The cryptocurrency industry continually develops, providing new chances for investors seeking creative and successful enterprises. Not all initiatives, however, are created equal, and some may lose their attractiveness over time owing to various causes. This is the case for Solana (SOL) and Optimism (OP), two prominent blockchain systems that have recently encountered difficulties.
Solana (SOL): A Fast but Flawed Platform Which Can’t Keep Investors
Solana (SOL) is a blockchain platform that aims to provide fast, scalable, and low-cost transactions for decentralized applications (dApps). Solana claims to be able to process over 50,000 transactions per second (TPS), making it one of the fastest platforms in the market.
Solana has faced several difficulties throughout the years. One of Solana’s major flaws is its centralization. To process transactions, Solana relies on a network of validators that use specialized hardware. As a result, only a few entities can manage the network and potentially censor or influence transactions. Furthermore, Solana has already had multiple network failures and disturbances, affecting its performance and dependability. A denial-of-service assault that overwhelmed Solana’s network caused a six-hour outage. Solana also experienced a brief halt owing to a software problem.
These incidents have eroded some investors’ confidence in Solana and its ability to provide a secure and stable platform for dApps. As a result, some holders of SOL have decided to look for other media that can offer more decentralization and resilience.
Optimism (OP): A Promising but Delayed Platform
Optimism (OP) is another blockchain platform that aims to improve the scalability and usability of Ethereum. Optimism uses optimistic rollups, which allow transactions to be executed on a layer 2 solution secured by Ethereum’s layer 1. Optimism can reduce gas fees and increase throughput for dApps on Ethereum.
Optimism has faced challenges and delays in its development and launch. Optimism was initially scheduled to launch its mainnet in March 2021, but it was postponed several times due to technical issues and security audits. Optimism finally launched its mainnet in January 2022, but it was still limited to a few allowed projects.
These delays have frustrated some investors waiting for Optimism to deliver its promises. Some holders of OP have decided to move on to other platforms that can offer more immediate and tangible benefits.
TMS Network (TMSN): A Better Alternative over Traditional DeFi Platforms
TMS Network (TMSN) is a unique DeFi-focused platform that aims to provide a superior alternative to traditional trading platforms. TMS Network stands apart from other platforms because of its unique value offer. TMS Network enables users to trade all types of derivatives including stocks, cryptocurrencies, CFDs and forex using crypto payments. This is unlike most traditional trading platforms that limit traders to fiat payments. In addition, traders are not required to create a new account every time they want to try a new platform. As a trader, you just need to connect your wallet and trade across all major exchanges without giving up control of your assets or needing to open an account.
TMS Network has piqued the interest and support of DeFi users and investors seeking for a platform that can provide more than speed and scalability. TMS Network outperforms Solana and Optimism regarding decentralization, security, and functionality. TMS Network features a community-driven and democratic governance approach that allows users to influence the platform’s growth and direction.
Investors can join this community by buying $TMSN tokens at a discounted presale price of $0.104 today. Besides voting on the platform, $TMSN tokens are also a lucrative investment. Market analysts predict a more than 100x value growth over the next year for investors who buy the $TMSN token today.
For more information on TMSN Network (TMSN):
Presale: https://presale.tmsnetwork.io/
Website: https://tmsnetwork.io/
Telegram: https://t.me/tmsnetworkio
Twitter: https://twitter.com/tmsnetwork_io
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