Jeffhardy: Temtum - financial freedom, the ability to quickly confirm transactions, no restrictions when working with data

INTRODUCTION

This section provides an overview of the groundbreaking new technology behind the day. For a list of definitions, see the glossary at the end of this white paper. The Temtum network achieves truly decentralized scalability, near instant transaction speeds, and reliable transaction throughput with low resource consumption and future-proof cryptographic security.

With our improved network routing, block size capping, and system architecture that ensures that a single, random node acknowledgment all transactions for 60 seconds, the only restriction on throughput transactions is the hardware and bandwidth of the network participants. This shows the fact that we demonstrated simulated transaction throughput speeds of 120,000 transactions per second in a lab environment.

The critical elements of the Temtum network architecture are the Temporal Blockchain, the consensus and routing algorithms, and the use of proven random numbers based on quantum interference science.

ABOUT TEMTUM

Temtum is a new, lightweight, peer-to-peer cryptocurrency where anyone can support the Temporal Blockchain network, creating a new world of financial freedom away from centralized institutions

The speed of the Temporal network is unrivaled by any existing blockchain technology, with 120k TPS achieved in our environment and theoretically unlimited labs, directly influenced by the scale of the network.

The ultra-lightweight architecture, efficiency and consensus of transactions on Temporal leads to incredible verification speed.

The Temporal allows short term data storage on nodes, while keeping the integrity of the blockchain and its full history. With our consensus algorithm, transactions were no longer required to be sent to each node, instead sent directly to the leader node. Therefore, resources are spent in the needless duplication of messages.

This reduction in storage and processing power makes participation from low-resourced devices possible, while using less energy than existing blockchain technology.

The current problem with the Blockchain today

Blockchain is still an emerging technology. It has begun to transform various industries around the world by providing digital networks, unchanging and safe for transactions, sharing and distributing data without central authority. This provides a number of significant theoretical benefits when compared to existing technologies and methods, such as increased transparency, traceability and security, and increased efficiency and speed of transactions. Most importantly, financial transactions are no longer dependent on trust - they are proven cryptographically.

Our vision

It offers amazing opportunities that have hardly been addressed so far. For cryptocurrencies to thrive, the blockchain must now take the next step in its evolution. And here comes friend into play. Temtum can help to ensure truly distributed, decentralized and democratic future for financial transactions. It is a future that doesn't destroy the environment. A future for all, wherever they live in the world, where are the benefits of cryptocurrencies are available and accessible to all. We have not only seen this positive future, we have designed, built, tested and found the technology to be the most effective replacement medium.

What is the Temtum solution to this problem ?

The fact that the blockchain network currently has basic limitations means that they cannot fulfill the main transaction requests for many sectors and applications that should have the greatest need for blockchain networks, such as large global payment networks and credit card companies. Here's how to fix each of these shortcomings on the current blockchain network:

Scalability - the blockchain time eliminates the need to store a complete history of channels on all nodes by archiving data locally, while preventing competition in node selection.

The network speed of the network is limited only by the hardware and bandwidth of the network participants. We create very efficient consensus algorithms and remove block sizes to confirm transactions in blocks very quickly, up to 12 seconds confirmation time.

Cost-less - no transaction fees are built into the network, making it a strong cryptocurrency for large transactions and volumes

Security - temporal is a quantum secure blockchain network that uses photon sources to create random numbers along with the next generation hashing algorithm.

ROADMAP

We have deployed custom code on the head unit (HU) of a BMW i8 as part of a mobility focused project. . This is allowed by the car to function as a fully working node, capable of confirming transactions as the car was driven. The loading of the code into the car did not have any impact on its functionality and was able to run in the background.

Even though the computing power in the i8 is significantly less than traditional computers, it consistently demonstrates the ability to confirm 500 polling stations. We believe this is a world-first where a car has been able to act as a full node without the requirement of additional hardware.

Two test cars, a BMW 220i, and the showcase BMW i8 have been used during testing. As in the previous development cycle, we didn't add any additional hardware and software on the iDrive systems were modified. We discovered that the BMW 220i, while a significantly less advanced in terms of digital systems than the i8, was able to fully participate and achieve the same level of performance as a full node (able to store the Temporal Blockchain and confirm transactions when required ) as the flagship i8.

After demonstrating that the entry-level BMW is fully capable of participating in the network as a node, we also achieved a mesh network between cars. This allowed the BMW to have its own mobile network connection disabled, without internet access and instead receive data directly from the i8.

Receiving data from the i8 to the 220i directly, where Temporal and all transactions are also using cryptography, would not present an attack vector. The ability to communicate with vehicles that do not have an active internet connection is increasing, while removing any mobile data charges and reducing costs for network participation.

Our application into the existing entertainment system of the older BMW models showed no performance degradation to the driver. Testing is under way to apply this theory to more car brands, including a 2018 Renault Megane, which will allow for direct cross-platform (i.e. from the brand A to brand B) communication.

More than half-a-million vehicles were registered in the UK from January 2014 to January 2017, with each vehicle more than capable of participating in and supporting the general network. With network scale increasing attack costs, participation via existing mobility infrastructure can ultimately secure the level beyond the existing networks, without the need for expensive energy consumption.

Although the environmental impact of fuel-powered vehicles is of some concern, making use of technology that is already in use and reducing the cost of sustainability vehicles starts participating in the community network.

Over the past 5 years, the Temporal Blockchain has been researched and developed to have a working product that is an evolution of the entire Blockchain technology. Our road map goes back in time, whilst outlining the future for temtum.

It's Cryptocurrency.Evolved.