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