Home » Blockchain » What is TNC Coin and how does it work?

What is TNC Coin and how does it work?

by Financial Economy

TNC Coin is a Blockchain network created by TNC IT Group, an IT company. This Blockchain network aims to offer users high speed, scalability and security. Information about some topics that what is TNC coin, how does it work, how to buy it, on which exchange, how much is it, etc. is in continuation of the article. You can browse here for information about MetagamZ (METAG) coin.

What is TNC coin and how does it work?

In the TNC network, users can process extremely fast within the TNC network, which can process 300,000 operations per second. The network uses the Proof-of-Merger mechanism to provide this speed. Users can develop their own products with smart contracts within the TNC network.

Within the TNC Coin network, users can develop their own dApps and tokens. The developers involved benefit from the extremely fast network. Basically like Ethereum, the TNC network has its own smart contracts. For example, users who want to generate tokens can use the TNC-21 smart contract. At the same time, the network also allows users to test their dApps. It offers enterprise-grade security and immutable assets. Accordingly, all transactions and assets are encoded into the Blockchain.

TNC token features!

TNC Coin, the network’s native cryptocurrency, has many use cases. These include paying gas fees, staking and ensuring decentralization. Accordingly, TNC Coin holders have the advantage of locking their assets into smart contracts with a certain maturity. Locked assets bring additional token rewards to the user at maturity. This allows them to earn passive income.

Additionally, TNC uses a consensus mechanism called Proof-of-Merger. This mechanism facilitates automatic TNC Coin burning. This mechanism makes competition possible on fair terms, reducing TNC’s supply in the market. The value of the assets whose supply is decreasing is protected in a healthier way.

Which exchange is TNC coin on?

TNC Token is listed on some cryptocurrency exchanges such as CoinTiger, Bibox, Hotbit, ExMarkets, STEX, etc.

How to buy TNC coins?

TNC Coin can be purchased from listed some cryptocurrency exchanges, like mentioned above. However, before trading, it is necessary to make sure that the exchange and the crypto project are “RELIABLE”. It is so important point for investors.

TNC token supply!

Total supply of TNC token is 196.719.999.947 TNC.

TNC token price!

As of December 12, 2022, at the time of the writing, 1 TNC Coin price is around $0,00038 (because of the volatility on crypto market the price can change instantly).

Caution: The information contained in this content is for general informational purposes only. It is not investment advice.

For information about cryptocurrency: https://en.wikipedia.org/wiki/Cryptocurrency

Related Posts

Leave a Comment