TEMTUM : PROVIDING FINANCIAL SOLUTIONS FOR CRYPTO USERS.

in #blockchain6 years ago

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INTRODUCTION

For someone who has only heard about cryptocurency but hasn't really had any experiencial knowledge, it is difficult for such person to know about its limitations as a currency and what it is yet to overcome in the financiaI world. Although, it's adoption has been great so far, however, it hasn't done so well as expected of it with the problems facing the peer to peer networks on the digital community. What more is there to enjoy in a space where scalability is low and too much of the available and unavailable resources are being over utilized? Definitely something has to be done to fix this issues that kept holding people back from adoption especially in mainstream market. To this end, a network called Temtum, otherwise Known as the Temporal structure is what has been designed to serve all users of digital assets right in all they need to get or achieve with their involvement in the entire ledger space.

WHAT IS TEMTUM?

This is a real innovation whose aim is to boost the crypto network as it improves on the existing networks which is very relevant in the financiaI world. The entire aspect of the community would be affected positively such that the environment becomes more friendly with nothing to hamper any of such services that adds value to it. The right infrastructures have been designed to counter the deficiencies of the older ones and in a way reinforce them to be more productive. The existing payment system will be improved on to achieve many instant operations, reducing or totally eliminating the fees of transactions and enabling the economical use of resources. This platform is no doubt very efficient at its services ranging from the wallet to wallet payments services and the use of its coin as a suitable payment currency. The fastness is worthy of praise as it allows users to use more of the coin as a replacement for the common fiduciary money. This is why its responsibility as a payment setup makes people a lot more happier. This is what makes it more that the other existing platforms with minor technological backup will very less innovation. Many of them really don't have any solution to solve except to add to the number of existing coin. As touching the Temtum innovation and tools, The dragon Infosec has got this covered for as long as this network still exists.

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HOW TEMTUM HAS PLANNED TO DO THIS

There is obviously nothing to be done without the key features that are aligned with the platform as its main infrastructures.

First of it all, there is provision of TEM coin for all transactions. There are so many other usecases like making payments which is more like a cheif of it all. All the transactions must be subjected to the verification that is done in this project. It has a way it sustains the values of the platform especially through the consensus algorithm and nodes that is acquire.

The temporal ecosystem is used to assign nodes to the data to be stored. The nodes plays a part in the validation of data and safe users the stress of storing any details on their own. The nodes will be an archive for both past and recent transactions, thus making the process traceable when their is a need to know details about the work.

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Short term data storage is done on the nodes of the temporal network. Data minimization is avoided. Rather than depending on the proof of work, the new proof of stake is made to function with the outcome that they might bring about fast programs as well as high transaction throughput.

The basic need to get started with Temtum is the availability of the IoT devices and a very good internet connection. This helps users to develop in a very fast way as they use all the capacity to go as far as they can in rendering operations. The services are already sure to be great with what the power of decentralisation is able to achieve in it. This platform can't do well without power but yet it is very careful with the amount of energy it consumes to minimize cost in that aspect for users.

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CONCLUSION

In conclusion, Low power devices are also used with the advantage that they consumes low power energy. Moreover, all the activities in Temtum are decentralised as PoS now replace the initial algorithm. The storage capacity of the nodes has got no side effect on the speed of the operations, hence the power consumed is lesser than usual. TEMTUM now scales better than all other networks as a system of payment that can be used for online shopping and all other business purposes. Tem holders therefore are the ones that hold the key to the revolutionization of digital assets and how it can practically replace what was around before.

USEFUL LINKS
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

AUTHOR'S DETAILS
Bitcointalk Username: Dannev
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2317961

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