Ternoa Expands NFT Time Capsule Compatibility in Partnership with Elrond

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In this article, you’ll learn how Ternoa’s NFT time capsules work and what this partnership with Elrond means to them.

Ternoa, the first blockchain in the world to approach TVNs as transmission devices with extended owner privileges, is pleased to announce a new collaboration. We are talking about Elrond, a huge blockchain scalability project. Best known for its token $ EGLD, the company will make the necessary changes to support Ternoa Time Capsules in their accounts and addresses by means of a bridge.

It all sounds really exciting, but what exactly does this NFT bridge collaboration mean for Ternoa users, and more particularly for those interested in Time capsules, the company’s flagship product? In order to understand all the implications, let’s first take a look at what these capsules are.

What are Ternoa NFT Time Capsules?

In the world of today, data storage is very limited, there is no option for exclusive ownership due to intermediaries, nor security in that your data will not be accidentally deleted or hacked … Ternoathe goal is to create a data storage space that people can fully own, with total confidentiality and no limitations or intermediaries. Here is where NFT time capsules come in: they help Ternoa do just that by becoming vehicles that encapsulate the data that users want to transmit.

Ternoa

But how to do it Ternoa‘s Time capsules accomplish the task of passing important information from generation to generation? The answer lies in five sending protocols. First we have the death protocol, which allows post-mortem transmission, which means that even after your death, your valuable data will be sent to the chosen beneficiary. Then the consent protocol opens the Time capsule when there is no opposition from the sender. Beside these, TernoaThe Safe Protocol stores data in the form of a digital safe. Finally, the Countdown Protocol defines a countdown before sending the capsule, and the D-Day Protocol specifies a sending date.

Using this technology, the recipient of the Ternoa Time Capsule can do whatever they want with the data: they can even add data to it and send it to their own children or loved ones. It seems that we can send these capsules to as many addresses possible is the key, right? Here is where Elrond Between.

The Elrond Scalability Project

Many of you may know Elrondtoken, $ EGLD, which has a market capitalization of $ 1,639 million and a 24-hour trading volume of $ 37 million. But if we take a closer look at this project, we can see that ElrondThe capabilities of s are amazing: it can process up to 15,000 transactions per second (TPS) with a latency of 6 seconds. But it doesn’t stop there: it also has several layers of security, by implementing Proof of participation (PoS) algorithms.

But how can we Elrond achieve that combination of speed and security? The answer lies in its Adaptive state sharing mechanism. In short, thanks to Elrond, transactions can be handled in parallel, so the blockchain retains its security features (like checking nodes) without the risk of getting clogged, as is typically the case with other networks. More information on Adaptive state sharing can be found here: https://docs.elrond.com/technology/adaptive-state-sharding/

Ternoa’s future developments for NFT time capsules

time capsules

The next step, which at this point seems natural, will be the launch of the Ternoa main fillet. Once this step is completed, the official Ternoa app will be published, which will offer Creation of time capsules. This app will be so user-friendly that even the elderly will be able to access the app and create one in a matter of minutes.

And thanks to this collaboration, Time capsules minted on Ternoa can be configured with destinations on the Elrond network, with NFTs to be sent to a bridge when the time comes.

The permanent and unchanging nature of blockchain technology will allow humanity to remember the lessons of history more precisely and to better exploit them. We are happy to have Elrond accounts as recipients of the innovative Ternoa time capsules. “said Beniamin Mincu, CEO of Elrond Network.

The Elrond community is one of the most vibrant and active in the entire crypto space. We are excited to engage with her and create the opportunity for her members to receive Memories encapsulated on the Ternoa Platform directly into their Maiar wallets.. »Declared Mickael Canu, CEO of Ternoa.

If you are interested in Ternoaits amazing features, like its NFT Market, you have to try his Wallet application! You can download it for iOS here or Android here.

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