Meanwhile, it is not just about claiming that our Tectum incorporated all the essential blockchain principles. We will prove it and outline the measures our network employs to achieve this feat.
The Blockchain Trilemma
Before pointing out measures Tectum utilizes to ensure the principles of blockchain, we have first to understand these tenets of this technology. So, what exactly is the trilemma of blockchain? Well, these are three challenges blockchain developers encounter when creating a decentralized network. Most times, these startups are forced to forgo one or more of them in order to develop a working product.
Below are the factors that constitute the blockchain trilemma:
- Security: Blockchains must be very secure and prevent any form of access from unwanted third parties.
- Scalability: Blockchains must be able to support a significant number of transactions without hiking transaction fees or experiencing network failure.
- Decentralization: Blockchains should not be controlled by a central entity. Instead, powers should be distributed in a network where everyone is an equal participant.
How Tectum Blockchain Solves the Trilemma
Tectum is one of the few blockchains to have solved the trilemma. The team employed the following measures to solve each challenge:
- Scalability: Tectum can complete more than 1 million transactions per second. This is because the network uses an ever-open pipeline. Most other blockchains initiate and close a bitcoin payment or other transactions, which tends to clog up servers when there is a traffic spike.
- Security: Tectum hides user data and their account information from third parties. This means that people can transact anonymously on the network. Cybercriminals cannot hack what they do not know.
- Decentralization: Tectum Blockchain is offering more public nodes to specific individuals. Furthermore, our network uses the proof of utility mechanism as the consensus for selecting nodes for completing transactions. In this regard, the process is very democratic, and no one has the upper hand in terms of approval.
Tectum Blockchain: Scaling Blockchain Without Compromising Its Principles
At Tectum, we understand that it takes more than just meeting the basic blockchain principles to be a top solution. Instead of doing the bare minimum, the team scales beyond what is currently obtainable. For example, the fastest blockchain besides the T12 network can only complete three hundred thousand (300,000) transactions per second. We came along and shattered that record.
However, it was not just by scaling the current solution, but how we were able to accomplish the feat. Most blockchains work like a passage with two doors. The sender initiates the transaction by opening the door while the receiver completes it to close the door.
Instead, the T12 protocol creates an open passage where people do not have to initiate or close transactions. This system simply acts as a clear passage through which data can be sent or received. Utilizing the procedure helps Tectum cut down on its energy consumption and enables people to send and receive tokens free of charge.
For developers interested in incorporating the fastest blockchain or building on it, our Developer API documentation is now live. Interested exchanges and other Web3 companies that want to learn how to integrate SoftNote and its capabilities can go through that document.
