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TEN's low-cost privacy magic: hardcore technology that saves money and worry.
TEN (The Encrypted Network) has recently become extremely popular in the blockchain community, with low fees and strong privacy, which is very appealing. Don't think it's just a slogan; TEN uses real technology to innovate in the privacy chain space. Below are the key points I've dug up, focusing on the essentials and cutting out the fluff!
1. Why is TEN so cheap? Hardware + streamlined ledger
Imagine you are sending a package: a regular privacy chain (like Aztec) has to put each transaction into a cryptographic "black box" and also attach a "certificate" for miners to verify. The packaging is slow, the computing power is expensive, and naturally, the transaction fees skyrocket.
TEN's outrageous moves:
- Hardware Acceleration (TEE): Use the secure "vault" (TEE) in Intel chips for encryption, which is 10 times faster than pure software. A task that takes 1 minute can be completed in 6 seconds, saving both power and time.
- Store only the fingerprint, data off-chain: transaction details (such as transfer amount) are dropped into an off-chain warehouse (similar to IPFS), leaving only a "hash fingerprint" on-chain. It's like sending a package by only filling out the form without packing it, saving 80% of the postage.
- Batch verification: During peak times, 100 transactions are bundled into 1 verification, averaging the cost down to as low as 3 cents per transaction (measured at $0.03, enough to buy a piece of candy).
Comparison: Transferring 100 USDT costs 3 cents with TEN (the change for breakfast), while Aztec charges 1.2 dollars (enough for a cup of Starbucks). This difference is enough for you to treat your friends to milk tea!
2. Where is Aztec Province? Four hardcore differences.
1. Different technical foundations: Aztec relies entirely on complex zero-knowledge proofs, pure mathematical operations, which are time-consuming and mentally taxing. TEN uses TEE hardware acceleration + mathematical assistance, like using a calculator instead of mental calculations, which is efficient and stable as an old dog.
2. On-chain storage: Aztec compresses the transaction data and fills it into the Ethereum ledger, making storage fees as expensive as paying "sky-high rent." TEN only stores hashes, keeping data off-chain, perfectly avoiding Ethereum's "storage tax."
3. Developer friendly: Aztec forces developers to learn a new language, Noir, like making you retake a programming foreign language exam. TEN uses Solidity directly, and with just a few lines of code, privacy can be added, saving time and effort, and developers are thrilled.
4. Verification Speed: TEN verifies a transaction in approximately 50 milliseconds (half the time it takes to blink). Aztec takes 500 milliseconds (enough time for you to blink 5 times). The speed difference is 10 times, and TEN's throughput takes off directly.
3. How can ordinary people benefit? Save money and be useful.
1. High-frequency small transactions (chain games/tipping): Performing 100 operations in a chain game in one day, the total cost of TEN is approximately $3 (equivalent to a takeaway meal), while Aztec earns $120 (enough to cover half a year of video membership). The saved money can be used to buy more game skins!
2. "Behind-the-scenes operations" of institutional investors: Fund managers want to quietly buy 10 million coins, TEN uses an off-chain channel for settlement before going on-chain, with costs as low as $0.001 per transaction. Aztec's complex ZK circuits start at $50. The saved costs ultimately reduce slippage for retail investors.
3. User-friendly for beginners: TEN is compatible with the Foxy wallet, just double-click to enter privacy mode, as smooth as turning on a beauty filter. Aztec requires a new wallet and plugin installation, which can leave beginners confused.
IV. Summary: TEN's low fees are a technological revolution.
TEN is not relying on burning money for subsidies, but rather reshaping the logic of privacy with hardcore technology:
- TEE Acceleration: Encryption efficiency skyrockets, leaving behind the "high energy consumption" mode of pure software.
- Off-chain storage: Avoid Ethereum's storage tax, costs decrease linearly.
- Eco-compatible: Developers don't have to learn from scratch, deployment is as fast as lightning.
Just as electric vehicles are replacing fuel cars, TEN's TEE is making pure software encryption obsolete. Privacy should not be a luxury; TEN allows ordinary people to afford "on-chain invisibility."
Epilogue
The mainnet for TEN October is now live, and the official website has opened for test wallet downloads. A reminder, the early stages of a new chain can be very volatile, so play cautiously and don't go All in! Want to experience a bit of privacy magic? Try the testnet and feel the thrill of 3 cents!