Frequently Asked Questions

TIME is a next-generation cryptocurrency featuring 24-hour blocks, instant transaction finality, and a three-tier masternode network. Unlike traditional cryptocurrencies, TIME uses a unique purchase-based minting model with no pre-mine or founder allocation.

Key features:

• 24-hour block intervals for daily immutable checkpoints
• Instant finality (transactions confirmed in under 5 seconds)
• Purchase-based token creation (no mining, no pre-mine)
• Three-tier masternode system with 18-30% APY
• Built in Rust for security and performance

TIME is currently in development and purchasing is not yet available.

The testnet is expected to launch in Q2 2025, at which point you'll be able to purchase TIME with BTC, ETH, USDC, or USDT.

To be notified when purchasing becomes available, join our community channels on Discord, Telegram, or Twitter.

TIME introduces several innovative features:

• 24-Hour Blocks: Instead of short block times, TIME produces daily blocks that serve as immutable checkpoints, not transaction gatekeepers
• Instant Finality: Transactions are validated and final in under 5 seconds through masternode consensus
• No Pre-mine: All TIME is created through purchases - no founder allocation, no team tokens
• Fair Launch: Everyone starts equal with transparent minting
• Accessible Masternodes: Start earning rewards with just 1,000 TIME (~$5,000)

TIME is built with security as a top priority:

• Rust Language: Memory-safe, eliminates entire classes of bugs
• BFT Consensus: Byzantine Fault Tolerant, secure against up to 1/3 malicious nodes
• Deterministic Finality: No risk of transaction reversal after confirmation
• Open Source: Code is publicly auditable on GitHub
• Security Audit: Planned before mainnet launch

TIME has a dynamic supply based on demand. There is no hard cap or pre-determined total supply.

TIME tokens are created only when someone purchases them with BTC, ETH, USDC, or USDT. This purchase-based minting model ensures:

• Supply grows organically with demand
• No artificial scarcity manipulation
• Every TIME in circulation was paid for
• No pre-mine or founder allocation

TIME separates transaction finality from block production:

Transaction Flow:

• User submits transaction to network
• Masternodes validate via BFT consensus (3-5 seconds)
• Transaction is immediately final and spendable
• Every 24 hours, all transactions are bundled into a block

Blocks serve as archival snapshots, not validation bottlenecks. This provides instant user experience with periodic immutable checkpoints.

TIME uses Byzantine Fault Tolerant (BFT) consensus among masternodes.

How it works:

• Transaction broadcast to all masternodes
• Masternodes pre-vote on validity
• If 2/3+ agree, they commit the transaction
• Transaction achieves finality with 2/3+ commits

This provides deterministic finality - once confirmed, transactions cannot be reversed.

TIME transactions achieve finality in under 5 seconds, typically 3-5 seconds.

Unlike blockchains that require multiple confirmations over 10+ minutes, TIME transactions are:

• Immediately validated by masternodes
• Instantly final (no waiting for blocks)
• Spendable right away
• Cannot be reversed or double-spent

No. Once a TIME transaction achieves consensus (2/3+ masternodes agree), it is deterministically final and cannot be reversed.

This is different from Bitcoin or Ethereum where transactions can theoretically be reversed through chain reorganizations. TIME's BFT consensus ensures absolute finality.

TIME is built in Rust, a modern systems programming language chosen for:

• Memory Safety: Eliminates buffer overflows and memory leaks
• Performance: Comparable to C/C++ speed
• Concurrency: Safe parallel processing
• Type Safety: Catches bugs at compile time

This makes TIME more secure and performant than many other cryptocurrencies.

Purchasing is not yet available. When the testnet launches in Q2 2025, you'll be able to purchase TIME through:

• TIME wallet application
• TIME website purchase interface
• Direct crypto transfers (BTC, ETH, USDC, USDT)

The process will be simple: initiate purchase, send crypto to provided address, receive TIME in 3-15 minutes.

When purchasing becomes available, TIME will accept:

• Bitcoin (BTC)
• Ethereum (ETH)
• USDC - ERC-20 or native
• USDT - ERC-20 or TRC-20

Fiat purchases (USD, EUR) may be added in later phases.

Not initially. The first version will only support cryptocurrency purchases (BTC, ETH, USDC, USDT).

Fiat on-ramps are planned for Phase 8 of the roadmap (approximately 12+ months after mainnet launch), which will include:

• Payment processor partnerships
• KYC/AML compliance system
• Credit card purchases
• Bank transfers

Wallets are not yet available. When testnet launches, you'll be able to:

• Download wallet for Windows, Mac, or Linux
• Install mobile apps (iOS and Android)
• Use web wallet interface

Setup will be simple: install application, create new wallet, securely store your 12-word seed phrase.

See the wallet documentation for more details.

When you purchase TIME, the token distribution is:

• 90% - Goes to you (the buyer)
• 8% - Masternode reward pool
• 2% - Development fund

For example, if you buy 1,000 TIME worth of value, you receive 900 TIME, and 100 TIME supports the network.

There are no additional purchase fees beyond this distribution.

Minimum purchase amounts will be set when the purchase system launches. Expected minimums:

• ~$50 USD equivalent for small purchases
• Lower fees for larger purchases
• No maximum purchase limit

A masternode is a special server that performs critical network functions:

• Validates and confirms transactions
• Participates in BFT consensus
• Maintains network connectivity
• Votes on governance proposals (Tier 2+)
• Produces daily blocks (selected randomly)

In exchange, masternode operators earn rewards from transaction fees and purchase fees.

TIME has three masternode tiers:

• Tier 1: 1,000 TIME (~$5,000) - 18% APY
• Tier 2: 10,000 TIME (~$50,000) - 24% APY + voting rights
• Tier 3: 100,000 TIME (~$500,000) - 30% APY + proposal submission

All tiers validate transactions, but higher tiers earn more rewards and have governance power.

Minimum requirements:

• 4GB RAM
• 2 vCPU cores
• 50GB SSD storage
• Public IP address
• Port 17575 open
• Linux server (Ubuntu recommended)
• Stable internet (10+ Mbps)

A $24/month VPS from DigitalOcean or similar providers is sufficient.

See the masternode setup guide for detailed instructions.

Earnings depend on your tier and network activity:

• Tier 1 (1,000 TIME): ~180 TIME/year (18% APY) = ~$900/year
• Tier 2 (10,000 TIME): ~2,400 TIME/year (24% APY) = ~$12,000/year
• Tier 3 (100,000 TIME): ~30,000 TIME/year (30% APY) = ~$150,000/year

These are estimates based on $5/TIME. Actual earnings vary with network transaction volume and number of active masternodes.

Technically yes, but not recommended. Masternodes require:

• 99%+ uptime (downtime reduces rewards)
• Stable internet connection
• Public IP address
• 24/7 operation

Most operators use VPS hosting ($24-50/month) from providers like:

• DigitalOcean
• Vultr
• AWS
• Linode

Downtime affects your rewards and can result in penalties:

• Short downtime (<1 hour): Missed rewards during downtime
• Extended downtime (>5% in 24 hours): 1% stake penalty
• Prolonged offline (>7 days): Full stake loss

Monitor your masternode with the built-in status tools and set up alerts to maintain uptime.

TIME development follows this timeline:

• Now: Active development, code on GitHub
• Q2 2025: Testnet launch (purchasing available)
• Q3 2025: Security audits and testing
• Q4 2025: Mainnet launch

View the complete development roadmap for detailed milestones and progress tracking. Join our community to stay updated on progress!

Yes! TIME is fully open source under the MIT license.

You can view the code, contribute, and build on TIME:

• GitHub: github.com/time-coin
• Anyone can audit the code
• Community contributions welcome
• Transparent development process

There are many ways to contribute:

• Code: Submit pull requests on GitHub
• Documentation: Improve guides and tutorials
• Testing: Test features and report bugs
• Community: Help others in Discord/Telegram
• Translation: Translate documentation

See the contributing guide for more details.

A bug bounty program is planned for Phase 4 (Month 5) before mainnet launch.

If you discover security vulnerabilities now, please report them responsibly to: security@timecoin.io

Stay updated through:

• GitHub: Code commits and releases
• Discord: Daily development updates
• Twitter: Major announcements
• Blog: Technical deep-dives
• Telegram: Community discussions