ThunderCore is an EVM-compatible public blockchain network that supports interoperability and can run Ethereum-based smart contracts and decentralized applications (dApps). The network offers a powerful platform for designing and deploying Web3 applications across DeFi, GameFi, NFT, and other categories.

The ThunderCore blockchain utilizes a Proof of Stake (PoS) consensus mechanism, making it far more environmentally friendly and efficient than other blockchains. The full EVM compatibility allows Ethereum developers to quickly port their smart contracts, dApps, and tools into the ThunderCore ecosystem to realize higher cost efficiencies.

ThunderCore boasts sub-second confirmation times, a throughput of more than 4,000 transactions per second (TPS), and meager transaction fees of less than $0.00001. In addition, the blockchain supports cross-chain compatibility with Ethereum, BNB Smart Chain, and Huobi Eco Chain, offering a highly scalable environment for dApp deployment.

TT is the own native currency that powers the ThunderCore ecosystem. Users and dApps can pay low gas fees using TT crypto. TT can also be staked by validators who wish to contribute to verifying transactions, producing new blocks, and securing the ThunderCore network.

ThunderCore offers an open, public, permissionless blockchain compatible with Ethereum Virtual Machine (EVM). It is secured using a PoS consensus algorithm, letting nodes stake TT to become validators who help with block production and transaction validation within the ecosystem.

ThunderCores original design incorporated the Thunderella consensus algorithm, which has since evolved into PaLa, a breakthrough consensus protocol. PaLa is an enhanced proof-of-stake consensus model with a simpler switching mechanism and more optimized notarization.

Users can submit bids to participate as a consensus node within the ThunderCore blockchain by staking TT. After each session, all valid bids are compiled and sorted based on each ones stake. The top 32 participants will be enlisted to form a committee for the next session after a PaLa reconfiguration block is finalized.

The network also employs mechanisms to slash staked funds to penalize bad behavior among nodes. This further enhances the networks security and makes it resilient to malicious attacks.

ThunderCore was founded by an engineer and former founder of Playdom, Chris Wang, in 2017, who believed in the transformative power of blockchain technology and wanted to bring wide adoption worldwide. The mainnet launch of the ThunderCore network took place in September 2019, making it one of the first EVM-compatible blockchain networks in the market.

In May 2020, the ThunderCore project developers announced the launch of the networks staking pool service, offering up to 24% APRs. The ThunderCore bridge, ThunderBridge, the blockchains infrastructure to power blockchain interoperability, was introduced in November 2020 to transfer tokens between ThunderCore and Ethereum networks.

ThunderCores official DEX TTSwap went live in January 2021, powering the blockchains focus into the world of decentralized finance (DeFi). The cross-chain mechanism between ThunderCore and Binance Smart Chain (now BNB Smart Chain) went live in March 2021, enhancing the interoperability of the blockchain.

The developers behind the project announced an integration with Filecoin to expand the blockchains DeFi capabilities in May 2021. The team announced the Iris Hard Fork in October 2021 to increase the networks interoperability capabilities, solving usability challenges. Phase 1 of the hard fork went live in October 2021, followed by Phase 2 in January 2022.

Other focus areas for the ThunderCore project through 2022 include the Web3 developer platform, improving cross-chain interoperability, launching a universal NFT marketplace and cross-chain NFT badge, and launching the ThunderCore DAO to enable true decentralization of its ecosystem.

ThunderCore is a project aimed at driving mass adoption of blockchain and Web3 technology and holds much promise as an investment to consider. The TT price and market cap could register an uptrend amid the rising adoption of Web 3.0 applications and platforms.

The ThunderCore price could also make solid gains as its platform attracts more developers and end users. Its EVM compatibility makes it an attractive alternative to Ethereum, offering higher scalability and efficiency with lower transaction fees.

As more developers look for ways to work around Ethereums network congestion challenges and high gas fees, platforms like ThunderCore could catapult into the limelight, boosting the TT price statistics. In such an event, it would be interesting to buy ThunderCore token early on and realize gains as its value rises.

Bullish market sentiment could also drive the ThunderCore price to test its highest price paid. A risk-on mood in the global financial market could encourage increased buying activity in cryptocurrencies, keeping altcoins like Thunder token well bid and supported.

TT is the native token of the ThunderCore ecosystem. It has the following use cases:

Native Currency

TT is used to pay transaction fees or gas fees when using the ThunderCore blockchain. Users who wish to transfer payments using the blockchain or dApps that execute smart contracts need to pay gas fees in TT crypto.

Staking

You can stake TT to become a validator in the PoS ThunderCore network. Doing so can help support the blockchains security while earning exciting rewards for validating transactions and producing new blocks.

Crypto Asset to Invest in or HODL

You can trade ThunderCore against other cryptocurrencies in the market or invest in it long-term. Buy or sell TT against other assets in the market or hold long-term if you believe in the future potential of the ThunderCore blockchain. Check the live price of ThunderCore, TT fully diluted market cap, circulating supply, 24-hour trading volume, and the latest crypto news before you trade TT in the market.

TT Wallet is the official crypto wallet of the ThunderCore blockchain. You can use this mobile app to send, receive, store your cryptocurrencies and even interact with dApps operating on the ThunderCore ecosystem.

Here are some applications for the TT wallet

Store Crypto

Use the wallet to store your crypto holdings securely on your smartphone.

Transact

Send and receive crypto payments using the TT wallet. Select the token, enter the receivers wallet address and the amount of tokens you wish to transfer when you send. When you want to receive crypto payments into your TT wallet, copy and share your wallet address with the sender.

Engage with ThunderCore dApps

Connect your TT wallet to interact with decentralized applications on the ThunderCore blockchain. Use it to play games, buy and sell NFTs, and even access DeFi services on the network.

Some key investors in ThunderCore include MetaStable, Pantera Capital, Huobi Capital, Arrington XRP Capital, Electric Capital, and Kenetic Capital.

In addition, the project lists The Sandbox, SWFT Blockchain, Trust Wallet, Certik, Ethereum, Ledger, PancakeSwap, Multichain, and more among its list of partners.

Staking $TT is a great way to generate passive income for ThunderCore token holders Heres how you can stake ThunderCore tokens:

1. Download and install TT Wallet on your smartphone. Fund your wallet with $TT tokens by buying ThunderCore on BYDFi or other supported platforms and withdrawing the tokens to your wallet.

2. Visit the TT Mining section on your TT Wallet account.

3. View available plans, review the APYs on offer, and the duration. Select the plan you wish to subscribe to.

4. Input the number of TT crypto you wish to stake via the TT Mining service.

5. Sit back, earn rewards at the end of your lock-in period, and watch your crypto holdings grow.