The Blockchain and digital currency world has paved way to a whole new understanding of decentralization. This does not just pose a challenge to the traditional perspective of financial transactions but also focuses on eliminating the loopholes attached with the traditional financial system. This goes to prove how advanced the blockchain technology has gone, and also how it has been able to diminish global boundaries by offering a chance at having an alternate and improved future for the whole world.
By the virtue of experience and profound observation of the trends in blockchain cryptocurrency technology over the years, one can actually say that it is a technology with the ability to eliminate the beehive cost inflating intermediaries within the economic circles of finance/ electronic payment systems the uniqueness is in no doubt but time has revealed the need for a blockchain system with better scalability of network, increased speed for transaction, low cost of transactions because having this problems solved will reinvigorate the dwindling interest of crypto-enthusiast which will then translate into a society with well developed innovative technology with a global scale-like coverage, a much more efficient blockchain system will make life much easier and interesting.
Blockchain is expanding no doubt about that , but there are some certain problems of which blockchain needs to address untill when we can guarantee a perfect ecosystem for new users that is scalable, secured and fast blockchain might not get the much desired adoption it craves for.
Below are some issue if blockchain and Temtum solution to them.
TEMTUM SOLUTIONS TO BLOCKCHAIN ISSUES
☆ SCALABILTY:
In order to make blockchain scaleable, increasing the block size or decreasing the block time its high important but sometimes its not enough. The time consume for transactions validation for blockchain transactions can be more due to the fact that there are many transactions going on at that particular time. Temtum way od improving the ecosystem invloves them reducing transaction time. Temtum house a very important tool that address this.
TEMTUM Temporal Blockchain address the scalabilty issue.
☆ SPEED:
everyone needs to carry out fast transaction. Temtum network will reduce latency. Temtum speed is less affected by people using it at that point in time. Temtum can process 120 000 TPS. It happens that the speedof the Temporal Network can not be compared to any other in this space
☆ SECURITY :
security for every project is of paramount importance. The Temporal Blockchain is not limited to just improving scalability but also helps to secure the Blockchain network. Thanks to the NIST beacon which makes it impossible for hacking and other form of computing.
CONCLUSION
Temtum’s technology is an improvement of previous blockchain theory and represents a enormous evolutionary giant leap from existing technology, which delivers an improved experience in terms of costs, environmental impact and true Meaning of decentralisation
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
