Today blockchain and cryptocurrency technology help to get rid of many intermediaries in the form of banking and other electronic payment systems. Someone a few years ago became an active miner and made a large fortune, and now it is difficult for an ordinary person to compete with large farmers and buy expensive equipment for bitcoin mining.
Therefore, a more profitable option for generating income from the digital market is their purchase, trading on exchanges. But at the same time revealed some disadvantages of this technology in the form of the need for scalability of the network, increasing the speed of transactions, reducing fees under heavy loads.
To confirm transaction in the Bitcoin network spends an enormous amount of energy, the farm trying to locate in areas remote from places of human habitation plants or areas, as they produce a loud noise, downloading the blockchain takes a very large amount of memory, in the days of congestion the commission can sometimes be as much as 10-15 dollars.
It is logical that such problems slightly repel people from the use of cryptocurrencies in everyday life and this hinders the development of this innovative technology on a global scale, and in fact it is very useful for the transition to a completely new level of life of people, the economy, makes it possible to store funds on their personal wallets without intermediaries.
And an excellent solution and elimination of such shortcomings is developing a project called Temtum. Let's study it in more detail.
This blockchain is created by Dragon Infosec and is called Temporal and allows each user to maintain its functioning without the need to spend a lot of energy and makes it possible to do without intermediary providers to perform financial transactions at any distance.
What is achieved by such advantages:
- a unique consensus algorithm that, unlike energy-intensive Proof of Work, reduces to a single computation by any independent node;
- high degree of security thanks to the NIST beacon, which is capable of generating accidents impossible for hacking and computing;
- short data storage time on various energy resources, information is transmitted directly to the main node;
- high speed network, it is 120 000 TPS.
Such a blockchain is reasonably suitable from the environmental side for the preservation of both nature and human health, makes it available to everyone who wants to participate in the maintenance of the network even from a mobile phone with low energy consumption, the main thing is that the Internet is turned on. Zero fees allow you to make large amounts of transactions.
The team consists of the strongest developers and programmers of the blockchain field, who have published several research papers consisting in corporate business projects that relate to the FTSE 250. To date, the web version and mobile application of the platform are ready, the network has been fully tested.
This blockchain project can completely solve the existing problems of this technology and provides quite useful products for daily use, eliminates the possibility of 51% attack on the network, increases speed, scalability, reduces energy costs. The team plans to distribute tokens by IPO on several exchanges. I recommend you to follow the development of Temtum on these links below:
WHITEPAPER ON ENGLISH: https://temtum.com/downloads/temtum-whitepaper.pdf
Username : Ozie94
ETH : 0xDa2F65ea0ED1948576694e44b54637ebeCA22576