High energy consumption remains one of the most teething issues plaguing the cryptocurrency ecosystem today besides the prevailing issues relating to scalability, mining resources and security. Even with the deployment of quite a number of blockchain technologies in the industry, energy consumption remains a major concern. In fact, as it stands in the ecosystem today, a rough estimate shows that the overall Bitcoin network stands at 16,573,693 times more costly than the temtum network. But what is Temtum and how does it guarantee efficient energy conservation in the virtual investment platform?
Temtum Energy-efficient system
At a glance, temtum network delivers an enhanced experience in terms of fast speed, reusable resources, low energy costs, environmental impact and true decentralization. The network Temtum is designed with Consensus Algorithm which works withTemporal Blockchain technology, and the network is able to verify all transactions within a short period of time, almost instantly. That design also allows for transaction to take place with one machine at a time. A temtum network operates with Temporal which gives room for local nodes to archive data, thus reducing the amount of unneeded data that uses the storage space. Temporal allows for a short-term data storage on nodes. This data storage and emptying system integrates temtum into low-energy smart devices, including smart phones, personal computers, servers, devices, smart car and IoT devices. The temtum network works efficiently and runs at functional and optimal level on these low-power devices.
Essentially, the system does not follow the traditional proof-of-work model used by Bitcoin. Instead, the blend of the temtum Consensus Algorithm and Temporal technology is leverage for the temtum network to deliver extremely high transaction throughput without any energy requirement. Temtum network node operates on a standard home device that utilizes a single core of an Intel i7 2.60 GHz and 16GB of RAM. The estimated energy consumption of this machine is put at 200 watts. Yet, the device is able to confirm all transactions within seconds and supply all details demanded by every network participant.
The energy consumption of Temtum is far low than what Bitcoin alone consumes. A study early in the year showed that Bitcoin consumes about 74 TWh, amounting to 0.33% of world’s electricity consumption. In terms of affordability, too, Temtum also offers a better alternative. The transaction cost of the network is estimated to be 36,633,497 times cheaper than Bitcoin transactions. In fact, the temtum network load dos not charge any fee for transaction.
Conclusion
For any mass adoption to take place in the cryptocurrency, there must a genuine network that will help upscale the current energy consumption issues. And that is exactly what temtum seeks to solve. Once, a network is able to allow low-energy devices to access it, then it becomes easier for as many people to come on board and embrace the entire system. The focus of temtum is not only about cryptocurrency and blockchain industry; it also concerns itself with the environment. The release of little energy into the space protects the environment while guaranteeing improved life expectancy.
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
BTT Name: Osasu
Btt Profile Link: https://bitcointalk.org/index.php?action=profile;u=2591997