Approach an investor today and one of the questions you may be thrown at is, why do we need more blockchain networks? What happens to the current ones? What makes the current ones not to be efficient? What will the new one offer? You can't blame them because, in any affairs that relate to money, due diligence is always held on to ensure safety. Since those words "due diligence" surface that means there are underlying issues which lie within the blockchain space. Sincerely, you can't talk of changing the world without talking of the problems which need to be solved, since this is true; what are the issues which lie within the blockchain space that requires an urgent solution?
The principal issue constraining current blockchains today is making the blockchain adaptable to various platforms, systems, sectors and industries, this is on the grounds that most are not fully decentralized just as requiring high computational power. Another issue is the low speed which makes the processing of transactions as well as confirmation to take ages; this is true because when there is network congestion, it takes more time or even a day for a blockchain like Bitcoin to process and confirm transactions.
Besides, with quantum computing growing, it makes most blockchain which uses random generation of keys to be inclined to digital attacks. Other the hand, a study has demonstrated that blockchains utilizing Proof-of-Work (PoW) utilize a gigantic measure of electricity which isn't ecologically benevolent thereby risking the environment.
Then the next question; what is the way out? The answer is a new blockchain which is fully developed, tested in existing systems like in BMW i8 car known as Temtum.
TEMTUM: THE WAY OUT
When one says Temtum is fully developed and tested, it isn't a joke, but a reality; Temtum genesis blockchain has been minted thus showing the level of expertise within the platform.
Temtum blockchain network comprises of Temporal blockchain (Tem) and Quantum randomness (Tum); with these, Temtum is developed to be the most effective blockchain which can be effectively incorporated into standard payment systems in this way being utilized by anyone in any part of the world. So as to be completely prepared to fulfil the requirements of users, Temtum was made to be effective, ultra-quick, ecologically friendly, quantum secure while utilizing as low resources as conceivable in this way offering a cryptocurrency (TEM) which will fill in as a superior option in contrast to fiat.
Moreover, with Temporal tech, Temtum network offers a blockchain which will change the peer-to-peer system where security, speed, less energy and so on will be accounted for.
What Temtum Actually Offers
Scalability is the key thing found wanting in the blockchain space, Temtum will solve this issue by making it workable for data to be privately documented in nodes consequently making it feasible for users with low-end gadgets to use the network. Similarly, the Temtum network will be quick with the main factor restricting its speed to be the user's equipment or hardware just as their network transmission capacity which is known as bandwidth. This accomplishment is done with a consensus algorithm where the block size is eliminated consequently making transactions to be processed and confirmed rapidly.
Like prior expressed, Temtum utilizes a unique consensus algorithm which is more compelling and efficient than Proof-of-Work hence removing the need of mining, while at the same time utilizing less energy which is perfect for the environment. Moreover, Temtum network is secured through the utilization of quantum-secure innovation in this way keeping the network from being inclined to digital attacks.
CONCLUSION
Temtum plans to make the way to blockchain global use by offering a productive, versatile and secure blockchain which can be incorporated into current payment systems in all ways, using less energy to work. Also, Temtum network is developed to utilize Temporal technology to making chronicling of data conceivable in this way enabling all users to use its network efficiently.
In the same way, Temtum utilizes a consensus algorithm which is productive, accordingly dispensing any chance for a malicious fork.
FOR MORE INFORMATION ABOUT TEMTUM FOLLOW THE LINKS BELOW
Website: https://temtum.com
Telegram: https://t.me/temtumcommunity
Twitter: https://twitter.com/wearetemtum
Discord: https://discord.gg/hs3v4g4
Reddit: https://www.reddit.com/r/temtum
Medium: https://medium.com/temtum
Facebook: https://www.facebook.com/wearetemtum
LinkedIn: https://www.linkedin.com/company/temtum/
Whitepaper: https://temtum.com/downloads/temtum-whitepaper.pdf
Author's Bitcointalk Username: Flezy
Author's Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2187485