Cryptocurrency provides a remarkable breakthrough in the world of finance, thanks to the emergence of blockchain technology. Cryptocurrency has the potential to take over fiat, it provides many benefits compared to fiat in terms of transaction time, fee, or security. With cryptocurrency transactions can be completed directly without the involvement of financial institutions and can be done to/from any part of the world.

Unfortunately, that is just a mere theory. It has not been fully proven so that it has not been able to be implemented in daily life. Let’s take the king of cryptocurrency, Bitcoin, as a benchmark for the current picture of the cryptocurrency. To run the network, Bitcoin uses a Proof of Work mechanism that requires intensive computing resources and high energy consumption. As of January 2019, Bitcoin consumes 46.55 TWh of electricity or around 0.21% of world electricity consumption. But with that much electricity consumption, Bitcoin can only handle 7 transactions per second (TPS) and it takes 10–15 minutes per transaction. That is not effective, especially when compared to Visa which is capable of handling up to 56,000 TPS.

Innovations have been made in recent years, ranging from new work mechanisms to infrastructure of blockchain. As a result, we can find cryptocurrency that can handle up to tens of thousands TPS. However, that is not enough and is still far from the standard for use in everyday life. For this reason, this industry needs something new to evolve cryptocurrency.

temtum is a new cryptocurrency to solve all the problems faced by most existing cryptocurrency. temtum will present the most technologically advanced cryptocurrency that will set new standards in security, speed, resource requirements and scalability.

temtum is based on 4 main technologies, namely the temporal blockchain combined with innovative consensus algorithms, routing algorithms, and the use truly random numbers. Temporal blockchain is a blockchain that can be archived, data storage is distributed across various special nodes. At a certain time, only one leader node will be selected. Transactions only need to be sent to the leader node, no need to send to all nodes. As a result, low-power devices can participate in the network and eliminate energy costs, thereby increasing overall network efficiency. In addition, the use of NIST Randomness Beacons to generate random numbers will provide full security on Temporal blockchain.

After 5 years of development and the perfect combination of the four main technologies above, temtum coin (TEM) was created. TEM is a cryptocurrency that is fast, safe, environmentally friendly and highly scalable.

1. Scalability

On the Temporal blockchain, all chain histories on all nodes are archived locally to reduce resource requirements and allow anyone to participate in networks, even smartphones.

2. Speed

Based on laboratory tests, temtum can handle up to 120,000 TPS, more than 2 times the capacity of a Visa, with a confirmation time of a maximum of 12 seconds.

3. Low Resource

In contrast to cryptocurrency that uses the Proof of Work mechanism, temtum only requires far less energy and has fewer environmental impacts. temtum is estimated to be 16,573,693 times cheaper than the Bitcoin network on energy costs.

4. Security

Theoretically, the site is very safe. temtum is a quantum-safe network that uses photon sources to create original random numbers along with the next generation hashing algorithm.

Real-world Applications

temtum has the vision to become a cryptocurrency that is widely used and adopted by everyone in the world. To achieve this, temtum can be used from wallet to wallet or integrated into real-world applications, such as:

1. A medium of exchange

The issuance of temtum will be limited to a fixed supply to ensure economic stability. temtum meets the criteria as a medium of exchange, including can be divided, convenient, very fast, and without embedded transaction costs.

2. Point-of-sale mobile payments

temtum can be fully integrated with the real-world payment system. temtum has developed a process that uses NFC capabilities on smartphones to interact with standard POS terminals. The payment process is fast and convenient as payment using fiat.

3. Online gaming

temtum can be used as an in-game stake, either through a traditional fund deposit or with the Pay as you Play model. temtum can also be used in complete online game applications that run on the temtum network.

4. E-commerce payment

temtum Team

temtum Roadmap

For more information, please visit:

Website: https://temtum.com/

Whitepaper: https://temtum.com/downloads/temtum-whitepaper.pdf

Twitter: https://twitter.com/wearetemtum

Telegram: https://t.me/temtumcommunity

BTT Author Link: https://bitcointalk.org/index.php?action=profile;u=2256570