What Is Terran Coin (TRR)?

Terran is a blockchain-based solution that benefits the global community, including developers, merchants, and traders. Terran uses blockchain technology to improve the efficiency of sending, receiving, and transacting cryptocurrencies.

Some blockchain companies have worked to address the inconsistencies found in the cryptocurrency industry. However, little progress has been made, and Terran is looking for a solution to the cryptocurrency industry's problem. 

While blockchain technology has several advantages, there are also some challenges that the industry must overcome. The challenges range from low scalability to lack of regulation and a limited number of skilled workers. Terran is exploring several cross-chain and off-chain technologies to address these challenges that can help blockchain. Terran has also introduced some features to overcome these hurdles in the industry, such as:

• Off-chainTechnologies:Off-chain transactions are ones that take place on a cryptocurrency network but move the value outside of the blockchain.Off-chain scaling allows transactions to be completed without blocking the blockchain. Off-chain technology enables users to send and receive funds without the transaction appearing on the main chain.

• Multi-layered Structures:Another solution to improve scalability is to use multi-layered structures which separates transaction processing and data storage. The presence of a multi-level structure facilitates the detection of compromised objects throughout the network at each level. Each transaction in the system can be verified by implementing a consensus algorithm. The tiered architecture allows users to upgrade existing servers making large-scale deployments possible.

• Transparency Transaction:With privacy concerns in mind, Terran maintains security and anonymity to ensure that your privacy is protected. For example, when users send funds to someone online, they need to rely on a third-party service to complete the payment. Terran reduces the need for users to trust a third party to complete a transaction. With Terran, anyone can make payments using their public and private keys on a peer-to-peer network without the need to provide personal information to third-party applications. This provides additional security for their financial data.

  TRR is the native ERC-20 token of Terran created using Ethereum smart contracts. TRR is intended to be used worldwide as a payment cryptocurrency. TRR is designed to support transactions that occur between customer-to-customer (C2C), business-to-customer (B2C), and business-to-business (B2B) interactions. Terran has several features that help users conduct fast peer-to-peer (P2P) transactions for online shopping. Users can use TRR to shop and make smooth transactions. 

History of Terran

The Terran team includes Albert Jalipot (CEO), Daulet Kadyrbek (CTO), and Diana Abdrakhat (CSO).