In Feb 2025, we began supporting @tenprotocol. Founded by a team that previously built Corda at @inside_r3, the institutional blockchain for banks, where they helped power 400+ CorDapps, secure over $10 billion in on-chain assets, and process more than one million daily transactions across active RWA networks. 🧵
2/ Even though transparency is one of blockchain's core strengths, it can also be a major limitation; many applications simply cannot operate effectively in a fully visible environment. Privacy solutions are essential, yet the market has not produced a clear winner with strong product–market fit. TEN is a Layer-2 purpose-built to address this gap, delivering privacy without compromising blockchain integrity through its TEE-based execution layer.
3/ TEN is a Layer-2 rollup running the EVM inside TEEs, secure hardware enclaves for encrypted smart contract execution. This enables “programmable privacy,” allowing contracts to process sensitive data without public exposure, while remaining fully EVM-compatible. By batching data to Ethereum for security and executing private logic off-chain, developers can build dApps with public interfaces and encrypted internals, no ZK required.
4/ Privacy matters because, in traditional blockchains, all data is public, leading to issues like front-running, MEV exploitation, and data leakage in AI or DeFi apps. TEN eliminates negative MEV by encrypting order books and transactions, enabling fair execution.
5/ For AI-native design, TEN supports shared encrypted state for decentralized confidential computation. This powers secure AI model training on private datasets, inference without data exposure, and autonomous AI agents that collaborate while preserving user privacy, use cases impossible on transparent chains.
6/ Real-world applications unlocking growth: TEN is purpose-built for megatrends like AI and iGaming. Imagine on-chain games with truly fair randomness (secured by TEE-generated entropy), dark pool trading for institutions, or private data processing for machine economies.
7/ We’ve already seen early breakthroughs from TEN’s Zero to TEN Incubation Cohort, with builders creating encrypted autonomous agents and confidential web services. Even pre-mainnet, TEN has attracted over 630,000 wallets, 11,000+ deployed contracts, and 10+ projects in incubation, including real, user-facing applications that showcase encrypted app engagement. We supported them because this isn't just another L2, it's a network encrypting Ethereum to scale Web3 securely. What's your take?
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