The TEMTUM PLATFORM is a unique platform which is regarded to be efficient, super fast, environmental friendly as well as more secured with quantum mechanism. The major aim of the platform is to basically become a more integrated payment system which will be employed in our daily transaction lives. And to acheive this, the temtum platform will basically address the current issues which is said to be facing the current blockchain technology system, offer or better still come up with lasting solutions for this issues then create or design their platform using the modified blockchain technology system settings to have a full scalable, fast and more secured transacting platform.
CURRENT BLOCKCHAIN TECHNOLOGY SYSTEM ISSUES AND POSSIBLE WAY OUT.
ISSUES: Basically, the issues which the current blockchain technology system is facing revolves around scalability, speed, intensity of resources, speed in carrying out transaction and finally security.
According to researches done by the temtum platform team, they came up with a conclusion whereby they tagged different vital areas as the main or core causes of the issues faced by the blockchain technology system. Scalability was mapped out as one of the core issues whereby speculation or facts better stil were gather to prove that the current blockchain technology system are not fully decentralised which formed major hindrance to it's full scalability. Another issue was the issue of speed whereby the model which formed the basis of transactions on the blockchain technology system when the concept was yet to be globally adopted as a major transaction system is set to be slow when compared to the level of adoption of the blockchain technology system in this current day economy.
Security as a concept was also recognised as an issue in the sense that looking at the current day blockchain technology system model, security concept dwells on generation of random keys which can easily be hijacked or bypass by use of sophisticated models and a well grounded hackers. Lastly, the issue of using wasteful as well as restrictive consensus mechanism is also another issue facing the current blockchain technology system.
SOLUTIONS DESIGNED BY THE TEMTUM BLOCKCHAIN PLATFORM TO HELP RESOLVE THE ISSUES OF BLOCKCHAIN TECHNOLOGY SYSTEM.
Inorder to address the current blockchain technology system issues, the temtum platform recognised the use of Temporal blockchain and Quantum randomness as the way. With the temporal blockchain, the temtum platform will transform the mechanism of action of blockchain by changing the way peer to peer network system works and in return creating a system that operates with less energy requirements, power as well as storage and transaction processes.
To handle scalability issues, the temtum platform will use temporal blockchain to basically eliminate the unnecessary need to store the entire chain history on all nodes by locally archiving data. And to enhance the speed at which transactions are initiated and processed, the temtum network will operate with highly efficient consensus algorithm which will only be limited by hardware or bandwidth models used buy the platform's registered users. And with all these in motion, the temtum platform will be able to process transactions in about 12 seconds unlike the 10 - 15mins it takes bitcoin to process it's transaction. And for issues regarding security, the platform will employ the use of quantum mechanics to generate random numbers which will not be vulnerable to any theoretical attacks.
IMPORTANT ELEMENTS OF THE TEMTUM NETWORK.
I. Temporal blockchain technology: this basically provides the temtum network with a blockchain that is truly archivable which will also permit the distribution of blockchain data storage over or across a range of highly specialised nodes so as to allow low powered devices to participate in the temtum network.
II. ROUTING ALGORITHM: This model basically removes the need for the use of gossip protocol of any kind. And it does this by having upgraded nodes that posses updated global overview of the network as well as the transactions that are basically sent to the leader node instead of all nodes.
III. TEMTUM'S CONSENSUS ALGORITHM: the essence of this concept is to enhance the elimination of forks that have been identified as been potentially malicious. Apart from that, it also eliminate energy cost related to proof of work consensus model which in turns improve the general efficiency of the network.
IV. THE NIST RANDOMNESS BEACON: This basically uses quantum mechanics to initiate generation of keys or numbers that are used to secure the temporal blockchain.
TO KNOW MORE ABOUT TEMTUM
Join the Telegram Group: https://t.me/temtumcommunity
Join the Discord Group: https://discord.gg/hs3v4g4
Follow on Twitter: https://twitter.com/wearetemtum
Follow on Facebook: https://www.facebook.com/wearetemtum
Follow on LinkedIn: https://www.linkedin.com/company/temtum/
Follow on Medium: https://medium.com/temtum
Website: https://temtum.com
Whitepaper: https://temtum.com/downloads/temtum-whitepaper.pdf
Writer's Bitcointalk Username: Musekay
Writer's Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2070957