The TMS Network (TMSN) narrative has continued to gain traction among DeFi investors. This new market entry has seen a massive influx of investors rush to its ongoing presale. On the other hand, mainstream cryptocurrencies Binance coin (BNB) and Cardano (ADA) have been declining. This article aims to connect the volume influx in TMS Network to the outflow in Binance Coin (BNB) and Cardano (ADA).
Binance Coin (BNB)
Binance coin (BNB) is the native currency of the Binance exchange, the world’s largest centralized cryptocurrency exchange. Binance coin (BNB) is used to settle transactions on the Binance Smart Chain network, vote on network proposals, and stake to earn rewards.
One of the major limitations of Binance Coin (BNB) is centralization and government regulation. Binance is a centralized exchange, meaning it is subject to government regulation. This might put Binance Coin (BNB) holders at risk if Binance is ever shut down. Binance Coin (BNB) is also competing with other cryptocurrencies that provide similar benefits, such as Ethereum, which can be used to settle transactions on a decentralized blockchain network.
Cardano (ADA)
Cardano (ADA) is a decentralized Proof-of-Stake (PoS) blockchain platform that was launched in 2017. Cardano (ADA) is designed to be a more scalable alternative to Ethereum (ETH). It is based on the Haskell programming language and employs a layered architecture.
Cardano (ADA) ascended to become one of the top cryptocurrencies by market capitalization, ranking seventh. However, Cardano (ADA) has its fair share of issues discouraging investors and developers.
Cardano (ADA) is based on a scientific research approach that has significantly slowed network development. For instance, Cardano (ADA) did not implement smart contract capability on its mainnet until September 2021, much after competitor blockchains such as Solana and Ethereum. Cardano’s adoption is also limited by slow transaction processing, with a block time of only 20 seconds. This makes Cardano unfavorable for use cases that require high transaction speeds, such as decentralized finance (DeFi).
TMS Network Solves Binance Coin (BNB) and Cardano (ADA) Issues
TMS Network (TMSN) is a decentralized, all-in-one trading platform that aims to revolutionize the traditional trading industry. The Ethereum-based platform offers traders a wide range of features and tools to assist them in effectively managing their portfolios and making informed trading decisions.
TMS Network (TMSN) is designed as a highly scalable, secure, and community–driven project on the Ethereum network. The platform takes advantage of Ethereum’s many advantages while improving on its shortcomings, making it superior to most other platforms, including Cardano (ADA) and Binance Coin (BNB).
For instance, unlike Binance Coin which is controlled by a centralized entity, TMS Network (TMSN) is fully decentralized, making it suitable for decentralized finance activities. TMS Network (TMSN) also has more security measures than Binance Coin (BNB). The TMS platform employs non-custodial portfolio management technology as well as multi-factor authentication, making it more secure than Binance Coin (BNB), which is custodial and has been hacked in the past.
TMS Network (TMSN) allows instant transaction processing at very low transaction fees, unlike Cardano (ADA) which charges higher fees. Cardano (ADA) has also faced criticism for scalability in the past. TMS Network (TMSN) on the other hand can handle a large number of transactions without experiencing performance issues.
TMS Network (TMSN) is a relatively new cryptocurrency with a low market cap, giving it a significant advantage over Binance Coin (BNB) and Cardano (ADA) in growth. The $TMSN token is currently trading at $0.104 in its fourth and final round of presale. Market analysts are bullish on $TMSN, forecasting up to 100x profits for early investors.
Join the TMS Network (TMSN) presale today for a share in what could be the next big thing in crypto. 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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