SoftNote by Tectum - Fastest Blockchain For All Industries... Or There's An Impostor Among Us?
"The Fastest Blockchain for All Industries" v "That is NGMI! That will be yet another federated sidechain!"
The Tectum Blockchain is promoted as "The Fastest Blockchain for All Industries" by the creators, but the first person I casually chatted thought that this will be "yet another federated sidechain!". Is Tectum techonlogy as fast as they want us to believe or we have an impostor among us?
Tectum was developed by Crispmind, a Chicago-based software development firm with decades of combined experience and a focus on quality, cost-effectiveness, and customer ease of use. They leverage the expertise of a top-notch team of international developers who have created breakthrough software platforms for secure messaging, user-authentication, blockchain and distributed ledgers, cryptocurrency, and much more.
Crispmind solutions helped key clients ranging from government organizations to individual customers with the highest levels of quality, reliability and cost-effectiveness. Innovation drives achievement....
Tectum aims to be the world’s fastest blockchain... a lightning-fast distributed ledger powering the superconductive digital financial environment of the future. Softnote was created as a tool that creates digital cash and unlimited scale for any blockchain. The users can accept and use crypto, and earn rewards from casual transactions.
What makes Tactum the worlds fastest blockchain without sharding? No idea! What makes Softnote a trustless instant and free transaction of Bitcoin and Crypto? We'll have a deep dive and draw conclusions later!
Tectum is new emerging blockchain with stunning capacity of 1.3 Millions transactions per second, providing the solutions of integration, scalability and transfers through its latest technology of Softnote. Heard that with Tron, Elrond, Zilliqa and many more ... and none delivered THE SOLUTION.
The Tectum vision is to create a trustless, decentralized and frictionless monetary system implementing the concept of 'equal opportunity'. Considering the Bitcoin total supply... can it be an equal opportunity?
Tectum is owned and run by the CyberSecurity company who were the creators of the first ever quantum-proof 3 Factor Authentication and Grig messenger and many other B2B products. CrispMind holds over 50 patents and other forms of intellectual property in information security, distributed ledger protocol, online messaging, and cryptocurrency.
Does Tectum has tokenomics for rocket scientists? The native token of the blockchain is $TET, a T12 token that operates at 1.3 million transactions. The total supply is 10,000,000 $TET and up to 15% were allocated to private sales. Another 8% of the supply was allocated for public sales, both batches vesting over 10 months.
TET can be used for minting softnotes, paying reduced merchant fees, used to mint T12-20 token standard project tokens, node staking, access to other Tectum/CrispMind products, and even access to Pre Seed incubated projects.
Tectum Emission Token ($TET) can be found as wrapped as ERC20 and BEP-20 tokens, with all the functionality of TET T12 and available on a 1 to 1 exchange basis on other chains.
The roadmap is simple, from the deployment of the Blockchain Testnet to the Blockchain MainNet. DEX listing? Yes! CEX listing? YES! Community expansion, strategic partnerships and TET staking soon to follow!
The softnote marketplace will bring burning mechanics, incubation, launchpad, the SoftNote (TET) airdrop 2 and merchant affiliate program. More alpha? SoftNote App and Bitcoin Ordinals SoftNote planned for 2024!
So.... Tectum is the blockchain and SoftNote is the payment solution. PayPal but with crypto... that tool that helps people and businesses to make payments using cryptocurrency. Sounds familiar? I am seeing this every month.... at the same rate as "Ethereum Killer", "the new Dogecoin", and similar stuff.
Do we need a new blockchain and what Tactum can do better than others? You can create a QR code with a set crypto amount, and then send it pay for a service. Well I can do that on my Bitcoin.Com wallet and send it faster and cheaper!
What else? The receiver sends the QR code to the sender, who scans it and adds the crypto amount! The sender then adds his biometric authentication and send back to originator. The softnote is unlocked and the crypto is added to the wallet. No one can alter the transaction, no one can track the transaction, no one can see their! Sounds cool but this tools are widely available on so many chains.
SoftNote aims to give instant transactions delivery and a simple transactional process. The softnote is encrypted device 2 device, where no other party can trace it's data.
OK... let's give it a try! I created my SoftNote account and used my google account. Well... this is not web3 or privacy resistant. What stops my personal details from being leaked from the SoftNote database? The data will be on the Tectum blockchain, and all that it needs to be done is to link that data with someone's Google account. What if this data is requested by financial or governmental organizations?
The dashboard is how I like it, slick and with only few buttons. You can get your $TET tokens, mint or pay, plus some tools that will help merchants onboard crypto-payments into their business.
Not saying this could turn into a successful story, but since 2015 I seen many projects rise and die. The Cryptoverse has no mercy and will never wait for blockchains or protocol to find the perfect recipe. Some still believe that projects like Pi will make them rich!
Mint House is the place where the soft notes can be minted, fillet and burned. Will this work as The Lightning Network and both the sender and the recipient will have to be online to transfer fast and free?
The Lightning Network is the off-chain, layered payment protocol that operates bidirectional payment channels which allows instantaneous transfer with instant reconciliation. It enables private, high volume and trustless transactions between any two parties, but requires both to be "online" when the transaction happens.
Let's tl;dr everything for a conclusion! Softnote is not a token ... Softnote is a service that lowers the entry level for crypto wallet users. Anyone can perform any transaction with zero fee.
How does it work? Bitcoin holders or any crypto holders can send and receive assets by any Blockchain and in any wallet. Sounds hard to to believe! SoftNote is pro ownership, stability, security and privacy but how will user send or receive Bitcoin without showing any identity. QR codes and passcode are key in all transactions which making it more effective and efficient.
SoftNote brings a proceeding of transaction with more secure coding system. All the transactions done by softnote are completed by QR codes only. It may be that the era of seed phrases, mutual connectivity of D2D , long crypto addresses has ended!
We will try to figure out if Softnote is that efficient, same if Tactum is the fastest blockchain! Lightning network was not the tool that made BTC accessible for everyone so maybe we have another impostor hiding among us!
Softnote links and socials: