SoftNote is a new cryptocurrency that has the potential to help society and solve most of the problems of traditional crytpocurrency. It includes a myriad of different features that together can be used to change the crypto world and how we use it.
More secure and efficient payments
SoftNote uses a new T12 protocol which is more scalable and efficient thatn other blockchain transaction methods henceforth, SoftNote can process more transactions per second which makes it a much better option for both businesses and individuals. It is a quantum key distribution (QKD) protocol that is much more optimized than other protocols. The T12 protocol was first theorized by Xu et al. It has been demonstrated to have the highest secure key rates of any other protocol for now. It is based on the widely used BB84 protocol but has made impressive efficiency improvements such as:
Using a longer modulation time: The modulation time is the time it takes to emit a single quantum pulse and the T12 protocol uses a longer modulation time which allows it to achieve higher secure rates.
Implementing Decoy States: Decoy states are a method implemented to estimate the error rate of a quantum channel more accurately which allows it to achieve much higher secure key rates.
Eliminating polarization compensation: Polarization compensation is a technique that is implemented to correct for imperfections in the polarization of the quantum channel but the T12 protocol does not require this which then makes it more practical.
Enables the creation of innovative applications
The T12 protocol is designed to be more programmable than other blockchains protocols so develepors can create much more complex applications and services on the SoftNote network which could lead to new and innovative blockchain technology that could create a new crypto ecosystem. The more programmable infrastructure can also lead to more developers utilising the T12 protocol and could lower the barrier of expertise needed to create new blockchain based applications.
Financial Inclusion
The SoftNote wallets are designed to be more easy to use for people in every corner of the world. Sending and receiving money can be much more easier even if people don't have any access to normal banks.
Overall, SoftNote has the potential to be a much more valuable tool to society than it seems. It can be used to make payments much more secure, create new applications and services and it is also more energy efficient as it is not as susceptible to Proof Of Work blockchains and has less of a chance to be centralized which makes it a much more democratic option.