Blockchain
Tectum Announces Mobile App Release, Ivy Tree Consensus, and Public Blockchain TestNet in Latest Roadmap Update
June 23, 2024 3:28 pm EDT | Source: Mkdigiworld
Mahe, Seychelles–(Newsfile Corp. – June 23, 2024) – Tectum, the fastest layer-1 blockchain, is excited to unveil its latest roadmap update, with several new product launches, including the SoftNote mobile app Wallet. This ambitious plan is divided into two phases, overseeing major updates to the network and its applications in both live and testnet modes.
Tectum
The first phase of this roadmap, which will go into effect by September 1, 2024, includes significant updates. Tectum will launch its private blockchain and decentralized ledger, introducing the core validation node consensus protocol similar to Solana’s staking model. Developer-focused features will also be available, including an API to allow developers to connect their Light Node to the private blockchain and access the SoftNote Wallet via standard login methods. These features will allow developers to create, burn, blacklist, send, and transfer ownership of custom tokens. Regardless of the amount sent, transactions through Light Nodes will cost just 0.1% of the transaction value, with a maximum fee paid of $1, subject to joint approval of the Validator Nodes and the originating Light Node.
Another essential highlight is the launch of the SoftNote Wallet mobile app for Android and iOS devices. This application will feature the latest wallet features, including the revamped Mint House section.
In the second phase of the project, Tectum will launch its public Blockchain in Testnet mode. During this time, developers will engage in a hackathon to test various features on the world’s fastest layer-1 blockchain network. Key features available for testing will include the creation and management of custom tokens, as well as the creation, transfer and burning of custom SoftNote invoices. To facilitate this hackathon, Tectum will provide access to the testnet blockchain source code, SDK, API, and TectumCore.exe application.
About Tectum
Tectum is the fastest layer 1 blockchain in the world, reaching a remarkable speed of 3.5 million transactions per second. Leveraging a proof-of-utility consensus mechanism, it ensures seamless transaction processing across trusted nodes. Tectum’s layered transaction processing eliminates traffic congestion and delays while preserving transaction privacy through zero-knowledge proofs.
Tectum’s key products include SoftNote Wallet, an intuitive interface for easy management of digital assets; SoftNote Bills, which facilitate frictionless transactions and improve the utility of Bitcoin; and X-Factor Authenticator, a quantum-proof three-factor authentication protocol for high-level security.
Developed by Crispmind, an expert intellectual property and software development company, Tectum exemplifies a commitment to creating simple solutions for complex challenges. Crispmind’s portfolio spans secure messaging, user authentication, blockchain, distributed ledgers and cryptocurrency, serving both private companies and government institutions. Through innovation and simplicity, Crispmind enables individuals and businesses to thrive in the digital age.
Social connections
For more information, visit Tectum on Facebook, Twitter, Telegram, Youtubeor the official website.
Media contact:
Company Name: Clear mind
Position: Casa Di Francesco, Room 303, Ile Du Port, Mahe, Seychelles
Referent: Andrew Erikashvili, CMO, softnote@support.com
Tectum website URL: Tectum
SoftNote website URL: Soft note
To view the original version of this press release, please visit https://www.newsfilecorp.com/release/213817
SOURCE: Mkdigiworld