June 6th Weekly Terracoin Update — Relaxed

Clock Universe
Jun 7 · 3 min read

It has been a relaxed week in the cryptocoin and Terracoin world this week. I believe it is because the sun has come out and everyone is enjoying it. I mean, besides those Canadians. They have been busy trudging through the tundra befriending meese like always.

Exchanges

Speaking of trudging through things, I am getting through that epic list of exchanges and sites that the community has suggested. It has been an eye opening experience and if you have any sites that you would like to see Terracoin listed on then make sure you hit me up on any of our social media. Check the link list at the bottom of this weekly to find a way to contact me!

Komodo

One of the things that caught my eye during this relaxed week was that a security vulnerability was found in the Komodo Agama wallet. I thought the Komodo team’s response to that was pretty amazing and well done.

Once they found out that there was a vulnerability it seems like they hacked themselves and secured all of their effected client funds. If you have funds on there make sure to contact them and get your coins back!

If it is true, then nice job Komodo team!

Facebook

The opposite of that maneuver was the news that Facebook is about to create their own crypto. I don’t know about you, but my peers have been bailing off of Facebook in droves, so it is possible that they are trying to create a second revenue stream.

And this is where the rumors about this get really weird. Supposedly (I can’t find any good news articles to link to so take this with a grain of salt) they are going to charge 10,000,000 USD to host some sort of node.

As we have seen in the past, this sounds like a desperate ICO move to cash grab something from the cryptospace.

But who knows what they are really going to do?

Just remember that the Terracoin Foundation would never do a panic cash grab. We have a public ledger and pride ourselves on being the most ethical coin in existence!

I am almost at a page of text, so I am going to go drink a beer! I look forward to talking with everyone on our social media!

Discoveries

No discoveries! Get yours in so the community knows what you are working on!

Proposals

Russian and Lithuanian translation of the Terracoin website

TRC Foundation Pay Proposal 2nd Year

Numbers!

One month ago, we were at 0.00000682 BTC (.0401 USD) and today we are at 0.0000305 BTC (.0237 USD).

A year ago, we were at 0.00001428 BTC (.1101 USD).

*With the state of dead 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 1355 on coinmarketcap with a market cap of $545,789 USD. Last week our rank was 1341 and our market cap was $762,178 USD.

Source: https://coinmarketcap.com/currencies/terracoin/#charts

Terracoin Foundation Masternode Donations

1EGkZmxsUwczFen93WcrMvxAc3c5DWNGvg

Mattermost (This is The Terracoin Foundation’s primary forum)

https://mattermost.terracoin.io/signup_user_complete/?id=ohowtejzq3br7kp66qe466b8my

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https://t.me/terracoin

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Last Terracoin Video Update

https://youtu.be/sjzgObb5ZG0

YouTube

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Link List

https://wiki.terracoin.io/view/Links