TFT Darts Through Round One Of Presale As NEO HELIUM THE GRAPH IOTA Aboard The Moon Train

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The post TFT Darts Through Round One Of Presale As NEO HELIUM THE GRAPH IOTA Aboard The Moon Train appeared first on Coinpedia Fintech News

ToonFi Takeover as Presale explodes

Toon Finance is surpassing top coins as they enter their second phase of presale. The token project is opening a DEX that will service the Ethereum blockchain. Very similar to Pancake swap however  Toon Finance is going to offer many more features. The team of blockchain experts have been working on the project for months now finally releasing their presale. Toon Finance is already listed on major crypto sites like Crypto.com and CoinMarketCap.com 

TFT will offer P2E options on their P2E space battle grounds where users will be able to play one another. This will be the presale of the year with so many investors flocking to the project. The toon team also announced that they will be burning 10% of the tokens to a dead wallet once the coin launches after pre-sale is over. This is going to be huge for presale investors and users who got in early. 

TFT Toonies

Toon Finance is also releasing their cuddly NFT project that includes 10,000 unique cartoon characters. These characters will be one of a kind with multiple choices. Visit the tokens website for more details on when the airdrop is and how to get in. Join the toon team on social media and check out the latest updates on what is going on in the toonieverse. 

This is not a project you would want to miss out on as market experts who have been analyzing meme token projects since DOGE was released in 2013 and they expect TFT to perform more than well. The experts say that Toon Finance may change the world of Defi and change the game for Ethereum. 

Decentralized Finance 101

In the world of finance, there is traditional finance and there is decentralized finance. Traditional finance is the system that has been in place for centuries. It is centralized, which means that it is controlled by a small group of institutions. Decentralized finance, on the other hand, is a new system that is powered by blockchain technology. It is decentralized, which means that it is not controlled by any one institution. 

So, what exactly is decentralized finance? In short, it is a financial system that enables anyone to access the same financial products and services that are currently only available to those who are part of the traditional financial system. This includes things like lending, borrowing, investing, and trading. 

One of the most important things to know about decentralized finance is that it is built on the principle of trustless interactions. This means that you do not have to trust a central authority to handle your transactions. Instead, everything is handled by smart contracts on the blockchain. This makes decentralized finance much more secure than traditional finance. 

How Does Decentralized Finance Work? 

Decentralized finance works by using smart contracts on the blockchain to facilitate transactions between users. For example, let’s say you want to borrow money from a friend. In traditional finance, you would have to go through a bank to get a loan. But in decentralized finance, you can use a smart contract to borrow money from your friend without having to go through a bank. 

This process works because smart contracts are programmed to automatically execute when certain conditions are met. So, in the example of borrowing money from a friend, the smart contract would be programmed to release the funds to you once you have paid back your friend plus interest. 

Benefits Of Decentralized Finance 

There are many benefits of decentralized finance over traditional finance. 

Some of these benefits include: 

  • Increased security: Because decentralized finance transactions are powered by smart contracts on the blockchain, they are much more secure than traditional financial transactions. 
  • Greater access: Decentralized finance makes financial products and services available to anyone with an internet connection. This is unlike traditional finance which only makes these products and services available to those who are part of the traditional financial system. 
  • Lower costs: Decentralized finance transactions often come with lower costs than traditional financial transactions because there are no middlemen involved. 
  • Faster transactions: Decentralized finance transactions are often faster than traditional financial transactions because they do not have to go through multiple intermediaries before they are executed. 
  • Improved transparency: One of the key benefits of decentralized finance is improved transparency thanks to its use of smart contracts on the blockchain. With traditional finance, it can be difficult to track where your money is going and how it is being used. But with decentralized finance, all transactions are transparent and easily accessible on the blockchain. 

Decentralized Finance Is The Future Of Finance 

Decentralized finance represents a fundamental shift in how we think about finances and economic systems. With its increased security, lower costs, and improved transparency, it’s no wonder that more and more people are turning to decentralized finance over traditional financial products and services.”

Why Toon Finance is leaving NEO in the dust

NEO is a blockchain platform that was created in China in 2014. The development team behind NEO aims to create a blockchain that is scalable and supports a wide range of assets. NEO also has its own cryptocurrency, called NEO, which is used to fuel the ecosystem. In this article, we’ll take a look at what NEO is, how it works and what the future holds for this project.

How NEO Works 

NEO uses two different tokens to function: NEO and GAS. NEO tokens are used for voting on changes to the network and for creating new blocks, while GAS tokens are used to pay for transactions on the network. Both tokens can be stored in NEO’s official wallet, called NEON Wallet. 

NEO uses a unique consensus mechanism called dBFT (delegated byzantine fault tolerance). Under this system, token holders can vote for delegates, who then produce blocks and validate transactions. This system is intended to be more scalable than other consensus mechanisms, such as Proof-of-Work (PoW) or Proof-of-Stake (PoS). 

The Future of NEO 

The NEO team has ambitious plans for the future. In addition to becoming the foundation for the next generation of the internet, they also aim to create a smart economy where digital assets, identities and payments can be digitized and interconnected. 

To achieve these goals, the team is continuing to work on improving the scalability of the platform as well as adding new features such as cross-chain interoperability and quantum resistance. They are also working on expanding the use cases for NEO beyond just financial applications. 

NEO is a blockchain platform that was created with the goal of becoming the foundation for the next generation of the internet. The platform is powered by two tokens, NEO and GAS, which are used to fuel its ecosystem. 

NEO has a unique consensus mechanism called dBFT that is intended to be more scalable than other mechanisms like PoW or PoS. The team behind NEO has ambitious plans for the future and is continuing to work on improving the platform and expanding its use cases.

Helium (HNT) VS Toon Finance

Helium (HNT) is a decentralized blockchain-powered network for Internet of Things (IoT) devices. Launched in July 2019, the Helium mainnet allows low-powered wireless devices to communicate with each other and send data across its network of nodes. Helium’s native token, HNT, is used to power transactions on the network and incentivize users to operate network nodes. In this article, we’ll give you a brief overview of Helium and its native token, HNT.

What Is Helium?

Helium is a decentralized blockchain-powered network for Internet of Things (IoT) devices. The Helium network allows low-powered wireless devices to communicate with each other and send data across its network of nodes. The Helium network is powered by the Helium Token (HNT), which is used to power transactions on the network and incentivize users to operate network nodes. 

How Does Helium Work? 

The Helium network consists of two types of nodes: gateways and endpoints. Gateways are operated by users who are rewarded with HNT tokens for providing coverage to endpoints in their area. Endpoints are low-powered wireless devices that connect to the Helium network and send data through gateways to the helium cloud. The data is then stored on the Helium blockchain. 

What Is the Helium Token (HNT)? 

The Helium Token (HNT) is a cryptocurrency that powers transactions on the Helium network. HNT is used to pay for gateway fees, endpoints fees, and data storage fees on the helium blockchain. HNT is also used to incentivize users to operate gateways and provide coverage to endpoints in their area. 

Who Created Helium? 

Helium was founded by Amir Haleem, Shawn Fanning, and Yehonatan Goldman. Amir Haleem is the CEO of Helium, Shawn Fanning is the co-founder of Napster, and Yehonatan Goldman is a software engineer who has worked at Google and Facebook. 

Helium (HNT) is a decentralized blockchain-powered network for Internet of Things (IoT) devices that was launched in July 2019. The native token of the Helium network, HNT, is used to power transactions on the network and incentivize users to operate network nodes. If you’re interested in investing in HNT, you can purchase it on major cryptocurrency exchanges such as Binance or Huobi Global.

The Graph TFT  Powering Decentralized Applications

The Graph is an indexing protocol for querying data for networks like Ethereum and IPFS. The protocol powers many applications in both DeFi (decentralized finance) and the broader Web3 ecosystem. In this blog post, we’ll give you a brief overview of what The Graph is and how it works. 

What is The Graph? 

The Graph is an indexing protocol for querying data for networks like Ethereum and IPFS. The protocol powers many applications in both DeFi (decentralized finance) and the broader Web3 ecosystem. In layman’s terms, The Graph allows developers to build decentralized applications (dApps) that can query data from Ethereum and IPFS. 

How does it work? 

The Graph has two components: subgraphs and the graph network. Subgraphs are open APIs that applications can query using The Graph’s query language, GraphQL, to retrieve blockchain data. The graph network is a decentralized network of nodes that power the subgraphs. The graph network will be launching later this year. 

Why is it important? 

TheGraph is important because it provides a way to easily index and query data from Ethereum and IPFS. This enables developers to build dApps that require data from Ethereum or IPFS without having to worry about setting up their own servers or indexes. 

TheGraph is a protocol that enables developers to easily query data from Ethereum and IPFS. TheGraph’s decentralized network of nodes will be launching later this year, which will power subgraphs – open APIs that applications can use to query blockchain data. TheGraph is important because it provides an easy way for developers to build dApps that require data from Ethereum or IPFS.

IOTA (MIOTA) 

IOTA is a distributed ledger with one big difference: it isn’t actually a blockchain. Instead, its proprietary technology is known as Tangle, a system of nodes that confirm transactions. The foundation behind this platform says this offers far greater speeds than conventional blockchains — and an ideal footprint for the ever-expanding Internet of Things ecosystem.

IOTA’s native currency is miota, or MIOTA, and it was designed to be the fuel for this network of connected devices. IOTA Foundation, the Germany-based not-for-profit behind the project, says its system can process transactions with “no fees at all.” This is made possible by what’s known as a “directed acyclic graph” (DAG).

How Does IOTA Work?

IOTA’s ledger is called the Tangle. Rather than having dedicated miners like Bitcoin or Ethereum, each transaction on the network verifies two other past transactions. This means there is no need for an energy-intensive process to confirm new blocks and secure the network — which also means there are no transaction fees. 

The team behind IOTA claims their network can process transactions faster than any other cryptocurrency. They say conventional blockchains have a slow and centralized design that doesn’t scale well. 

The Tangle, on the other hand, can theoretically handle an unlimited number of transactions simultaneously because there are no blocks to be added to the chain and no miners to approve them — meaning every user helps to verify transactions as they occur. 

IOTA has some big-name backers. These include Bosch, Microsoft, Samsung, and Fujitsu — all of which are members of the IOTA Foundation. The organization says it wants to make sure “the Internet of Things keeps running smoothly” by helping companies commercialize their IoT products and services. 

To do this, IOTA has created various tools and partnerships. For example, its Data Marketplace initiative allows companies to buy and sell data streams in a secure environment built on the Tangle ledger.

 In November 2018, IOTA launched its Chrysalis upgrade — the first stage of a three-part plan to improve scalability, security, and interoperability on its network. The final two parts — known as Coordicide and Alphanet — are expected to launch in 2019/2020. 

IOTA (MIOTA) is a cryptocurrency designed for use on the Internet of Things (IoT). Its unique Tangle ledger offers fast transaction speeds with no fees — making it ideal for powering a network of connected devices. Backed by some big names in tech, IOTA appears to be well positioned to take advantage of the growing IoT ecosystem in the years ahead.

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