Tecra 2.0 means reliability, stability and the paramount security
The origins of the new blockchain
Tokenization platform embedded in the Tecra business model allows project Creators to enlist their project tokens and collect funds from Investors who can support project ideas. Solution is based on Tecra blockchain technology which ensures trust and transparency. Next step in the development process will be launching a custom decentralised exchange and extending Creators’ business possibilities. Project tokens will be tradable on Tecra DEX using a well-known and reliable liquidity pool model.
To build an efficient DEX it is necessary to consider further development of current blockchain implementation which has limited performance, high block time (~2.5 minutes) and supports only tokens built with omnilayer. We would like to provide our users with the best experience on Tecra platform and ensure high performance, scalability and security when using our software. A natural decision to make is to move away from current blockchain implementation to a solution that is more business-oriented and better serves commerce purposes.
Therefore, we started to work on the new blockchain network based on Ethereum public-permissioned solutions, such as Clique and Aura. This tab covers technical specification of the network, consensus protocol, tokenomics and migration process from the old Tecra blockchain.
Deflation & native coins distribution
Tecra 2.0 is designed to be deflationary cryptocurrency. It means that the TCR premined amount will be gradually reduced by eliminating coins from the market in a burning process. The elimination process will be achieved through validators actions. Transaction fees are paid to validators nodes that are responsible for sealing new blocks
Accumulated fees will be transferred to dedicated burn address 0xdEad000000000000000000000000000000000000 without the option to be recovered.
Native coin distribution
Total number of coins: 210 000 000 TCR
Number of coins reserved for swap: 85 000 000 TCR
|Total number of coins||210 000 000 TCR|
|Number of coins reserved for swap||85 000 000 TCR|
|Tecra Funding (science)*||87 500 000 TCR|
|Masternode**||12 500 000 TCR|
|Smart Deposit***||12 500 000 TCR|
|Dev Team||12 500 000 TCR|
*More information soon
Funds will be released in a daily cycle
To reflect block reward halving on old Tecra blockchain, the number of released coins will be changed periodically.
In the first period, until 31 Dec 2022, smart contracts will be releasing 64 800 TCR per day.
In the second period, from 1 Jan 2023 to 31 Dec 2026, smart contracts will be releasing 32 400 TCR per day.
During another period of 4 years, smart contracts will be releasing 16 200 TCR per day. Next 4 years, smart contracts will be releasing 8 100 TCR per day. For the remaining years, smart contracts will be releasing 4 050 TCR per day.
** Masternode is a staking service that requires a minimum amount of 10 000 TCR staked in order to receive staking reward. It offers a higher interest rate than Smart Deposit.
*** Smart Deposit is a staking service available for TCR holders.
Coins will be split as follows:
|Tecra Funding (Science)||70%|
FULL VERSION OF TECHNICAL PAPER WILL BE AVAILABLE SOON
Store TCR in your favorite wallet
Manage your money with your favorite cryptocurrency wallet. The new blockchain allows you to add TecraCoin to the most popular wallet like Metamask. Tecra certified wallet is only available on Tecra Space - mobile or desktop manage your funds directly on the crowdinvesting platform.