2023 has clearly been the year of TMS Network (TMSN) since it started its presale. Previous darlings of crypto Monero (XMR) and Solana (SOL) are finding it impossible to keep up. TMS Network (TMSN) has raised more than $6 million already, and it’s still only in the fourth phase of its presale. Let’s take a closer look.
TMS Network (TMSN)
TMS Network (TMSN) represents a passive income opportunity for anyone who wants to get involved in the token presale, as holders of the token receive a part of the overall trading commissions generated by the platform. Additionally, there should be plenty of trading activity on TMS Network (TMSN) once the platform is launched, as it’s offering a unique trading experience that cannot be found on any other exchange.
TMS Network (TMSN) was built to offer an intuitive trading experience that is easy for novices to understand, logging into the platform directly from their connected Ethereum wallets. This is possible, because TMS Network (TMSN) was built on top of the Ethereum blockchain, which is by far the most popular system for the development of decentralized applications (DApps) like TMS Network (TMSN).
By plugging into the Ethereum network, TMS Network (TMSN) gets access to the largest user base of DApp users in existence.
Monero (XMR)
Binance has decided to delist some of the most popular privacy coins, such as Monero (XMR), from its platform in several European countries. This move has sparked controversy and criticism among the Monero (XMR) community, as privacy coins like Monero (XMR) are seen as a vital tool for protecting users’ financial freedom and human rights.
The Binance decision was made to comply with the new regulatory frameworks in the European Union. These Monero (XMR) regulations require crypto exchanges to collect and share user data and identification information for transactions above a certain threshold. However, some privacy coins, such as Monero (XMR), allow users to send and receive funds without revealing their identities or Monero (XMR) transaction details.
Binance claims that it can still support privacy coins that offer optional features to comply with the regulations, Monero’s (XMR) view key feature. However, some Monero (XMR) experts argue that Binance’s actions are premature and inconsistent, as there is no clear ban on Monero (XMR) in the EU yet.
Solana (SOL)
Many blockchain platforms, such as Solana (SOL), claim to have high transaction speeds, but this metric can be misleading. TPS is the number of transactions that a blockchain like Solana (SOL) can process in one second. However, different blockchains have different ways of measuring TPS, and some like Solana (SOL) use tricks to inflate their numbers.
Another factor that affects TPS is the size of the Solana (SOL) blocks and the time between them. Solana (SOL) has larger blocks that can fit more Solana (SOL) transactions, but Solana (SOL) blocks also take longer to produce and verify. This can lead to congestion and delays in the Solana (SOL) network. Conversely, some blockchains have smaller blocks that are generated faster, but they also have lower capacity.
Therefore, TPS is not a fair comparison between different blockchains, as it does not account for the trade-offs involved in each design choice. A more comprehensive way of evaluating Solana’s (SOL) performance and scalability is to consider other aspects such as security, decentralization, usability, and interoperability.
Although Monero (XMR) and Solana (SOL) had their time to shine, neither have been able to make a major impact in the general population after all these years. With the ongoing TMS Network (TMSN) token presale, investors have the ability to get involved with a revolutionary new DeFi product on the ground floor, so there is much more potential for growth.
Find out more about the TMS Network (TMSN) presale below:
Telegram: https://t.me/tmsnetworkio
Website: https://tmsnetwork.io
Presale: https://presale.tmsnetwork.io
Discord: https://discord.gg/njA95e7au6
Whitepaper: https://tmsnetwork.io/whitepaper
