Temtum - evolved blockchain and cryptocurrency

arsenalx420 (6)in #blockchain • 6 years ago

Introduction
Ultra lightweight and super fast. That is what I am looking for when I am searching for a program to do anything ranging from opening images to editing video. Heavy and slow applications irritate me, and a lot of people share the same feeling. Sluggish programs invoke something primitive in our lizard brains, similar to a sense when an animal is caught in a trap. We feel that the darn stupidly slow program traps us, and we just want to get on with our lives, just like when we are stuck in traffic. Temtum, as a cryptocurrency and temporal blockchain, is the solution just for that, it is super fast and ultra lightweight. Temtum is created by researchers, and the temporal network it uses is heaps better than the blockchain structure we have been using up until now.
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about temtum
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

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.

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.

What is achieved by such advantages:

a unique consensus algorithm that, unlike energy-intensive Proof of Work, reduces to a single computation by any independent node;

high degree of security thanks to the NIST beacon, which is capable of generating accidents impossible for hacking and computing;

short data storage time on various energy resources, information is transmitted directly to the main node;

high speed network, it is 120 000 TPS.

Such a blockchain is reasonably suitable from the environmental side for the preservation of both nature and human health, makes it available to everyone who wants to participate in the maintenance of the network even from a mobile phone with low energy consumption, the main thing is that the Internet is turned on. Zero fees allow you to make large amounts of transactions.
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The team consists of the strongest developers and programmers of the blockchain field, who have published several research papers consisting in corporate business projects that relate to the FTSE 250. To date, the web version and mobile application of the platform are ready, the network has been fully tested.

temtum solves these problems
Scalability: The Temporal Blockchain eliminates the need to store the entire chain history on all nodes by locally archiving data, while preventing competition in node selection.
Speed: The speed of the temtum network is limited only by the hardware and bandwidth of network participants.
Resources: temtum’s Consensus Algorithm, constructed around leader nodes and our innovative Node Participation Document, removes the need for mining and wasteful, inefficient and restrictive Consensus mechanisms such as proof-of-work.
Security: Temporal is a quantum-secure blockchain network that uses a photon source for genuine random number generation alongside next-generation hashing algorithms.
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VISIONS OF THE TEMTUM PLATFORM

To make available opportunities that have never been leverage upon in since the invention of blockchain.
To bring about the needed evolution to blockchain thereby leading to the growth and flourishing of cryptocurrencies.
To assist in the securing of a decentralised, distributed and a future that is democratic for crypto transactions

SPECIFICATIONS OF THE IDENTIFIED SHORTCOMINGS AND SOLUTIONS

Speed

Most of the crypto that ever existed is extremely slow. It takes Bitcoin nothing less than ten minutes for the complete execution of a transaction. This shortcoming made caused a reduction in the number of people that fully adopt the cryptocurrencies for the transaction.

To tackle this shortcoming, an extremely effective consensus Algorithm has been prepared for the absolute removal of limitations from the size of block. This is to ensure that transaction confirmation to a block is within the twinkle of an eye which is 12 seconds.

Conclusion

The idea and technology behind the Temtum is outstanding. Temtum team project managers and engineers are highly reputed as we notice they are dealing a huge set of launches where they are integrated into a secure communication system. The team is with a solid background who are experts on this special matter. They look like they know what they are trying to do on the blockchain. After studying all the major concepts from their whitepaper I have a high of seeing Temtum succeed as it truly has the potential to rock the market and also investing into this project won't be much challenging for major investors.

For more information you can visit Temtum's official site and read their whitepaper. The links can be found below.
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WEBSITE: https://temtum.com/