TEMTUM : TEMPORAL BLOCKCHAIN AND QUANTUM RANDOMNESS, A FUSION FOR CHANGE IN THE BLOCKCHAIN TECHNOLOGY.

in #blockchain5 years ago

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Preamble

Blockchain Technology is a technology that has since its introduction has placed a well marked footprint on all of the sectors in the cryptocurrency society. Not just that, blockchain technology has also been adopted into the operation of several industries. But despite all of these and more, the blockchain technology is experiencing a hitch and this has brought about frictions in the confirmation, verification and validation of transactions. This is the reason for the emergence TEMTUM platform.

About The TEMTUM Platform

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The TEMTUM platform is a unique platform that is formed via the merging together of two protocols to become one. The QUANTUM RANDOMNESS and the TEMPORAL BLOCKCHAIN, these two protocols are known for their efficiency and effectiveness, so they come together to add this value to the blockchain technology. They come up with an algorithm that cannot be attacked theoritically. it looks forward to solving the challenges around the blockchain technology. They will also make the use of nodes quite easy for their users. This platform is very much flexible and allows users to participate without any restrictions. The confirmation of transaction will take place within a space of 10 to 12 seconds.

TEMTUM Vision

The TEMTUM platform is a platform that believes in the blockchain technonology, they wouldn't want this amazing technology to loose its effectiveness and efficiency, so make sure that transactions that will be carried out in the future is well decentalized, adequately distributed and is democratic in nature. This platform will build a future that involves everyone and anyone, this future is not toxic and will not pose any form of threat to the environment, they also look forward to being the platform for exclusive exchange in the future.

Challenges Of The Current Blockchain Technology

The blockchain technology is experiencing a plague, and among them are;

  • Security / Privacy : what seems to be a good thing has turned sour, this is so because of the transparent nature of blockchain technogy, since this is vivid and open for anyone to see, some well trained hackers are able to evade the data of users, and then make wrong use of it, thereby extorting money and valuable data from users.

  • Speed : the process by which transaction are processed on several blockchain technologies are uncommonly slow, since one transaction takes up to 15 minutes to verify and confirm and solely depends on a high-performance, this has made blockchain inappropriate for payment.

  • Scalability : it has now become an issue for most blockchain technologies to become fully scalable, and this has caused users to be forced to pay a ridiculously high fee, and it also takes a lot of process to be fully a participant. It is expected of a blockchain technology to maintain low latency while carrying out a transaction.

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Solution Proffered By The Platform

  • Security : Temporal will prevent the vulnerability of the network and exterminate any form of theoretical attack, they will ensure this making use of the photon source and its reliable algorithms.

  • Speed : Via the removal of block size limitations and the introduction of consensus algorithm temtum will make sure of a quick confirmation of transaction that will take place at most 12 seconds.

  • Scalability : Temporal Blockchain will be used to disrupt the storing of chain history by simply archiving it, they will also remove the competition that takes place in the selection of nodes. By so doing it will pave way for the delivering of genuine decentralization and scalability.

Meet The TemTum Team

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Conclusion

It is unfortunate that some loop holes has been found in the operations of blockchain technology, and this has caused more harm than good, but notwithstanding the TEMTUM platform has come to make all things better and easier, while they are removing some limitations that will be also be drawing a no-cross line that will keep off hackers and improve security and privacy on the platform.

Useful Links

Website : https://temtum.com/
Whitepaper :https://temtum.com/downloads/temtum-whitepaper.pdf
Telegram :https://t.me/temtumcommunity
Twitter :https://twitter.com/wearetemtum
Facebook :https://www.facebook.com/wearetemtum
Discord :https://discord.gg/hs3v4g4
Reddit :https://www.reddit.com/r/temtum
Medium :https://medium.com/temtum
Linkedin :https://www.linkedin.com/company/temtum/
Youtube :https://www.youtube.com/channel/UCxEJq-piVp83Cm3yAOtQgkg
Github : https://github.com/temtum

Writers details

BTT Username: Oyimeelijah
BTT link: https://bitcointalk.org/index.php?action=profile;u=1982524

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