Tectum rises as a trusted competitor in the layer-1 blockchain space. Driven to deliver fast transactions and be the fastest blockchain for all industries, Tectum offers two reliable and secure solutions on its chain to realize its goal. In particular, Tectum aims to be the world’s fastest blockchain powering the superconductive digital financial environment of the future.
This ambitious project set out to deliver the promise of all other crypto projects, a mission of completing a large amount of transactions in a short amount of time. Bitcoin, Ethereum, and other projects emerged to revolutionize the space. However, due to security and scalability issues, no crypto blockchain has delivered what Tectum promises.
Tectum: The Fastest Blockchain Processing 3.5 Million TPS
To highlight, Bitcoin processes 7 transactions per second (TPS) while Ethereum processes 25 TPS. Meanwhile, traditional options like Visa can process 24,000 TPS. An impressive feat, yet, still a number that Tectum can beat. Tectum offers 3.5 Million Transactions per second.
What sets Tectum apart from other blockchains is not only its ability to process 3.5 million TPS, but also the consensus mechanism it uses to deliver this feature. The blockchain uses a Proof-of-Utility Consensus making it the perfect solution capable of being an ‘Overlay Network’ for a number of blockchain networks like Bitcoin.
Tectum rises as a trusted competitor in the layer-1 blockchain space. Driven to deliver fast transactions and be the fastest blockchain for all industries, Tectum offers two reliable and secure solutions on its chain to realize its goal. In particular, Tectum aims to be the world’s fastest blockchain powering the superconductive digital financial environment of the future.
This ambitious project set out to deliver the promise of all other crypto projects, a mission of completing a large amount of transactions in a short amount of time. Bitcoin, Ethereum, and other projects emerged to revolutionize the space. However, due to security and scalability issues, no crypto blockchain has delivered what Tectum promises.
Tectum: The Fastest Blockchain Processing 3.5 Million TPS
To highlight, Bitcoin processes 7 transactions per second (TPS) while Ethereum processes 25 TPS. Meanwhile, traditional options like Visa can process 24,000 TPS. An impressive feat, yet, still a number that Tectum can beat. Tectum offers 3.5 Million Transactions per second.
What sets Tectum apart from other blockchains is not only its ability to process 3.5 million TPS, but also the consensus mechanism it uses to deliver this feature. The blockchain uses a Proof-of-Utility Consensus making it the perfect solution capable of being an ‘Overlay Network’ for a number of blockchain networks like Bitcoin.
Tectum’s innovative approach to delivering a faster blockchain network can be traced to its data storage technology. Instead of storing data directly in the blockchain, Tectum stores hashes that are mapped back to the original data stored at a lower level. This allows the chain to isolate heavy transaction-related data from the main pipeline by hashing, encrypting, and signing the bundles at the end of every transaction and archiving.
Doing so makes the event-related data instantly verifiable and publicly accessible. Tectum also manages to do this with different levels of accessibility provided to different transaction-related modules. This makes Tectum a perfect option for lightweight and high-volume applications like record-keeping for legal, government, and billing purposes.
Tectum Wins the Blockchain Innovation Award
Tectum recently claimed the title for the ‘Best Blockchain Innovation Award’ at the Leaders in Fintech Awards 2024. One of the project’s most popular products is the Tectum SoftNote, a well-rounded payment system solution powered by blockchain technology that delivers high-speed transactions. This innovative payment solution aims to simplify the future.
In detail, the Tectum SoftNote is a popular fintech solution that scales Bitcoin transactions. So far, the Tectum SoftNote has minted a total of 1,742,567 bills and has filled 3,021 bills with liquidity, leading to potential liquidity of $673,210,040 in the SoftNode system.
Besides the Tectum SoftNote, the project offers other capable blockchain solutions like the SoftNote Wallet, SoftNote bills to revive Bitvcoin’s utility, and the X-factor authenticator, offering top-tier security. The Tectum ecosystem is also home to its native crypto token the Tectum Emission Token ($TET).
This review of Tectum and the Tectum SoftNote concludes with a deep understanding of the Tectum blockchain. Its robust and rapid transaction ecosystem is set to revolutionize the crypto space and fullfil what blockchain networks have been promising since the arrival of the Bitcoin network.
FAQs
Tectum is a lightning-fast distributed ledger and is the world’s fastest blockchain-powered network processing 3.5 million transactions per second (TPS).
Tectum SoftNote is a fintech solution that scales Bitcoin transactions reviving the pioneer crypto blockchain.
TET is the native cryptocurrency of the Tectum blockchain known as Tectum Emission Token (TET).
Besides the Tectum SoftNote, Tectum also offers the SoftNote Wallet, SoftNote Bills, and X-Factor Authenticator.
The post Explore Tectum, The Fastest Blockchain for All Industries with 3.5 Million TPS, Is This Network Worth a Closer Look? appeared first on Crypto News Land.
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