TEMTUM: A SUPER FAST BLOCKCHAIN NETWORK

emmy92 (42)in #blockchain • 5 years ago

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Ever since the first blockchain technology was created which is Bitcoin, different blockchains have followed suit with the aim of solving the issues associated with Bitcoin. It is worthy to know what Bitcoin is the first complete decentralized blockchain which ushered in transactions ledger thus making it possible for users to deal on a peer-to-peer basis, this then ensures transparency and trust as all details are open to the transacting parties. The second blockchain which followed suit is Ethereum where the use of smart contracts was created thus making all agreements between users to be adhered to. But one major problem (amidst others) exists within Bitcoin and Ethereum blockchain which is low speed or low TPS (Transactions Per Second). This issue has to an extent halt the mass adoption of blockchain on a global scale; think of it, imagine paying for a service then waiting for mins or hours for the transaction to get confirmed, it is really not friendly.

In order to solve this issue led to many blockchains coming to limelight with each promising a certain TPS which will be higher than that of Bitcoin and Ethereum, but yet none has been able to achieve or solve the issue.
However, today a new solution has emerged, a blockchain which is fully developed with the right solution to Bitcoin low TPS, a blockchain known as TEMTUM.

KNOWING TEMTUM

To begin with, the name "TEMTUM" is a combination of two concepts which determines the nature of the blockchain;
a. TEM: Which means a TEMPORAL blockchain.
b. TUM: Which means quantum randomness.
Thus one can see that the underlying technology within Temtum makes it a highly advanced blockchain which will set new heights not only in the aspect of speed but in security, scalability and efficient resource usage. With this, Temtum will be a universal blockchain which will be used in mainstream payment systems.

In addition, owing to the way Temtum was created it becomes an efficient blockchain where quantum-secure and ultra-fast features will be present thus serving as a better alternative to fiat money while being efficient for standalone wallet-to-wallet basis. To make it more interesting, Temtum can easily be incorporated into current payment systems globally thus satisfying the needs of businesses and users.
From this, it can be seen that the issue of paying and waiting for mins or hours has been solved by Temtum.

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WHY TEMTUM STANDS OUT

Temtum or Temporal blockchain was developed as well as licensed by Dragon Infosec which is a team of highly experienced cryptographers and developers whose aim is to solve the issues existing in peer-to-peer transactions systems.
Temtum is more than just a cryptocurrency, it is a system created to solve issues which will set the path to blockchain adoption on a global scale through offering a robust and scalable blockchain which will benefit all and sundry.

Temtum stands out because, within its blockchain, the speed can only be limited by the hardware and accompanying bandwidth of network participants; that is to say, Temtum speed works without limits. This is because Temtum was created to use a highly efficient consensus algorithm where block size limitations were removed thus confirmation of transactions occurring in a block as fast as possible with a whopping maximum confirmation time of 12 secs.

Furthermore, Temtum's consensus algorithm is built to allow only one leader to be selected at any point in time; thus removing any iota of a potential malicious fork. In the same way, Temtum's consensus algorithm is energy efficient thus standing out from the high energy consumption of Proof-of-Work consensus algorithms.
Another reason which makes Temtum stands out is the fact that with Temporal technology, Temtum blockchain network will have an archivable nature where blockchain data storage is distributed across several nodes thus allowing low-end devices to use Temtum network.

CONCLUSION

Temtum is a unique approach to the issues within the current blockchain, this is seen in its way of building an energy-efficient network as well as not restricting users based on their device capacities.
With Temtum, there is scalability which is needed to ensure the growth of the blockchain space. The currency of the platform is known as TEM which is used as a medium of exchange, on e-commerce systems etc.