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Excellent fast blockchain 2022 by Tectum.io

Top rated fast blockchain in 2022 from Tectum.io? Tectum™ is a distributed ledger protocol platform that employs what’s known as a proprietary record change signature management algorithm. The Tectum Blockchain has the ability to exceed 1 million transactions per second and can provide instant event status delivery and ownership updates across its blockchain network along with differing distributed levels of access to functional system modules. The Tectum blockchain employs a proprietary Proof-of-Utility Consensus and a super-fast Network Protocol, the description of which can be found in our ‘Tectum White Paper’. Its Proof-of-Utility protocol optimizes data distribution, and its Network Protocol enables nodes to distribute and validate over 1 million digital events per second. These functions make Tectum the perfect solution as an “Overlay Network” for numerous blockchain-based payment systems, for example, Bitcoin. When applied, Tectum boosts the circulation of native cryptocurrencies by eliminating transaction fees using what we refer to as the ‘Transactionless Payment System’ – the SoftNote. Find more info at https://tectum.io/.

Blockchain is a decentralized trust-less digital environment regulated by Consensus Protocol which maintains the integrity of the entire system enabling peer-to-peer interaction among its participants (nodes) as well as a hard-defined balance between transparency and anonymity of every digital event (transaction). Consensus Protocol is the backbone of the network as it governs how all the events are managed and issues are resolved, therefore the approval of multiple nodes is required in order to validate each event on the network. The communication between nodes is governed by Network Protocol because nodes are normally located distantly from each other therefore the block-data is subject to all kinds of slowing-down factors. Network Protocol establishes and maintains connections between all the participants of the blockchain and is its most vulnerable components and bottleneck. The drawback of blockchain systems is their strong reliance on the network protocol which limits how fast the entire network of nodes distributed throughout the world gets updated, the situation worsens if the Consensus Protocol policies overload the network with redundant data. This inevitably leads to congestions and high network fees.

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Want to get an inside view of Tectum, the world’s fastest blockchain? Start by viewing real-time transactions in the Tectum Blockchain using our web-based blockchain explorer. This tool allows you to easily search for a specific blockchain transaction, or you can view all recent transactions. Normally, the rule of thumb for a blockchain is that the greater the security, the slower it is. Conversely, if you want a fast blockchain, you’re going to have security issues, because everything comes with a cost.

TET solves the problem of crypto usability by becoming a universal store of value that allows Peer to Peer (P2P) and retail transactions on a real-time, secure and fee-free environment, all while allowing fair and easy access to KYC and developing regions. This utility encourages mass adoption, financial independence, and personal control to any user worldwide. When partner priorities are established, TET can be exchanged for a SoftNote(s) minting license or used to buy the Tectum Coin at its collateral value, regardless of its current utility value. Discover even more details on Tectum blockchain.