/biz/ - Business & Finance

[Anonymous No.18759600]

Temporal uses timestamped randomness, making it impossible to pre-compute the timestamp value.

The degree of randomness from the NIST beacon dramatically increases the cost to attack the network by orders of magnitude greater than current cryptocurrencies.
While it is common for a standard UNIX timestamp which is defined as the number of seconds that have elapsed since 00:00:00 Coordinated Universal Time (UTC), Thursday, 1 January 1970 in the header of a block in the blockchain, we have chosen not to use this, since this value is very easily pre-computed. The ability to pre-compute the timestamp could allow an attacker to create a malicious block with invalid transactions in it offline and then upload it to the network when the time was appropriate for an attack.

In our model, it is impossible to pre-compute the timestamp value, because it’s a truly random NIST beacon value and a new one is generated every 60 seconds. Also, for a block to carry the NIST timestamp means that the block must have been generated following the release of the beacon. We can thus be certain that an “offline chain attack” as can be conducted on all other cryptocurrencies, has not taken place.

https://temtum.com/static/1b83294d6fae830394e8723f5477809e/a-temporal-blockchain-a-formal-analysis.pdf

[Anonymous No.18759649]

sounds cool

[Anonymous No.18759744]

>>18759649
hell yeah its cool. this project is based af.

The website is a really good start for most normies but the whietpaper is really good tech-wise.

[Anonymous No.18759857]

>>18759649
also anon..

temtum’s ambition to be the first cryptocurrency to achieve mass global adoption means that we have ensured that the network can fully integrate with standard real world payment systems. We have established solutions for point of sale (POS) mobile payments so that there will be a seamless process for purchases. For the user they will not differ in experience from regular currency payments.

Any user with a temtum wallet will be able to make purchases using conventional payment networks such as Visa for instance, with total transparency to the vendor who will see only a fiat money transaction. Yet all the advantages of temtum – for example immediate international transfer of value – will still be available.

Look @ this vid:

https://m.youtube.com/watch?v=EJxs5ySrhtY


Sms Demo

"Sending temtum via sms and then watching it confirm on the blockchain - all p2p - reason Zimbabwe will implement this"

-The SMS system does not require users to download an app, and there are no requirements for accounts or passwords. If the user has a device that can send an SMS text message, then they are able to use temtum. Similarly, the recipient needs neither an app nor a wallet to receive funds. This makes it suitable for non-smartphones , and is intended largely for use in countries with a high penetration rate of such devices, the use of which is driven by unpredictable electrical power and intermittent or less widely available high speed internet.

The SMS allows for instant transfers. Transactions are immediately settled directly on the Temporal Blockchain and funds are never held by a third party.

[Anonymous No.18759940]

>>18759600
got some yesterday , TEM makes Hashgraph and Nano look like schoolchildren

[Anonymous No.18760152]

>>18759940

Fuck. Smart man.

[Ranjesh No.18760311]

>>18759600
>NIST beacon
nice single point of failure you have there

[Anonymous No.18760682]

>>18760311

Unlike Deterministic Computers, which encode data in binary digits –each of which is always in one two definite states,0 or 1,quantum computers use quantum bits or qubits,which can be in a superposition of states.Quantum Computing Developments accelerating rapidly–IBM published evidence of robust quantum computation capacity in late 20178 , and unveiled new fault tolerance capabilities that have helped to scale quantum processors beyond 50 qubits9 . Current estimations for an implementation of Grover's algorithm for AES requires far more qubits than current quantum machines possess. Grassl et al. states that the required number of qubits required to implement an exhaustive key search for AES-256 is 668110. It is not unreasonable to draw similar conclusions for SHA2-512, which has a far larger internal state, and postulate that 1024 qubits are not enough. Research investigating the cost of generic quantum preimage attacks on SHA-2 demonstrates that such an attack would require 212.6 logical qubits11. Since the NIST Randomness Beacon generates values using SHA2-512, it is reasonable to assume the same level of resources are required. Even with modern day, or even near-future quantum machines, it is still a massive leap to bruteforce 512-bit keys. To do so within the 60-second window as used by the NIST Randomness Beacon is statistically infinitesimally improbable – approximately the inverse of 2512. In short, the probability of correctly guessing the NIST beacon 512-bit key ahead of time is almost certainly zero, making it highly secure.

Read pages 30-38
https://temtum.com/downloads/temtum-whitepaper.pdf

[Anonymous No.18761109]

>>18759857
This is kind of interesting. How does it compared to other DAGs

[Anonymous No.18761605]

>>18761109

[Anonymous No.18761812]

>>18759600
okay...but who is using this and what's the target market?

[Anonymous No.18761990]

>>18761812
go here anon

https://temtum.com/use-cases

[Anonymous No.18762349]

>>18760311
>He didn't get at 11 cents yesterday

[Anonymous No.18762507]

>>18759600
do u think it will continue to go up ?

[Anonymous No.18762749]

>>18762507
>almost at 20 cents now

[Anonymous No.18762969]

I’ll keep an eye on it and see what happens with the price in the next few days

[Anonymous No.18763386]

>>18762969
Nice. Remember anon:


This is a live mainnet
PhD / peer reviewed tech
Contracts with Anguilla and Zimbwawe for their currency - lots of others on too
Private funded - no ICO / IEO - never asked anyone for cash - its all our own
Totally feeless

Why aren't you buying rn?

[Anonymous No.18763944]

>>18762969
Have you made your decision son?