Tectum

$0.3531
1.4%(24h)Today
1.4%
30 Days
40.3%
Price Change (24h)
$0.005012

Today
1.4%
30 Days
40.3%
Price Change (24h)
$0.005012
The live price of Tectum is $0.3531 per TET/USD, +1.44% in the last 24 hours. It has a market cap of $2.73M and $70.12K in trading volume over the same period. Prices are averaged across every exchange we track and update continuously. TET has a circulating supply of 9.93M.
Current price
$0.353124h high
$0.359224h low
$0.336324h
+1.44%7d
+13.87%30d change
+40.34%Rank
#2118
By market cap
Market Cap
$2.73M
24h Volume
$70.12K
Across 2 exchanges
FDV
$3.53M
If all tokens were issued
Circulating Supply
9.93M TET
99.3% of max supply issued
Total Supply
10M TET
Max Supply
10M TET
Listed on
2 exchanges
Tectum is available on 2 exchanges. Prices shown are live.
| Exchange | Pair | Volume | Trade |
|---|---|---|---|
| MEXC | TETUSDT | $64.02K | Buy TET on MEXC |
| Gate | TET_USDT | $2.77K | Buy TET on Gate |
Price: $0.3531 — Price Source: 2 exchanges
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Tectum (TET) is a blockchain platform that claims to be the fastest in the world, with a processing speed of 1.38 million transactions per second. This is achieved through its unique Proof-of-Utility (PoU) consensus mechanism and a high-speed network protocol. Unlike traditional blockchains such as Bitcoin and Ethereum, Tectum is designed for high-volume and rapid distributed ledger activities, making it suitable for financial transactions and real-time digital record-keeping. The platform also features a proprietary record change signature management algorithm to handle large amounts of data efficiently. Tectum's applications extend to IoT devices due to its adaptability and security. A notable innovation is SoftNote, a payment system that enables instant transactions without fees for end users.
Tectum's technology is centered around its proprietary Proof-of-Utility (PoU) consensus mechanism, which differs from common Proof-of-Work or Proof-of-Stake systems. This PoU protocol optimizes data distribution across the network, allowing Tectum to achieve extremely high transaction speeds. For comparison, Bitcoin processes around 4.6 to 7 TPS and Ethereum 12 to 25 TPS, while Tectum can handle over 1.38 million TPS at peak performance, making it the fastest blockchain globally. Security is ensured through sophisticated data storage methods involving hashing, encryption, and signing, which protect the network from malicious attacks. The record change signature management algorithm further enhances security and efficiency.
Tectum's high speed and efficiency make it suitable for various real-world applications. Primarily, it is used for financial transaction processing, offering lightning-fast and low-cost payments. Its flagship product, SoftNote, provides a transactionless payment system with instant payments and zero fees, ideal for person-to-person transactions and digital cash. Tectum is also applicable in record-keeping and notarization, ensuring immutable and secure storage of documents. This is crucial for industries requiring tamper-proof record management. Additionally, Tectum's adaptability makes it relevant for IoT devices, where secure and fast data handling is essential.
Tectum has achieved significant milestones, including being recognized as the Best Blockchain Innovation at the Leaders in Fintech Awards 2024. This accolade highlights its pioneering contributions to blockchain technology. Additionally, Tectum has been listed on various cryptocurrency exchanges, increasing accessibility and liquidity for its TET token. These listings are part of its strategy to expand its reach and adoption. The platform's technological advancements, such as its high-speed processing and PoU consensus, have also been key events, positioning it as a leader in the blockchain space.
Tectum was founded by Alexander Gusev, Sadaf Jadran, Thomas Nitschke, and Gumar Kadyrov. Each founder brings unique expertise to the development of Tectum and its flagship product, SoftNote. While specific details about their backgrounds are limited, their collective vision has driven Tectum to the forefront of blockchain innovation, offering a secure and adaptable platform capable of processing 1.38 million transactions per second.
Tectum (TET) is a blockchain platform that reports a transaction processing capacity of up to 1.38 million transactions per second, a figure it claims makes it the fastest blockchain currently in operation. This performance is attributed to its proprietary Proof-of-Utility (PoU) consensus mechanism, which differs from the more common Proof-of-Work and Proof-of-Stake systems. The network's protocol is designed to allow nodes to distribute and validate a high volume of digital events each second, supporting applications that require rapid data handling, such as financial transactions and real-time record-keeping.
The technology incorporates data storage methods involving hashing, encryption, and signing to secure the network, along with a record change signature management algorithm intended to preserve transaction integrity. Beyond its core infrastructure, Tectum has developed the SoftNote, a payment system described as "transactionless," which aims to provide instant payments without fees for the end user. The project also collaborates with Digimentor to promote blockchain education. Its applications are noted to extend to the Internet of Things (IoT) due to the platform's security and adaptability features.