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What is TurtleCoin all about
TurtleCoin (TRTL) is a microcap cryptocurrency that is dedicated to privacy, has built up a substantial community and is one of the few coins that can still be mined with your PCs CPU.
The Turtlecoin project came to life on 7th December 2017 and was created by two developers, Bebop and Rocksteady. According to legend, the two developers came up with the idea for Turtlecoin in a bar whilst discussing the deluge of fake ICOs and “shitcoins” on the market. The core idea was to create a cryptocurrency that didn’t require an ICO (initial coin offering), a large pre-mine or a large marketing budget and also create a coin that would be possible to mine by regular people with their own computers, much like the early days of bitcoin. In yet another break from standard crypto convention, there was no whitepaper behind Turtlecoin and there still isn’t to this day.
Despite starting out as a fun project there are several features that make it quite an advanced cryptocurrency yet still relatively easy to use and mine. One of the technological strengths is the ability to validate blocks in only 30 seconds, compared to 10 minutes on bitcoin, so 20 times faster! This shorter block time is quite significant, especially considering the current issues of network congestion and the resulting high transaction or gas fees on the larger crypto networks like bitcoin and Ethereum.
Another feature is that of privacy. Turtlecoin is what is known as a privacy coin. Now, this is a complex subject as on the one hand the right to privacy is in most cases a fundamental right, but on the other hand, this same privacy in the wrong hands can more easily facilitate criminal activities like money laundering or funding terrorist activities for example. Nevertheless, Turtlecoin is a privacy coin that uses the CryptoNight hashing algorithm and has many of the same privacy features as Monero (XMR), one of the top privacy coins. As mentioned, privacy coins have their pros and cons, however, it’s worth bearing in mind that privacy coins are most likely to attract the scrutiny of governments and regulators.
In what is now increasingly uncommon, Turtlecoin is still relatively easy to mine, especially with the short block time. In the very early days of bitcoin, for example, it was possible and indeed common for people with modest computers to mine bitcoin. As bitcoin and crypto began to blow up, competition for mining increased significantly and resulted in the current situation where bitcoin mining is realistically out of reach for most “normal” people. With that in mind, Turtlecoin still can be mined with its own simple and basic CPU miner. For the slightly more advanced, it is also possible to use the more common Monero mining software with XMR-Stak and perhaps better suited to those who would rather use their GPU and mining pools.
One of the driving forces of Turtlecoin and most popular cryptocurrencies and tokens is the strength and engagement of the community. Turtlecoin has a very active and engaged community and this is doubly helpful bearing in mind there is no marketing team or the proceeds of ICO to help to spread the word about Turtlecoin and its wider adoption.
As ease of use plays a big part in the identity of Turtlecoin the developers have worked hard to ensure that the wallet is intuitive and simple to use using graphical user interfaces. There are several GUI (graphical user interface) wallets that can be used with Turtlecoin including Winforms, Python, Electron and Golang which are available on Windows, Mac and Linux.
Overall Turtlecoin is an interesting microcap crypto project combining privacy and the pros and cons that come with it, an active community and also a relatively easy and accessible way to get Turtlecoins by way of mining. If one is prepared to invest a little time and energy the downsides are pretty low in terms of losing hard cash and being a microcap crypto, the upside potential could be interesting too.
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TRTL Questions & Answers
When did TurtleCoin reach its peak?
TurtleCoin was the most expensive on 2021-04-06, at 0.00080014 EUR.
What will TurtleCoin cost in one month?
According to our short term price prediction, we expect, that the price of TurtleCoin will be anywhere between €0 and €0.00008776 in 1 month time.
What will TurtleCoin be worth in three months?
In accordance with our price prediction algorithm we expect the price of TurtleCoin is likely going to reach between €0 and €0.00028056 in three months time.
Does TurtleCoin have a large following on online?
4536 users took part in discussing TurtleCoin online on Reddit in the last 2 days. TurtleCoin's Twitter handle currently is followed by 10660 users.
How much will TurtleCoin cost in half a year?
There is no easy way to make an accurate long-term prediction, however according to our price prediction algorithm we expect that TurtleCoin's cost is likely going to be between €0 and €0.00028056 in half a year.
What is the price of TurtleCoin right now?
Today's price of TurtleCoin is 0.00002320 Euro.
10 days TurtleCoin price forecast
Long term TurtleCoin price prediction