Another day, another blockchain technology that is becoming increasingly competitive, especially with the growing need for speed in transaction processing and scalability. It is these two elements that Tectum has recently stepped up and wants to affirm its position in this competitive landscape.
Problems Crypto Users Face with Bitcoin and Ethereum
We all know the familiar drawbacks that can accompany our digital transactions; high fees and slow processing times can undermine the benefits of using cryptocurrencies like Bitcoin and Ethereum. Many layer two solutions want to solve the same core question. There are new projects that want to rebuild from scratch.
What is Tectum?
Tectum calls itself the world’s fastest blockchain with a high-velocity distributed ledger that underpins its future superconductive digital financial ecosystem. It introduces a suite of features designed to put an emphasis on speed and efficiency.
Tectum’s Underlying Technology
Tectum employs an innovative hash drive, a proprietary record change, and signature management technology. This platform is capable of processing over one million transactions per second. It also facilitates instantaneous updates of event status and ownership across the network while providing varying access levels to its functional system modules.
Fastest Blockchain
It’s important to recognize that the landscape of blockchain technology is constantly evolving, and many projects profile themselves as the fastest blockchain. But remember what exactly blockchains are.
Also, current speed metrics are not definitive and can change over time as new blockchain products emerge and existing ones enhance their technology. But while Tectum is at the forefront today, the field remains competitive.
Ideal for High-Volume Applications
Tectum’s unique selling point is its blistering speed, a result of the blockchain’s tri-tiered node structure. The master node is tasked with managing the bulk of data, while an upper tier handles communication through hashes. This structure makes Tectum particularly well-suited for lightweight applications that require a high volume of record-keeping.
What is Tectums Native token – TET?
Tectum has its own native token, TET, and its layer-1 blockchain featuring a unique T12 token standard. To enhance token trading, Tectum offers TET tokens on Ethereum (ERC20) and Binance Smart Chain (BEP20) networks.
Tectum’s Tri-Bridge
What is also an interesting feature of Tectum is their Tri-Bridge system that facilitates the core idea of having a fixed mint of 10 million tokens across T12, ERC20, and BEP20 networks, with initial distribution across these platforms.
The Tri-Bridge system guarantees that token migration processes are completely visible, keeping token supply verifiable and transparent.
Tectum’s dynamic interplay of locking and unlocking tokens between networks presents a transparent method that guarantees the fixed token supply of 10 million, fostering trust in the community.
Where Can You Find More Information About Tectum?
For those interested in keeping up with Tectum’s advancements and connecting with its community, the Tectum Telegram Channel is the primary source for updates and discussions.
Conclusion
Tectum’s bold claim of being the fastest blockchain is good to hear, but what matters in crypto is people using your blockchain. So if this is going to be the case remains yet to be seen. As Tectum tries to pivot and handle its day in the spotlight, it maintains its dedication to impacting the future of crypto.
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