What does Ternoa do?
Ternoa (CRYPTO:CAPS) is a next-generation blockchain platform that is designed to be scalable, secure, and easy to use. It is built on a new consensus mechanism called Proof-of-Stake with Verifiable Random Functions (VDFs). This consensus mechanism is designed to be more secure and energy-efficient than traditional Proof-of-Work consensus mechanisms.
Ternoa operates using a decentralized network of validators. These validators are responsible for processing transactions and securing the network. CAPS holders can stake their tokens to become validators and earn rewards for participating in the consensus mechanism.
The main objective of Ternoa is to create a scalable, secure, and easy-to-use blockchain platform that can support the development and deployment of a wide range of decentralized applications (dApps).
