Privacy vs. Transparency: Monero (XMR) Suffers While TMS Network (TMSN) and Solana (SOL) Gain Ground

Published March 16, 2023

Two of crypto’s main features are its privacy and transparency. But with governments clamping down, privacy coins have started feeling the effects, while transparency focussed coins have benefitted. Monero (XMR) and Solana (SOL) are two cryptos that offer privacy and transparency, and new crypto TMS Network (TMSN) a Defi platform with a difference is surprising all after selling out all $500k worth of the first stage of its presale.

Monero (XMR) 

Monero (XMR) is a privacy-focused cryptocurrency that uses a unique algorithm called Randomx to make its transactions and addresses completely untraceable. Unlike other cryptocurrencies, the Monero (XMR) blockchain records are private and confidential, meaning that the identities and the amount of the transaction are all hidden. 

This makes Monero (XMR) a popular choice for those who value privacy and anonymity, such as activists, journalists, and individuals who are concerned about their financial privacy. Monero (XMR) is also designed to be resistant to ASIC mining, making it more accessible to the average miner. 

However, governments want to know everything we do, and with Monero (XMR) being privacy focussed its adoption is being hampered by a system government clampdown. With this in mind, it’s likely the reason Monero (XMR) hasn’t performed as well as other cryptos.

Solana (SOL)

Solana (SOL) is a platform designed for highly scalable dApps such as NFT marketplaces and DEXs, capable of processing over 50,000 transactions per second. Solana (SOL) has created a thriving community of developers and dApps such as OpenSea, Sharky, and Solend. 

The aim of Solana (SOL) is to surpass Ethereum as the preferred dApp platform in the crypto world, and although it had some embarrassing outages last year, Solana (SOL) is still a crypto platform worth looking at.

During the outages last year, the Solana (SOL) price took a hit, but it has bounced back nicely, and the transparency of the Solana (SOL) network will allow it to flourish going forward.

TMS Network (TMSN) 

TMS Network (TMSN) allows traders to access multiple asset classes, such as CFDs, crypto, forex, stocks, and over 500 digital currencies all in one convenient location. The platform enables instantaneous deposit and withdrawal of cryptocurrencies, making it doubly attractive to Solana (SOL) and Monero (XMR) investors.

In addition to its speed, security, and transparency, TMS Network (TMSN) also offers solutions to longstanding issues plaguing traditional trading platforms, such as scalability, protection from price manipulation, and risk management.

The features outdo any other legacy or DeFi exchange, and one of the most exciting features is the social trading. This allows users to benefit from more experienced and successful traders. If you’re new to trading, simply copy a trade of a successful trader and your trades will execute in real time at the same moment they trade.

Even better if you’re a successful trader as you can put your trades on display for newbs to copy you and you will earn an income. The more traders that copy you, the more you’ll earn. It’s the same for staking. With the $TMSN token, you can stake it to earn an income, or use it to apply liquidity

The TMS Network (TMSN) token also serves as a governance token, granting holders premium access, commission revenue sharing, and token burn, among other benefits. It’s in the second stage of its presale, and after exceeding all expectations and raising over $500,000 in the first stage, the interest in TMS Network (TMSN) continues to grow. You can find out more below and see why savvy investors are getting excited.





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