Any new technology comes with its own set of challenges, and blockchain is no exception. Perhaps the biggest problem that the crypto industry has struggled with has been interoperability – a word used to describe cross-chain communications, allowing different blockchain networks to connect and contribute to the wider DeFi network.
Tokens such as Cosmos (ATOM) and Quant (QNT) have historically been known as innovators within this area of crypto, but their reign has not lasted long due to the recent appearance of TMS Network (TMSN). Never heard of it? Well, find out why you should be aware of this cross-chain solution by reading on!
Cosmos (ATOM)
Cosmos (ATOM) gained its reputation for interoperable crypto solutions by working with the problem from the ground up – most existing blockchains do not have inter-chain connectivity, so Cosmos (ATOM) instead focuses on empowering other DeFi developers to create interoperable crypto services. The platform achieves this by providing SDKs, CLIs, and APIs for interoperable blockchain design, whilst also offering an asset-swapping marketplace.
There is no denying that Cosmos (ATOM) kickstarted the concept of interoperable crypto, but in reality, it barely scratched the surface. The most popular crypto networks are still not interconnected with the Cosmos (ATOM) network, and the network hasn’t even started to integrate other assets outside of crypto into its infrastructure. Ultimately, Cosmos (ATOM) has a long way to go if it wants to compete with the likes of TMS Network (TMSN).
Quant (QNT)
Quant (QNT) is a DeFi network based on six key principles – interoperability, accessibility, adaptability, security, programmability, and resilience. Quant (QNT) therefore represents six of the biggest challenges in crypto, and if Quant (QNT) were to pull it off, even TMS Network (TMSN) would have competition. The platform holds similar goals to Cosmos (ATOM), aiming to unify the fragmented network of blockchain into a symbiotic ecosystem.
Unfortunately, Quant (QNT) has been struggling to deliver on all of these promises – whilst its efforts in interoperability are admirable, many investors complain that the Quant (QNT) network is too complex and vulnerable to regulations, which contradicts its principles of accessibility and security. Many investors believe that Quant (QNT) would see far more success if it focussed on its strengths, much like TMS Network (TMSN) has.
TMS Network (TMSN)
TMS Network (TMSN) is a cross-chain investment platform with a twist. Instead of applying interoperable infrastructure within the crypto sector, TMS Network (TMSN) has stepped outside the box, applying it to investment as a whole. TMS Network (TMSN) is designed to work with a wide variety of digital assets, allowing users to trade crypto, stocks, options, FX, and more within a single space.
Whilst TMS Network (TMSN) is not currently interoperable within the crypto sphere, this is not a big concern considering that most major crypto providers have this flexibility anyway. TMS Network (TMSN) has instead been smart to apply education-first investment, cutting-edge strategies, and user-centric features to all areas of investment, helping to unify traditional and decentralized investors as part of a wider goal of interoperability.
Final Thoughts
In conclusion, cross-chain networking will be essential to the future of crypto, and tokens such as Cosmos (ATOM) and Quant (QNT) have been working hard to achieve this. However, the industry has been highly resilient to these changes, despite the success of TMS Network (TMSN)’s interoperable investment platform!
Cross-chain blockchain is certainly a future to look forward to, but for now, it’s important that the gap between traditional and decentralized finance is unified first. TMS Network (TMSN) is achieving exactly this and with style too – it may be valued at just $0.05 right now, but many analysts anticipate the token to break past dollar-token status very soon!
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
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.