TEMTUM: THE NEW MEDIUM OF EXCHANGE

kessypatty (35)in #blockchain • 5 years ago (edited)

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The cryptocurrency ecosystem continues to soar higher despite the myriads of challenges that constantly confront it head-on. From low scalability to data insecurity, speed and decentralization, it is apparently becoming a nemesis for a number of blockchain innovators out there to come up with a one-off solution that will stem the tide of the continual ugly technological threat posed by the advancement in the virtual business.
So with the introduction of Temtum, a blockchain that apparently seeks to put an end to a couple of incessant issues in crypto and inter-blockchain interaction, a truly global solution is right here with us.
What is Temtum?
Temtum is a new medium of exchange innovation in the crypto world. It is a blockchain technology platform that looks to make available and accessible all the benefits that cryptocurrecy investment offers. Temtum blockchain will help secure for crypto investors and blockchain innovators a truly distributed, decentralised and democratic investment environment for financial transactions. In addition, as a virtual medium of exchange platform, Temtum will operate as an environmentally friendly system that give opportunities to all
Temtum Four Key Focus Areas
Temtum seeks to address four focus issues determine the success or failure of investment in crypto currency and peer-to-peer blockchain interaction. They are security, scalability, speed, and resources mining.
What’s Unique about Temporal Blockchain
• Secure: Temtum, a temporal network enabled and powered as a quantum-secure blockchain network, is unique for its use of a photon source to generate open random number. This will work along with next-generation hashing algorithms to check the blockchain network from being susceptible to commonplace and complex attacks. As a self-check project, Temtum is designed to even thwart any threat photo can emerge in the event it becomes one.
• Fast Speed: The network works with a highly efficient consensus algorithm that gives transactions within 10 to 12 seconds. The speed of the Temtum network is such that participants don’t have to wait for additional blocks before they receive confirmation of their transaction. No other blockchain does that. On Temtum network, there is no room for malicious fork as it is often prevalent with Bitocin. What limits Temtum speed is the hardware and bandwidth of network participants; and that is outside the control of any blockahin network.
• Highly scalable: With a truly decentralized system, Temporal Blockchain allows anyone with a smart device to freely participate in its system. What it does is that it rids the entire blockchain ecosystem of node selection competition. Hence, the existing model of having to store the entire chain records on all nodes through data archiving is completely eliminated. This gives room for high scalability.
• Economy of resources: What currently obtains in the crypto and blockchain ecosystem is the unnecessary mining and limiting proof-of-work (PoW) network which often restricts participants and leads to wasteful and inefficient use of resources. However, Temtum is designed to consume insignificant amount of energy. That kind of mechanism naturally prevents pulverized environment. Besides, Temtum is 16,573,693 times less in terms of energy consumption than Bitcoin.