As of 2024, blockchain has brought many benefits in terms of transparency and the ability to transfer assets across borders. However, transaction speed remains a challenge for this technology. Although Ethereum scaling solutions and layer 1 blockchains such as Solana and Aptos have announced transaction speeds of up to 80,000 TPS, however, reality proves that this speed is lower than in theory.
This situation is slowing the mass adoption of crypto among businesses globally. However, Tectum was born to solve this problem with a transaction speed exceeding the threshold of 3.5 million TPS. Notably, Tectum also has the ability to convert Bitcoin (BTC) instantly with gas fees lower than 0.1%.