Financial layer

Between Bitcoin and Ethereum

TensorCash picks the best of two worlds, while leaving their flaws behind [1].

From Bitcoin

Its proven security, and a scarce coin on a network without a central authority.

Left behind: Bitcoin can do little beyond moving its own coin.

From Ethereum

The idea that a chain can do more than send and receive a coin, such as issuing assets and settling contracts between parties.

Left behind: on Ethereum anyone can write their own smart contracts, which is where a lot of DeFi hacks come from.

The result is a fixed set of financial functions built into the protocol, with no custom contract code.

References

  1. [1]TensorCash whitepaper.tensorcash.org/whitepapers/TensorCash_Whitepaper-modern.pdf