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Finally took a close look at the recently collected TEN Protocol and found it quite interesting. Sharing it with you who are also looking for good projects 👇
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🔍【 What is $TEN?】
A new chain that focuses on "privacy, cheap, and fast" is set to launch its mainnet in October.
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🧠[Why is it said to be special?] I summarized three points myself, which really struck me:
1️⃣ Low transaction fee
Other privacy chains can cost several dollars for a single transaction, but TEN's average cost is down to $0.03. How is this achieved?
→ Replace complex proofs with "hardware encryption chips", just like an electric car ditching the engine and running on batteries, which is simpler and faster.
→ Store most of the data off-chain, leaving only a "fingerprint" on-chain, like putting a number on a delivery without the address, reducing the burden!
2️⃣ The operation is very Web2
→ The same usage as Metamask, no need to learn a new wallet.
→ No mandatory programming language switch, developer-friendly, can directly use Solidity.
3️⃣ Most suitable for high-frequency users
→ Daily chain activities, playing chain games, and building positions, even if you click 100 times a day, you won't feel sorry for the transaction fees.
→ Especially suitable for scenarios where you don't want your wallet to be publicly tracked, such as team dividends, private placements, etc.
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✨I personally really like this approach of "saving money without relying on subsidies"; TEN has "done it right" in terms of architecture.
Before the mainnet goes live, you can first experience the test wallet to get a feel for it. The privacy chain can also be this lightweight and smooth.