PsilocybeRBBC: Red Belly Network
27/5/2022 Artist: stuz0r The notorious, white-belly, poisonous Psilocybe"You call that a blockchain? This is a blockchain" Crocodile GramoliContentsTeam The Tech Slithering through the undergrowth With that considered what will RBBC do? Risk I have looked at the tech but I have mainly focussed on the connections with which RBBC’s team are involved in as well as the wider frame work it sits within. “Slithering through the undergrowth” meanders through the network that RBBC is within, accompani...
Psilocybe0L Network: A Short History of Crypto
This is a tea. A special tea. 11.2023WELCOMETake a seat, let me roll out the TV. This is a documentary, where you read and imagine Psilocybe going through some crypto history. I am going to touch on ETH, Aptos, Solana, contracts, venture capital and most importantly 0L Network. 0L Network is a fork of Diem. Remember those days of Diem and Libra? It has been quietly in construction since those days and is, well, I will let you find out. Get cosy.Start here…Humans came out of the tree and it ha...
PsilocybeR3: Obscuro In Context
3/8/2022 Psilosybe?… p’Silocbey?…. Can I just call you Gary? Editors note: back when I made this write-up I was in the throes of a bureaucratic battle with my internet provider as I had just moved. It was a long, arduous, dull saga that was finally resolved. However, during it meant I had no internet and I had to utilise my friends WiFi when I had a chance leading to incomplete work. It does still provide a decent amount of intel for you but there are missing bits and parts I wished to contin...
Twitter : @Psilocybe____
PsilocybeRBBC: Red Belly Network
27/5/2022 Artist: stuz0r The notorious, white-belly, poisonous Psilocybe"You call that a blockchain? This is a blockchain" Crocodile GramoliContentsTeam The Tech Slithering through the undergrowth With that considered what will RBBC do? Risk I have looked at the tech but I have mainly focussed on the connections with which RBBC’s team are involved in as well as the wider frame work it sits within. “Slithering through the undergrowth” meanders through the network that RBBC is within, accompani...
Psilocybe0L Network: A Short History of Crypto
This is a tea. A special tea. 11.2023WELCOMETake a seat, let me roll out the TV. This is a documentary, where you read and imagine Psilocybe going through some crypto history. I am going to touch on ETH, Aptos, Solana, contracts, venture capital and most importantly 0L Network. 0L Network is a fork of Diem. Remember those days of Diem and Libra? It has been quietly in construction since those days and is, well, I will let you find out. Get cosy.Start here…Humans came out of the tree and it ha...
PsilocybeR3: Obscuro In Context
3/8/2022 Psilosybe?… p’Silocbey?…. Can I just call you Gary? Editors note: back when I made this write-up I was in the throes of a bureaucratic battle with my internet provider as I had just moved. It was a long, arduous, dull saga that was finally resolved. However, during it meant I had no internet and I had to utilise my friends WiFi when I had a chance leading to incomplete work. It does still provide a decent amount of intel for you but there are missing bits and parts I wished to contin...
Twitter : @Psilocybe____
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Faster. Better. Stronger.
8.11.2024
A Peer-to-Peer Electronic Cash System. That is the title of the Bitcoin whitepaper, not “Store on Coinbase and never move it by Satoshi Nakamoto.”
Where AI gives the internet a “mind”, Bitcoin provides the internet a gold standard.
We had gold and then a bank note to give to someone as a way of exchanging ownership of that gold.
Well, with Tectum, you can have Bitcoin and exchange ownership with a SoftNote. Now that we are entering this new epoch of money, the SoftNote is flexible in that it can represent one of many crypto currencies. For the moment you can store Bitcoin, Ethereum, Tron or USDT, there will be more cryptos in the future that can be transferred via the SoftNote.
This can be done offline; you simply hand it over rather than transfer on chain, they can utilise it later. Plus, it has an extra security advantage over cash, if someone steals my printed SoftNote, they cannot use it, they cannot spend it unless they have my passcode.
SoftNotes are digital “banknotes” backed by Bitcoin, offering a seamless remittance system. You can send a screen shot to someone and they can then take control of the SoftNote. Fast, feeless transactions that can even occur offline, making them accessible and versatile for peer-to-peer payments.
The goal of the SoftNotes was a way to help crypto be used in micropayments, to help it become more common place and mainstream. It offers a quicker and cheaper alternative to sending Bitcoin over the Bitcoin network or Lightning Network, which is prone to bottlenecks. In doing so, this is a way to scale Bitcoin and other cryptocurrencies.
Speed of the transaction and the cost are hurdles for how crypto is utilised in day-to-day transactions, yet as Tectum have managed to make crypto have a similar quality to cash money. With the world becoming tokenised, the SoftNote is going to be passing through a phase of adoption as its capability is essential – the need for instant, seamless, costless or as close to free as possible.
Bitcoin is gradually getting understood. In the UK, the place with the “deepest” integration of Bitcoin is the Isle of Man. This is a place that would benefit from the SoftNote as there are pubs, book stores, cafés and some tourist attractions. As Bitcoin sees its trajectory, expect more places in London to accept the orange coin, SoftNote can easily smooth and finesse that integration and process.
At MIT, Christian Catalini gave access to Bitcoin to all MIT undergraduate students for a study. Pretty much every student sold it. In El Salvador, when each citizen was given a wallet with Bitcoin, they sold it into fiat.
This is because the education of Bitcoin is not there nor the practicality. As we educate more about crypto, as people are more aware of it, they can understand it better, appreciate it better. The big trick is to make it practical. As merchants and people adopt the SoftNote wallet, we will see crypto gather more mainstream use.
Tectum blockchain is also great for supply chains and data management. Thus has the SoftNote helps merchants’ payment systems, the Tectum blockchain is also beneficial for keeping down costs of supply chain logistics and it can help integrate into databases of SMEs. It has been applied to commodity trading in Dubai before and recently Anatoly Klepov has joined the team. He is a legendary cryptographer – see my piece on Anatoly if you wish to know more.
There is a large market for crypto payment systems, forecasts for the compound annual growth rate (CAGR) tend to speculate between 15 - 17 percent between 2022 and 2029.
The SoftNote is just one capability of the Tectum blockchain and over the coming years do expect to hear more of Tectum.
Novus Ordo Seclorum.
https://tectum.io/wp-content/uploads/2024/04/Tectum_Pitchdeck_2024.pdf
Faster. Better. Stronger.
8.11.2024
A Peer-to-Peer Electronic Cash System. That is the title of the Bitcoin whitepaper, not “Store on Coinbase and never move it by Satoshi Nakamoto.”
Where AI gives the internet a “mind”, Bitcoin provides the internet a gold standard.
We had gold and then a bank note to give to someone as a way of exchanging ownership of that gold.
Well, with Tectum, you can have Bitcoin and exchange ownership with a SoftNote. Now that we are entering this new epoch of money, the SoftNote is flexible in that it can represent one of many crypto currencies. For the moment you can store Bitcoin, Ethereum, Tron or USDT, there will be more cryptos in the future that can be transferred via the SoftNote.
This can be done offline; you simply hand it over rather than transfer on chain, they can utilise it later. Plus, it has an extra security advantage over cash, if someone steals my printed SoftNote, they cannot use it, they cannot spend it unless they have my passcode.
SoftNotes are digital “banknotes” backed by Bitcoin, offering a seamless remittance system. You can send a screen shot to someone and they can then take control of the SoftNote. Fast, feeless transactions that can even occur offline, making them accessible and versatile for peer-to-peer payments.
The goal of the SoftNotes was a way to help crypto be used in micropayments, to help it become more common place and mainstream. It offers a quicker and cheaper alternative to sending Bitcoin over the Bitcoin network or Lightning Network, which is prone to bottlenecks. In doing so, this is a way to scale Bitcoin and other cryptocurrencies.
Speed of the transaction and the cost are hurdles for how crypto is utilised in day-to-day transactions, yet as Tectum have managed to make crypto have a similar quality to cash money. With the world becoming tokenised, the SoftNote is going to be passing through a phase of adoption as its capability is essential – the need for instant, seamless, costless or as close to free as possible.
Bitcoin is gradually getting understood. In the UK, the place with the “deepest” integration of Bitcoin is the Isle of Man. This is a place that would benefit from the SoftNote as there are pubs, book stores, cafés and some tourist attractions. As Bitcoin sees its trajectory, expect more places in London to accept the orange coin, SoftNote can easily smooth and finesse that integration and process.
At MIT, Christian Catalini gave access to Bitcoin to all MIT undergraduate students for a study. Pretty much every student sold it. In El Salvador, when each citizen was given a wallet with Bitcoin, they sold it into fiat.
This is because the education of Bitcoin is not there nor the practicality. As we educate more about crypto, as people are more aware of it, they can understand it better, appreciate it better. The big trick is to make it practical. As merchants and people adopt the SoftNote wallet, we will see crypto gather more mainstream use.
Tectum blockchain is also great for supply chains and data management. Thus has the SoftNote helps merchants’ payment systems, the Tectum blockchain is also beneficial for keeping down costs of supply chain logistics and it can help integrate into databases of SMEs. It has been applied to commodity trading in Dubai before and recently Anatoly Klepov has joined the team. He is a legendary cryptographer – see my piece on Anatoly if you wish to know more.
There is a large market for crypto payment systems, forecasts for the compound annual growth rate (CAGR) tend to speculate between 15 - 17 percent between 2022 and 2029.
The SoftNote is just one capability of the Tectum blockchain and over the coming years do expect to hear more of Tectum.
Novus Ordo Seclorum.
https://tectum.io/wp-content/uploads/2024/04/Tectum_Pitchdeck_2024.pdf
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