Terracoin (TRC)

Terracoin ranks #373 of 504 cryptocurrencies. On a list that also counts tokens, memecoins, wrapped coins, staked derivatives and stablecoins it appears at #5398: 5025 of the 5397 assets ahead of it are not native coins but tokens or claims. A token is issued on a host blockchain rather than running its own; a claim stands for an asset already counted.

CoinSpectrum Gradepending — launch under review
Rank among cryptocurrencies#373
Rank counting claims#5398
Price$0.00830
Circulating supply0 TRC
Maximum supply42,000,000 TRC
Consensus familyProof of Work
Consensus mechanismSHA-256
Own hashrate—
Network purposePayments
Ledger typeSingle-asset ledger
Launch distributionNo premine

Market figures from the 28 October 2026 build. Open the live view for every exchange's price, and charts.

CoinSpectrum Grade (Source)

Grade pending. What Terracoin pays its miners is not yet measured. A grade is not given until it is, so that a coin is never rated higher for what is not yet known.

CriterionScoreBasis
Leading Consensus Mechanisms (Source)10group average
Consensus: leader ladder10Proof of work: 10 of 10 on the ladder of consensus families ranked by their largest chain's market cap
Consensus: family ladder10Proof of work: 10 of 10 on the ladder of families ranked by the combined market cap of their chains
Cryptocurrency Standards (Source)8.1group average, 10 of 12 measured
Sound Money Properties (6 checks) (Source)6.74 of 6 points source
Scarcity (Limited supply · 1 Store of value · Whitepaper §6)9.8fixed maximum supply of 42 million: supply scale 9.6, cap 10
Durability (Sustainability · 1 Store of value)✗1 full year since its first recorded price, no halt, freeze or reversal in five years
Fungibility (Interchangeability · 3 Unit of account)✓every unit identical and worth any other
Portability (Scalability · 2 Medium of exchange)✗typical fee $2e-8; about 74 transactions a second, 4.2 on the throughput scale (5 is the busiest networks' median demand)
Divisibility (Flexibility · 3 Unit of account)✓8 decimal places, the smallest unit worth $8.3e-11
Verifiability (Authenticity check · 1 Store of value · Whitepaper §8)✓node software open source; light clients verify from headers or proofs
Scalability (fees, throughput, block time, block space, features)7.9average of 5 parts source
Fees ($0.001 or less 10, $1 or more 0)10typical fee $2e-8
Throughput (2,478 a second, the busiest network's peak day, 10; 119, the median of the ten busiest, 5)4.2about 74 simple transactions a second
Block time (10 minutes 10, less either side)7.6a block every 2.1 minutes
Block space per 10 minutes (32 MB or more 10)7.92 MB limit, 9.47 MB per 10 minutes
Features (3 checks)103 of 3 passed
Fast payments (Safe to accept within seconds · Whitepaper §11)✓Dash 0.12.2-based node with no replace-by-fee and masternode InstantSend locks; whether enough masternodes run today for InstantSend to work was not verified.
Pruned nodes (Old history dropped, every rule checked · Whitepaper §7)✓Terracoin Core v0.12.2.5 (Mar 2020): -prune keeps the UTXO set and recent blocks.
Light clients (Payments verified from headers · Whitepaper §8)✓Terracoin Core v0.12.2.5 (Mar 2020) serves BIP37 Merkle proofs to SPV clients, which check the SHA-256 proof of work in headers.
Security (miner pay and 7 checks)32 of 6 points, 3 not yet measured source
Miner pay (A day, $1,000 0 to $10 million 10; 2 points)–
Own hashrate (Half its algorithm's largest, not merge-mined)–
Largest pool (Pool or validator under 50%)✗75.9%
Largest three (Under 75% together)✗80.4%
Clients (More than one maintained)✗0
Open source (Node software)✓Volunteers of the 'TRC Foundation' community in the terracoin GitHub organisation, idle since 2020; MIT licence.
Real use (1,000+ transactions a day)✗about 29 a day
No 51% attack (Nor a deep reorganisation, five years)✓
Decentralisation9.9section average, 6 of 8 measured
Censorship resistant (Source)10No authority can halt the chain or freeze funds: No key can freeze coins; Dash-style sporks let the spork-key holder toggle features such as InstantSend and payment enforcement, but not freeze balances. source
No central team (Source)10No central team: Volunteers of the 'TRC Foundation' community in the terracoin GitHub organisation, idle since 2020; MIT licence. source
Who can mint (Source)10Proof of work: 10 of 10 on the ladder of who produces blocks
Nodes (Source)—Not yet counted
Holder concentration (Source)—Not yet measured
Premine (allocated at launch)100% of today's supply allocated at launch to founders, a company, a foundation or investors. Launched 2012-10-26 with block 1 paying the normal 20 TRC (insight.terracoin.io); no genesis allocation, instamine or sale found. source
Fundraising10No sale of the coin source
Developer share (after launch)9.6Developer share: about 4.3% of today's supply received so far; 10% of each new block reward goes to them today. Since the Dash-based relaunch, GetBlockSubsidy reserves 10% of each block's subsidy for monthly governance superblocks from block 1,087,500 (2017), paid to masternode-approved proposals; unallocated budget is never minted. Upper bound: 1.01M + 0.53M + 0.04M = ~1.58M TRC of ~37.2M supply = 4.3%; the actual figure is lower. source
Privacy4section average
Privacy (5 checks)42 of 5 passed source
Protocol level privacy (Keys not tied to an identity · Whitepaper §10)✓Terracoin's Bitcoin-derived node (terracoin/terracoin) has no identity rule: anyone generates keys and receives and sends the coin.
UTXO ledger (A new key for each payment · Whitepaper §2, §9)✓
Network privacy (Origin hidden by default)✗Terracoin Core v0.12.2.5 (Mar 2020): no Dandelion; Tor is only used if the operator runs and configures it.
Hidden amounts (Amounts confidential)✗Transparent Bitcoin-style amounts; no confidential transactions.
Hidden parties (Sender and receiver hidden)✗Transparent addresses and inputs; no ring signatures or stealth addresses.
Programmability (tokens, contracts, 5 checks)3.33 of 9 points source
Token issuance0No token issuance on the chain itself
Smart contracts (Scripting for spending conditions)1Terracoin runs Bitcoin-style Script limited to spending conditions (signatures, hash locks, multisig); no contract VM or token introspection.
Multisig and time locks (Without a third party)✓OP_CHECKMULTISIG plus CLTV, enforced once version-4 blocks are a supermajority (current blocks are version 4, block 3,330,156); CSV is a 2018 BIP9 deployment.
Atomic swaps (With other chains)✓HTLCs built from Script hash locks (OP_SHA256/OP_HASH160) with a CLTV refund branch are standard Script, so cross-chain hash-locked swaps work on Terracoin.
Native exchange (Built into the protocol)✗No exchange or order book in the Terracoin consensus rules.
Cross-chain messaging (Verified by the chain itself)✗Terracoin nodes verify no other chain; no protocol-level cross-chain messaging.
NFTs (Carried by the chain's rules)✗No token or NFT type in the Terracoin consensus rules.
Supply & Demand5.1group average
Supply & Demand (Source)0.5average of 2 measures
Exchanges (10 or more: 10)11 exchange
Daily volume ($10K 0, $1B or more 10)0$41 traded in 24 hours; #4142 by volume on the exchanges the site reads (scored on the median day of the last 2, $20)
Turnover (volume ÷ market cap, 5% a day: 10)–not measured
Order-book depth (bids and asks within 2% ÷ market cap, 1%: 10)–not measured
Market cap ($1M 0, $10B or more 10)–not measured
Paper trading (futures, options and margin ÷ market cap, 0%: 10, 100%: 0)–not measured
Supply (smaller is better)9.6fixed maximum supply of 42 million
Record3.7group average
Record (origin, claims, halts)103 positive, 0 negative source
Positive record
Launched with a stated purpose, not as a joke✓
No claims by its founders that contradict its own design✓
No halt, freeze or reversal in five years✓
Age (years since genesis) (Source)11 full year since 2024-12-16, the first day with a recorded price (genesis not yet researched, so the age can only be understated).
Development (work, improvements, unfixed issues)00 positive, 5 negative source
Negative
Steady work, 0 of 6✗0 commits in 0 of the last 12 months (github.com/terracoin/terracoin); Last release Terracoin Core v0.12.2.5 (2020-03-05); last commit 2020-03-06.
Unfixed vulnerability, disclosed 2024-07-03, −1✗CVE-2024-52914: crafted orphan transactions can stall the node for hours in the uninterruptible orphan-resolution loop; still in Terracoin v0.12.2.5.
Unfixed vulnerability, disclosed 2024-07-03, −1✗CVE-2020-14198: misbehaving peers are auto-banned into an unbounded ban list, so many attacker addresses can exhaust CPU and memory; still in Terracoin v0.12.2.5.
Unfixed vulnerability, disclosed 2024-07-31, −1✗CVE-2024-52919: addr-message spam can overflow the address manager's 32-bit id counter and crash the node, with no addr rate limit; still in Terracoin v0.12.2.5.
Unfixed vulnerability, disclosed 2024-09-18, −1✗CVE-2019-25220: a long low-difficulty header chain can exhaust memory because the node has no headers pre-synchronisation; still in Terracoin v0.12.2.5.

Twenty criteria, weighted equally. The Cryptocurrency Standards have five sections: sound money (six qualities: scarcity, durability, fungibility, portability, divisibility, verifiability), scalability (four measures and three features), security (miner pay and seven checks), decentralisation (censorship resistance, no central team, who can mint, nodes, holders, premine, fundraising and developer share) and privacy (five checks); programmability (token issuance, smart contracts and five checks) follows them. Provisional: criteria marked — are not yet measured and are left out of the average. A rating of structure and market depth, not a price forecast or investment advice. How the grade is built · Highest-graded cryptocurrencies.

Supply

0 of a maximum 42,000,000 TRC are in circulation — 0.0% of the total that will ever exist.

Launch and allocation

Premine (allocated at launch)0% of today's supply
Sold by the issuer or insiders0% of today's supply
Developer share received since launch4.3% of today's supply
Developer share of new coins today10%
FundraisingNo sale and no investor round

Launched 2012-10-26 with block 1 paying the normal 20 TRC (insight.terracoin.io); no genesis allocation, instamine or sale found.

No sale.

Since the Dash-based relaunch, GetBlockSubsidy reserves 10% of each block's subsidy for monthly governance superblocks from block 1,087,500 (2017), paid to masternode-approved proposals; unallocated budget is never minted. Upper bound: 1.01M + 0.53M + 0.04M = ~1.58M TRC of ~37.2M supply = 4.3%; the actual figure is lower.

clients is 0 because no release in 24 months. Supply was not published by the explorer; ~37M is computed from the schedule. One pool, Mining-Dutch, found three quarters of blocks in the last 30 days. No 51% attack in the window was found in searches.

Sources: github.com · github.com · github.com · insight.terracoin.io · bitcointalk.org. Researched 2026-10-26, medium confidence.

The work behind it

No source we can reach publishes a hashrate for Terracoin.

What a regulator has said

No SEC/CFTC determination — unclassified.

The regulator's position, reported as stated, not CoinSpectrum's. Assets nobody has ruled on are left unclassified rather than sorted by a guess.

How CoinSpectrum ranks Terracoin

Terracoin is #373 among cryptocurrencies and #5398 in the market ranking, which lists wrapped coins, staked derivatives, stablecoins and tokens alongside them. CoinSpectrum counts an asset once, and counts only cryptocurrencies: assets with their own blockchain and their own consensus. A wrapped coin, a staked derivative or a stablecoin is a claim on something already counted; a token, memecoin or otherwise, runs on another chain's blocks. All of them are listed, each in its own section, and none is added to the total. The 5025 places between Terracoin's two ranks are held by claims and tokens, not by other networks. The methodology sets out the rule and the counting rule argues for it.

The price above is the median of the exchanges the site reads live, checked every minute and cross-checked against a market snapshot (how market data is gathered). The grade is scored on published criteria, each with its source (the method). The site is independent, nothing on it is a paid placement, and its statements are signed (about CoinSpectrum, the manifesto).

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