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Notice
It's the weekend. Due to the US government shutdown, no one is working, and the non-farm payroll data from yesterday has been postponed. Bitcoin closed around 123,000 today, where there is some resistance from the previous central point. Ethereum closed above 4500 on the daily chart. The probability of fluctuations is higher this weekend. Let's observe more.
Let's talk about TEN, which we haven't discussed for a long time. The TGE has been delayed for a while. Can something big come out of it? 10/10!
Do you understand this feeling? It's like all your on-chain operations are laid out in a huge public spreadsheet that anyone can come and look at. TEN Protocol aims to solve this problem; it is essentially a layer 2 network on Ethereum, but its goal is to make your on-chain activities private by default.
At its core is a technology called TEE, which you can think of as a secure "safe house" created within your device's processor. Your transaction data and the logic of smart contracts are processed in this safe house in an encrypted manner, preventing outsiders (including other nodes on the network) from peeking into the specific contents inside. This way, your sensitive information, such as payment amounts and messages sent, is protected.
One significant benefit of this is the effective counteraction against MEV (Miner Extractable Value). On a regular chain, miners may see your trading intentions and front-run to profit. However, on TEN, because the transaction content is encrypted before being packaged, miners cannot know the details in advance, making it difficult to carry out such front-running attacks.
It is worth mentioning that many members of the development team of TEN come from R3, a well-known banking consortium. This gives them a deep understanding of the data privacy and security requirements at the institutional level and applies it to this decentralized protocol.
In summary, TEN's approach is to maximize privacy protection options through technical means without sacrificing the decentralization and security of blockchain, allowing you to engage in activities on the chain with greater peace of mind.
Shenzi Chen Village Committee Party Branch
#TENProtocol CookieDotFun #TEN SNAPS @cookiedotfun @cookiedotfuncn
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