As crypto moves forward and mainstream adoption edges closer, it’s a good idea to understand which coins offer something practical. DAI (DAI), Litecoin (LTC) and TMS Network (TMSN) are three tokens that are leading the way in this regard.
Owing to it being one of the oldest cryptos, Litecoin (LTC) needs little introduction and being silver to Bitcoin’s gold make it attractive. DAI (DAI) is a stablecoin with a difference and offers features other USD coins can’t. And TMS Network (TMSN) is clearly attracting plenty of attention after surpassing all expectations in the first stage of its presale.
DAI (DAI)
DAI (DAI) is a decentralized stablecoin that’s soft-pegged to the US Dollar, meaning that it strives to maintain a 1:1 value ratio with the dollar but may experience minor fluctuations. DAI (DAI) was created by the MakerDAO project and operates on Ethereum.
The stability of DAI (DAI) is maintained through a system of smart contracts, collateralized debt positions (CDPs), and the use of the Maker (MKR) token. Users of DAI (DAI) can lock up collateral in CDPs to generate more $DAI.
The value of the collateral must always be higher than the value of the amount issued to maintain the stability of DAI (DAI) stablecoin.
Litecoin (LTC)
Litecoin (LTC) is a fork of Bitcoin and was designed to address some of its limitations, and provide an alternative digital currency for everyday transactions. Litecoin (LTC) shares many similarities with Bitcoin, but there are a few things that arguably make it more attractive,
At 2.5 minutes per transaction, Litecoin (LTC) has faster transaction times than BTC, making it a better currency for payments. Litecoin (LTC) uses a Scrypt mining algorithm, which means the mining can be more decentralized.
Litecoin (LTC) has a higher total supply too, meaning the denomination will always be much smaller, making it more appealing to outside investors who might not know any difference.
TMS Network (TMSN)
TMS Network (TMSN) is a decentralized trading platform that provides users with access to a wide range of digital assets, including cryptocurrencies, equities, forex, and CFDs. The platform operates on a trustless ecosystem, which reduces transaction fees and improves transaction speeds.
TMS Network (TMSN) boasts advanced analytics and charting tools that can help traders identify potential trading opportunities and execute profitable trades. The platform also supports copy trading, enabling users to follow and copy the trades of successful traders on the platform, which can be beneficial for novice traders who want to learn from experienced traders.
One of the unique features of TMS Network (TMSN) is its broad support for all types of crypto tokens, regardless of the blockchain platform they are built on. This allows users to access a broader range of assets, increasing their investment opportunities.
The native token, $TMSN, gives users access to all of its features and more. It can be used to pay for transaction fees, governance, and you can also earn a passive income with it. This can be done through staking, or being a liquidity provider. In both cases, the more coins you use, the more you will earn.
Conclusion
Litecoin (LTC) and DAI (DAI) are two completely different cryptocurrencies, but as mainstream adoption becomes a reality, they should be two of the fastest adopters. TMS Network (TMSN) is new and it’s only into the second stage of its presale, but after selling out all $500k of its first stage, interest is growing rapidly. And it’s not speculation, because the features available on the platform are much wider than all of its competitors.
Presale: https://presale.tmsnetwork.io
Whitepaper: https://tmsnetwork.io/whitepaper.pdf
Website: https://tmsnetwork.io
Telegram: https://t.me/tmsnetworkio
Discord: https://discord.gg/njA95e7au6
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