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Trinity Network Credit Review

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Revainrating 3 out of 5  
Rating 
3.1
Crypto Projects

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Description of Trinity Network Credit

Trinity Network Credit (TNC) is a cryptocurrency and operates on the Neo platform. Trinity Network Credit has a current supply of 1,000,000,000 with 333,333,333 in circulation. The last known price of Trinity Network Credit is 0.00036487 USD and is down -1.79 over the last 24 hours. It is currently trading on 5 active market(s) with $17,056.66 traded over the last 24 hours. More information can be found at https://trinity.tech/.

Reviews

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Type of review

Revainrating 3 out of 5

Offers NEP_5 protocol to users

Trinity Network Credit is a cryptocurrency project created with blockchain technology. Trinity Network Credit's website is only available in two languages. The project does not have a live support service, but you can reach them via email and ask them about your questions and problems. They respond to you in an average day. They are very active on social media platforms. Medium, Twitter, Reddit and Telegram .. Trinity Network Credit has some partners. These; + Gateİo + BCEX + MXC Trinity…

Pros
  • Uses Nep-5 and erc-20 technologies
  • It is open source and can be developed
  • They are very active on social media
Cons
  • No live chat service
  • Not popular enough
  • Insufficient number of languages

Revainrating 4 out of 5

TMC is a serious risk for cash to contribute to its prosperity ...

The triangle corresponds to the blocking action of these NEP-5 standard symbols. As a network that facilitates neo-adaptation, Trinity, through its state-of-the-art channel technology, performs continuous parts of Neo backbone resources, low exchange fees, multifaceted and security guarantees. This can be especially helpful for customers who can't do anything and medium-sized. there are central points of size or complete chain sources. This can also lead to a wider choice of money by reducing…

Pros
  • Setup channel / response for NEO offchain scaling response for NEO (More specifically, it allows you to get out of the chain through triple exchange agreements, you can make different exchanges when you get out of the chain, which makes it very fast and time consuming).
Cons
  • Tuition will expand until a full $ 1 billion full-year action comes after the fifth year.

Revainrating 3 out of 5

Trinity Network: boundary free organization proficiency

In this day and age the worth of time is boundless; hence, practicing electronic business with a stage that notwithstanding security gives us speed in our exchanges is a need. Considering this, the organizers of Trinity Network fostered this application. Trinity Network is a stage that offers an answer for the adaptability issues that some blockchains present. Its commitment to cryptographic innovation is to foster a component that straightforwardly adds to the speed increment of activities…

Pros
  • Permits you to execute moment installments
  • Offers minimal expense rates
Cons
  • Low worth of the coin

Revainrating 2 out of 5

Today I will discuss about the project Trinity Network Credit

It tends to be utilized for a bound together settlement utilizing these tokens as a home loan property while building up a channel. This can be particularly helpful for clients who can't coordinate little and medium-sized hubs or full-chain assets. This can lessen exchange costs for on-chain and off-chain exchanges on the trade and lead to broad selection of the cash, attracting more financial backers. Though moment exchanges without an exchange are the point at which the executing parties…

Pros
  • Permits you to execute moment installments
Cons
  • Low worth of the coin

Revainrating 3 out of 5

Trinity Chain Converter Project.

Chain Asset Conversion Technology can be deciphered as an extension that interfaces various squares as a method of changing over resources between various chains, changing over resources and trading data. The TMC receives notarial plans, which are a brought together construction that chooses a legal official gathering to screen the occasions and circumstances in the objective chain and sign the exchange of resources. It is a non-chain aggregate arrangement that plans to make ongoing…

Pros
  • The large coins are in steady turn of events and it appears TNC is far off them.
Cons
  • I didn't discover any defects in this undertaking.

Revainrating 4 out of 5

Trinity Network: barrier-free network efficiency

In today's world the value of time is immeasurable; for this reason, exercising electronic commerce with a platform that in addition to security gives us speed in our transactions is a priority. With this in mind, the founders of Trinity Network developed this app. Trinity Network is a platform that offers a solution to the scalability problems that some blockchains present. Its contribution to cryptographic technology is to develop a mechanism that directly contributes to the speed increase…

Pros
  • Allows you to execute instant payments
  • Offers low cost rates
  • Provides privacy to assets
Cons
  • Low value of the coin

Revainrating 3 out of 5

Scalability and privacy protection for assets.

This is a young class of cryptocurrencies that provide off-chain scaling solutions for the NEO blockchain. It uses state-of-the-art channel technology to provide off-chain scaling solutions to the public, especially the NEO blockchain. These tokens act as utility tokens that can be used to execute all transactions, value added service activities, fees, contribution rewards, etc. on the platform.

Pros
  • It solves the blockchain scalability problem of NEOs using off-chain transactions. It lapses during the confirmation period and helps with real-time payment, with lower transaction fees, regardless of the number of transactions on the network.
  • All logic levels are completely decoupled from each other. This way they serve the dApps independently. It facilitates crosschain transaction services.
  • It can be used to create a p2p and global payment infrastructure using the NEO enhancement proposal token (NEP-5).
Cons
  • This could turn out to be a better long-term hold than just any other pump-and dump scheme.

Revainrating 3 out of 5

Off-chain scaling solutions for NEO blockchain.

It can be used for a unified settlement using these tokens as a mortgage property when establishing a channel. This can be especially useful for users who are not able to integrate small and medium-sized nodes or full-chain resources. This can reduce transaction costs for on-chain and off-chain transactions on the exchange and lead to widespread adoption of the currency, luring more investors.

Pros
  • Whereas instant transactions without a transaction are when the transacting parties place their assets on the neo blockchain as a security deposit.
  • It provides fully automated routing to state channels and to transaction teams that do not install real-time, state channels.
  • It provides its users with plug-in customizable offchain transaction services, including channel service level. This enables the customization of services to suit the needs of various industries and transactions.
Cons
  • In the widespread use of tokens, it can be tightly managed in the market if conditions permit.

Revainrating 2 out of 5

Interconnection between chains. ETH-NEO

This is a platform that handles transactions outside the chain with greater speed and reducing costs in transaction fees. It has an open source protocol. In general this is another medium of exchange that seeks to boost the use of cryptocurrencies from different chains, allowing to make or receive payments in different currencies and combining them in a selected currency. Like other projects with these characteristics, they only have a wallet and a quick exchange. Currently there are options…

Pros
  • This is a NEO side token.
  • Payments made in real time.
  • Highly scalable, even outside their respective chains.  
Cons
  • It is only listed in a couple of exchanges.
  • It is not easy to understand what the project does.
  • Especially aimed at China, or so it seems.  

Revainrating 2 out of 5

TNC is a currency with a high degree of risk to invest because its success is…

TNC is a currency with a high degree of risk to invest because its success is directly linked to the growth of the Chinese currency NEO. TNC IS A CURRENCY THAT DECOLES WILL TAKE YOU TO THE PARADISE

Pros
  • TNC is an offchain agnostic scaling protocol that is based on the NEO network. Trinity acts as a lightning network for NEO in order to achieve real-time payments, low transaction fees, scalability, and privacy protection for NEO assets. Using state channel technology, Trinity will significantly increase blockchain throughput for NEP-5 token transfers. Fast - State channels allow multiple transactions to be made out of the chain at exceptional speed and installed in the chain to ensure security. open code - The Trinity protocol is fully open source and developers can create their own product using the protocol. On-chain Settlement - Trinity guarantees the security of the state channels, establishing itself in the chain and reaching the decentralization, transmitting the result for the whole network. Trinity Wallet is available for Android.
Cons
  • It has a small cap, with limited exchanges Trinity Wallet is not available for IOS

Revainrating 5 out of 5

Trinity delivers a scaling solution for NEO which allows it to make fast, cheap…

Trinity delivers a scaling solution for NEO which allows it to make fast, cheap, and private transactions. Their headquarters are literally next to the NEO team in China so they work closely and compliment each other well. They also have a mobile application and PC version of their app. With Trinity you can create a private channel between two individuals and make private, fast, cheap transactions instantly.

Pros
  • Payment channel/solution for NEO offchain scaling solution for NEO (In more simple terms, trinity allows transactions to be made off chain through a smart contract, you can do multiple transactions when you’re off chain which means super-fast processing times and cheap compared to on chain transactions which are much slower and more expensive) Lightning network for NEO and its decentralized applications, kind of what Raiden has done for Ethereum, it will make NEO run much faster. Trinity will be great for instant, cheap and private transactions Users get rewards for holding and using trinity tokens Great team (All block chain experts) CEO was a former antshares manager and 3 excellent advisors You can find interviews with CEO on youtube, also there are youtube videos that demo how Trinity works in action.
Cons
  • Circulating supply will increase each year until total supply is reached which I believe is 1 billion after the fifth year. Big competitor out there is Litecoin (LTC) which is already established After looking at the demo, it may be more complicated for beginners so they will need to simplify their app and how to do transactions.

Revainrating 4 out of 5

We are yet to see where the team will take TNC, but I have high hopes from…

We are yet to see where the team will take TNC, but I have high hopes from this one. 2 years down the line look really futuristic right now.

Pros
  • NEO just announced that it will have 100k transactions per second by 2020 ON CHAIN, combine that with Trinity, NEO may just becoem the most scalable massive dApps based supercomputer. It does off chain scaling for the NEO blockchain, kind of like Raiden for Ethereum. Their team looks dedicated and focussed.
Cons
  • There is doubt as to why the token will be used at all, but they have detailed it in their whitepaper. It is optional to use, but i like that they make it absolutely clear. It just forms a unified currency for the off chain state channel which has potential to become huge on its own but it can be applied to everyone of the ICO on the NEO blockchain for scaling,