Review on TERA by Özgün A
Ability to process at very high speeds on blocks
TERA is a multipurpose crypto money project created with blockchain technology.
It is possible to examine TERA in three different categories. These;
1) For normal users
2) For developers
3) For miners.
TERA project is supported by smart contracts. It is aimed to use all technologies on blockchains on a single global network.
TERA tokens are listed on Hotbit, BigONE, BitFex, CITEX and ViteX exchanges.
TERA project uses PoW algorithm. With PoW, speed higher than 1000 tps and multidimensional operations of nodes occur without clutter on chains. The PoW algorithm is known as a useless algorithm and this is actually true but the TERA project adds some features in addition to the PoW technology. One of them is to solve the scalability problem. It can handle more than a million transactions per second by adding new chains without losing network security.
TERA is a project that allows decentralized applications to be built on blockchain with JavaScript. These blocks are created at high speeds and their efficiency is high.
Pros
- Supports applications developed on blockchain
- Too many operations can be done at very high speeds
- Cost-free transactions can be done
Cons
- The project is not listed on the stock exchange enough
