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Information

Data from
Issue Time
1970/01/01
Initial Price
US $ 0.00021224
Circulation/Max
5.85B/
Dominance
0.00%
ROI -59.06%
$0.00021224$0.32016997
Low · 2022/11/102022/11/10 · High

Information

What is the description of the coin?

TNC (Trinity Network Credit) is the 'protocol fuel' for the Trinity network. It is used to pay the deposit for the state channel and the cost of fuel required for channel establishment. Additionally, it serves as a reward for the participants in the Trinity network. The Trinity network protocol is a customizable layered protocol architecture. The underlying communication layer of Trinity provides fundamental asset flow and micro-payment functions without any extra payment fees to users. Trinity goes beyond being just a payment protocol; it is a decentralized off-chain expansion technology ecosystem that enables the seamless movement of digital assets. To support the ecosystem's growth, both technology updates and community incentives are essential. TNC acts as the incentives for the Trinity network and is a crucial component for off-chain expansion technologies and relevant production applications, enhancing the effectiveness of digital assets in serving production.

Answers

What Is TNC Coin (TNC)?

The official digital currency of TNC is TNC Coin. It plays a crucial role in all of the operations and transactions that take place within the TNC ecosystem. The ecosystem is anticipated to expand continuously on the TNC mainnet.

TNC Coin will be put to use in an open-source network where programmers can fork and produce TNC-21 standard tokens by developing applications on the TNC mainnet.

Who Are the Founders of TNC Coin?

TNC was developed by TNC IT Solutions Group. Established in 2018, the company provides blockchain development, security, and consultancy services

Ethan Lee is a C-level executive in the IT and fintech industry who considers blockchain technology to be a fundamental element for building creative solutions, enhancing experiences, and achieving technological progress. Lee worked for 5 years at Hyundai Heavy Industries Co., Ltd as a manager and served as Head of I&C Department at Samsung C&T Corporation for over 10 years.

Jason H. Jang is a co-founder who officially stepped down as CEO of TNC Coin due to personal obligations in August 2022. Another ex-CEO and co-founder of TNC IT Group is Bruce Jeong.

Currently, Jon "DRJ" Najarian is the Chairman of TNC IT Group. He was a linebacker for the Chicago Bears before trading on the Chicago Board Options Exchange. He is now a host on CNBC, a professional investor, money manager, and markets analyst.

What Makes TNC Coin (TNC) Unique?

TNC Coin is a blockchain architecture with high scalability and strong security that was developed to meet the needs of the dynamic cryptocurrency market.

The Proof-of-Merger consensus was introduced by TNC to support the M&A initiatives. The Proof-of-Merger consensus aims to equalize the price of crypto assets by enabling automatic token burning. Burning tokens is a method for driving up and stabilizing cryptocurrency market prices. As a result, Proof-of-Merger ensures that the terms of the crypto M&A token swap agreement are fair for both merger companies and customers.

The TNC mainnet claims to provide enterprise-grade security, asset immutability, and a highly scalable network.

Related Pages:

Read about KardiaChain (KAI) and Stacks (STX).

Check out the CMC glossary where you can learn all the most important blockchain and crypto terms.

Want to brush up on your crypto knowledge? Check out our educational portal - CMC Alexandria.

How Many TNC Coin (TNC) Coins Are There in Circulation?

TNC Coin is the native token of the TNC platform, it has a total supply of 196,719,999,947 TNC with 5,851,183,164 TNC in circulation, at the time of writing. According to their official website, TNC is used for partner allocation (25%), TNC reserves (20%), investors (10%) marketing (10%), charities (10%), R&D (10%), business development (10%) and operational expenses (5%). However, TMOND is the utility token for the TNC ecosystem which will be used to pay for gas fees, deploy smart contracts, and ultimately make the TNC network more efficient.

How Is the TNC Coin network Secured?

TNC Coin (TNC) implements the Dual Delegated Proof-of-Stake (DDPoS) consensus mechanism, an upgraded version of the EOS DPoS. According to the whitepaper, the TNC mainnet reached 300,000 transactions per second (TPS).

Where Can You Buy TNC Coin (TNC)?

TNC Coin (TNC) can be purchased on several cryptocurrency exchanges, including PancakeSwap, ProBit Global, BitForex, Bibox, CoinTiger, ExMarkets, XT.COM, and several more.

Download the CMC mobile app to track prices of TNC in real-time.

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