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What sets TECTUM apart and gives it the tag of "the fastest blockchain" is its impressive transaction processing speed.
Author: ourcryptotalk.com
Are you ready to explore a groundbreaking layer-one blockchain and payment solution in the crypto space? In this article, we’ll delve into the exciting world of TECTUM ($TET), an innovative project that is rapidly gaining attention. TECTUM is currently valued at a market cap of $50 million, with 50% supply in circulation. Launched earlier this year, it has quickly made its presence felt on various centralized exchanges like Mexc , BitMart, and BiteX, as well as the decentralized exchange Uniswap.
Unlike platforms built on Ethereum, Solana, Cardano, or the Binance Smart Chain, TECTUM stands out as a layer-one blockchain designed exclusively for finance. Its focus on financial transactions differentiates it from blockchains catering to gaming or the metaverse.
What sets TECTUM apart and gives it the tag of “the fastest blockchain” is its impressive transaction processing speed. It currently boasts around 1.2 million transactions per second (TPS). To put this into perspective, compare it to other well-known blockchains: Ethereum offers 25 TPS, Ripple offers 1,500 TPS, Avalanche offers 4,500 TPS, and Phantom offers 300,000 TPS. TECTUM’s 1 million TPS makes it a clear frontrunner in terms of transaction speed.
While the TECTUM blockchain is impressive, what truly excites enthusiasts is the innovative payment solution built on it – the TECTUM SoftNote.
SoftNote is a high-speed transaction payment system that operates through minted NFTs. Here’s a simple breakdown of how it works: users mint an NFT, fill it with liquidity, send it to another user, who can then extract the liquidity. What makes this process truly unique is the ability to transact not only digitally but also physically. Printing the SoftNote as a bill allows for physical transactions, introducing an internet-independent aspect to crypto transactions.
TECTUM SoftNote aims to scale various blockchains and currently supports major cryptocurrencies such as Bitcoin, Litecoin, Ethereum, and USDT. The roadmap indicates plans to expand this list further. What’s noteworthy is the ability to transact these cryptocurrencies anonymously. This addresses a significant demand, especially considering the success of privacy-focused assets like Monero in previous market cycles.
Another intriguing aspect of the SoftNote system is the opportunity to earn transaction fees. The individual who mints the SoftNote receives transaction fees when it is later transacted. This adds an earning element to the already multifaceted TECTUM ecosystem.
In a departure from the norm, TECTUM has a unique fee structure. The sender of the SoftNote incurs no fees; instead, it’s the recipient who bears the transaction costs. This feeless approach adds to TECTUM’s appeal, making it an attractive option for users looking to minimize transaction expenses.
Beyond the SoftNote, TECTUM introduces another innovative aspect – the TECTUM XFA (Multi-Factor Authentication). This system goes beyond traditional two-factor authentication by incorporating four factors: something you know (password), something you have (device), something you are (biometrics), and user inputs. This enhances the security of transactions on the TECTUM blockchain.
A glance at the TECTUM roadmap reveals exciting developments on the horizon. The SoftNote D-NFT (Decentralized NFT), TECTUM DEX (Decentralized Exchange), TECTUM Launchpad, hardware wallet support, and an ordinal SoftNote are among the features in development. These elements promise to further expand TECTUM’s utility and user base.
Ensuring the credibility of a blockchain project often comes down to its team. TECTUM’s team is not only well-qualified but also KYC verified, instilling an additional layer of trust. Moreover, TECTUM has been in talks with major institutions like AT&T and Starbucks, exploring the potential integration of the SoftNote for crypto payments. This institutional interest underscores TECTUM’s potential for real-world adoption.
Currently valued at $50.1 million in market cap, Fully Diluted Valuation (FDV) is $100 million, considering that approximately 50% of the tokens are yet to enter circulation. By 2026, all TECTUM tokens are expected to be in circulation. Projections for TECTUM’s market cap range from conservative estimates of $2 billion to more ambitious figures.
Predicting the future value involves a combination of factors, given its unique position as a layer-one payment solution. While it lacks direct comparisons in the crypto space, benchmarks from well-known payment solutions like Litecoin and Bitcoin Cash reaching market caps in the tens of billions provide a reference point.
What sets it apart is its equilibrium between hype generation and utility. The SoftNote’s potential to create excitement during bull markets, akin to the enthusiasm surrounding crypto cards, combined with its practical use as a scaling solution for various blockchains, positions TECTUM for sustained growth.
