TEMTUM: THE NEEDED BLOCKCHAIN NETWORK
Blockchain keeps evolving with each passing day while growing in value. From when blockchain was introduced to now, there have been many developed blockchains with the aim of solving one problem or the other found within Bitcoin blockchain. Yes, Bitcoin blockchain as all blockchain took a leaf from it.
Talking about solving Bitcoin's issue, what actually are these issues? The first is the issue of low speed which thus hindered the growth of the crypto space; this is because Bitcoin speed is very low as well as the confirmation rate. Another major problem with Bitcoin is, it's high energy consumption rate which isn't environmentally friendly thus threatening the world energy.
With these issues within Bitcoin blockchain, it can be said vividly that scalability is found wanting, therefore if the blockchain space must be embraced by all and sundry it needs to be scalable.
However, in order to ensure the blockchain space is scalable led to many blockchains coming up but yet the issue of low speed and as such scalability is yet to be achieved.
But just as the world is Innovative we now have a new solution, a new project which aims to build a scalable blockchain which will also be used by different payment system; this is known as TEMTUM.
WHY IS IT TEMTUM?
In every new system or blockchain, the question always asked is why should I use this system? etc. So in this scenario, why is it Temtum?.
Attributable to the way Temtum is built, it aims to offer a proficient blockchain where quantum-secure and ultra-fast highlights will be available in this way filling in as a superior option in contrast to fiat currency while being productive for an independent wallet-to-wallet premise. To make it all the more fascinating, Temtum can without any fuss be fused into current payment systems in this way fulfilling the necessities of organizations and users.
Moreover, Temtum was created just as authorized by Dragon Infosec which is a group of exceedingly experienced cryptographers whose goals is to settle the Issues existing in peer-to-peer payment systems, thus being something beyond a cryptocurrency. In order words, it is a blockchain made to tackle issues which will set the way to mainstream use of blockchain.
To understand Temtum better, the name "TEMTUM" is a blend of two ideas which decides the idea of the blockchain; the first is "TEM" which means a TEMPORAL blockchain and the second is "TUM" which means quantum randomness.
From these, it is evident that the basic innovation existing within Temtum makes it an exceptionally progressed blockchain which will set new statures in the part of speed, security, scalability and productive resources utilization. With this, Temtum will be a global blockchain which will be utilized in standard payment systems.
Also, Temtum's blockchain is the right step in the right direction because it stands out on the grounds that within its blockchain, speed is only restricted by the hardware and bandwidth of network participants. This is on the grounds that, Temtum was made to utilize a profoundly productive consensus algorithm where block size constraints were expelled hence confirming transactions occurring in a block quickly with an astounding confirmation time of 12 secs.
Furthermore, Temtum consensus algorithm is developed to allow just a leader to be chosen anytime; accordingly eliminating any risk of a malicious fork. In addition, Temtum's consensus algorithm uses less energy thus offering to the world a blockchain which is environmentally friendly.
One of the reasons that make Temtum the needed blockchain is that with Temporal technology, Temtum blockchain network will have an archivable feature where blockchain data storage is dispersed over a few nodes in this manner permitting low-end gadgets to utilize Temtum network.
Thus one can see that with Temtum, it very well may be seen that the issue of payment delays is solved. It is worthy to know that, Temtum blockchain is fully developed and active while achieving up to 120k TPS.
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