Excellent fast blockchain right now by Tectum.io? The SoftNote is the flagship product of the Tectum blockchain and is regarded as the first ‘transactionless’ payment system boasting truly instant payment capabilities and a zero-fee policy for an end-user. A Transactionless payment is defined as one which does not involve a recorded transaction on a blockchain. The SoftNote has adopted many traditional ‘physical cash’ elements, for example, a Bitcoin SoftNote bill can be printed on paper, does not require a confirmation from the Bitcoin network, incurs no fees, and has no geographical boundaries. Therefore, the SoftNote can be used as a means of person-to-person payment or sent over any messenger application as a picture file. Unlike physical cash, however, a SoftNote is secured by a passcode rendering it useless to an unauthorised possessor. SoftNotes make it possible to implement traditional ‘Physical Cash’ liberties into a payment procedure by isolating a sender from the recipient as they replace a “transaction” with a ‘handover’ process. See more information on Tectum.
Blockchain is a decentralized trust-less digital environment regulated by Consensus Protocol which maintains the integrity of the entire system enabling peer-to-peer interaction among its participants (nodes) as well as a hard-defined balance between transparency and anonymity of every digital event (transaction). Consensus Protocol is the backbone of the network as it governs how all the events are managed and issues are resolved, therefore the approval of multiple nodes is required in order to validate each event on the network. The communication between nodes is governed by Network Protocol because nodes are normally located distantly from each other therefore the block-data is subject to all kinds of slowing-down factors. Network Protocol establishes and maintains connections between all the participants of the blockchain and is its most vulnerable components and bottleneck. The drawback of blockchain systems is their strong reliance on the network protocol which limits how fast the entire network of nodes distributed throughout the world gets updated, the situation worsens if the Consensus Protocol policies overload the network with redundant data. This inevitably leads to congestions and high network fees.
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.
Want to get an inside view of Tectum, the world’s fastest blockchain? Start by viewing real-time transactions in the Tectum Blockchain using our web-based blockchain explorer. This tool allows you to easily search for a specific blockchain transaction, or you can view all recent transactions. Normally, the rule of thumb for a blockchain is that the greater the security, the slower it is. Conversely, if you want a fast blockchain, you’re going to have security issues, because everything comes with a cost.
TET’s market value can never be smaller that the least valuable Tectum commodity. This exclusive membership represent our commitment to continuously deliver price breaks and other useful tools within our network. Tectum economics utilize our ability to reduce transaction delays which regular cryptocurrency users would otherwise incur using similar services. Our core competency product revolves around a superconductive virtual environment, delivering more speed and savings. Discover more info at Tectum.