RESOURCE INTENSITY PROBLEM OF BLOCKCHAIN AND TEMTUM SOLUTION

in #cryptocurrency6 years ago (edited)

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In a competitive environment where things are moving really fast there is need to move along with the wave. Blockchain provides technology that will aid us keep up with the fast pace of the world.
Blockchain can noy thrive and continues its wave ot influence on all other industry if the issue of security, latent time, speed and scalabilty are still big issues. There is need to advance technically and operate on a framework where network speed, sceurity and scalabilty wont be an issue any longer.
This is where Temtum fits in .

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TEMTUM USECASE

Temtum aim is to create a blockchain that will futher ensure decentraliztion, fast and secure and will be environmentally friendly . This novel innovation will be integrated into the other payment gateway so as to ensure that fast transactions.
Temtum has an edge over other network in terms of network efficiency and this is as a result of its awesome technology like the temtum innovative consensus algorithm and AI powered protocol. Temtum house a unique consensus algorithm that, helps to reduces to a single computation by any independent node which ia something not found in the energy-intensive Proof of Work type of algorithm. Temtum project is ranked by its high degree of top notch security which ia due to the NIST beacon, which has the capacity of generating accidents making it impossible for hacking and computing. Temtum has a high speed network, and it can actually process about 120 000 TPS.
Temtum development os something that has bee structured to cut across varrious sectors. Thats why the Point-of-sale (POS) and mobile payment solutions have been extensively developed, all Temtum need is to secure big partnership with banking and payment providers then the point of sale (POS) wil be actively deployed

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One of the major issue Temtum solves is the resource intensity problem.

RESOURCE INTENSITY PROBLEM

it is a known fact that a good number of very popular cryptocurrencies used proof of work (POW) as its consensus mechanism and it’s obvious that the POW is highly wasteful, restrictive and requires a significant energy use with severe environmental impact to come with it.

SOLUTION

The concept of temtum consensus algorithm hinges on leader nodes and innovative node participation documents that eliminate the need for wasteful mining processes that could be a restrictive inefficient consensus mechanism like the proof of work (POW).

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CONCLUSION
Temtum blockchain project can be the big break blockchain technology and cryptocurrency needs to go mainstream. Since all blockchain issues will be solved by this technology.

For more information visit:

WEBSITE: https://temtum.com/

TELEGRAM: http://t.me/temtum_official

WHITEPAPER ON ENGLISH: https://temtum.com/downloads/temtum-whitepaper.pdf

FACEBOOK: https://www.facebook.com/wearetemtum

TWITTER: https://twitter.com/wearetemtum

MY BITCOINTALK USERNAME: 79b79aa8d5047da6d3XX

MY BITCOINTALK PROFILE LINK: https://bitcointalk.org/index.php?action=profile;u=364161