Review on Thunder Token by David Olayide
ThunderToken Cryptocurrency
Thunder Token, is the native cryptocurrency of the ThunderCore Blockchain. ThunderCore is actually a fast, high-performance Ethereum based public blockchain, a d what this means is that it makes use of the same language and tools with fully decentralized trust that brings scale to decentralized applications. I was particularly interested in the cryptocurrency project because of its aims and intentions of a higher and, faster block confirmation time, and also lower costs in terms of fees. It is basically a cheaper and faster version of Ethereum.
The technology unlocks many potential applications in various use cases. ThunderToken performs exactly what Ethereum itself does for it’s Ethereum network. The token is used for paying gas fees on the ThunderCore network. Now it is easy to be doubtful of the origin and structure of the ThunderToken cryptocurrency project, but I found out that the project is a result of years of research and carefully backed up with mathematical proof.
ThunderCore eventually aims to attack and provide a solution to the scalability problems that afflict a lot of blockchains most, especially that of Ethereum. It hopes to solve the problem while letting users and developers stick to the to the existing wallets, dev-ops tools and programming languages that they are already used to.
The ThunderToken (TT) has a lot of applicable advantages as such. These advantages include the speed of transactions and confirmation time, over 1000+ transactions per second, the very cheap cost and it’s EVM compatibility. The project is a good one and with time, I expect that it will grow and develop to be a more efficient alternative to Ethereum.
Pros
- ThunderToken provides an alternative to Ethereum
- Much faster with higher TPS volume
- Less costly transfer charges
- Faster confirmation times
Cons
- Not as popular as the main Ethereum project
