ICO Date
Mar 12 - Mar 24
Focus
Business services
Platform
Ethereum
Price
1 TIM = 0.0001 ETH
Token
TIM
Accepted Coins
Ethereum
TIM Overview
TIM is 2 layer blockchain made of GPS powered 1-hop nodes over a novel blockchain. The blockchain works by a special PoB consensus mechanism. With an underlying sublayer of distributed DAGs(graphs), the global blockchain achieves high transaction rates. In essence, the graph layer pools 100 M txns/s into blockchain with a kilobyte sized blocks. The nodes mine the consensus and perform transaction pooling by geo-mining protocol, using 1-hop directionality to search nearest neighbours and newer information(transactions). Thus the enablement cost of TIM network is zero, which means that no additional energy is burnt for security and decentralisation is not compromised to achieve high performance.
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