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TERA is an original fragmented public chain based on POW consensus. The total amount is 1 billion, the block generation time is 3 seconds, the transaction speed is 1000TPS, and there is no gas fee. The DApp development language is JavaScript, and all DApps are stored on the blockchain.
It is worth mentioning that TERA's merging fragmentation protocol supports adding countless different new fragments without losing network security. The new sharding makes cross-chain possible on the basis of the TERA platform. At the same time, these different shards are unified in a global network, thereby increasing the total network speed to more than 1 million TPS and achieving unlimited scalability.
Separation of data transmission and authentication
Every node in the network is equal. The number of nodes is unlimited. Communication between nodes is achieved by organizing a single data chain in which information is recorded in the form of commands (transactions). Usually such a chain is called a blockchain, but in this platform its applications are extended. In traditional blockchains, transactions are written into blocks. In this case, the transaction block is not allowed to be written, which is invalid (eg, incorrect digital signature, insufficient funds in the account, double spending, etc.). In the TERA platform, the blockchain is used as a transmission tool, which can write arbitrary information into the block (we will call it a transaction in the future). Interpretation of the correctness of information depends on higher-level applications. The blockchain has a consensus mechanism to determine which data chain is true, but this consensus does not explain the rules of transactions within the block. Block data is a black box - all operations are performed with a set of bytes.
PoW algorithm is used to defend against DDOS attacks. The longer the length of the transaction, the larger the value of PoW must be. Before sending the transaction to the network, the client calculates the PoW value. The data river TERA platform can be abstractly expressed as a waterway, which ensures the continuity and mathematical order of container ships passing through. Channels do not have jurisdiction over ships and cargo. The utility of ships includes ports, fishing grounds, warehouses, etc., which provide useful work for ship loading.
How is it used?
Suppose you need to send goods to port B, and port A has already loaded the goods into containers and sent them to the port. At Port B, check all containers for correct contents and pick up the goods when you find them. The channel takes only 8 seconds to deliver ships to all ports of destination.
An important aspect here is the mathematical order. The purpose of the blockchain is to ensure that each device has a single order and composition of blocks. If this method is provided, then a program that reads them will produce the same results on all computers in the world - so the data is the same. So even if these blocks contain incorrect transactions, double spends, etc., programs on the client side will see it and refuse to execute. This is called the transaction verification process. To speed up the whole system, we separate it from the block transfer process. So we can perform validation at another time and in another process without affecting the blockchain, we can perform validation faster due to a large number of checks - due to less database access we can group operations and Work faster.