TIM - when speed meets geolocation
Sometimes, it is hard to find the projects that are really promising or able to succeed, as there are plenty of ICOs out there, asking for your support. I know how that feels, I have my own hard times trying to filter the good ones from the weak ones, but let me tell you this (over and over again): the good projects will succeed, no matter what!
It’s a matter of time.
They do not always distinguish themselves too obviously right from day one, but if you give them time, you’ll have the signals that you expect for.
There are a few ICOs that are obviously a future hit even before their launch, though. It is not always easy to spot them, but once you do, you should better not miss the opportunity to be one of their early backers. I am not a crypto-sphere veteran, but I’ve seen so many ICOs already and I can tell you this: at some point, you’ll know when you found what you were looking for!
If you ask yourself why do I write this article, you probably think that I have another ICO to talk about. You know what? You are so right! I just found another promising project to talk about and, as usual, I want to share it with you!
Let’s take a look at TIM and allow me to explain why I chose to talk about it!
DISCLAIMER: This is NOT financial advice!
I’ll try to keep things simple: I am not trying to convince or influence anyone. You don’t have to take what I say for granted. If you want to agree with me, I have a thousand reasons to for you. If you want to disagree, I have none. It’s just my humble opinion and I’ll keep it honest. This time, I will try to briefly explain the reasons that made me choose TIM, so that you can easily understand its value. No need to over-explain it. Since it’s a good project, that should be enough.
TIM – The Internet of Money
If you ever read some other article(s) of mine, you know what I always look for, when talking about a project: it’s the team.
Let’s see what TIM has for us:
As you can easily see, the team is extraordinarily skilled in a suite of programming languages, allowing it to develop the ambitious product that they aim to.
Next to the team, I always check the advisory board, to see who backs the team, as a guarantee that their target is achievable:
If you ask me, they chose some experienced advisors, as achieving the goals that this project aims to is not possible without a huge experience in various fields. Since the team managed to have this important detail covered, I consider this as another plus for TIM.
It’s now the moment to actually see what this project is all about. To put it in a single word, let’s check the idea. TIM aims to become the world’s first GPS-powered, Quantum secure blockchain, focusing on several key features:
- high transaction rate
- low transaction fee
- quantum secure encryption
- micro payment
- minimal mining power consumption
What’s so exciting about it, after all?
Using an elastic DAG architecture, TIM promises to provide a speed ranging between 100 TPS (transactions per second) and 100,000,000 TPS, which is an incredible speed, even with so many other competitors around here!
They recently got a 50,000 TPS speed using their testnet (6 shards and 36 nodes).
If this is not promising, I don’t know what else could be!
But how do they manage to achieve such speeds, after all, what’s the technology involved?
Long story short and in order to keep things simple (even if I have to use some tech terms…), TIM vertically divides the network using dynamic graphs known as DAG (Directed Acyclic Graph), where each graph uses an ABFT mechanism. TIM will have a 2-layered blockchain and divide all areas into triangles, using GPS-operated nodes.
This should make their ambitious TPS target achievable.
The last important feature that I will mention here is the fee-free subchain.
TIM will be able to host 2^60 subchains, that will offer the same level of performance and security as the main network. What is so exciting about these subchains is that they will allow people to personalize their use, in order to suit their own needs!
How long will it take until TIM will achieve its goals?
Let’s take a look at their short- and long-term roadmaps!
As I always mention, I hope that we are all here for the technology, but I know that there are some of you who are interested in the project sale(s), so here you have the token metrics:
I know that I tried to cover the main points regarding this project in a briefly manner...
Now you definitely know more about it, though!
As I always do, I strongly encourage you to do your own research and read the project’s whitepaper.
If you still have questions, you can address them to the helpful community on Telegram, or you can check by yourself all the useful the information available on Facebook, Twitter, LinkedIn (here and here), YouTube, Reddit or Medium.
As I already said above, you do not have to trust me without checking everything by yourself. This project and the technology behind it is simply too revolutionary, for it not to succeed!
It comes with some specific improvements to what other projects propose or aim to achieve. If you don’t think so, there’s no problem, nobody forces you to contribute or support this project in any way.
But let me tell you something: I will!
Even if I will be proven wrong.
Why?
Because I strongly believe in TIM’s future.
Only TIMe will tell if I’ll be right or not. ;)
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