There are two types of crypto projects. There are the overrated ones that lack use cases, such as hyped meme coins, and then there are those underrated projects that aim to solve one or more problems. One of those underrated projects with actual use cases may be Tectum SoftNote.
Let me explain what Tectum Softnote is and what blockchain immanent problems it aims to solve.
What Is The Tectum SoftNote?
Tectum SoftNote is the superior scaling solution for Bitcoin and other blockchains, avoiding the pitfalls of the Bitcoin Lightning Network as well as other blockchains. It can also be printed out on a piece of paper.
The SoftNote is a Layer 2 solution that sits on top of the Tectum Layer 1 Blockchain. Tectum Layer 1 claims to be the world's fastest blockchain, processing transactions at 1.3 million TPS.
What Are The Benefits of Tectum SoftNote?
When I had no clue about cryptocurrencies, I thought crypto payments were instant, trustless, anonymous, and decentralized. Well, that was a long time ago. I quickly realized that cryptocurrencies such are neither instant, trustless, anonymous, nor decentralized.
The problems of security, scalability, and lack of decentralization are also known as the "blockchain trilemma".
I don't want to get too technical at this point and I will try to keep it as simple as possible. Important is that you understand the benefits of Tectum SoftNote and how to make good use of them.
SoftNote tries to reduce transaction costs to zero by using a special digital environment technology, making transactions instant at close to zero costs. It is also anonymous as you can not track transactions simply by typing in the address in a blockchain explorer.
If you want to take advantage of the benefits of the Tectum Softnote then all you need to do is get your SoftNote Wallet from here.
My Final Conclusion
I hope that I have provided you with useful and interesting about Tectum SoftNote, one of the most underrated projects in crypto right now that actually aims to solve blockchain immanent problems.
Please note that this post is also my entry to the SoftNote writing competition that running here on Publish0x. However, let me assure you that my post reflects my own opinion. Please keep this in mind and note that the post I am sharing is not intended to be taken as financial advice. I may look smart in my profile pic but I am not your financial sensei.
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