Sometimes when a crypto token tries to innovate, problems arise – this is exactly what has happened with Solana’s (SOL) recent forking event, which caused a massive glitch and saw the token tanking. This has led many investors to reach out to more stable investment opportunities such as TMS Network (TMSN) and Filecoin (FIL).
EWhether you’re confused about the term “forking event” or simply want to know why everyone is fussing over TMS Network (TMSN) and Filecoin (FIL), read on to learn more about this recent market event!
Solana (SOL)
Solana (SOL) is a cryptocurrency famed for its PoH (Proof of History) protocol, an adaptation of the energy-efficient PoS (Proof of Stake) protocol of tokens such as Ethereum (ETH). Solana (SOL) has seen mass adoption from new investors in recent years, and whilst this has resulted in the token growing, it has caused great problems. Investors of Solana (SOL) simply could not agree on blockchain rules, and this led to the recent Solana (SOL) forking event.
Solana’s (SOL) forking event was due to give investors the flexibility to work with Solana (SOL) based on their own rule preferences, but this did not go to plan. Instead, Solana (SOL) experienced a huge glitch, massively slowing the speed of the network. As a result, many investors have become skeptical about Solana (SOL), taking their investment elsewhere to tokens such as TMS Network (TMSN).
TMS Network (TMSN)
TMS Network (TMSN) is a cutting-edge investment platform, innovating on past platforms by unifying crypto tokens with derivatives such as CFDs, FX, and equities. Investors can trade these derivatives and crypto on the TMS Network (TMSN) with the help of on-platform educational resources, AI trade bots, advanced analysis tools, and even social trading communities.
These cutting-edge features, along with the democratic voting system behind the future of TMS Network (TMSN), have provided immense innovation upon the tried-and-tested concept of an investment platform, giving TMS Network (TMSN) far more stability than Solana (SOL). The ongoing TMS Network (TMSN) presale has already sold out in its first wave reaching a value of $0.025 per token, and along with $2.5 million in funds raised, this is set to skyrocket further in its second wave.
Filecoin (FIL)
Blockchain technology has long since been applied to the world of finance, but it has potential for many other applications, such as how Filecoin (FIL) is applying it to file and data storage. Filecoin (FIL) is a platform for storing, retrieving, and exchanging files and data across a decentralized platform, empowering both enterprises and individual users to access files and information with far greater security and privacy.
Tokens such as Filecoin (FIL) have been innovating for the last few years alongside TMS Network (TMSN) without too much friction or competition, and this is due to Filecoin’s (FIL) unique take on data and file security. Whilst there is no guarantee that file storage will be on the blockchain in the future, Filecoin (FIL) is making it look highly likely, so there’s no surprise that investors are ditching the problematic Solana (SOL) for Filecoin (FIL).
Final Thoughts
With great innovation comes great risk, and unfortunately, Solana (SOL) has fallen victim to this. Whilst Solana (SOL) tried to keep investors happy with its forking event, this sadly did not pay off, and a massive glitch has led many investors to drop it. Thankfully, TMS Network (TMSN) and Filecoin (FIL) show no sign of being negatively affected by their innovations, and this has made them both a far more stable investment than Solana (SOL) right now.
Filecoin (FIL) is looking fantastic for enterprises, but TMS Network (TMSN) stands out with its investor-first platform, identifying a seriously large market of experienced and beginner investors. Along with a sell-out first wave of presale and a value of $0.025 per token, TMS Network (TMSN) is set to thrive even more than Filecoin (FIL) in 2023 – don’t miss out!
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
Twitter: https://twitter.com/tmsnetworkio
