Ternoa

Ternoa

Ternoa is developing a fast, secure, and cost-efficient PayFi network. It is a natively cross-chain, TEE-enhanced zkEVM validium designed to onboard a large number of retail customers into the crypto space.
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Description

Ternoa 2.0 is a natively cross-chain TEE-enhanced zkEVM validium designed to onboard billions of retail customers into crypto. It aims to be a fast, secure, and cost-efficient PayFi network. The network features fast finality with frequent validity proofs for near-instant transactions suitable for payments. Security is enhanced by TEE integrity proofs that provide real-time guarantees against tampering with off-chain components. For cost-efficiency, it posts data on Avail modular DA, which can result in up to 90% savings on gas fees compared to posting directly on Ethereum. It offers a fast network with zkEVM finality and frequent validity proofs for near-instant transactions, suitable for payments. Security is provided through TEE integrity proofs, which give real-time guarantees against tampering with off-chain components to secure user funds. It is also cost-efficient, posting data on Avail modular DA, which leads to up to 90% savings on gas fees compared to posting directly on ETH.