Tectum, recognized as the quickest layer-1 blockchain, has unveiled its Light Node – a resource designed for the development and management of custom tokens. The technology firm had previously announced the launch of this product alongside an update to its roadmap.
The Tectum Light Node aims to serve as a streamlined and powerful tool for developers to interact with the fastest blockchain. This offers a more effective means of data transfer on the decentralized network compared to full nodes.
Tectum Light Node – Key Features of this Custom Token Development and Management Tool
The Tectum Light Node serves as a resource for custom token development and management, allowing developers to interact efficiently with the decentralized network. To access this service, developers must download the application from the company’s
GitHub page
.
Custom Token Creation
Developers can easily mint custom tokens using the Tectum Light Node. The procedure starts by inputting the required information detailed below:
To create a custom token on the Tectum blockchain, developers need to complete the aforementioned details. The process necessitates Tectum Emission Tokens, which can be sent to the public address displayed under the balance.
Token Management
The Light Node not only provides storage for your digital assets on the platform but also allows developers to transfer these custom tokens to any wallet compatible with the Tectum blockchain wallet.
Here are the steps to effectively manage your tokens on the Tectum Light Node:
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Open a new Tectum Light Node account
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Access your account
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Go to “Custom Tokens”
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Enter all required details in the description
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Pay in $TET to create new tokens.
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Send the custom tokens to an outside wallet
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Monitor the custom tokens
Reasons for Tectum’s Light Node Release
Traditionally, developers need full nodes to engage with a blockchain. However, Tectum opted to release a Light Node for the development of custom tokens. The company’s representative outlined the motivations behind this strategy.
According to his explanation, a full node demands extensive resources and is akin to using supercomputers. This arises from the requirement to replicate blockchain data, with a full node necessitating the duplication of every record on the blockchain, which could exceed 500 gigabytes of data.
In contrast, the Light Node permits developers to bypass the full blockchain record. They only need to replicate the portion of the blockchain data pertinent to their interactions, specifically the segment that manages token transactions.
This means that instead of needing to store 500 gigabytes of data, users would only need to maintain 10 gigabytes or even less.
Overview of Tectum
Tectum is hailed as the fastest layer-1 blockchain globally, achieving remarkable speeds of 3.5 million transactions per second. It utilizes a proof of utility consensus mechanism, ensuring smooth transaction processing through trusted nodes. In contrast to many web3 networks, Tectum implements layered transaction processing, preventing traffic congestion and delays while maintaining transaction confidentiality via zero-knowledge proofs.
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Developed by Crispmind, a distinguished intellectual property and software development company, Tectum reflects a dedication to delivering simple solutions for complex problems. Boasting a diverse portfolio that includes secure messaging, user authentication, blockchain, distributed ledgers, and cryptocurrency, Crispmind serves both the private sector and government organizations.
Through innovation and clarity, Crispmind empowers both individuals and businesses to thrive within the digital realm.
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Disclaimer: The contents of this press release do not constitute an investment solicitation, nor is it intended to provide investment or financial advice. Cryptocurrency mining carries risks and the possibility of losing funds. Due diligence is advised, including speaking to a qualified financial advisor, prior to investing or trading in cryptocurrencies and securities.
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