Posted by Marie Poppins on August 1, 2022 in Technology
High quality fast blockchain right now from Tectum.io? Are you tired of long delays and expensive Bitcoin transaction fees? The Tectum wallet allows you to instantly transfer and convert Bitcoin and other cryptocurrencies at a small fraction of the cost of conventional networks. This makes it optimal for online currency transfers and retail payments. The Tectum wallet provides a truly instant, low-cost, and highly secure payment service whilst avoiding the use of unnecessary derivative currency stores of value and supplementary liquidity contracts. Such is facilitated by the formidable foundation of the ultra-high-speed Tectum blockchain. See more information at fast blockchain.
“We are happy to announce that we have reached the soft cap of TET 2,500,000,” adds Tectum CEO Alex Guseff. “The community’s support has been incredible, and we’ll be announcing more project updates soon. This is great news not only for us, but also for our community and everyone involved.“ In addition to meeting its Soft Cap goal, the company will accelerate development of the Tectum Softnote as the next phase in its strategy. Tectum has achieved some outstanding early results, and the company’s leadership believes that this is just the beginning of the project’s future success. During stage one, the team sold 2,5 million tokens at $1 each. Round two have 500 000 TET for purchase at $2. It’s critical to jump in as soon as possible, as the current Soft Cap of $500 000 TET will run out quickly.
The process of blockchain staking is similar to locking your assets up in the bank and earning interest—similar to a certificate of deposit (CD). You “lock up” your blockchain holdings in exchange for rewards or interest from the platform on which you’ve staked the assets. Many exchanges and platforms offer staking, with both centralized and decentralized options. You can even stake blockchain from some hardware wallets. The lowest risk option for staking would be to stake stablecoins. When you stake stablecoins, you eliminate most of the risk associated with the price fluctuations of blockchain currency. Also, if possible, avoid lockup periods when staking.
That’s not the case for Tectum, however, because we’ve separated the levels of data into multiple tiers. The mechanism of isolating the system event formalization process from big-data leading to the main-net unprecedented throughput capabilities is our value proposition. The event hashing process is run on top of a database in order to enable faster retrieval of data items, and works as an upper functional layer to keep the main-net pipeline free from heavy data processing.
Users of the Tectum network can save up to 99 percent on fees when transferring Bitcoin and other cryptocurrencies, and over 75 percent on fees when utilising SoftNote – a utility value that significantly outweighs that of other crypto-initiatives. Once you have your TET, you have the options of holding it, trading it, redeeming it, minting SoftNotes and providing liquidity, or filling the liquidity of others’ SoftNotes through the platform. Softnote Minting License expected return varies between 10-20% per month based on it’s initial presale price of $2 per bill. Read even more details on Tectum.