![]() ![]() Not only that, the platform provides security, immutability and decentralization as it is a smart contract built on Tectum’s Blockchain. Softnote allows users to own their Bitcoin, as it is liquid and it is possible to redeem it and transfer it to one’s BTC wallet. The Tectum smart contract and TET presale Thus, a zero-fee, instantaneous transaction with total privacy. The user-to-user transfer can be done physically or electronically via email, chat, social media and is not recorded on Bitcoin’s blockchain. In this way, the Softnote can literally be printed on paper and given to another user with the associated pin. In practice, ownership of the wallet is tied to the Softnote and can be transferred from user to user via the QR code or the Softnote number paired with a six-digit pin. It is a bit like combining cryptocurrencies and paper money in a way that allows for transactionless payments while maintaining the physical support of “cash” under the trusted layer of the blockchain. Softnote is defined as a bearer instrument that represents ownership of a Bitcoin wallet. ![]() “Announcement!: TET Presale is live now!” Softnote: what the innovative solution is and how it works ( )Step-by-step Guide □ ( ) #presale #presalecoins #livepresale #buycrypto /xvem8BxDzc That is why Softnote is presented as a revolutionary way of thinking about cryptocurrencies, capable of processing more than 1 million TPS of BTC by addressing the network scaling problem, while also making transactions instantaneous, with zero fees and total privacy.ĭeveloped on Tectum’s Blockchain, Softnotes are minted using Tectum’s native token (TET) – which is running a presale open to the community that was launched this October. To date, it can only process transactions at about 7 TPS, an inadequate number to be the financial foundation of a global financial system. Indeed, in the “blockchain trilemma” first coined by Vitalik Buterin, the three basic principles of decentralization, scalability, and security need an inherent trade-off to occur simultaneously.Īt present, the Bitcoin blockchain, while it meets the concept of decentralization and security, lacks scalability. Softnote is a new tool built on Tectum ‘s Blockchain that aims to solve the problem of scaling Bitcoin (BTC) transactions. Softnote: Bitcoin scaling solution built on Tectum’s blockchain The limitations of the various BTC scaling solutions in the market.The Tectum smart contract and TET presale.Softnote: what the innovative solution is and how it works.Softnote: Bitcoin scaling solution built on Tectum’s blockchain. ![]()
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