What is TeQoin?
TeQoin is an EVM-compatible Layer-2 (L2) blockchain built on Ethereum using Optimistic Rollup technology. It provides developers and users with a scalable, cost-efficient alternative to Ethereum mainnet while maintaining the security guarantees of the Ethereum network.Layer-2 Scaling Solution
TeQoin operates as a separate blockchain that runs in parallel to Ethereum (Layer-1), processing transactions off-chain and periodically posting transaction data back to Ethereum mainnet.How TeQoin Relates to Ethereum
| Aspect | Ethereum L1 | TeQoin L2 |
|---|---|---|
| Transaction Speed | ~12-15 seconds | 5 seconds |
| Transaction Fees | $1-50+ per transaction | $0 (zero fees) |
| Security | Ethereum consensus | Inherits from Ethereum |
| Smart Contracts | EVM-compatible | Fully EVM-compatible |
| Finality | Probabilistic | Instant (optimistic) |
Optimistic Rollup Technology
TeQoin uses Optimistic Rollup - a specific type of Layer-2 scaling that:1. Assumes Transactions are Valid
1. Assumes Transactions are Valid
Transactions are assumed to be correct by default. This allows for fast processing without requiring validators to verify every transaction immediately.
2. Posts Data to Ethereum
2. Posts Data to Ethereum
All transaction data is posted to Ethereum L1, ensuring data availability and transparency. Anyone can reconstruct the L2 state from L1 data.
3. Allows Fraud Proofs
3. Allows Fraud Proofs
If someone submits an invalid transaction, anyone can challenge it by submitting a fraud proof within the 7-day challenge period.
4. Inherits Ethereum Security
4. Inherits Ethereum Security
Because transaction data lives on Ethereum and fraud proofs are enforced, TeQoin inherits Ethereum’s security model.
Core Components
🔄 Sequencer
The sequencer is responsible for:- Accepting user transactions
- Ordering transactions into blocks
- Executing transactions and updating state
- Posting transaction data to Ethereum L1
The sequencer provides instant transaction confirmation while batching transactions for efficient L1 posting.
🌉 Bridge Contracts
Bridge contracts on L1 and L2 enable:- Deposits (L1 → L2): Lock ETH on L1, mint on L2
- Withdrawals (L2 → L1): Burn on L2, unlock on L1 after 7-day challenge period
🔐 Fraud Proof System
The fraud proof system ensures:- Anyone can challenge invalid state transitions
- Challengers submit fraud proofs to L1
- Invalid transactions are reverted
- System remains secure without trusting the sequencer
Key Characteristics
Low Transaction Fees
Gasless Transactions
Users pay low in gas fees on TeQoin L2. This makes microtransactions, gaming, and frequent interactions economically viable.
- The sequencer covers gas costs
- Transaction costs are amortized across many users
- L2 execution is much cheaper than L1
Full EVM Compatibility
TeQoin is 100% compatible with Ethereum’s EVM (Ethereum Virtual Machine):No code changes required
Same development tools (Hardhat, Foundry)
Same libraries (Web3.js, Ethers.js)
Same wallets (MetaMask, WalletConnect)
Lightning-Fast Blocks
- 5-second block times provide near-instant confirmation
- Transactions feel instantaneous to users
- Perfect for interactive applications and gaming
Ethereum-Grade Security
Data Availability
All transaction data is posted to Ethereum, ensuring anyone can verify the state.
Fraud Proofs
Invalid transactions can be challenged and reverted, protecting user funds.
Censorship Resistance
Users can force transactions through L1 if the sequencer censors them.
Decentralization
Security doesn’t depend on trusting the sequencer - it’s enforced by Ethereum.
TeQoin vs. Other Solutions
Comparison with L1 (Ethereum Mainnet)
| Feature | Ethereum L1 | TeQoin L2 |
|---|---|---|
| Transaction Cost | $1-50+ | low-fee |
| Confirmation Time | 12-15 seconds | 5 seconds |
| Throughput (TPS) | ~15-30 | 1000+ |
| Security Model | Ethereum consensus | Inherits from Ethereum |
| Finality | Probabilistic (~15 min) | Instant (optimistic) |
Use Cases
TeQoin is ideal for:DeFi Applications
Low-cost swaps, lending, and yield farming with low gas fees
Gaming & NFTs
Frequent in-game transactions and NFT mints at low cost
Social & Content
Microtransactions for tipping, subscriptions, and social interactions
Enterprise Solutions
High-throughput business applications requiring low costs
How TeQoin Works (Simplified)
User Submits Transaction
Alice wants to send 1 ETH to Bob on TeQoin L2. She submits the transaction through MetaMask.
Sequencer Processes Transaction
The TeQoin sequencer receives the transaction, validates it, and includes it in the next block (5 seconds).
Instant Confirmation
Alice sees the transaction confirmed instantly. Bob receives the ETH immediately.
Data Posted to Ethereum
The sequencer batches Alice’s transaction with hundreds of others and posts the compressed data to Ethereum L1.
Security Guaranteed
For 7 days, anyone can verify the transaction was correct. If invalid, it can be challenged with a fraud proof.
Getting Started
Ready to use TeQoin?Add Network to Wallet
Add Teqoin Wallet for TeQoin L2
Get Testnet ETH
Request test funds from our faucet
Deploy a Contract
Deploy your first smart contract
Learn More
Deep dive into the architecture
Frequently Asked Questions
Is TeQoin secure?
Is TeQoin secure?
Yes! TeQoin inherits Ethereum’s security through fraud proofs. All transaction data is posted to Ethereum, and anyone can challenge invalid transactions. This means you don’t need to trust the TeQoin sequencer - security is enforced by Ethereum L1.
How long do withdrawals take?
How long do withdrawals take?
Withdrawals from TeQoin L2 to Ethereum L1 require a 7-day challenge period. This allows time for anyone to submit fraud proofs if the withdrawal is invalid. After 7 days, you can finalize your withdrawal on L1.
Can I use existing Ethereum tools?
Can I use existing Ethereum tools?
Yes! TeQoin is 100% EVM-compatible. You can use:
- MetaMask, WalletConnect for wallets
- Hardhat, Foundry for development
- Web3.js, Ethers.js for frontend
- Solidity for smart contracts
What happens if the sequencer goes down?
What happens if the sequencer goes down?
TeQoin includes censorship resistance mechanisms. If the sequencer is offline or censoring transactions, users can force their transactions through Ethereum L1 directly. This ensures the network remains accessible even if the sequencer fails.
Are there transaction fees?
Are there transaction fees?
No! TeQoin provides zero-fee transactions for users. The sequencer covers the cost of posting data to Ethereum L1.
Next: Learn Why Choose TeQoin over other scaling solutions.