Tedefi is an innovative blockchain providing infrastructure for fast and scalable Telegram dApps
Our team focuses on building a scaleable & easy-to-use blockchain ecosystem to enable users to trade, invest and access dApps directly in their Telegram.
Tedefi network will provide developers with the infrastructure to create Telegram bots on top of our blockchain network without centralized bottlenecks other than the transport protocol MTProto.
Telegram provides us the protocol "designed for access to a server API from applications running on mobile devices".
The Mobile Protocol is subdivided into three components (from the official site):
• High-level component (API query language): defines the method whereby API queries and responses are converted to binary messages.
• Cryptographic (authorization) layer: defines the method by which messages are encrypted prior to being transmitted through the transport protocol.
• Transport component: defines the method for the client and the server to transmit messages over some other existing network protocol (such as, http, https, tcp, udp).
Besides the secure communication protocol, Telegram stands out especially because of its special function of bots and channels. Freely available application programming interfaces (APIs) make it easy to automate things and connect it cross-platform. Therefore, a Telegram bot is a leading way to deliver data from almost every conceivable area whenever you need it.
Bots are third-party applications that run inside Telegram with the possibility to execute commands that will trigger actions or request information.
Tedefi uses a consensus mechanism called Proof of Staked Authority (PoSA) developed by Binance, and is basically a hybrid between the Proof-of-Staking and Proof-of-Authority.
The PoSA consensus model supports a shorter block time and lower costs, providing the required scalability for dApps development.
It features a number of active validators eligible to validate transactions are determined by ranking all validators according to the number of native tokens they have, enabling regular holders to stake their funds to earn a portion of validators rewards in form of transaction fees.
Tedefi network perform ~3 second block times using Proof of Staked Authority consensus algorithm.
The main issues of speed transaction and energy consumption are tackled by a system that aims to reach a consensus before blocks are formed.
Staking is a great way to maximize your holdings by locking them in a smart contract and earning a proportion of validator nodes rewards.
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