The Adoption of a TerraGreen Blockchain Model
The general thought behind TerraGreen blockchain technology is to enable decentralization and build security. In technical terms, TerraGreen blockchain can be described as a shared, replicated ledger system that is distributed across all members of a network through peer-to peer technology.
The benefits of TerraGreen blockchain is increasing trust and minimization of time for a procedure to take place. Moreover, it also diminishes cost overheads and intermediaries.
The adoption of TerraGreen blockchain in an energy marketplace enables people to trade energy among its users. This eliminates the necessity for third parties. Not only it supports the idea to build peer- based energy and electricity markets but also it enables payments-based cryptocurrencies.
But by blockchain technology, transparent exchange can also happen without cryptocurrencies. This also put forward the thought of dynamically adjusting electricity rates depended on demand and availability- a predictable implementation using machine learning techs.
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Renewable Energy is a Technology instead of fuel.
Fossil fuels are mined, relined, released or transported from nature itself, but they might extinct soon if we continue to use it Hence it is a fuel which we can’t rely on for years. So, what’s the solution for this? The only solution is renewable energy.
If compared to fossil fuels, renewable energies are created. thanks to advance technologies and ideas. Hence, it is assumed that, the pricing for renewable energies might slide down as improvements in technology is made further.
The price of fossil fuels might go down if improvement in equipment’s and machinery is made but it can’t affect the labor cost which is going to rise higher and higher in upcoming years.
The refore, we can conclude that Renewable energy is a Technology instead of fuel. And TerraGreen with its help of blockchain technology is already on a path to bring this revolution to the renewable energy sectors.
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How TerraGreen bring Revolution in Renewable energy sectors?
TerraGreen was set with an aim to bring possible changes in renewable energy sectors with the help of its blockchain technology to fight against global warming or climate change.
TerraGreen wants to make the earth greener and better place to live and working for years in the renewable energy sectors do understands the need of it.
Hence, with continuous research and development TerraGreen made its own blockchain technology and brought cryptocurrency and renewable energy under one roof.
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Renewable energy provides the foundation for energy independence.
Most of the country depend on fossil fuels for their society to function under the “modern” definition. There are very few countries which can provide fossil fuels that work to control availability and pricing.
By developing renewable energy resources, countries can work towards energy independence with a diversified portfolio of energy to access. Although these resources consume time to develop but it takes less time if compared to fossil fuels as it takes centuries to develop.
Hence, we can say that renewable energy provides the foundation for energy independence to the world and work ethically with an aim to make our planet green and clean.
With such Concept TerraGreen is ready to bring change and secure the planet earth which will motivate renewable energies to flourish and make earth cleaner as well as better place to live.
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We are glad to announce that TGN will be listed on VinDAX exchange by 8:00 UTC, 17 October 2019. User can deposite TGN now on VinDAX exchange.
We are also going to apply immediately on CoinMarketCap after listing on VinDAX Exchange. So, TGN will be listed on CMC within current month.
For more information please visit:
https://vindax.com/…/vindax-lists-terragreen-tgn-on-2019101…
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Stability of Token Value.
TerraGreen stabilizes the value of energy token and guarantees it too.
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Blockchain Technology in TerraGreen
The blockchain technology can change the value of life and believe that blockchain gives society transparency.
These are the things that renewable energy sectors lack.
TerraGreen understands the need of blockchain and it understands the seriousness of climate change hence it introduces a renewable energy platform that works on blockchain technology to fight climate change by supporting renewable energy sectors with TerraGreen coin.
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Why there is a need of clean energy?
Have you wondered how the earth's temperature is rising day by day? Our earth is changing fast, and so we all are changing at a continuous pace. Most of the world's population is still using old means of generating energy.
Rising pollution is raising the issue of climate change day by day and no better steps are uplifted by many countries over this and this is causing big trouble to our planet earth.
There is a need for clean and green energy to save our planet earth.
How can we do this?
We can simply do this by not using fossil fuels and turn to renewable energy. Yes, mother nature has already served us with the green and clean means of energy which is present naturally and in abundant amount.
Hence, we can conclude that there is a need for clean and green energy if we want to save our planet for our future generations.
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🌱🌱TerraGreen Android Wallet🌱🌱
The wait is over, and we are happy to announce you that we have successfully launched our TerraGreen Wallet application for Android platforms and soon available for iOS
Easy to use
It will be easy to use the app you can send TGN coin instantly anywhere on TGN Android app.
High Level of Security
Your funds are safe with TerraGreen as we use an extremely high level of security. Only you will have access over your crypto. You can set a 4-digit pin. Simplified back and recovery with your 12-word backup phase. And most important you will be connected with blockchain in our TGN app. Don’t forget to backup your recovery phrase.
It is available on google play store
https://play.google.com/store/apps/details…
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What is Proof of Work?
PoW is a type of blockchain consensus algorithm which purpose is to deter denial of service attacks
and other service abuses, such as spam on a network by requiring some work from the service
requester, acts as the processing power of the computer. Proof of Work protocols is categorized in
two classes which are challenge response and solution verification.
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What is Proof of Stake?
PoS is a type of consensus algorithm in which a cryptocurrency blockchain network targets to
achieve distributed consensus. For PoS- based cryptocurrencies, the creator of the next block is
selected via various random combinations of wealth or age (i.e. the stake)
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What is tokenization?
The tokenization of assets means the process of issuing a blockchain token, be traded on a
secondary market.
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The development of TerraGreen.
The development of TerraGreen coin is based on 4 stages of TerraGreen.
In first stage tokens will be created for renewable energy projects which will be known as energy tokens or TerraGreen coin as it will be backed by real energy.
In second stage TerraGreen will establish a partnership with energy distribution companies to accept particular energy as a payment for the consumers.
In 3 rd stage TerraGreen will create a connection between energy token price that the consumer is buying with the token created from the renewable energy power plants.
At 4 th stage of TerraGreen, it will expand its energy network to the transmission company where TerraGreen coin will earn a higher value at the end.
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What is TerraGreen coin?
TerraGreen introduces TerraGreen coin (token) in this platform to assure growth and development
of upcoming renewable energy projects. The TerraGreen coin will be a platform coin and utility coin.
TerraGreen runs the TerraGreen coin.
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Why TerraGreen Was Established?
TerraGreen is all about bringing reform in the current energy supply structure and transition to a new energy system with the help of blockchain technology.
TerraGreen has been set up to solve major problems of the environment and not only that but to benefit its users too. It will solve many problems that current renewable energy sectors are facing.
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Ambition and Purpose of TerraGreen.
• The ambition of TerraGreen is to develop an energy-saving cryptocurrency that mainly focuses on a sustainable ecosystem.
• The purpose of TerraGreen is to ease the so-called Energy Transition and divert the next generation towards renewable resources for more vital use.
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Advantages of Blockchain (Infographic)
1. More secure, while big banks are vulnerable to hacking attacks, it is next to impossible to hack
into a specific block
2. High level of reliability
3. Eliminates the ability to cheat
4. Increased transparency
5. Removes intermediaries’ fees
6. Increase the frequency and efficiency of trades
7. Increases access for diverse populations and locations
8. Allows more people and businesses to trade
9. Greater Ability to customize
10. Blockchain network can be public and open, or private with restricted membership
11. A faster way to conduct transactions.
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