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Timechain Swap Token Stock

Timechain Swap Token

TCS

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Timechain Swap Token Whitepaper

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Börse Marktpaar Preis +2% Tiefe -2% Tiefe Volumen (24H) Volumen % Typ Liquiditätsbewertung Aktualität

Timechain Swap Token FAQ

{ "q": "about", "a": "What Is TimechainSwap (TCS)?\n\nTimechainSwap is a decentralized exchange (DEX) aggregator currently operational on the Fantom ecosystem, with plans to extend its reach to the Binance Smart Chain and the Ethereum ecosystem. It integrates various DEXs into a single platform, enabling users to discover the most efficient swapping routes across all integrated platforms. DEX aggregators streamline the token swapping process by removing the need to manually check prices and liquidity, thereby enhancing efficiency. They achieve this by sourcing liquidity from different DEXs, which allows them to offer users more favorable swap rates quickly compared to a single DEX.\n\nThe TimechainSwap Token was launched on September 28, 2021, following a $1.5 million funding round from Ledgerlink Labs, AlphaBit, Launchpool, and various angel investors.\n\nWho Are the Founders of TimechainSwap?\n\nTimechainSwap is developed by Timechain, a regulated Canadian-based fintech company founded by Louis Cleroux. Cleroux has collaborated with over a dozen public companies to drive innovation and regulation in the fintech sphere. He is a Finance graduate from the John Molson School of Business and is currently pursuing a Master’s degree in Engineering at ETS Montreal.\n\nWhat Makes TimechainSwap Unique?\n\nTimechainSwap provides substantial reductions in transaction fees, superior swap rates, and quicker transaction approval times. The platform aims to offer a wide array of renowned DeFi services in the future. Furthermore, a Canadian FIAT-on-ramp CEX mobile application is under development.\n\nHow Many TimechainSwap Tokens (TCS) Are There in Circulation?\n\nThe TimechainSwap token launched on September 28, 2021. TCS tokens are designed for consumption within the complete Timechain ecosystem, TimechainSwap token protocols, and other applications that third parties might develop using TCS tokens and/or the permissionless, blockchain-based decentralized Timechain network.\n\nAs of its release on September 28, 2021, the circulating supply of TCS amounted to 3.27 percent of the total issuance, including the first month of the liquidity mining program. The total current supply of TCS is 20 million tokens.\n\nOut of the total token supply, 20 percent is assigned to community incentives and will be distributed over the next four years to encourage community involvement in the ecosystem.\n\nOver a two-year span, 14 percent of the total supply is allocated to the protocol growth and development fund, aimed at issuing grants, onboarding developers, and compensating users who encountered unforeseen circumstances.\n\nHow Is the Timechain Ecosystem Secured?\n\nTimechainSwap operates as a non-custodial platform, with all trades executed within a single transaction from the user's wallet. As of September 2021, integrations include SpookySwap, SpiritSwap, SushiSwap, Curve, PaintSwap, Hyperjump, among others, within the TimechainSwap DEX Aggregator.\n\nWhere Can You Buy Timechain Swap Token (TCS)?\n\nTCS is available for purchase on several decentralized exchanges, including SpookySwap, SpiritSwap, and TimechainSwap.\n\nFor those new to cryptocurrency, detailed guides on the best ways to purchase Bitcoin can be found on Eulerpool.\n\nTo learn more about this project, please refer to our Medium page.", "rank": "0" }

Investors interested in Timechain Swap Token are also interested in these Cryptos

This list presents a carefully selected selection of Cryptos that might be of interest to investors. We have our own crypto analyses for all listed Cryptos on Eulerpool.

Beginnings and the Rise of Cryptocurrencies

The history of cryptocurrencies began in 2008 when an individual or group using the pseudonym Satoshi Nakamoto published the whitepaper "Bitcoin: A Peer-to-Peer Electronic Cash System." This document laid the foundation for the first cryptocurrency, Bitcoin. Bitcoin utilized a decentralized technology known as blockchain to enable transactions without the need for a central authority.

In January 2009, the Bitcoin network commenced with the mining of the Genesis Block. Initially, Bitcoin was more of an experimental project for a small group of enthusiasts. The first known commercial purchase using Bitcoins occurred in 2010, when someone spent 10,000 Bitcoins on two pizzas. At that time, the value of one Bitcoin was just fractions of a cent.

The development of other cryptocurrencies

Following the success of Bitcoin, other cryptocurrencies soon emerged. These new digital currencies, often referred to as "Altcoins," sought to use and improve blockchain technology in various ways. Some of the most well-known early Altcoins include Litecoin (LTC), Ripple (XRP), and Ethereum (ETH). Ethereum, founded by Vitalik Buterin, was particularly distinct from Bitcoin, as it enabled the creation of smart contracts and decentralized applications (DApps).

Market Growth and Volatility

The cryptocurrency market grew rapidly, and with it public attention. The value of Bitcoin and other cryptocurrencies experienced extreme fluctuations. Highlights such as the end of 2017, when the Bitcoin price nearly reached 20,000 US dollars, alternated with sharp market crashes. This volatility attracted both investors and speculators.

Regulatory Challenges and Acceptance

As the popularity of cryptocurrencies rose, governments around the world began to grapple with the regulation of this new asset class. Some countries adopted a friendly stance and encouraged the development of crypto technologies, while others introduced strict regulations or outright banned cryptocurrencies. Despite these challenges, the acceptance of cryptocurrencies in the mainstream has steadily increased, with companies and financial institutions starting to adopt them.

Recent Developments and the Future

In recent years, developments such as DeFi (Decentralized Finance) and NFTs (Non-Fungible Tokens) have broadened the range of possibilities offered by blockchain technology. DeFi enables complex financial transactions without traditional financial institutions, while NFTs allow for the tokenization of artwork and other unique items.

The future of cryptocurrencies remains exciting and uncertain. Questions about scalability, regulation, and market penetration remain open. Nevertheless, interest in cryptocurrencies and the underlying blockchain technology is stronger than ever, and their role in the global economy is expected to continue growing.

Advantages of Investing in Cryptocurrencies

1. High Return Potential

Cryptocurrencies are known for their high potential returns. Investors who got in early on projects like Bitcoin or Ethereum have made substantial gains. This high return makes cryptocurrencies an attractive investment opportunity for risk-seeking investors.

2. Independence from Traditional Financial Systems

Cryptocurrencies offer an alternative to the traditional financial system. They are not bound to the policies of a central bank, making them an attractive hedge against inflation and economic instability.

3. Innovation and Technological Development

Investing in cryptocurrencies also means investing in new technologies. Blockchain, the technology behind many cryptocurrencies, has the potential to revolutionize numerous industries, from financial services to supply chain management.

4. Liquidity

Cryptocurrency markets operate around the clock, which means high liquidity. Investors can buy and sell their assets at any time, which is a clear advantage compared to traditional markets that are tied to opening hours.

Disadvantages of Investing in Cryptocurrencies

1. High Volatility

Cryptocurrencies are known for their extreme volatility. The value of cryptocurrencies can rise or fall quickly and unpredictably, posing a high risk to investors.

2. Regulatory Uncertainty

The regulatory landscape for cryptocurrencies is still emerging and varies greatly from country to country. This uncertainty can lead to risks, especially when new laws and regulations are introduced.

3. Security Risks

While blockchain technology is considered very secure, there are risks associated with the storage and exchange of cryptocurrencies. Hacks and fraud are not uncommon in the crypto world, which requires additional precautions.

4. Lack of Understanding and Acceptance

Many people do not fully understand cryptocurrencies and the underlying technology. This lack of understanding can lead to misguided investments. Additionally, the acceptance of cryptocurrencies as a means of payment is still limited.