Ternoa price

CAPS

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Ternoa (CAPS) stands out as a blockchain protocol designed to revolutionize the way digital assets are stored and managed. Launched in 2020, Ternoa is spearheaded by a team of executives, including CEO Mickael Canu, CTO Prabhu Eswarla, COO Martin Oliviero, and CEO LABS Clément Téqui. The protocol's advisory board features industry leaders and seasoned entrepreneurs, ensuring a robust strategic direction.

At its core, Ternoa leverages zero knowledge technology, Trusted Execution Environments (TEEs), and off-chain data encryption to provide unparalleled security and privacy. This blockchain infrastructure is built on Substrate, making it a Layer 1 solution designed for the mass adoption of NFT technology. Ternoa's unique approach allows for the creation of time capsules directly from a smartphone, ensuring secure and private storage of digital memories.

The Ternoa ecosystem is composed of three interconnected networks. The Ternoa Chain, a WASM Layer 1 blockchain, enables developers to deploy ink! smart contracts using languages like Rust, C, C++, and Typescript. The Ternoa Fortress, a decentralized TEE-powered coprocessor network, functions as a key management system, encrypting off-chain data with on-chain encryption keys. Lastly, the Ternoa zkEVM, a Layer 2 validium secured with TEE multi-proofs, offers a full EVM equivalent environment for deploying Solidity smart contracts.

Ternoa's multi-network and cross-layer protocol aims to make blockchain more secure, private, and scalable. Its tech stack combines distributed ledger and confidential computing technologies, providing decentralized yet private development environments for next-generation applications. The protocol's mainnet has been live since April 2022, with further developments planned for 2024.

Ternoa's technology is a fascinating blend of cutting-edge innovations designed to enhance security, privacy, and scalability in the blockchain space. At its core, Ternoa operates on a layer 1 blockchain infrastructure built on Substrate, a framework known for its flexibility and robustness. This foundation allows Ternoa to leverage the power of WebAssembly (WASM) to support smart contracts written in various programming languages such as Rust, C, C++, and Typescript. Developers can interact with these smart contracts using a JavaScript SDK, making the platform accessible and versatile.

One of the standout features of Ternoa is its use of confidential computing technologies, specifically Trusted Execution Environments (TEEs) and Zero Knowledge proofs. TEEs are secure areas within a processor that ensure sensitive data is processed in an isolated and protected environment. This technology is crucial for preventing unauthorized access and tampering, providing a high level of security for users' data. Zero Knowledge proofs, on the other hand, allow one party to prove to another that a statement is true without revealing any additional information. This enhances privacy by ensuring that transactions and data exchanges can be verified without exposing the underlying data.

Ternoa's architecture is designed to be multi-network and cross-layer, comprising three interconnected networks. The Ternoa Chain, a WASM Layer 1 blockchain, serves as the primary network where developers can deploy smart contracts. This network has been live since April 2022, providing a stable and secure environment for decentralized applications.

Complementing the Ternoa Chain is the Ternoa Fortress, a decentralized network powered by TEEs. This network acts as a key management system, enabling users to encrypt off-chain data using on-chain encryption keys. By doing so, Ternoa ensures that sensitive information remains secure even when stored outside the blockchain. The Ternoa Fortress has been operational since September 2023, adding an extra layer of security to the ecosystem.

Looking ahead, Ternoa plans to introduce the Ternoa zkEVM, a Layer 2 validium secured with TEE multi-proofs. This network will offer a full Ethereum Virtual Machine (EVM) equivalent environment, allowing developers to deploy Solidity smart contracts. The zkEVM is expected to go live in 2024, further expanding Ternoa's capabilities and providing a scalable solution for decentralized applications.

The native token of the Ternoa ecosystem, CAPS, plays a vital role in facilitating transactions and creating NFTs. CAPS is integral to the platform's functionality, enabling users to interact with the various networks and services offered by Ternoa.

By combining distributed ledger technology with confidential computing, Ternoa provides a decentralized yet private development environment. This unique approach allows for the creation of next-generation applications that prioritize security and privacy. The multi-layer and multi-chain architecture of Ternoa ensures that it can adapt to the evolving needs of the blockchain space, making it a versatile and forward-thinking platform.

Ternoa (CAPS) is a blockchain protocol designed to enhance security, privacy, and scalability through advanced technologies. Its real-world applications span various sectors, leveraging its unique tech stack and multi-layer architecture.

In the realm of decentralized finance (DeFi), Ternoa facilitates secure and private transactions, enabling users to manage digital assets with enhanced confidentiality. This is achieved through its Ternoa Fortress, a decentralized TEE-powered coprocessor network that encrypts off-chain data with on-chain encryption keys, ensuring robust data protection.

For the gaming and entertainment industries, Ternoa offers innovative solutions through non-fungible tokens (NFTs). These digital assets can represent ownership of in-game items, digital art, or other unique content, providing a secure and transparent way to buy, sell, and trade digital collectibles. The Ternoa Chain, a WASM Layer 1 blockchain, supports the deployment of smart contracts coded in various programming languages, making it versatile for developers in these fields.

Inheritance and data management are other significant applications of Ternoa. The protocol allows for the secure transmission of digital assets and sensitive information, ensuring that data is only accessible to authorized parties. This is particularly useful for creating digital wills or managing confidential documents, where privacy and security are paramount.

Ternoa also supports a builders program, offering grants and community engagement opportunities for projects that wish to develop on its platform. This initiative encourages innovation and the creation of new applications within the Ternoa ecosystem, fostering a collaborative environment for developers.

Additionally, Ternoa's potential integration with the Ethereum ecosystem opens up further possibilities for cross-chain applications and interoperability, enhancing its utility across different blockchain networks. The upcoming Ternoa zkEVM, a Layer 2 validium secured with TEE multi-proofs, will provide an EVM equivalent environment for deploying Solidity smart contracts, expanding its capabilities even further.

Ternoa's comprehensive protocol, combining distributed ledger and confidential computing technologies, positions it as a versatile and secure platform for next-generation applications.

Ternoa (CAPS) stands out as a multi-network and cross-layer protocol that leverages confidential computing technologies to enhance blockchain security, privacy, and scalability. The journey of Ternoa began in 2020, marking its inception with a vision to create a comprehensive protocol that addresses privacy and security use cases.

One of the significant milestones for Ternoa was the launch of its mainnet, Ternoa Chain, in April 2022. Built on Substrate, this WASM Layer 1 blockchain network allows developers to deploy ink! smart contracts coded in languages such as Rust, C, C++, or Typescript. The network also supports calling pre-coded primitives through a JavaScript SDK, providing a robust environment for decentralized application development.

In September 2023, Ternoa introduced Ternoa Fortress, a decentralized TEE-powered coprocessor network. This network functions as a key management system, enabling users to encrypt off-chain data with on-chain encryption keys. The implementation of Ternoa Fortress marked a significant advancement in the protocol's ability to provide secure and private data management solutions.

Looking ahead, Ternoa plans to launch Ternoa zkEVM, a Layer 2 validium secured with TEE multi-proofs, in 2024. This development will offer a full EVM equivalent environment where builders can deploy solidity smart contracts, further expanding the protocol's capabilities and appeal to a broader range of developers.

In addition to its technological advancements, Ternoa has engaged its community through various initiatives. Notably, the completion of Ternoa Origin and the organization of giveaways, including a $5,000 and a $10,000 giveaway, have been key events that fostered community engagement and growth.

Ternoa's commitment to fostering innovation is also evident through its grant program, which supports eligible projects that align with its vision. This initiative aims to encourage the development of applications and solutions that leverage Ternoa's unique tech stack.

The team behind Ternoa comprises executives and an advisory board dedicated to steering the project towards its goals. Their expertise and strategic guidance have been instrumental in navigating the challenges and opportunities in the blockchain space.

Ternoa's evolution reflects its dedication to creating a secure, private, and scalable blockchain protocol. The milestones achieved so far, including the launch of Ternoa Chain and Ternoa Fortress, as well as the upcoming Ternoa zkEVM, highlight the project's continuous innovation and commitment to addressing the needs of the blockchain community.