As the crypto winter of 2022 thaws out, it’s time to look for the next big investment. New crypto TMS Network (TMSN) has crypto investors talking after selling all $500k of the first stage of their presale. But now that the bull season is taking shape, how will it fair against legacy coins Binance Smart Chain (BSC) and Cardano (ADA)?
Binance Smart Chain (BSC) and Cardano (ADA) need no introduction, but we’ll take a brief look so we can compare how TMS Network (TMSN) might compare….
Binance Smart Chain (BSC)
Binance Smart Chain (BSC) has been one of the most successful cryptos since its launch. It helps with it being the native crypto of the biggest exchange, but it’s not just that that makes Binance Smart Chain (BSC) attractive.
Binance Smart Chain (BSC) uses a Proof of Stake (PoS) consensus mechanism to validate transactions and create new blocks on the blockchain.
Binance Smart Chain (BSC) boasts really low transaction fees, which are significantly cheaper than Ethereum. It achieves this by using a dual-chain architecture, where Binance Chain and Binance Smart Chain (BSC) work together.
Cardano (ADA) is one of the main Ehtereum killers. It uses a Proof-of-Stake (PoS) consensus algorithm called Ouroboros, which allows for high transaction throughput and low transaction fees on Cardano (ADA).
Cardano (ADA) aims to provide a secure and scalable platform for decentralized applications (DApps) and smart contracts, which can be used in various industries. Like other cryptos, Cardano (ADA) has run into development problems, with some investors losing faith in it.
That’s not to say Cardano (ADA) is finished, because it’s far from done. That said, investors will likely want to see some major development before we see any sizeable investment.
TMS Network (TMSN)
TMS Network (TMSN) is a decentralized trading platform that operates on a trustless ecosystem that eliminates intermediaries and offers faster transaction times and lower costs.
Much of that is available on other Defi platforms, but TMS Network (TMSN) offers much more. It’s the only decentralized exchange that offers users access to a broad range of digital assets, including over 500 cryptocurrencies, equities, forex, and CFDs.
In addition to these, TMS Network (TMSN) offers a copy trading feature that allows users to follow and copy the trades of successful traders on the platform. This feature can be beneficial for novice traders who want to learn from experienced traders or for successful traders who want to earn commission.
It’s all powered by the native token of TMS Network (TMSN), which gives you access to all features. It is also used to pay for extremely cheap transaction fees, gives you access to governance, and if anyone is wanting to earn a passive income, simply stake your coins and earn while you sleep.
It’s these features and more that’s generating all the interest in TMS Network (TMSN). The first stage of the presale exceeded all expectations, and now the second stage is underway, interest is growing.
Binance Smart Chain (BSC) and Cardano (ADA) are two coins that need little introduction. That said, both coins have run into problems, and with the bull season typically dominated by newer coins, it’s hard to see past TMS Network (TMSN).