Over the holiday, the team has been working towards making Bitcoin more spendable. Our efforts cut across onboarding new merchants and scaling our products to give users better opportunities to use their crypto. To inform members of our progress, here is the Tectum Developers Corner – January 22nd Update.
Details of the Tectum Developers Corner January 22nd Update
Tectum is currently developing blue and green notes in the .cash mode to provide people with more seamless ways to spend their Bitcoin. These bills will get into circulation in little to no time, and individuals can spend these physical crypto cash.
Through the Tectum Developers Corner – January 22nd Update, we inform users that the staking rewards and quotas are ready. Speaking of $TET staking, we have reduced the requirements for validators and delegators by 50% and 80%, respectively. As a community-driven project, we always ensure that everyone
Although his announcement was made via a tweet, the team uses this medium to remind anyone who the previous conditions may have put off. Below are the new requirements:
- Full Node: 10,000 $TET
- Validator (Community Node): 2,500 $TET
- Delegator (Community Node): 20 $TET
Regarding products, Tectum is also developing the Vault Mode for SoftNote Wallets. This feature will make these blockchain wallets even more secure than it already is. With ever-evolving security threats, the company must remain ahead of the curve.
Tectum has checked and verified the BugBounty system. Therefore, anyone who notices any default in our ecosystem’s products can report it accordingly. Still on bugs, our developers have fixed several bugs in the following applications:
- SoftNote.Cash
- Tectum Staking
- SoftNote Wallet
ePOS SOftNote and New Merchant Updates
Tectum is coming closer to the average person with each passing day. For example, the team is currently running real-world marketing campaigns. It involves sponsoring Billboards, as seen at a traffic light close to the SpaceX office. Creating awareness about Tectum products is essential to our expansion plan.
Last week, we completed the onboarding of Travel Care – a tourism and hospitality agency, as a SoftNote merchant. Anyone who registers on this platform and has a minimum of 10 $TET holders will enjoy the following benefits:
- Purple Martin status privilege
- 10% crypto rewards on your total reservations
- 7% OFF hotel bookings with code “SOFTNOTE”
- Verify your account through Travel Birds Verification
In the coming months, Tectum will be onboarding more merchants as we look to create new use cases for SoftNote Bills and SoftNote cash. To properly equip business owners who use our product as a payment system, we are developing an ePOS software. This program will function like the standard point-on-sale machines popular in most supermarkets and stores. The major difference is that it will be for specifically accepting SoftNotes as payment for products and services.
There will be an announcement to notify merchants when this product is ready. The team will also assist businesses with the installation and configuration of this software package. Nonetheless, we are reassuring businesses that the ePOS is a very straightforward and seamless tool. Therefore, they would not have any challenges using it.