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How Stacks (STX) is Defining Smart Contracts in the Bitcoin Network, Chainlink (LINK) Brings in Real-World Data To Blockchain Tech & TMS Network (TMSN) Taking The Market By Storm Despite the Recent Negative Events

The banking crisis is hitting the community hard, but these are usually the best times to invest in the markets while prices are low. Let’s take a look at some strong use-case tokens. Chainlink (LINK), Stacks (STX) & TMS Network (TMSN).

Stacks (STX) Defining Bitcoin Smart Contracts

Stacks (STX) is a layer 2 that is built upon the Bitcoin network. It’s been around since 2017, but only recently has it started to catch the attention of investors.

Stacks (STX) provides a valuable service in unlocking Bitcoin to create smart contracts, enabling the use of the Stacks network. By locking up Stacks (STX), users can earn rewards of up to 10% APY paid in BTC with the stacking feature. This serves to both secure the unique consensus mechanism of the Stacks network and to offer users attractive rewards for doing so.

Moreover, users can use Stacks (STX) as a form of currency in the larger ecosystem, ranging from decentralized finance services and non-fungible tokens (NFTs) to decentralized applications (Dapps). Stacks (STX) is quickly becoming an important part of any crypto portfolio due to its versatility in both earning rewards and making transactions in the larger blockchain landscape.

The Underlying Use Case of Chainlink (LINK)

With cryptocurrency and blockchain becoming mainstream, Chainlink (LINK) has quickly established itself as an essential part of the decade’s burgeoning industry.

In fact, Chainlink (LINK) service is a vital tool for developers looking to create smart contracts. Why? Because it enables these contracts to connect with data sources, not within their isolated blockchain networks but to collect real-world data. This helps ensure that processes are more secure and reliable while being able to “talk” directly with traditional systems underlying modern economies.

The Chainlink (LINK) platform facilitates the connection between off-chain and on-chain blockchain systems. Through this innovative platform, smart contracts can be written and implemented to act on data from offline sources, as well as respond quickly to real-world events.

This unlocks a world of possibilities for automating business agreements without relying on potentially unreliable external evidence. At the core of the ecosystem are three critical components: Chainlink’s cryptocurrency (LINK), the Chaninlink (LINK) token, and the blockchain that operates as the Chainlink (LINK) Network. Together, these components provide a bridge between traditional and distributed ledger technologies that offers numerous advantages over existing methods.

As users become increasingly comfortable with cryptocurrency and look to take advantage of all that trending blockchain technology has to offer, it’s clear why Chainlink (LINK) has been gaining attention — and why so many people are entering the field.

TMS Network (TMSN) Taking the Markets by Storm During its Presale

Trading has always been fraught with a host of challenges, but TMS Network (TMSN) is flipping the traditional trading landscape on its head. TMS Network’s (TMSN) revolutionary decentralized trading platform uses cryptocurrency and derivatives to completely change the way traders interact with the market.

What makes TMS Network (TMSN) stand out from existing players is that it doesn’t require a trading account or bank account – just connect your wallet, and you’re good to go. TMS Network (TMSN) also brings social trading into the picture with our TMSN Social Trading Club, so you can get guidance from experienced traders or strategize using automated bots and back testers. Whether you are a new entrant or seasoned trader, TMS Network (TMSN) platform offers an unparalleled level of security, convenience, and productivity.

Currently, in the presales of sale TMS Network (TMSN) token is priced at $0.038. Many experienced investors are strongly backing the project and the numbers speak for themselves. In just a few short weeks, TMS Network (TMSN) seed sale and presale has raised over $3.2 million.

Presale: https://presale.tmsnetwork.io

Website: https://tmsnetwork.io

Telegram: https://t.me/tmsnetwork

The post How Stacks (STX) is Defining Smart Contracts in the Bitcoin Network, Chainlink (LINK) Brings in Real-World Data To Blockchain Tech & TMS Network (TMSN) Taking The Market By Storm Despite the Recent Negative Events appeared first on Analytics Insight.

This content was originally published here.