Hi everybody. Today I will introduce you to a project that I find very interesting. Do you know about the temtum project ?
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.Honestly, this is a project with me that is difficult to share carefully with all the information to you. But I still want you to learn more about the project through this link: https://temtum.com/downloads/temtum-whitepaper.pdf
But I still want to tell you about some interesting things related to this project:
They’ve spent the past 5 years researching Blockchain and boast the only Blockchain PhD as part of our founding team. This research led to the development of the superior Temporal Blockchain, compared below to what is currently considered the leading technology in the industry.
And here are some information that the project compared the different elements of temtum to existing projects related to blockchain technology.
And 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.
And a few of my impressive points about this project.
Overall temtum network architecture:
The Node Participation Document (NPD) is created by the authority node and is sent to all nodes on the network.
All nodes query the NIST beacon every 60 seconds and obtain the latest value.
All nodes determine the leader node.
This is done locally, but critically all nodes will come to the same answer.
All nodes deduct the beacon value for the public node identity (stored within the NPD).
The node whose value is closest to zero becomes the leader.
There is no need to query any other node.
The leader is now selected and has write access to the blockchain for the next 60 seconds and 5blocks.
All nodes directly send TX’s to the leader node — this is done for one minute before the process of selecting a new leader is repeated.
The leader node receives TX’s and:
Checks if the TX is valid
Checks local copy of the nodes blockchain
If not in local copy — query archive node
If archive node replies valid confirm TX into block
Else reject
Blocks are created every 12 seconds
Header contains NIST beacon value
Hash of all TX’s in block
Previous hash of previous block
Each leader node is responsible for five blocks (5 x 12 Seconds per block). Five blocks contain the same NIST beacon value
The block structure comprises:
Previous block hash
NIST value
Hash of all TX’s
Time stamp
TX’s
Signed by the leader node
The block is sent to all nodes.
The leader node then presents the block to the network.
All nodes individually check that the block is valid.
Checks the signing node was the leader node.
If valid, this appends this block to the node’s local copy of the blockchain.
With a personal view, I think the project will have success in the future. The project is being run by the team who are very experienced in the financial industry as well as the blockchain, and the project also shows seriousness. I have found the necessary information that the project will bring, although it has not been fully completed. But this is a new project, we hope to be in the future of the project, I hope through the article will help you have more knowledge related to Temtum. You can also learn more about the project through the following links:
Website: https://temtum.com/
Twitter: https://twitter.com/wearetemtum
Discord: https://discordapp.com/invite/hs3v4g4
Facebook: https://www.facebook.com/wearetemtum
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
Telegram: https://t.me/temtum_official
And my name bitcointalk user: vucuong16101997
Link my bitcointalk: https://bitcointalk.org/index.php?action=profile;u=2239114
