Every time I am about to start any piece concerning blockchain or cryptocurrency, a massive amount of information storms my brain, making it impossible to concentrate. That is how each piece of the crypto universe is entangled with each other and a testament to such an amazing enormous world that has been created in a short amount of time.

But one thing is certain, I have always tried to create a modest and understandable article, easy to read for everyone, mostly the people who can’t fathom the tech-savvy language.

Because deep down, I root for the non-digital and unskilled fellow lost in the still-serene land of Bitcoin! Wow! Enough with the poetic and let’s get straight to the main subject, step by step!

We Want it to be Liberated, Vast, Secure, Fast, and, not to mention Inexpensive, But Come on! Can we really have it all?

When Bitcoin began its journey, the goal, as The “Blockchain Trilemma” indicates was: Decentralization, Security, and Scalability, which in simple terms can be translated into a liberated, vast, and secure method for currency handling among people.

Liberated: Decentralization: Let’s not forget, that among those goals, decentralization was the most crucial and still is, one thing that Bitcoin maximalists underline.

Decentralization means we don’t want to rely on a central validation and a shared point of authentication matters (Proof of Work (PoW)).

Vast: Scalability (with a growing number of transactions, a blockchain system must be vast and capable.)

Secure:  About Security (it is safe explanatory), it means we need it to be secure, and safe to work with. A network of money transfers needs a shield against bandit attacks, (a bug-free system).

Blockchain Trilemma explains these three, but when you dig deeper, I came up with two more significant options that pushed the advancement of the crypto realm at a faster pace and made developers and involved geniuses resort to miraculous boosts.

Fast & Inexpensive:

Let's review why speed is important to consider and ease up to the main subject from here:

Because in order to make sure your path of money transfer is secure, you must compromise speed (by creating different encryption layers). Then the size of each block in the blockchain renders your execution and speed even slower, causing unwanted delays.

And after the decentralized liberated money came to life, the problem with speed became even more prominent. Think of it this way, which one is faster? “One centralized authority approves your money transfer and gives a seal of approval to all of them. Or all the people participating in the money exchange must put a seal of approval.” The first of course,

In summary, freedom has a price. So after successfully liberating money transactions away from the clutches of the centralized banking system, the issue of speed remained for future generations to solve.

Layer 1

(the underlying blockchain protocol, the foundation for various decentralized applications (DApps) and services)

Anyway, as with the establishment of decentralized systems, came along some problems. The primary issue with Bitcoin was speed, mostly because of the POW that we described earlier.

In the crypto universe, Bitcoin is the noble knight, The vanguard of the battlefield, but other combatants with less idealistic fighting styles had to emerge, The leader of which was Ethereum.

In short, altcoins created because of chaining (LiteCoin, Bitcoin Cash, Dash) were the results of slight differences of opinion, still spotlighting PoW, but introducing a less time-consuming method for money transfer (through increasing the block's size in their blockchain) than Bitcoin itself.

Then came along Ethereum, defying the Proof of Work (PoW) algorithm altogether, offering the innovative Proof-of-Stake (PoS) mechanism. But the cost of the transaction (gas fees) with Ethereum was still high.

Layer 2

 As the name suggests, Like a villa house compared to apartment floors, in the Layer 2 solution they create secondary infrastructure over the first ones to improve scalability. This attitude makes Layer 2  an “off-chain” in comparison to Layer 1 which still has a “on-chain” network.

When it comes to pros and cons, Layer-1 with on-chain performance is more “secure” and “decentralized”, whereas layer-2, we have a faster and less expensive (less gas fee) form of transaction such as  “Bitcoin's Lighting Network”. Another example is Polygon, which intends to achieve faster and more cost-effective transactions. In that category, OPtimism Mainnet is a Layer-2 blockchain, embarking on the path of fee reduction and speed improvement.

To everyone’s surprise, the Layer 2 solution wasn’t the safe haven either. I’m not about to go into details but introducing complexity to the blockchain ecosystem, the high fraud likelihood, and centralization risks were the concerns at hand, endangering the footing of CRYPTO entirely.

The SoftNote & Tectum

To be more specific, Tectum is a Blockchain technology and SoftNote is a transactionless payment solution created on that Blockchain.

The website explains the use of the Bitcoin node, allowing on-chain (level 1) transfers with low fees and fast transaction times. How they do it is still lost on me, but their motto of (a little to zero transfer fee, while crowning Bitcoin as “the scalable global cash system” we all dream of,)  is more like a fairy tale.

 As for The Tectum Technology, let me quote their own explanation:

Tectum™ is a distributed ledger protocol managing platform that employs the proprietary record change signature management algorithm – HashDrive™. bandwidth between the nodes. Instead of storing the data directly in the blockchain, Tectum stores hashes that are mapped back to the original data stored at a lower level.

Tectum Token

Tectum Emission Token ($TET), the T12 token is the native token of the blockchain with a 10 million total supply. The presented Token can mint softnotes, to pay reduced merchant fees, used to mint T12-20 token standard project tokens, and access to other Tectum/CrispMind products.

Their wallet is called Tectum Enumeration Coin (TEC), and with the combination of TET, TEC plus SoftNote Minting License, SoftNote, Telegram Bot (@SoftNotebot), and Mobile App, a complete set of tools are created for users to easily work with Cryptocurrency, NFTs, and digital contracts with minimal risk and improved speed.

 The promised land with TET is becoming a valuable asset around the world, making Peer-to-peer (P2P) and retail transactions in real-time possible, with no fee and utmost security.

The SoftNote & Tectum | What Is Most Impressive?

Higher Transaction Speed (something of a legendary!)

The project has estimated a transaction speed of over 1 million TPS (transactions per second), which surpasses other latest blockchains and even centralized systems such as Visa, Ripple, or SWIFT.

The most emphasized in this project is super speed, which has now become one of the major challenges that decentralization faces. Thus, when someone talks a big talk of increasing speed, we quickly (No pun intended) worry they have compromised decentralization, and visa versa or they’re scamming us (To be honest!)

The Tectum Blockchain is advertised as "The World's Fastest Blockchain", or “The Fastest Blockchain for All Industries” and yet we had a private chat among friends and someone blurted out, it is just a sidechain!

I guess we just have to dig deeper, wait and see and most of all, be open-minded. Right now our minds are tainted with the failed similar attempts in the crypto industry such as Zilliqa, Tron, Elrond, etc., but never forget, there was a time when Bitcoin was born and most of us dismissed the now worldwide famous digital currency at the time.

What Do I Really Think?

• I like the innovation behind the project investing in an old-fashioned concept. As those zoologists learned about antenna from the insect's tentacles, the notion of using handovers in exchange for Bitcoin is like substituting checks for cash, and that can actually work.

• When I decide to evaluate a project, I first visit their site, then I check the "creative team" and "roadmap". Here, the results are satisfactory so far, and the individuals and companies involved seem encouraging. However, it is up to everyone to do their own research and we can’t promote a platform so easily from afar (Disclaimer, here we go!)

• On that note, the Tectum SoftNote can also be a promising investment opportunity. according to the team of creators, they expect to make $48 million from the ATM market, $850 million from the crypto-related advertising market, and $8.5 billion from retail payment fees in only 5 years. They have several financing proposals, which can be as simple as purchasing the Tectum (TEC) token or, live staking opportunities and fundraising.

• Now Here's the real kicker. With their cutting-edge "HashDrive" technology, a massive amount of storage is available, dependent solely on the size of driver space for the chain's decentralized nodes, not the block.

• This latest technology is also greener and less energy-consuming, with only keeping the Data Hash on the Blockchain ledger.

• Last but not least, is the idea of using Bitcoin for micro-transactions which has been an impossible mission so far, with the high fee and blah blah. The Tectum SoftNote has guaranteed low-cost transactions, which has been called “$BTC's fastest scaling solution”

Last Word

I'm not saying this project’s to the moon or anything, but the fundamentals are solid and assuring.

Don’t dismiss good and innovative ideas just because you had some bad experiences and disappointments in the past.

And Finally, I say walk cautiously, But walk!