Market Cap: $1 613 224 898 870 (2.68%)
  • Volume 24h: $102 671 773 465 (6.36%)
  • Market Cap Change 24h: 2.68%
  • BTC dominance: 44.71%

Temtem TEM


  • USD: $0.54
    1h: 2.03% 24h: 5.05% 7d: 11.83%
  • BTC: 0.000017 BTC
All Time High: $0.96 3 years ago
Current price is -44 % from ATH
Market
  • Cap: -
  • Vol 24h: $110 907
Supply
  • Total: 1 500 000 000 TEM

Temtem Price Chart

About Temtem

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

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

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

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

Uniquely constructed around the NIST beacon, Temporal broadcasts full-entropy bit-strings in blocks of 512 bits every 60 seconds. This stable method for generating randomness, unpredictability, autonomy, and consistency creates a key theoretically impossible to precompute. Temporal's quantum mechanics and the use of light over processors, creates a level of randomness never before experienced in computing.

Temporal network topology and security implementation has been tested by Crest accredited firm BSI multiple times and found to be highly secure and robust and validates our claims.

Our consensus algorithm removes the requirement for mining, eliminating the need for highly wasteful and restrictive consensus mechanisms such as Proof of Work.

Proof of work currently requires trillions upon trillions of pointless energy intensive computational calculations in order to confirm transactions.

With our unique consensus algorithm we reduce this to a single calculation which each node can independently calculate and arrive at the same result.

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Temtem All Time High Chart