Say hello to Temporal Blockchain
Unlike these older blockchains with serious flaws, the Temporal Blockchain has the following characteristics.
Robust technology – As a DLT system, the Temporal Blockchain is distributed across multiple nodes, giving an extremely high level of redundancy to sustain continuity of operations and deal with any disruption. Given its extremely high throughput speed, the system would have no issue with peaks in demand.
Quantum resistant cryptography – The Temporal Blockchain has been designed with next-generation security in mind. While the pseudo-random generation of keys in most blockchains is open to exploitation by sophisticated hackers (with quantum computing increasing the likelihood of predicting software generated values), the Temporal Blockchain is a quantum-secure blockchain network that uses a photon source for genuine random number generation alongside next-generation hashing algorithms. These prevent the network from being vulnerable to theoretical attacks – even in the case that quantum attacks become commonplace in the near future.
Near zero, carbon-neutral energy use – In order to create a core encrypted system that allows simple transactional functionality, many blockchains use highly wasteful and restrictive consensus mechanisms such as proof-of-work, which require enormous energy use and have a significant environmental impact. Consequently, these systems are expensive to run and operate.
The Temporal Blockchain’s Consensus Algorithm, constructed around leader nodes and our innovative Node Participation Document, removes the need for mining and wasteful, inefficient and restrictive Consensus mechanisms such as proof-of-work, using substantially less energy and with radically reduced environmental impact. Temtum estimates that the Bitcoin network is 16,573,693 times more expensive than the Temporal Blockchain network based on energy costs alone, assuming both networks are operating at the same size.
No network fee – Many existing systems are prohibitively expensive, however, the Temporal Blockchain network can be run at extremely low cost and could be run at with Zero fees, Micro-level transaction fees, Annual fee payments, etc.
Socially diverse – Usable via smartphones, Internet of Things devices, drones, and cars. Temtum’s technology can also be used across SMS text from basic non-smartphone mobiles – ideal for countries with low levels of internet penetration or poor infrastructure