It all starts in the early 1980s, in the naval domain and more specifically in submarines. To overcome emergencies, management software systems must be redundant, self-repairing and decentralized-what better situation to use distributed ledgers?
This was the training ground, so when blockchain was born in 2009, the Tectum team was faced with much more developed knowledge than others within the nascent community.
After Alex Guseff acquired the intellectual property of the submarine software projects, the Tectum project had "easy life" in that it was not starting from scratch at all!
The prerogatives of this network are 4:
- Transaction speed: the first of the four features of this blockchain is transaction speed since the validation method is not PoW, so it does not create a "Clustering" of transactions; that is, it does not create a queue of transactions to then all be returned to the reference block once the miner has given a solution to the problem.
In this way a transaction can wait as long as 10 minutes before it is validated. The purpose therefore of Tectum is to have one transaction per block.
A funnel is prevented and transactions can flow smoothly within the network consistently without interruption.
- Network Mapping: Another challenge that Tectum solves excellently is the redundancy of confirmations required by the Bitcoin network.
The BTC network needs 6 confirmations before making the block valid and the confirmation is done by transmitting the transaction from the validator node to external ones, creating an additional "Clustering" effect with pending transactions.
The Tectum network, on the other hand, has a rigid node mapping created by an elected node every network cycle (about 200 milliseconds) that clearly and uniquely imparts the instruction of which peer node is closest. By adopting this system, the redundancies of the 6 comnferms are nullified, further increasing the speed of the network itself.
- Network Protocol: This proprietary system allows a higher amount of data to be transmitted. It involves imparting instructions to nodes to reconstruct the next block by means of the previous block, rather than sending raw data that then has to be reprocessed.
With this protocol from a 4-digit integer you can recreate an 11-digit number!
Brilliant, but I will discuss this in a dedicated article, as the topic is very complex.
- NoSQL search engine: This built-in search engine allows a distributed amount of data to be split and stored, and subsequent querying is much faster and more direct than with a traditional relational database.
After a brief introduction about Tectum technology, which is the blockchain that underpins SoftNotes, I explain the genius behind this innovation.
SoftNotes the alter ego of BTC wallets.
As per the title, SoftNotes represent digital bills that represent the property of Bitcoin wallets and comnserve within them access to Bitcoin; which means they are visible to any explorer of the Bitcoin blockchain!
SoftNotes, preserves the security and decentralization of Bitcoin and the speed of the Tectum blockchain.
With these prerogatives, we can transfer $Bitcoin almost instantly and without network fees!
Basically the solution to the trilemma!
But let's go deeper to see how SoftNotes works.
First, we must specify that SoftNotes, is not an L2, so it has nothing to do with the Lightning Network; therefore, all the possible attackable flaws are not there.
SoftNotes adds a layer of privacy to Bitcoin because transactions do not have to be ultimately settled on the main BTC chain and do not involve Lightning watchtower nodes.
Softnotes eliminates L2's traditional batch methodology, and replaces it with an approach that involves the transfer of ownership of Bitcoin wallets; this can be done quietly without the need for an Internet connection.
Cryptographic finality can occur at a later time when an internet connection is again available.
Let us see in detail
A SoftNote is a bearer instrument that represents ownership of a BTC wallet address or a certain amount of cash deposited within an address.
Now, suppose we want to send a certain amount of coins to another address, all we do is fill out a SoftNote and deliver it to the Tectum blockchain.
All the software does is create a QR code and a 6-digit pin and email it to the receiver. The receiver enters the pin into the SoftNote platform and confirms the new ownership; at this point the platform will create a new random pin known only to both actors.
As you can easily guess, this operation is Off-Chain, so it is completely instantaneous and anonymous.
This means that Bitcoin can be used in P2P mode just by moving property off the main chain, accelerating its processing speed to virtually unlimited capacity.
Basically, SoftNotes' innovation is the ability to transfer ownership from one user to another; all without the need for the Internet.
Really a very interesting and ingenious project.
Yes, it is right to go deeper, so expect more articles!!!
