TEMTUM — New Peer-to-peer Cryptocurrency That Supports the Blockchain Temporal Network
Hello everyone, this new post I want to introduce about a very interesting and good project that is Tentum, and for more details, let’s just go to the following discussion:
About Temtum
Temtum is a new, lightweight, peer-to-peer cryptocurrency where anyone can support the Temporal Blockchain network, creating a new world of financial freedom away from centralised institutions
The speed of the Temporal network is unrivalled by any existing blockchain technology, with 120k TPS achieved in our lab environment and theoretically unlimited, directly influenced by the scale of the network.
The ultra-lightweight architecture, efficiency and consensus of transactions on Temporal leads to incredible verification speed.
Temporal allows for short term data storage on nodes, while keeping the integrity of the blockchain and its full history. With our consensus algorithm, transactions are no longer required to be sent to every node, instead sent directly to the leader node. Therefore, no wasted resources spent in the needless duplication of messages.
This reduction in storage and processing power makes participation in the network from low-resourced devices possible, whilst using less energy than existing blockchain technology.
Uniquely constructed around the NIST beacon, Temporal broadcasts full-entropy bit-strings in blocks of 512 bits every 60 seconds. This stable method for generating randomness, unpredictability, autonomy, and consistency creates a key theoretically impossible to precompute. Temporal’s quantum mechanics and the use of light over processors, creates a level of randomness never before experienced in computing.
Temporal network topology and security implementation has been tested by Crest accredited firm BSI multiple times and found to be highly secure and robust and validates our claims.
Our consensus algorithm removes the requirement for mining, eliminating the need for highly wasteful and restrictive consensus mechanisms such as Proof of Work.
Proof of work currently requires trillions upon trillions of pointless energy intensive computational calculations in order to confirm transactions.
With our unique consensus algorithm we reduce this to a single calculation which each node can independently calculate and arrive at the same result.
How temtum (TEM) works
The temtum network achieves future-proof cryptographic security, extremely fast transaction speeds, energy efficiency, unprecedented transaction throughput, and true decentralized scalability.
Temtum is our token to be used as the method of exchange for goods and services using the Temporal Blockchain network.
NIST Beacon
We heavily utilize the NIST Randomness Beacon in the temtum consensus algorithm and as a timestamp in block generation. The NIST Randomness Beacon removes the need for energy-intensive Proof of Work consensus and eliminates the possibility of a fork in the blockchain or a double spend. temtum is the first cryptographic protocol to commercially deploy a successful implementation of a random number generated by the NIST Randomness Beacon.
Temtum Consensus Algorithm
We define a small subset of nodes which function as semi-trusted authority nodes. The number of semi-trusted authority nodes, a list of which ships with the temtum software, scales with network load. The function of semi-trusted authority nodes within the temtum ecosystem can be compared to the presence of similar nodes in the Tor decentralised peer to peer privacy network, which uses “directory authorities.”
Temporal Blockchain
Temporal technology provides the temtum network with a “deletable” blockchain, distributing blockchain data storage across a range of specialized nodes in order to allow low-powered devices to participate in the temtum network.
LEADER NODES
The temtum consensus algorithm selects trusted nodes at random to become a leader node
Leader nodes are responsible for all blocks within the 60-second window in which they are block leader, eliminating the potential of a fork. If the leader node goes offline during the time in which it is responsible for block confirmation, all unconfirmed transactions will be rolled into the next leader node’s block.
The NPD is critical in the process that results in the selection of the leader node
As every node participating in the temtum network possesses a copy of the NPD, each node is able to select the leader without reference to or querying any other node or central authority. Each node must maintain a copy of the NPD and can be queried for it at any time in order to reduce the load on authority nodes.
SYSTEM ARCHITECTURE
Improved Network Routing
With our improved network routing, the removal of the block size limit, and a system architecture that ensures a single pre-defined node confirms all transactions for a single minute, the only limitation to transaction throughput is the hardware and network bandwidth of network participants.
Simulated transaction throughput speeds of 120,000 transactions per second have been demonstrated in a laboratory environment.
NO LIMIT BLOCK SIZES
Temporal has no block size limitation in place, unlike Bitcoin, and this means that there is no theoretical limit on how many transactions can be included in a block
Bitcoin, for example, generates one block every 10 minutes. Through extensive research, we have determined that the optimum block generation speed is 12 seconds per block. A single leader within the temtum ecosystem will be responsible for five blocks, each of which are cryptographically linked to other blocks.
ROADMAP
Meet the Core Team & Advisors
One of the strongest teams in the Blockchain industry, temtum is made up of cybersecurity and cryptography published experts, with a wealth of experience in not only blockchain but corporate business at board level in FTSE 250 companies.
Core Team
Board of Directors
Development Team
Advisory Board
To get more relevant details from the Temtum project or join social media and sales crowds, please follow some sources for the following references:
WEBSITE: https://temtum.com/
WHITEPAPER: https://temtum.com/downloads/temtum-whitepaper.pdf
FACEBOOK: https://www.facebook.com/wearetemtum
TWITTER: https://twitter.com/wearetemtum
TELEGRAM: https://t.me/temtumcommunity
Bitcointalk username: Sinseykoin
