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Market

Market stats

Market cap

$304,615.67

Volume (24h)

$9.23

Circulating supply

844.7M TERA

All time high

$0.0777

Price change (1h)

+1.13%

Price change (24h)

+2.85%

Price change (7d)

+2.81%

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TERA is on the rise this week.

The price of TERA has risen by 2.81% in the past 7 days. The price increased by 2.85% in the last 24 hours. In just the past hour, the price grew by 1.13%. The current price is $0.000361 per TERA. TERA is 99.54% below the all time high of $0.0777.

The current circulating supply is 844,711,128 TERA.

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About

What Is Tera (TERA)?

Tera is a blockchain protocol that claims to offer fast transaction speeds, processing over 1,000 smart contracts per second. The protocol functions as a highly decentralized platform for developing decentralized applications (DApps). The Tera network seeks to bring thousands of blockchain networks, each built for a specific purpose, on its platform to create a giant global network. 

Tera claims that the nodes on the platform are organized in an orderly manner, unlike traditional blockchain platforms. Blockchain nodes are small interconnected servers that continuously exchange information on the blockchain network. Tera also aims to transfer information from the first node to the last one in three seconds, using a special connection to connect the nodes in order of their addresses. 

The Tera blockchain seeks to prioritize security for all the crypto wallets, DApps, and digital assets managed on the platform. Therefore, the network claims to pay about 100,000 TERA coins to bug hunters for finding critical vulnerabilities that could lead to theft or network malfunction. TERA is the native cryptocurrency of the Tera blockchain. The network uses the proof-of-work consensus mechanism for block creation, seeking to process confirmations every 10 seconds. 

Moreover, the Tera blockchain deploys a sharding protocol with the aim to achieve 1 million transactions per second. Sharding is a data partitioning technique designed to increase transaction output. The platform claims that general sharding compromises security, and to prevent it, Tera blockchain uses ‘merged-mining.’ According to the whitepaper, merged mining maintains the complexity of the hashes, which keeps the network's security intact. A hash is a mathematical puzzle a miner needs to solve to verify transactions in a blockchain. 

History of Tera (TERA)

The Tera blockchain was launched in September 2017, while the TERA token was released on July 1, 2018. TERA has a maximum total supply of 1,000,000,000 tokens. The network launched the Tera Wallet DApps for Android and iOS in 2019, while the Sharding protocol was implemented in 2020.

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FAQ

What is the current price of TERA?

We update our TERA to USD currency in real-time. Get the live price of TERA on Coinbase.

What is the market cap of TERA?

The current market cap of TERA is $304.62K. A high market cap implies that the asset is highly valued by the market.

What is the all time high of TERA?

The all-time high of TERA is $0.0777. This all-time high is highest price paid for TERA since it was launched.

What is the 24 hour trading volume of TERA?

Over the last 24 hours, the trading volume of TERA is $9.23.

What other assets are similar to TERA?

Assets that have a similar market cap to TERA include DigitalNote, Odyssey, MUNT, and many others. To see a full list, see our comparable market cap assets.

How many TERA are there?

The current circulating supply of TERA is 845 million.

Can I buy TERA on Coinbase?

No, TERA is not currently available on Coinbase, but you can sign up to get the latest news on TERA and be notified when it gets added to our exchange.