Temtum TEM

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$ 0.36554300 +0.64%

Temtum Price (TEM)

Temtum to USD Price Chart

How Much Is Temtum (TEM) Currently Worth?

At present, the price of Temtum (TEM) is $ 0.36554300, which increased over the last 24 hours. It now sits at a market capitalization of $ , ranking it at number #1 in terms of market cap size among other cryptocurrencies. It's important to note that the trading volume for the past 24 hours is around 0.1M, reflecting the market's activity and interest in TEM.

What Is Temtum (TEM)?

Temtum (TEM) is a cryptocurrency that aims to revolutionize the blockchain technology by offering an ultra-lightweight, super fast, and quantum secure decentralized network. The team behind Temtum claims this technology is capable of redefining the boundaries of blockchain and cryptocurrencies. Temtum's novel approach seeks to empower financial freedom by optimizing the speed, scalability, and security of the network, making it distinctive in the vast landscape of digital currencies.

Who Are the Founders of Temtum?

Temtum was created by a team of researchers and developers who are experts in blockchain technology, cryptography, and cyber security. The project is the culmination of years of academic research and development, but specific founding members are not mentioned here. Their collective goal was to create a network not just capable of handling a high volume of transactions but also possessing robust security measures, especially in the face of quantum threats.

How Does Temtum Work?

Temtum works by utilizing its own unique consensus algorithm and network structure that streamline the way transactions are processed. Unlike conventional blockchains, Temtum does away with the need for large-scale, energy-intensive mining operations. It operates under a Temporal Blockchain system, which uses a combination of existing and proprietary technologies to ensure unmatched efficiency. The Temporal aspect is said to bring an innovative approach to storing blockchain data, increasing speed without compromising on the network's decentralization or security.

What Makes Temtum Unique?

Temtum is unique because of its promise to provide an extremely fast, energy-efficient, and highly secure platform. It addresses common concerns that pervade the crypto sphere such as the environmental impact of mining, speed bottlenecks, and the looming threat of quantum computers that could potentially break standard cryptographic security. The TEM network is designed to be lightweight enough to run even on devices with minimal computing power, opening up broader possibilities for blockchain integration.

How Is the Temtum Network Secured?

The security of the Temtum network is one of its flagship features. It claims to be quantum secure, which means that it is protected against attacks from quantum computers - a significant advancement since such computers could theoretically crack many of the cryptographic algorithms used by today's blockchains. The network utilizes a new algorithm that is designed to be resistant to quantum attacks, ensuring that transactions and the network itself remain secure.

How Much Temtum (TEM) Is in Circulation?

Temtum has a circulating supply of TEM coins. It's important to distinguish circulating supply from total supply, where the latter refers to the maximum number of coins that will ever exist - in the case of Temtum, the total supply is 1.5B TEM coins. The circulating supply gives an idea of how many coins are currently available in the market, and it can fluctuate over time due to various factors.

What Is Temtum’s Role as a Store of Value?

Like many cryptocurrencies, part of Temtum's appeal lies in its potential role as a store of value. However, the volatility of digital currencies means that their ability to maintain value over time can be unpredictable. Temtum's claims of fast, secure, and efficient transactions might make it appealing to those looking for an alternative store of value in the cryptocurrency market, but like with any investment, potential users should consider the risks and do thorough research.

How Is Temtum’s Technology Upgraded?

Temtum's technology is upgraded through continuous development and research by its team. Being a relatively newer player in the market, it is assumed that the team behind Temtum will roll out updates and improvements to keep the network secure, fast, and efficient. The roadmap of such advancements is typically outlined in project documentation and announcements made by the developers or governing body of the cryptocurrency.

Where Can You Buy Temtum (TEM)?

You can buy Temtum (TEM) on various cryptocurrency exchanges that support the coin. The availability of TEM might vary between exchanges, and it’s recommended that you do your research to find an exchange that is reputable and supports this specific cryptocurrency. Like any transaction, ensure that the platform is secure and that you understand any associated fees or terms before purchasing.

How to Keep Your Temtum Safe?

Keeping your Temtum tokens safe involves secure practices similar to handling other cryptocurrencies. It's advisable to store them in a wallet where you control the private keys. There are different types of wallets available, including hardware wallets for offline storage, software wallets for ease of access, and even paper wallets for cold storage. Always ensure that your wallet is backed up, use strong and unique passwords, and be mindful of phishing attempts and suspicious links. Security is paramount when dealing with any digital assets.

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