blockchain and cryptocurrencies to empower financial freedom — temtum (TEM)

in #temtum • 5 years ago (edited)

temtum is a new, lightweight, peer-to-peer cryptocurrency where all and sundry can guide the Temporal Blockchain network, growing a new world of economic freedom away from centralised institutions

The velocity of the Temporal community is unrivalled by means of any present blockchain technology, with 120k TPS finished in our lab surroundings and theoretically unlimited, directly influenced through the scale of the network.

The ultra-lightweight architecture, efficiency and consensus of transactions on Temporal leads to great verification speed.

Temporal permits for short term records storage on nodes, while preserving the integrity of the blockchain and its full history. With our consensus algorithm, transactions are no longer required to be sent to each and every node, rather sent directly to the leader node. Therefore, no wasted sources spent in the useless duplication of messages.

This discount in storage and processing energy makes participation in the community from low-resourced devices possible, even as the use of much less power than current blockchain technology. 

Uniquely built round the NIST beacon, Temporal declares full-entropy bit-strings in blocks of 512 bits every 60 seconds. This steady method for producing randomness, unpredictability, autonomy, and consistency creates a key theoretically impossible to precompute. Temporal’s quantum mechanics and the use of mild over processors, creates a level of randomness by no means before experienced in computing.

Temporal community topology and protection implementation has been examined by means of Crest accepted firm BSI a couple of times and located to be exceedingly secure and sturdy and validates our claims. 

Our consensus algorithm eliminates the requirement for mining, disposing of the want for fantastically wasteful and restrictive consensus mechanisms such as Proof of Work.

Proof of work currently requires trillions upon trillions of pointless electricity intensive computational calculations in order to affirm transactions.

With our unique consensus algorithm we reduce this to a single calculation which each node can independently calculate and arrive at the equal result.

BlockchainResearch

We’ve spent the previous 5 years getting to know Blockchain and boast the solely Blockchain PhD as part of our founding team. This lookup led to the development of the greatest Temporal Blockchain, in contrast under to what is currently considered the main science in the industry.

Technology Roadmap

To demonstrate the technical capabilities of the temtum network — and how few sources a node is required to have in order to take part in the blockchain — we deployed custom code on the head unit (HU) of a BMW i8 as section of a mobility centered project. This allowed the automobile to feature as a utterly working node, capable of confirming transactions as the vehicle used to be driven. The loading of the code into the auto did not have any influence on its performance and was once capable to run in the background.

Even although the computing energy in the i8 is notably less than ordinary computers, it persistently tested the potential to verify 500 TPS. We believe this is a world-first where a car has been in a position to act as a full node besides the requirement of extra hardware.

Further tendencies of the mobility mission have centered on two principal areas:

The introduction of a mesh network the usage of vehicles as nodes, facilitating node-to-node communication; and

How this can be built-in into the wider temtum network.

Two test cars, a BMW 220i, and the show off BMW i8 have been used all through testing. As in the preceding improvement cycle, we did not add any extra hardware and only the software program on the iDrive systems had been modified. We observed that the BMW 220i, while a appreciably much less superior in terms of digital structures than the i8, used to be still able to fully participate and gain the identical degree of performance as a full node (able to keep the Temporal Blockchain and verify transactions when required) as the flagship i8.

After demonstrating that an entry-level BMW is wholly capable of collaborating in the temtum community as a node, we also done a mesh network between cars. This allowed the BMW 220i to have its personal mobile community connection disabled, leaving it besides web get entry to and instead receive records at once from the i8.

Receiving statistics from the i8 to the 220i directly, the place Temporal and all transactions are also using cryptography, would now not current an assault vector. The capacity to communicate with motors that do not have an active internet connection increases the possibility for older automobiles to take part in the network, while removing any cellular information expenses and reducing costs for network participation.

Sideloading our utility into the present leisure system of the older model BMW showed no performance degradation to the driver. Testing is below way to practice this principle to greater car brands, along with a 2018 Renault Megane, which will allow for direct cross-platform (i.e. from brand A to manufacturer B) communication.

More than half-a-million BMW cars have been registered in the UK from January 2014 to January 2017, with every automobile more than succesful of taking part in and supporting the temtum network. With community scale growing assault costs, participation by present mobility infrastructure could sooner or later secure temtum past levels viewed with present networks, except the need for luxurious energy consumption.

Although the environmental have an effect on of fuel-powered cars is of some concern, making use of science that’s already in use and reducing the burden of such networks as Bitcoin on global energy assets is a fantastic move earlier than greater sustainable automobiles start collaborating in the temtum network.

The Team

Dr Douglas Meakin — President

Douglas is an experienced technical executive with many years working inside engineering, product development, first-class structures and approaches and operations in leading-edge science industries. He is a established business and operations leader and agent of change in a global context, having transitioned giant companies globally while managing big will increase in scope, complexity and business volumes. He is dedicated to high quality and motivational management of groups and development of human potential. Most currently Douglas used to be the corporate vice president of world supplier administration at Lam Research Corporation, a leading provider of semiconductor processing equipment, based totally in Silicon Valley, California. Doug is CEO of temtum and sits on the board of directors.

Richard Dennis — Chief Development Officer

Richard is the founder of Dragon, and a globally acknowledged, prolific and prodigious cybersecurity and cryptography expert. He is additionally internationally recognized as one of the world’s main cybersecurity lecturers with a specialism in impenetrable networks, blockchain and encryption. He has a big body of published research, referred to 100’s of times inside Blockchain, and shows on next-generation options across a large vary of subjects, along with Bitcoin wallet vulnerability, an evaluation into the scalability of Bitcoin and Ethereum, and a formal analysis of the Temporal block.

Ginger Saltos — Chief Technology Officer

Ginger has an MSc in Security IT, MSc in Forensics IT and has labored substantially as a telematics engineer. She has 5 years of experience throughout public and personal groups in protection auditing in Ecuador and she has advised the Ecuadorian authorities about protection on systems, policy and procedures. She is currently a professor at ESPOL, teaching programming, databases, security IT and Forensics IT. Open-Sec Ethical Hacker Certificate OP3N-53C 37H1C4L H4CK3R (OSEH). She is additionally a PhD candidate on the subject of ‘Analysing Malware using Phylogenetics.’ Her key specialisms are synthetic intelligence and web security.

Dr Gareth Owenson — Chief Information Security Officer

Gareth holds a PhD in Computer Science and a BSc in Internet Technology and is a specialist in internet security, cryptography and allotted systems. He has performed research in giant dispensed structures with a particular interest in cryptographic applications such as darknets and digital forensics, which include growing computerized analysis strategies to hastily reverse engineer superior malware to determine its functionality and increase countermeasures. He has authored many publications in journals and conferences and normally serves as a referee for Elsevier, IEEE and CHINACOM. He has conducted a massive study into the use of darknets; he is extensively known as an professional in this discipline and often speaks on this topic. He has also counseled the UK and US governments on darknets and net filtering policy.

David Hodkinson — Chief Financial Officer

David is the co-founder and CEO of Harvex, a professional company working with consumers in the cryptocurrency, blockchain and on line gaming sector. He has worked with multiple high-value ICO’s, advising on worldwide structuring, banking and tax. As a certified accountant, he has overseen the monetary affairs of a wide vary of cryptocurrency companies. Alongside this, he has been concerned in the strategic launch of more than one on line gaming companies and the integration of cryptocurrency with these platforms.

Cyntia Aguirre — Chief Software Architect

Cyntia is a Master of Science in Software Engineering with a sturdy background in software program improvement and IT architecture. She has four years’ journey each creating as a full stack developer and designing and imposing software program as an IT architect for the economic enterprise (Banco del Austro S.A.). She additionally holds a PMP accreditation (Project Manager Professional) licensed via the Project Management Institute USA. 

Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2179671

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