and move our volume to a new exchange!
The future is bright for Terracoin!
Current TerracoinCore Version: 0.12.2.4 — Date Released: July 19th, 2018
One month ago, we were at 0.00000529 BTC (.0195 USD) and today we are at 0.0000499 BTC (.0181 USD).
A year ago, we were at 0.00002216 BTC (.2140 USD).
*With the removal of Cryptopia (Hack) and C-Cex (Delisting) 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 1283 on coinmarketcap with a market cap of $415,428 USD. Last week our rank was 1276 and our market cap was $427,164 USD.
Terracoin Foundation Masternode Donations
Mattermost (This is The Terracoin Foundation’s primary forum)
Last Week’s Terracoin Weekly Video Update