Replacing Cash With Credit Crypto-Coin.
Chika Nwaorgu
Proficiency in various therapeutic techniques to address mental health issues, such as cognitive-behavioral therapy, motivational interviewing, or solution-focused therapy.
A cryptocurrency is a digital or virtual currency(Meaning that the aren't physical currencies that you can touch and feel) it is secured by cryptography, making it nearly impossible to counterfeit or double-spend. Many cryptocurrencies are decentralized networks based on blockchain technology, which is a distributed ledger enforced by a disparate network of computers.
Statistics conducted by ALPARI INTERNATIONAL shows that cryptocurrencies is in the news almost daily and is a huge talking point seemingly everywhere we turn but not everyone has heard of understands what cryptocurrency is. It was surveyed that 60.4% of people don’t understand what Cryptocurrency is. While a new survey by Moscow based cybersecurity firm Kaspersky Lab introduced on June 17th revealed that 19% of people globally have purchased cryptocurrency. Also the current number of unique active users of cryptocurrency wallets is estimated to be between 2.9 million and 5.8 million.
That is why the Terra Foundation’s ultimate vision is to see Credit become a leading Cryptocurrency in the Crypto-economy. One that is functional, developed, widely used, driven by it's users and adapting to their needs. Making it available to every household that has access to at least a smartphone worldwide.
Credit Cryptocurrency: Credit will be a viable replacement to cash and a rewarding option that is attractive to new users. Credit has the potential to be a tool of change in the lives of its users, allowing them access to a new financial system that is better for them.
Terra Foundation extends beyond this Golden age of humanity and thousands of years into the future. With expectations that the Credit Blockchain will outlive all of its current users and knowledge of its benefits will be passed down from generation to generation.
Credit Cryptocurrency will bring about Transparency, Full Decentralization, Sustainability, Security, Feasibility, and User friendliness. Credit has been designed as a digital payment platform, a decentralized solution to cash. Credit's most important function is as a medium of exchange to facilitate digital transactions. Credit is stored in wallets and can be staked to support the network and earn new coins as a reward. This ensures that the storage of Credit generates tangible value to the holder over time. Within the Terra ecosystem Credit will function as a unit of account, providing a common measure of the value of goods and services being exchanged. Enabling both buyer and seller to make decisions about the value of the goods or services on offer International payments will be instantaneous and have virtually no cost. While the transparency of the Credit Blockchain ensures public accountability of all transactions as every coin can be traced to its creation.
Use Case:
? Credits will be use as a payment for the world's unbaked.
? Credits will be use as incentives for Thrid Party Producers.
? Credit will be use as an alternative for cash.
? Credit will be use as a regular cryptocurrency.
Conclusion:
Credit is a Crytpocurrency that aims to be a decentralized Digital payment solution to the worlds unbanked adult population offering free and fast Blockchain based payments. Credit employs Proof of Stake which allows any user to become a block producer. Block producers support the network and get rewarded with new coins for doing so, this function replaces traditional mining which is expensive and complicated. The Credit wallet is simple to use and does everything automatically, you just need a computer or laptop. To get started, make sure your PC is connected to the internet with a balance of 10,000 coins, check that your wallet is 100% synced and unlocked for staking and the rest happens automatically.
Useful Links:
Website: https://terra-credit.com/
Telegram: https://t.me/terracredit
Twitter: https://twitter.com/terracredit
Facebook: https://www.facebook.com/terrabitofficial/
LinkedIn: https://www.dhirubhai.net/company/terra-bloockchain/
Youtube: https://www.youtube.com/channel/UCPuDgHaN3yKPP945YfLQkcg
Whitepaper: https://terra-credit.com/wp-content/uploads/2020/03/whitepaper.pdf
writers bitcointalk username: Chika08