Place/Date: - February 18th, 2023 at 6:45 pm UTC · 3 min read
Source: TMS Network
The Graph (GRT) powers many applications in the Web3 ecosystem and DeFi. When someone wants to query data for IPFS and Ethereum networks, The Graph (GRT) can be used as an indexing protocol. The Graph (GRT) has over 200 Indexer Nodes, and more than 2,000 curators. To help improve network development, The Graph (GRT) raised funds from strategic VCs, blockchain influential members, and community members.
Steve Ellis and Sergey Nazarov created Chainlink (LINK) in 2017. Chainlink’s (LINK) decentralized network is open-source and allows any blockchain to connect securely with computation resources and off-chain data. Chainlink’s (LINK) network nodes fetch and deliver data from multiple blockchain sources, and execute smart contracts.
TMS Network (TMSN) promotes financial education and reduces dependence on centralized systems. TMS Network (TMSN) is built on blockchain technology, and ensures all transactions are secure and tamper-proof. With so much to offer, it is no wonder traders are trusting TMS Network’s (TMSN) new platform.
As per recent reports, The Graph (GRT) showed tremendous growth in various ecosystem metrics in the last quarter of 2022. The Graph (GRT) is a decentralized open source protocol responsible for processing and collecting data from various blockchain applications. This helps with easy retrieval of information.
The Graph (GRT) also helps increase their decentralized apps’ (dApps) efficiency by using data that is relevant. The blockchain data is analyzed and stored by The Graph (GRT) in indices that are called Subgraphs. This allows for quicker responses that are sent to The Graphs (GRT) protocol. As of December 2022, there were over 600 active subgraphs. This is an increase of almost 25% from the previous quarter for The Graph (GRT), and an increase of 151% as compared to the previous year. At the time of writing, The Graph’s (GRT) token price was $0.149248.
Play! Pop! Go! is a high-end gamified fashion brand that is looking to integrate Chainlink’s (LINK) VRF (Verifiable Random Function) on the Ethereum mainnet. Chainlink’s (LINK) VRF has inbuilt capabilities that are better than other RNG (Random Number Generator) solutions, and Play! Pop! Go! is looking to capitalize on it.
Play! Pop! Go! is looking to create an exciting user experience with Chainlink’s (LINK) function. This function will help users verify that the possibility of mining NFTs are equal, irrespective of its rarity. Chainlink’s (LINK) VRF is perfect for it because of its inherent capabilities. Thus, Chainlink (LINK) is gaining further popularity in the crypto community, which is reflected in its current price of $6.96 per token.
The advent of TMS Network’s (TMSN) new decentralized platform has solved various problems for traders. The new TMS Network (TMSN) platform is perfect for short-term trades, as instant deposit and withdrawal is possible. This allows for quicker trader execution.
TMS Network’s (TMSN) platform has significantly helped reduce trading fees by eliminating third-parties and intermediaries. This initiative by TMS Network (TMSN) contributes to an efficient trading environment and increases market liquidity. TMS Network’s (TMSN) token price is $0.0047, which is expected to go up as the platform gains popularity among traders looking for more transparency and efficiency. Early supporters of TMS Network (TMSN) are also looking forward to its unique commision revenue model, which has big incentives for token holders.
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