With strict capital controls in place by most countries to control the flow of money and charge high taxes, cryptocurrency gained usage in circumventing capital controls and taxes, leading to an increase in demand. Cryptocurrency has been able to present an easy to use digital alternative to fiat currencies. Offering friction-less transactions and inflation control, investors have been prudent enough to add these currencies in their diversified portfolios as an asset, as the size of the market does not represent a systemic risk. Cryptocurrency employs the use of cryptography that assures high-security processes and verifies transactions personal to each user.
A team of reliable bounty managers called the Bounty Detective https://t.me/BountyDetective, where bounty campaigns can be handled efficiently are handling the Terracredit Project, hence TERRA CREDIT is a trust worthy project. Bounty Detective isn't a recent name in the bounty industry, as it has been around for a while now, managing different campaigns for projects which have become successful today, due to the efficiency of the work done.
NOW INTRODUCING TERRACREDIT
One main challenge that can hamper the seamless payments in this modern world where Digital assets are already getting exposure is the presence of unbanked people. The more they remain unbanked, the more difficult it would be for everyone to adopt the concept of crypto as a form of payment. However, Terra Credit aims to reach out to this class of people and improve their financial market system. So as planned by Terra, CREDIT is made to help them achieve fast payments on the blockchain for free. Then to improve it further, it makes sure the proof of stake is employed for this Function such that each of these unbanked people can become block producers themselves, having a new concept of mining that differs from the old way and also rewarding them.
The unbanked class of people represents a financial market class that is worth $50 Trillion dollars and that is a huge value of worth to be an advantage to the world's finance if they are won over.
CREDIT has provided a useful desktop wallet do not just allows saving or holding of cryptocurrency but also automatically stakes the available coin balance of the owner to make them miners. From this activity, they can then starts earning and will receive income without needing any complex strategies. In the wallet, almost everything is automated and little effort is required from the users as long as they have an internet access on their laptops or other devices. Every user must have at least 10,000 coins to have their wallets synced to the automatic mode where all the staking can then begin to their own profitability.
THE MISSION
our mission is to secure the future of cryptocurrency as a whole and we will introduce as many cryptocurrencies to life as possible for new users.
THE VISION
the main vision of the Terra Foundation is to see CREDIT become a leading cryptocurrency. that is functional, developed, widely used, driven by its users and adapts to their needs.
A concept close to mind when creating CREDIT is Adoption. the adoption of not only CREDIT but all cryptocurrencies is important to ensure the progress of the financial system towards a decentralized blockchain.
FEATURES Of CREDIT:-
- PRIVATE
Credit is actually a Private and much more secure to use. And there are no any kind of risks here. Anyone can dowload a TerraCredit wallet for free to participate in and earn from block production anonymously.
- FAST TRANSACTIONS
Credit Aims for the fastest transactions and that is the best thing that I love most. Transaction on our blockhcain show instantly and are spend-able within 1 minute. Future versions will see TerraCredit transactions spend-able in under 1 second.
- SECURE NETWORK
This is much more safer, private and also safer network. Performing a 51 % attack on Terra Credit, a highly decentralised Proof-of-Stake network with over 12,000 non competetive solo miners, is impossible.
- REWARDS - Proof Of Stake ( PoS )
Credit Has Technology to Run Masternodes, that is a way to earn Passive earnings. TerraCredit users that stake their balance will receive 100% profit annually, you dont even need a PC because staking wallets are available for all web connected devices.
- LOWEST FEES
Credits Claims that they have less fee for transactions than other crypto. You can send money to anyone, anywhere in the world for literally no cost. The average fee to send unlimted amounts is below $0.00000003.
- DECENTRALIZED TEAM
Credit has a team that is a decentralized and also they are almost in a whole globe to operate this. Our team was formed organically over time and is spread across the globe. It consists of community members, some of who have contributed enough to be included in our team section.
THE CREDIT TOKEN
As depicted, CREDIT is a decentralized digital payment solution for financially excluded adult population of the planet. CREDIT is being seen as a viable substitute for cash and an attractive reward option for new users.
DIGITAL PAYMENT PLATFORM
REDIT has been designed as a digital payment platform and a decentralized solution for cash. The most important function of CREDIT is as a medium of exchange to facilitate digital transactions.
FREE AND FAST PAYMENT
CREDIT offers free and fast blockchain-based payments. it uses Proof of Stake (PoS) which allows each user to become a block producer. The block producers have now supported the network and will be rewarded with new coins.
USEFUL WALLET
the CREDIT desktop wallet automatically "stakes" the user's coin balance allowing them to become block producers and earn rewards for maintaining the CREDIT blockchain. This creates a passive income stream.
NO EXPENSIVE TECHNOLOGY
cREDIT wallet is easy to use and does everything automatically, you only need a device connected to the internet. To get started, first make sure that your wallet is synced and unlocked. The rest happens automatically.
Credit Token Details
Coin symbol: CREDIT
Name of coin: Credit
Premine amount: 30,800,000,000
Total Supply: 74,800,000,000
About The Utilization of Credit
Serving as a payment platform globally where businesses, individuals and even institutions can make transactions using Credit tokens as their choice of payment.
Form of incentive for block producers which will be selected strictly based on coin balance and maturity unlike proof-of-work which requires sophisticated equipment.
Usage as a regular decentralized and open source cryptocurrency which is faster than others and also relatively cheaper (almost free transaction charges).
Credit can also be used as an alternative to cash through the Terra App based wallet which allows for instant digital payments across several devices.
Finally, Credit can be used as a long-term investment vehicle where users can easily make long term investments with very huge ROI just by holding their Credit in an online desktop wallet which becomes staked to the network automatically after eight hours.
HOW DOES THE WALLET WORK?
CREDIT desktop wallet allows everyone, regardless of technical abilities, to participate in crypto. This wallet is easy to use and does everything automatically, you only need a computer, laptop or mobile device.
in essence, CREDIT uses Proof of Stake (PoS) which allows each user to become a block producer. Several thousand CREDIT miners are already earning from supporting the CREDIT blockchain.
THE TEAM BEHIND THIS REVOLUTIONARY PROJECT
For more Information Please visit the link below
Website: https://terra-credit.com/
Whitepaper: https://terra-credit.com/wp-content/uploads/2020/03/whitepaper.pdf
Telegram: https://t.me/terracredit
Twitter: https://twitter.com/terracredit
Facebook: https://www.facebook.com/terrabitofficial/
YouTube: https://www.youtube.com/channel/UCPuDgHaN3yKPP945YfLQkcg
AUTHOR'S INFORMATION
Bitcointalk Username: TosinDavid
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1180815
Telegram: @TosinDavid
POA: https://bitcointalk.org/index.php?topic=5320635.msg56479733#msg56479733
Terracredit Address: TWyS6b7jzeLVTz3WhkY75AFtYp24k2MTH6
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