1. What is TRC?

TRC cryptocurrency (Terracoin) is a decentralised digital currency based on the underlying technology of Bitcoin. Here’s an introduction to TRC:

1. Technological Basis: TRC uses Bitcoin's underlying technology and has made improvements upon it. Its aim is to become a decentralised currency usable for payments globally.

2. Blockchain Technology: TRC employs blockchain technology to record transactions and control the creation of new units, giving it decentralised, secure, and transparent characteristics.

3. Decentralisation: Control of TRC is decentralised, utilising blockchain to maintain the transaction database and manage distributed electronic ledgers.

4. Security: The security of TRC is based on blockchain technology and cryptography, ensuring transaction security and immutability.

5. Use Cases: TRC aims to become a means for global payments and can be used for transactions anywhere.

TRC cryptocurrency is different from the TRC20 protocol of USDT; TRC20-USDT is a stablecoin based on the TRON TRC-20 protocol, while TRC (Terracoin) is an independent cryptocurrency.

2. Who founded TRC?

TRC-20 is a token standard based on the TRON blockchain, and not a cryptocurrency itself. The TRON blockchain was launched by Justin Sun in 2017 on the Ethereum network and later separated to establish its own blockchain in 2018. Therefore, the creation of TRC-20 is associated with Justin Sun, but it is a token standard on the TRON blockchain, not an independent cryptocurrency.

3. Which venture capitalists invested in TRC?

TRC-20 tokens are based on the smart contract standard of the TRON blockchain and do not have a direct association with specific venture capital investments. However, the TRON blockchain itself and its ecosystem projects may attract investments from various venture capital firms. Here are some venture capital institutions that have previously invested in blockchain and cryptocurrency projects, although they may not have directly invested in TRC-20 tokens but may be interested in projects within the TRON ecosystem:

1. SoftBank China: Has invested in the digital currency market analysis company "BitEasy".
2. BlueRun Ventures: Co-invested in "BitEasy" with SoftBank China.
3. GF Network: Co-invested in the digital asset trading platform CoinMex with Distributed Capital.
4. Huobi Ecosystem: Invested in the decentralised digital asset custody trading platform BHex.
5. OKCoin: Co-invested in BHex with Huobi.
6. Yintai Capital: Invested in BHex.
7. Node Capital: Invested in BHex and other blockchain projects.
8. Plum Ventures: Invested in BHex.
9. Imagination Fund: Invested in BHex.
10. KuCoin Wallet: Founder Yuan Dawei invested in BHex.
11. Genesis Capital: Founder Sun Zeyu invested in BHex.
12. JRR Crypto: Invested in the blockchain media platform Coin Daily BKBT.
13. ING Ventures: Invested in the blockchain trade financing service platform TradeIX.
14. Soros Quantum Fund: Invested in CryptoKitties (Ethereum CryptoKitties).
15. ConsenSys Capital: Invested in CryptoKitties (Ethereum CryptoKitties).

These institutions may be interested in projects within the TRON ecosystem, but specific investment details would require further investigation. TRC-20 tokens themselves are based on the TRON blockchain's smart contract standard and are not direct objects of investment.

4. How does TRC work?

TRC cryptocurrency (Terracoin) is an encryption currency founded by Daniel Parker in 2012 based on Bitcoin's underlying technology. Its operation principles are as follows:

1. Underlying Technology: Terracoin adopts Bitcoin's underlying technology and has made improvements upon it.
2. Block Generation: Terracoin's block generation time is four times faster than Bitcoin, creating an average of one block per minute, which enhances transaction speed and scalability.
3. Masternode: Terracoin introduces Masternodes, specialised servers that can provide additional services such as instant and private transactions. Users can own their own Masternode service by purchasing a certain amount of Terracoin.
4. Supply: Terracoin has a limited supply of 420,000 TRC, of which about 60% has already been mined, and it is expected to be fully released by 2052.
5. Transactions and Use: Terracoin can be used for payments anywhere in the world, and users can buy, stake, or lend TRC through exchanges to earn benefits.

In summary, Terracoin is a fully functional digital currency aimed at improving the transaction speed and security of cryptocurrencies. It offers various use cases, including transactions, staking, and payments.