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Ternoa Stock

Ternoa

CAPS

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Ternoa Whitepaper

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Börse Marktpaar Preis +2% Tiefe -2% Tiefe Volumen (24H) Volumen % Typ Liquiditätsbewertung Aktualität
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Ternoa FAQ

{ "q": "about", "a": "Ternoa is a multi-network and cross-layer protocol that utilizes confidential computing technologies to enhance blockchain security, privacy, and scalability.\n\nOur technology stack integrates distributed ledger and confidential computing technologies to deliver decentralized yet private development environments for next-generation applications. Ternoa comprises three independent, yet interconnected networks:\n\nTernoa Chain: A WASM Layer 1 blockchain network built on Substrate, allowing developers to deploy ink! smart contracts programmed in Rust, C, C++, or TypeScript. Developers can also access pre-coded primitives via a JavaScript SDK. This mainnet has been operational since April 2022.\n\nTernoa Fortress: A decentralized TEE-powered coprocessor network, functioning as a key management system. It enables users to encrypt off-chain data using on-chain encryption keys. This network has been in mainnet operation since September 2023.\n\nTernoa zkEVM: A Layer 2 validium secured with TEE multi-proofs, providing a complete EVM equivalent environment where developers can deploy Solidity smart contracts. The mainnet launch is scheduled for 2024.\n\nFrom its inception, Ternoa was designed as a comprehensive protocol facilitating new privacy and security use cases. Our TEE-powered technology stack has been operational as a mainnet L1 since 2022, driving the development of a multi-layer and multi-chain architecture, targeted for completion in 2024.", "rank": "0" }

What technology underpins Ternoa?

Ternoa's technology represents a compelling fusion of advanced innovations aimed at enhancing security, privacy, and scalability within the blockchain domain. Fundamentally, Ternoa is supported by a layer 1 blockchain infrastructure constructed on Substrate, a framework renowned for its flexibility and robustness. This robust base enables Ternoa to utilize WebAssembly (WASM) for supporting smart contracts developed in various programming languages, including Rust, C, C++, and Typescript. Developers can engage with these smart contracts through a JavaScript SDK, ensuring accessibility and versatility of the platform. A key feature of Ternoa is its incorporation of confidential computing technologies, notably Trusted Execution Environments (TEEs) and Zero Knowledge proofs. TEEs are secure segments within a processor ensuring that sensitive data is processed in an isolated and protected environment. This technology is essential in preventing unauthorized access and tampering, thereby providing a heightened level of security for user data. Conversely, Zero Knowledge proofs allow one party to demonstrate to another the truthfulness of a statement without revealing any extraneous information. This significantly enhances privacy by enabling transactions and data exchanges to be verified without exposing the underlying data. Ternoa's architecture is inherently designed to be multi-network and cross-layer, comprising three interconnected networks. The Ternoa Chain, a WASM Layer 1 blockchain, functions as the primary network facilitating the deployment of smart contracts by developers. This network has been operational since April 2022, offering a stable and secure environment for decentralized applications. Complementing the Ternoa Chain is the Ternoa Fortress, a decentralized network driven by TEEs. This network serves as a key management system, permitting users to encrypt off-chain data utilizing on-chain encryption keys. Through this mechanism, Ternoa ensures the security of sensitive information even when stored outside the blockchain. The Ternoa Fortress has been functional since September 2023, contributing an additional layer of security to the ecosystem. In the future, Ternoa anticipates introducing the Ternoa zkEVM, a Layer 2 validium secured with TEE multi-proofs. This network will provide a comprehensive Ethereum Virtual Machine (EVM) equivalent environment, empowering developers to deploy Solidity smart contracts. The anticipated launch of the zkEVM in 2024 will further enhance Ternoa's capabilities, offering a scalable solution for decentralized applications. The native token of the Ternoa ecosystem, CAPS, is crucial in facilitating transactions and creating NFTs. CAPS is central to the platform's functionality, allowing users to engage with the diverse networks and services that Ternoa offers. By integrating distributed ledger technology with confidential computing, Ternoa delivers a decentralized yet private development environment. This distinctive approach facilitates the creation of next-generation applications that prioritize security and privacy. Ternoa’s multi-layer and multi-chain architecture ensures its adaptability to the evolving demands of the blockchain sector, rendering it a versatile and progressive platform. For more detailed information, please visit Eulerpool.

What are the practical applications of Ternoa in the real world?

Ternoa (CAPS) is a blockchain protocol engineered to enhance security, privacy, and scalability through cutting-edge technologies. Its practical applications span multiple sectors, capitalizing on its distinct technological framework and multi-layer architecture. In the domain of decentralized finance (DeFi), Ternoa facilitates secure and private transactions, empowering users to manage digital assets with heightened confidentiality. This is made possible through the Ternoa Fortress, a decentralized TEE-powered coprocessor network that encrypts off-chain data using on-chain encryption keys, ensuring strong data protection. For the gaming and entertainment sectors, Ternoa provides innovative solutions via non-fungible tokens (NFTs). These digital assets can represent ownership of in-game items, digital artwork, or other unique content, offering a secure and transparent method to buy, sell, and trade digital collectibles. The Ternoa Chain, a WASM Layer 1 blockchain, supports the deployment of smart contracts written in various programming languages, making it adaptable for developers in these industries. Inheritance and data management represent other key applications of Ternoa. The protocol enables the secure transfer of digital assets and sensitive information, ensuring that data is accessible only to authorized individuals. This feature is particularly valuable for creating digital wills or managing confidential documents, where privacy and security are essential. Ternoa also hosts a builders program, providing grants and community engagement opportunities for projects that wish to develop on its platform. This initiative promotes innovation and the creation of new applications within the Ternoa ecosystem, encouraging a collaborative environment for developers. Furthermore, Ternoa's potential integration with the Ethereum ecosystem unlocks additional opportunities for cross-chain applications and interoperability, increasing its utility across various blockchain networks. The forthcoming Ternoa zkEVM, a Layer 2 validium secured with TEE multi-proofs, will offer an EVM equivalent environment for deploying Solidity smart contracts, further extending its capabilities. Ternoa's holistic protocol, which integrates distributed ledger and confidential computing technologies, establishes it as a versatile and secure platform for next-generation applications.

Who are the founders of Ternoa?

Ternoa (CAPS) is distinguished as a multi-network and cross-layer protocol that utilizes confidential computing technologies to improve blockchain security, privacy, and scalability. The founders of Ternoa are Mickael Canu, Prabhu Eswarla, Martin Oliviero, Clément Téqui, Benjamin Arthuys, and Valentin Peersman. Mickael Canu serves as CEO & CTO, contributing extensive technical expertise. Clément Téqui also holds a CEO position, while Martin Oliviero serves as COO, each playing crucial roles in guiding the project's strategic direction. Their collaborative efforts have resulted in the development of Ternoa's innovative technology stack, which comprises the Ternoa Chain, Ternoa Fortress, and Ternoa zkEVM. For additional information and updates on Ternoa, visit Eulerpool.

Investors interested in Ternoa are also interested in these Cryptos

This list presents a carefully selected selection of Cryptos that might be of interest to investors. We have our own crypto analyses for all listed Cryptos on Eulerpool.

Beginnings and the Rise of Cryptocurrencies

The history of cryptocurrencies began in 2008 when an individual or group using the pseudonym Satoshi Nakamoto published the whitepaper "Bitcoin: A Peer-to-Peer Electronic Cash System." This document laid the foundation for the first cryptocurrency, Bitcoin. Bitcoin utilized a decentralized technology known as blockchain to enable transactions without the need for a central authority.

In January 2009, the Bitcoin network commenced with the mining of the Genesis Block. Initially, Bitcoin was more of an experimental project for a small group of enthusiasts. The first known commercial purchase using Bitcoins occurred in 2010, when someone spent 10,000 Bitcoins on two pizzas. At that time, the value of one Bitcoin was just fractions of a cent.

The development of other cryptocurrencies

Following the success of Bitcoin, other cryptocurrencies soon emerged. These new digital currencies, often referred to as "Altcoins," sought to use and improve blockchain technology in various ways. Some of the most well-known early Altcoins include Litecoin (LTC), Ripple (XRP), and Ethereum (ETH). Ethereum, founded by Vitalik Buterin, was particularly distinct from Bitcoin, as it enabled the creation of smart contracts and decentralized applications (DApps).

Market Growth and Volatility

The cryptocurrency market grew rapidly, and with it public attention. The value of Bitcoin and other cryptocurrencies experienced extreme fluctuations. Highlights such as the end of 2017, when the Bitcoin price nearly reached 20,000 US dollars, alternated with sharp market crashes. This volatility attracted both investors and speculators.

Regulatory Challenges and Acceptance

As the popularity of cryptocurrencies rose, governments around the world began to grapple with the regulation of this new asset class. Some countries adopted a friendly stance and encouraged the development of crypto technologies, while others introduced strict regulations or outright banned cryptocurrencies. Despite these challenges, the acceptance of cryptocurrencies in the mainstream has steadily increased, with companies and financial institutions starting to adopt them.

Recent Developments and the Future

In recent years, developments such as DeFi (Decentralized Finance) and NFTs (Non-Fungible Tokens) have broadened the range of possibilities offered by blockchain technology. DeFi enables complex financial transactions without traditional financial institutions, while NFTs allow for the tokenization of artwork and other unique items.

The future of cryptocurrencies remains exciting and uncertain. Questions about scalability, regulation, and market penetration remain open. Nevertheless, interest in cryptocurrencies and the underlying blockchain technology is stronger than ever, and their role in the global economy is expected to continue growing.

Advantages of Investing in Cryptocurrencies

1. High Return Potential

Cryptocurrencies are known for their high potential returns. Investors who got in early on projects like Bitcoin or Ethereum have made substantial gains. This high return makes cryptocurrencies an attractive investment opportunity for risk-seeking investors.

2. Independence from Traditional Financial Systems

Cryptocurrencies offer an alternative to the traditional financial system. They are not bound to the policies of a central bank, making them an attractive hedge against inflation and economic instability.

3. Innovation and Technological Development

Investing in cryptocurrencies also means investing in new technologies. Blockchain, the technology behind many cryptocurrencies, has the potential to revolutionize numerous industries, from financial services to supply chain management.

4. Liquidity

Cryptocurrency markets operate around the clock, which means high liquidity. Investors can buy and sell their assets at any time, which is a clear advantage compared to traditional markets that are tied to opening hours.

Disadvantages of Investing in Cryptocurrencies

1. High Volatility

Cryptocurrencies are known for their extreme volatility. The value of cryptocurrencies can rise or fall quickly and unpredictably, posing a high risk to investors.

2. Regulatory Uncertainty

The regulatory landscape for cryptocurrencies is still emerging and varies greatly from country to country. This uncertainty can lead to risks, especially when new laws and regulations are introduced.

3. Security Risks

While blockchain technology is considered very secure, there are risks associated with the storage and exchange of cryptocurrencies. Hacks and fraud are not uncommon in the crypto world, which requires additional precautions.

4. Lack of Understanding and Acceptance

Many people do not fully understand cryptocurrencies and the underlying technology. This lack of understanding can lead to misguided investments. Additionally, the acceptance of cryptocurrencies as a means of payment is still limited.