THE TEMTUM PROJECT

phylum(39)

Published in

#cryptocurrency

Words

Reading

0 min

Listen

Play

2019-07-22 19:58

Today blockchain and cryptocurrency innovation has helped to dispose of numerous middlemen through banking and other electronic payment systems. A user, couple of years back turned into a cryptocurrency miner and made an enormous fortune but unfortunately now it is very hard for a conventional individual to rival huge equipment and purchase costly hardware for bitcoin mining.

In this manner, an increasingly productive alternative for creating salary from the advanced market is their buy, exchanging on trades. And yet uncovered a few detriments of this innovation as the requirement for scalability of the network, expanding the speed of exchanges, diminishing charges under overwhelming burdens.

To affirm transactions made, the Bitcoin network spends a huge measure of energy, the minig sites attempting to situate in regions remote from regular human activities, as they produce a boisterous noise, downloading the blockchain takes an exceptionally huge measure of memory, in the times of clog the commission can shoot up to as high as 10-15 dollars.

It is intelligent that such issues somewhat repulse individuals from the utilization of digital forms of money in regular day-to-day existence and this ruins the advancement of this creative innovation on a worldwide scale, and in reality it is extremely helpful for the progress to a totally new degree of life of individuals, the economy, makes it conceivable to store assets on their own wallets without middlemen.

Furthermore, a fantastic arrangement and disposal of such deficiencies is building up and the platform is called Temtum.

This blockchain is made by Dragon Infosec and is called Temtum and enables every client to keep up its operation without the need to spend a great deal of energy and makes it conceivable to manage without middlemen suppliers to perform any form of transactions.

THE UNIQUE PURPOSE OF TEMTUM

A one of a kind consensus algorithm that, not at all like energy consuming Proof of Work (PoW), diminishes to a solitary calculation by a unique node;
High level of security because of the NIST reference point, which is equipped for creating mishaps inconceivable for hacking.
Short data storage time on different energy assets, data is transmitted legitimately to the primary hub;
High speed processing network, it is as speedy as 120 000 TPS.

Such a blockchain is appropriate for the conservation of both nature and human wellbeing, makes it accessible to everybody who needs to take an interest in the upkeep of the network even from a cell phone with low energy utilization, the primary concern is that the Internet is turned on. Zero charges enable you to make a lot of exchanges.

TEMTUM WALLET

Temtum will have a web wallet, android wallet, as well as an ios wallet, and they will have every one of the fancy odds and ends, including, however not limited to, bank-grade security, encrypted SSL association over HTTPS, 2-factor authentication, smart-Authy security and depended on IPs. Things depended on IPs sound like an issue to many individuals with dynamic IP addresses, anyway you will thank that you got them in the event that any individual attempts to hack your record.

The incredible treatment is avoidance, so taking these measures is an exact issue for the client. To utilize these wallets, you will have to sign-up and sign-in. When you get your private TEM address, you can send your cryptocurrency from your very own wallets somewhere else or truly from an exchange. At that point when you initiate sending cryptocurrency to other people, you basically compose their usernames and the transaction is confirmed. This sort of utilization is ideal for anyone even grandparents, since they won't need to manage private keys and various obligations on the off chance that they do now not "get them." Theoretical arithmetic and instructional exercise research do never again stop up with appropriation if typical individuals can't utilize them, and the temtum group is endeavoring to achieve only that, mass selection by utilizing standard individuals.