What is Tectum?
Tectum is a blockchain solution that aims to solve the long wait times and high fees experienced with most other blockchains. It operates on three layers: a dynamic layer, a static layer, and a distributed ledger technology (DLT) layer. This allows for fast transactions without compromising security or decentralization.
Key Points:
- Tectum was created by CrispMind, a cyber security company, in 2013.
- The team initially focused on selling cyber security services and products to businesses, but later developed a fast blockchain with instant immutability.
- The team evaluated the crypto space and realized that the industry needed a faster Layer 1 solution and a scalable Layer 2 solution.
- Tectum operates at 1.3 million transactions per second and solves the issues of long wait times and high fees.
- The blockchain has three layers to ensure speed and fees are not compromised.
- The softnote feature allows for instant and fee-free micro-transactions, making cryptocurrencies more scalable and accessible.
- Tectum also offers off-wallet mode, enabling users to send cryptocurrency on messaging platforms like WhatsApp and Telegram.
Hot Take:
Tectum is an innovative blockchain solution that addresses the scalability and cost issues faced by many other blockchains. With its fast transaction speeds, multi-layer approach, and features like softnote and off-wallet mode, Tectum has the potential to revolutionize the cryptocurrency industry and drive mass adoption. By combining the benefits of speed, security, and decentralization, Tectum offers a promising solution for the future of blockchain technology.
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