Imagine CREDIT as a people’s bank where your accounts can’t be frozen. It is completely and will always be free. It is also anonymous, extremely secure compared to traditional banking and payments can be sent to anyone in the world within seconds. Anyone can create an account by simply downloading the software. This bank cannot be shut down and has no owners. Because it is peer-to-peer, it is completely transparent. It has a limited supply of coins making it valuable and a great store of wealth, like gold. New coins can only be generated by the network’s 1% rewards.

So, welcome to the future of currency: Safe, fast, secure, anonymous, exciting and most of all, fun!

Other accomplishments of CREDIT include:

  • TerraCredit is one of the leading cryptocurrencies to go full Proof of Stake (PoS).
  • It is also the first decentralized digital payment solution for the world’s unbanked adult population.
  • TerraCredit is the first coin to operate with MiniPOS for mining and can be withdrawn to local bank accounts.

TerraCredit is known for having one of the best and most active communities. Everyone’s a star at TerraCredit; Having all worked tirelessly to make CREDIT an excellent coin.


Are you aware that in the United States cryptocurrency is considered a commodity? This means you get incredible tax breaks! Additionally, many countries do not tax it. Everyone believes that smart contracts are the future, and this is certainly the dawn of a new era on the internet.

The way we use money will never be the same again. So, how does this work?

The ability to manage transactions and issue additional CREDITS is all handled by the network of users utilizing CREDIT. In other words, it means YOU are the banker because the TerraCredit network is run by the investors and holders of TerraCredit, who receive a 1% yearly reward through a process called staking.

TerraCredit is open-source too, which means that the software that makes it function is completely available for public scrutiny, offering you complete peace of mind.

Nobody owns TerraCredit, it is not a single entity; Anyone can be a part of it. The bank history is also called a “blockchain”, which means its history is shared by everyone. So, when you download the program, you save a copy of the history and share it. In addition, you will stake while the software is running and make sure the bank history is secure. Therefore, it is impossible to counterfeit. Your account is a collection of keys and you can use those keys to sign transactions and even contracts. Nobody else in the world has a copy of those keys, only you. So, it is impossible to forge your digital signature. Thanks to the brilliant combination of digital signatures and torrents, cryptocurrency has risen to popularity.

In summary:

  • The software is open-source, so you know it is safe.
  • It is extremely fast and you can send money to anyone in the world within seconds.
  • It is anonymous and anyone can open an account.
  • Everyone gets paid to keep the network secure.
  • Everyone shares the bank history, so it is transparent.
  • It is and will always BE FREE.

What makes TerraCredit so different from Bitcoin?

As much as we cherish and love Bitcoin, we also seek to improve on it. Because Bitcoin is so large, it is nearly impossible for people to agree on innovative changes. This is why there was a huge surge in alternative currencies in the last few years. This has paved the way for TerraCredit. TerraCredit has and will continue to lead the way in blockchain technology and innovation.

CREDIT is a cryptocurrency and a decentralized digital payment solution for the world’s unbanked adult population. We see CREDIT as a viable replacement to cash and a rewarding option that is attractive to new users. 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. This is evident as everyone is presently buying CREDIT via exchange, while others receive it as payment for salaries and in exchange for products and services. The transparency of the CREDIT Blockchain ensures public accountability of all transactions as every coin can be traced to its creation.

CREDIT is a completely decentralized solution, never influenced by any government. We believe that CREDIT will be a major medium of exchange in the coming years. Therefore, we have come up with a solution to ensure mass adoption. We desire to give freedom to the poor and for the world’s unbanked population to be able to send and receive payment to and from their loved ones fast and efficiently.

With this in mind, everyone is encouraged to get CREDIT. It has so many benefits compared to other coins! Let’s take a closer look at the benefits of CREDIT: 

  1. Faster transaction speed and no fees 
    Credit transaction speed is faster than Bitcoin and any other Altcoin, with a transaction speed of three seconds. It also has no transaction fees, which makes CREDIT incomparable. 
  1. Easy cost of mining and increased earnings
    Credit adopts Proof of Stake (POS) and not Proof of Work (PoW) used by other Altcoins. The reason for this is that PoW has a production cost; The electricity costs determine the value.

    In PoS, scarcity is created because coins are needed for staking. So, in PoW a miner will only sell for what it costs to produce plus profit, but in PoS, a producer will only sell his profits, keeping the bulk of coins out of circulation. So, miners can dump if the price is high and stakes always retain their balance. As a result, PoS is safer because the asset and not the hardware is needed.

    In cryptocurrency technology, PoS is best but CREDIT’s own PoS is even better than what is obtained in other Altcoins. In PoW, like Bitcoin, they delegate producers and only Fifty (50) are allowed. Those 50 can easily hijack the chain if they decide to.

    CREDIT PoS protects against fake stake attacks because anyone can produce, therefore, many producers and too many nodes to confuse. It’s the distribution strategy that makes CREDIT rock solid and safer than any blockchain.

    Lastly, there is no delay in distribution as there is swift distribution. This makes CREDIT unique.

  1. Working blockchain
    In every cryptocurrency technology, blockchain technology is very important. The reason for many failures in cryptocurrencies is the lack of efficient blockchain set up which has either delayed transactions or become too porous for hackers to hack.

    CREDIT uses the best blockchain technology. It is well tested and trusted. It also completes transactions swiftly and all transactions can be tracked via the CREDIT explorer, which makes it easier to monitor coins.

  2. Six types of wallets
    The CREDIT wallet is incredibly unique with excellent operational nodes. It fits perfectly into any computer device when properly installed. 
  1. CREDIT is presently listed on CoinMarketCap
    This is further proof that CREDIT is widely accepted as a medium of exchange and traded on very reputable exchanges that are well recognized in CMC.

  2. CREDIT is traded on certified exchanges
    These exchanges are regarded as some of the best with an effective and honest team. These exchanges include Catex, Bitforex, Terrabit.
  3. CREDIT has workable products
    These products have seen tremendous progress. It includes:
  1. The Terra beta wallet.
  2. TerraMart: An online e-commerce store where you can buy products with CREDIT.
  3. The Terrabit exchange.
  4. The CREDIT desktop for storing CREDIT. It mines at full speed and you can get 100% of your initial balance back via mining within a year. This is another way of earning passive income by selling off your rewards and keeping your initial balance.


Proof of Stake (PoS) VS Proof of Work (PoW) 

PoW was an excellent innovation that formed the backbone of the original Bitcoin protocol. The idea is that it is centred on solving a computationally intensive math problem. It’s proof of the effort they’ve put in to secure the protocol. This is how a blockchain is generated. The effort that is required to perform these computations contribute to a coin’s scarcity and value. However, PoW is an extraordinarily expensive system. 

PoS cleverly solves this issue. Rather than using computer power as a scarce resource to generate security, PoS uses the scarcity of the coin itself. A user may choose to “stake” his coins to generate the next block in the chain, and his chance of doing so is basically proportional to the weight of his own coins.

CREDIT was a PoW and PoS hybrid blockchain but since block height 10 000, it has become strictly PoS. Our blockchain network selects block producers based on coinage and balance, in contrast to PoW blockchains where computational power determines success in block production. PoS is the next step in cryptocurrency evolution which promotes true decentralization by improving accessibility.

Furthermore, PoS is eco-friendly and efficient, and avoids the vast waste of energy and hardware overhead of PoW-based networks. TerraCredit’s core protocol has made industry-leading improvements to PoS security and general functionality. 

The end goal of PoS is identical to that of PoW: They both seek to validate transactions and achieve network consensus. However, their processes are different. The biggest advantage that PoS has over PoW is that it is much less energy-intensive because hash power plays no role in the success as a producer. This solidifies the decentralization of the CREDIT blockchain by removing equipment cost and expertise barriers. This allows us to welcome thousands of non-technical block producers.


Anyone can download a TerraCredit wallet for free to participate and earn from block production anonymously.

Transactions on our blockchain show instantly and are spendable within just one minute. Future versions will see TerraCredit transactions spendable in under a second. 

Secure Network
Performing a 51% attack on TerraCredit, a highly decentralised PoS network with over 12,000 non-competitive solo miners, is impossible. 

Rewards – PoS
TerraCredit users that stake their balance, will receive 100% profit annually. You don’t even need a PC, because staking wallets are available for all web-connected devices. 

Low Fees
You can send money to anyone, anywhere in the world, for literally no cost. The average fee to send unlimited amounts is below $0.00000003.

Decentralised Team
Our team was formed organically over time and is spread across the globe. It consists of community members, some of who have made major commitments to be included in our team.


This is a fixed amount of CREDIT due to static block reward, and a slightly less inflation rate year-on-year as a result of that.

The block time target is 64 seconds, which works out to (60/64 x 60) x 24 x 365 is 492750 1.5 CREDIT block rewards in a year. This is roughly 739,125 new CREDIT per year. Currently, 739,125 is 0.972% of the total supply of 76,034,138 CREDIT. 

This 0.972% is distributed to only a fraction of the shareholders, the ones who stake. The reward rate is above 1%, average 4 to 8% annually, depending on time and amount of CREDIT staked. This means that if only 20% of coins were actively being staked, you could get around 5% per year for continually staking, since 80% of people, on average, weren’t staking and got nothing.


The network weight can be checked on the bottom-left of your wallet. Network weight is computed from the last 72 blocks.


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.

In order for CREDIT to be a medium of exchange, it must be a store of value. If CREDIT could not be stored over time and still remain valuable, it would not be adopted as a medium of exchange. 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 functions as a unit of account, providing a common measure of the value of goods and services being exchanged. This allows both buyer and seller to make decisions about the value of the goods or services on offer.

International payments are instant and have virtually no cost. The transparency of the CREDIT blockchain ensures public accountability of all transactions, as every coin can be traced to its creation.


Terra Foundation designed CREDIT to offer free and fast blockchain-based payments. CREDIT facilitates online and physical payments across different devices, and is designed to be simple and relevant to anyone with a basic computer or smartphone. CREDIT is the answer to making cryptocurrency much more accessible and flexible for all.


You can buy TerraCredit on the following online exchanges; Terrabit, Catex and Bitforex.

You will find these exchanges and their volumes at Coinmarketcap.com/Markets.


TerraCredit is purely a PoS coin and can no longer be mined in the usual way. However,  mining can still be done by what is called staking. This also serves to secure the network and aid in the various transactions made for all TerraCredit users. 

For staking, you will earn between 1% to 8% (depending on the network weight) of the total amount of coins held in your wallet over a year. This is automated as soon as you unlock your wallet.

While staking, you will notice that a certain amount of coins will be placed into your stake balance (you can see this under the Overview tab on your wallet) and those coins will begin to stake. The more coins you have, the more coins you will earn through staking.


Staking doesn’t need to do a lot of work. Therefore, the requirements are incredibly small.

It is practically almost impossible to find a computer today that is not able to stake.


For block rewards, you’ll receive 1.5 CREDIT reward and any tax fees in that block.


10000 CREDIT is expected to stake approximately around (1.5 CREDIT) once a day. There’s no exact assertion of how many stakes you will get. However, if you stake with more coins, you get more blocks and will most likely, get a reward. Someone staking 24 hours a day, 365 days a year would get more (~24x) than someone staking the same amount of coins an hour a day. 

Staking is a kind of lottery. Some days you’ll get more than usual, some days less. It’s just an estimate.


The official TerraCredit website is http://terra-credit.com



Our purpose is to develop CREDIT into a force, much like Bitcoin is currently. We have identified several traits that we believe a cryptocurrency needs to not only be successful, but to achieve mass adoption. These are:

  • Transparency
  • Decentralization
  • Sustainability
  • Security
  • Feasibility
  • User-friendliness
  • Integration

CREDIT was born to embody all of the above traits while still having the flexibility to improve and adapt to an ever-changing financial and crypto environment.

Another important aspect of the CREDIT mission, and a reason for CREDIT’s creation, is the introduction of cryptocurrency into the lives of new users. It’s been proven time and time again that cryptocurrency is a life-changing catalyst of financial freedom and change in people’s lives.

One new user is one step closer to a complete crypto-world and at Terra, we believe that we have the potential to add a substantial amount of mileage toward this goal.

  • CREDIT ticks all the boxes as a cryptocurrency: It is decentralized, it is blockchain-based and it is open source. It does, however, go far beyond these requirements and continues to offer a range of useful and beneficial improvements.

  • CREDIT is faster than most cryptocurrencies and offers virtually free transactions. It is also capable of handling millions of transactions every minute because of its frequency of block production. CREDIT is incredibly easy to use and offers the simplest block production process. Block production is highly profitable because there is no demand for hash power, CREDIT is designed to be supported on a device you already own.

  • Users are encouraged to use CREDIT across multiple platforms and even develop their own external frameworks, platforms, and applications implementing CREDIT.

  • Our code will always remain open-source and available for adoption or improvement at any time. Any users wanting to do this will receive the full support, encouragement, and guidance of the Terra Foundation.

  • CREDIT transcends its true purpose as a payment platform and also serves as a highly tradable asset, which is listed on exchanges. We have the benefit of entering the market in a downed state and the future value of CREDIT looks bright once the market corrects.

Sending CREDIT takes seconds and is virtually free. Any user can group unlimited unique transactions into a batch and send all the payments at once for the low fee of 0.00001 CREDIT. Transactions are confirmed quickly by the network of nodes that are rewarded with new coins rather than transaction fees.


Users can easily make long-term investments with large returns simply by holding their CREDIT and staking. The balance will become staked and you will periodically receive rewards.
It is the ideal investment situation where you are the banker and you hold the keys. There is zero trust involved when you own and operate your own wallet.

The new coins you earn are found from the future maximum supply and they are delivered directly to your wallet. There is no middle man in this situation. The best part is that you retain your initial balance throughout this process, thus never diminishing your wealth, unless you sell all of your coins.

Many users will likely spend their profits, and this is what CREDIT is designed to do. CREDIT has been designed to welcome millions of new cryptocurrency users to the global community and to enrich their lives by rewarding them in a simple way that is accessible to them.

Over time, CREDIT’s profitability model will become more and more attractive to new and first-time users, not to mention experienced miners who can sell their pricey equipment and stake CREDIT on their smartphones or home computer.

All of these earning and new coins actually promote scarcity because a CREDIT balance is required to produce blocks. The bigger your balance, the bigger your reward. This is the ultimate win-win situation that is beneficial for users on both sides. This trend will continue and more and more new and experienced users will join the CREDIT blockchain for its low cost, high reward and simplicity.


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 its users and adapting to their needs.

We see CREDIT as a viable replacement for cash and a rewarding option that is attractive to new users. We hope that CREDIT will be a tool of change in the lives of its users, allowing them access to a new financial system that is better for them.

Our vision extends beyond this Golden age of humanity and thousands of years into the future. We expect that the CREDIT blockchain will outlive all of its current users, and that knowledge of its benefits will be passed down from generation to generation.



TerraCredit’s current bootstrap is approximately 1.4 GB. Therefore, with adequate internet speed and available peers, it can take up to 2 days to download. To speed up your first syncing, downloading the bootstrap is an excellent way of achieving that.


The CREDIT wallet is such a unique wallet with excellent operational nodes. It fits perfectly into any computer device or smartphone when properly installed. However, if you encounter any issue, such that your wallet is unable to connect to the CREDIT network, you will need to configure your wallet.


  • Ensure you have the latest wallet version.
  • Ensure your Firewall or Antivirus software do not block wallet connections.
  • Ensure your system’s clock is accurate.
  • Coins take around 8 hours (~501 Blocks) to mature.
  • The wallet will create his own peer circle. It takes time. 

Wallet configuration helps your wallet to connect directly to the network without any issue. 

Kindly follow these simple steps to configure your wallet: 

  • Step 1. Go to https://terra-credit.com/windows.zip to download the credit.config (compressed configuration file).
  • Step 2. Unzip the compressed configuration file to get the credit.conf file, copy it.
  • Step 3. Open the file explorer of your PC. Type %appdata% on the address bar and press enter to locate the CREDIT folder of the wallet
  • Step 4. Double click the CREDIT folder to open it, paste the credit.conf file on the space under the files contained in the folder.
  • Step 5. Now, close the CREDIT folder and wallet and restart your wallet. It will connect swiftly to the network without delay.

Sending coins is very easy. If you are sending these coins to a partner, friend, exchange or business associate, all you will need is their Receiver address (known as a deposit address on exchanges). 

If your wallet is encrypted, you will also need to have your passphrase (encryption phrase) ready. This is required every time you want to send coins out of your wallet. 

  • Pay To: Enter the CREDIT address of your friend/exchange or business (These addresses will also be stored in your built-in address book, where you can label or re-label whenever you wish).
  • Label: This makes it easier for you to remember who the address belongs to, so if you send to an exchange like Terrabit, just type in ‘Terrabit exchange’.
  • Amount: The amount you desire to send. 

Please note that if you are sending coins to an address, make sure that you copy and paste the address into the ‘Pay To’ area instead of typing it in. This will hopefully prevent you from entering an incorrect address.


Receiving CREDIT is almost similar to sending coins, but this time around you are the one receiving it from a friend or business partner. If you have just bought some TerraCredit from an exchange or you are to be paid in CREDIT, you will need to have a Receive Address so that the coins can be sent straight to your wallet. 

By default, you will only have one Receive Address, so just right-click on it and select ‘Copy Address’. This prevents you from trying to manually type it out and making errors. Now you can give that address to whoever wishes to pay you (or exchange). 

You don’t have to use the same address to receive coins for every transaction as creating a new address is very simple. Just click ‘New Address’ at the bottom and then label it whatever you wish (eg. Donation from the site), so you can view individual transactions made to you easier over time.


Wallet Settings > Unlock Wallet

Smarter Technology

Impervious to typical attacks, the Credit blockchain completely ignores hash power and selects producers based on their balance. The absence of master nodes improves security by eliminating other forms of attack that are used in networks with fewer producers.

100% Inclusive

The CREDIT wallet is simple to install and produces blocks automatically, anyone with a modern computer or mobile device can be set up in minutes. This increases the decentralization within the node community by making it simple and accessible with no coding or advanced skills required.

Fast and Free

Sending CREDIT takes seconds and is virtually free. Any user can group unlimited unique transactions into a batch and send all the payments at once for the low fee of 0.00001 CREDIT. Transactions are confirmed quickly by the network of nodes that are rewarded with new coins rather than transaction fees.


Want to say hello? Want to know more about us? Drop us an email and we will get back to you as soon as we can.