Temtum - Speed, Scalability, Low Resource, Security.
Hello Friends! Welcom to my article!
The blockchain is an undeniably ingenious invention – the brainchild of a person or group of people known by the pseudonym, Satoshi Nakamoto. But since then, it has evolved into something greater, and the main question every single person is asking is: What is Blockchain?
By allowing digital information to be distributed but not copied, blockchain technology created the backbone of a new type of internet. Originally devised for the digital currency, Bitcoin, the tech community has now found other potential uses for the technology.
In the following article, I will introduce to you a project based on bloclchain technology technology with super-fast super light network.
Temtum is a new, lightweight, peer-to-peer cryptocurrency where anyone can support the Temporal Blockchain network, creating a new world of financial freedom away from centralised institutions.
Outstanding features
- Low Energy: A unique consensus algorithm that does not require high end computing hardware to confirm transactions makes Temporal a greener blockchain solution.
- Block Data: Data is not required by nodes to be stored locally forever on machines, making Temporal highly efficient and extremely lightweight.
- Feeless: Zero embedded transaction costs on the network, making temtum a powerful cryptocurrency for high volume trades and transactions.
- Instant: With block confirmation taking just 12 seconds, 5 blocks per minute, TEM transactions are near instant no matter the amount being sent.
Their aim is to allow every user to be able to fully participate in the network, no matter the device, from a mobile phone to an IoT device or even a smart car. The only requirement is the device must have an active internet connection.
I believe that with the vision and outstanding features on TEM network, a new era of trading will open, apply strongly to reality.
Speed
The speed of the Temporal network is unrivalled by any existing blockchain technology, with 120k TPS achieved in our lab environment and theoretically unlimited, directly influenced by the scale of the network.
The ultra-lightweight architecture, efficiency and consensus of transactions on Temporal leads to incredible verification speed.
Scalability
Temporal allows for short term data storage on nodes, while keeping the integrity of the blockchain and its full history. With our consensus algorithm, transactions are no longer required to be sent to every node, instead sent directly to the leader node. Therefore, no wasted resources spent in the needless duplication of messages.
This reduction in storage and processing power makes participation in the network from low-resourced devices possible, whilst using less energy than existing blockchain technology.
Security
Uniquely constructed around the NIST beacon, Temporal broadcasts full-entropy bit-strings in blocks of 512 bits every 60 seconds. This stable method for generating randomness, unpredictability, autonomy, and consistency creates a key theoretically impossible to precompute. Temporal's quantum mechanics and the use of light over processors, creates a level of randomness never before experienced in computing.
Temporal network topology and security implementation has been tested by Crest accredited firm BSI multiple times and found to be highly secure and robust and validates our claims.
Low Resource
Our consensus algorithm removes the requirement for mining, eliminating the need for highly wasteful and restrictive consensus mechanisms such as Proof of Work.
Proof of work currently requires trillions upon trillions of pointless energy intensive computational calculations in order to confirm transactions.
With our unique consensus algorithm we reduce this to a single calculation which each node can independently calculate and arrive at the same result.
Core Team & Advisors
One of the strongest teams in the Blockchain industry, temtum is made up of cybersecurity and cryptography published experts, with a wealth of experience in not only blockchain but corporate business at board level in FTSE 250 companies.
Partners
See more:
- Website: https://temtum.com/
- Whitepaper: https://temtum.com/downloads/temtum-whitepaper.pdf
- Facebook: https://www.facebook.com/wearetemtum
- Twitter: https://twitter.com/wearetemtum
- Telegram: https://t.me/temtumcommunity
Proof:
Bitcointalk profile URL: https://bitcointalk.org/index.php?action=profile;u=208986
ETH: 0x8709c025fc8b71dc7720229778e84c57eb31434e