A lot of things have materialized this last week including getting added to Bisq a decentralized exchange, a beta of the Android wallet, EyesWideShut is ready to put in his order for the football (soccer) kits and a vastly increased trading volume.

Now let’s get down to the details!

Bisq

We have been added to Bisq which is a big deal because it is a decentralized exchange. This is important because now the community doesn’t have to rely on a local exchange to be able to purchase Terracoin. Instead they can fire up Bisq and trade with anyone else in the world, and it is all through the Tor Network which makes the transactions private.

Decentralized exchanges, like decentralized governance, are the future of cryptocurrencies and we are happy to be a part of it!

Android Wallet

One of our long-time community members, Hanzac, has been working on an Android wallet and it is now in the beta stage!

I have already test sent 9.999 TRC to myself so I know it works, but during the beta phase please only test with small amounts! If you have any issues, feel free to contact Hanzac via the email in the Google Play link. He has two versions, one is for Android 7.1 or higher which is here, and one which is compatible with Android 4.0.3 or higher. That can be found here.

EyesWideShut’s Proposal

EyesWideShut put in a proposal before the first superblock for enough Terracoin to support Halifax United which is a refugee and asylum seeker football (soccer) team in the UK. With much excitement this proposal passed masternode voting. Because of our network issues, life, etc, he is now ready to put in the order for the kits for the team. He also is taking orders for shirts from the community before he puts in the final order for Halifax United. If you would like to purchase a shirt for 80 Terracoin plus postage, please contact him on Slack or Discord. The orders must be in by the 8th of January, so the team has the necessary equipment. Because of the recent TRC price jump he may even have leftover money to help the team in other ways.

Below is a mock-up of the kit. You can put in orders for the long sleeve shirts!

Volume

We have had a very nice increase of volume over the past week, which has increased our price, but more importantly it has increased the number of new community members. Welcome everyone! If you have any questions always feel free to ask, and if you are curious about the vision of The Terracoin Foundation make sure to check out last week’s weekly update.

Other Important News!

Logs

We have tracked down the cause of the explosive log issue which is caused by a few errant masternodes. We haven’t been able to find out why those few masternodes are causing it because they are owned by community members and it is difficult to plan times for our team to login to their private server.

If you are having the over flowing log issue the quickest way to fix the problem is to run terracoind with -printtoconsole. The whole line looks like this on a standard Linux box.

./terracoind -printtoconsole

Then it won’t generate logs at all and you never have to worry about logs being an issue.

Vircurex

Out of the blue, and after almost a year and a half Vircurex has updated their Terracoin wallet. This means that you can finally pull any TRC out of there. I guess you could trade on there. I am looking at the site now, and people are trading. I wouldn’t recommend it though. If people report success for 3 months, then I will remove the warning bitcointalk thread warning and adjust my opinion on the exchange.

Resource Tab

We added a resource tab to our website a while ago. It has links to important info, and even though Jacob has been traveling he has been quick to update the tab with my ridiculous demands. Please check it out and if you get a chance thank him!

Mattermost

I just put in a proposal for a virtual server capable of running Mattermost. This is an alternative to Telegram, Slack and Discord which will also bring them all together. We need a dedicated server for it, and it isn’t cheap. We need this because we are missing important interactions with the community because of the three different platforms.

Please go into your debug console, then copy and paste:

gobject vote-many 6694a632f0a1efc2bdef793ba146f0a9b566ddc27a65a93f16988b6d1a608606 funding yes

Hardfork

TheSin has been slaving away on the patch to bring in updated Bitcoin and DASH code which will be released soon.

Once that has been released we will start working on the next hard fork which will include Atomic Swap, and Multi-algo.

Since it is going to be a hard fork, and I would like to keep the hard forks to a minimum, if you have any suggestions for other code improvements please share on all the different platforms.

Just to be clear, the hard fork is far off, and I will always keep everyone up to date through these weeklies.

I think that is the longest weekly so far!

Once again welcome to all the new community members, and thanks to our steadfast community members. Couldn’t do it without you guys!

Numbers!

One month ago, we were at 0.00001907 BTC (.2221 USD) and today we are at 0.00002445 BTC (.3704 USD).

A year ago, we were at 0.00000338 BTC (.0039 USD).

We are ranked 503 on coinmarketcap with a market cap of $8,146,209 USD. Last week our market cap was $4,424,724 USD.

Source

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

Terracoin Donations for the World Address

1BQH6gBzkxxyMQG3VSJCHnmVGfWu64nbPL

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Public Slack Invite

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