TomoChain (TOMO) News, Price Predictions, Opinions and Analyses Created by Users

TomoChain (TOMO)

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TomoChain (TOMO) is a cryptocurrency made by Long Vuong in 2017. It is a decentralized public blockchain that is a solution for decentralized applications (dApps).

Described as the most efficient blockchain for the token economy, TomoChain is an Ethereum Virtual Machine (EVM) compatible blockchain that is faster than its competitors and offers fast times, double validation and very low transaction fees. The entire project helps to be a strong player in the Internet of Value as it creates a strong decentralized solution for any potential dApps. The fact that it is EVM compatible means that any dApp already built on Ethereum can easily transfer over to TomoChain with ease. This is because TomoChain is compatible with all Ethereum smart contracts and protocols which also allows cross-chain token swaps to occur via Atomic Swaps. Furthermore, this also means that any major technical upgrade released on Ethereum can be researched and added to TomoChain codebase if appropriate.

TomoChain uses a unique Proof-of-Stake Voting (PoSV) consensus mechanism which incorporates a fair built-in voting mechanism and security is guaranteed with double validation. The network relies on a master node system in which 150 master nodes are voted in by the community. This master node structure allows for the network to achieve a very high throughput that has reached over 2000 Transactions Per Second (TPS) on the test net. The team has the goal of reaching around 20,000 to 30,000 TPS by incorporating scaling solutions such as sharding.

TomoCoin is the ERC-20 coin that fuels TomoChain. It is required for a user to become a master node operator as they need to deposit 50,000 TOMO into a Voting Smart Contract to eligible to be voted. Furthermore, users are rewarded TOMO for voting in the 150 master nodes that run the network,

Tomochain’s (TOMO) Rejection Casts Doubt On Bullish Prospects (TA - 19th of October)

19 Oct 2020 2 minute read 0 comments pheonixdown-dee

While the Tomochain (TOMO) price is resting above several crucial support levels, technical indicators and the wave count suggests that the price has begun to correct. TOMO Holds on to Support The TOMO price reached a high of $1.55 on Aug 13, but dro...

TOMO is schilling massively nowadays, What is TOMO ?

20 Aug 2020 1 minute read 0 comments Snow Under Sun

Tomochain is a blockchain platform where you can create smart contracts like Ethereum, EOS and Tron.  Emerging with the aim of finding a solution to the scalability problem faced by Ethereum, Tomo solves this problem with the 150-Masternode architect...

Tomodex Tutorial & Review

6 Aug 2020 2 minute read 0 comments LiteLiger

Tomodex Tutorial & Review TomoDEX - is the first decentralized exchange powered by TomoX protocol. Operated by TomoChain Pte. Ltd. yet secured by the trustless TomoChain blockchain. Powered by and secured directly through the TomoChain Masternode ne...

250 CHSB tokens in 1 week! The Fast Lane of the Swissborg Community App Challenge

17 Jul 2020 3 minute read 1 comment Overmind

Hi all,  last post i made the following offer to you. In this post I´d like to show you how to earn easily 250 CHSB of 1,750 CHSB tokens in one week.  This guide reflects a safe strategy you can also try a riskier one. However, in the game of the Swi...

Swapping (SWAP) - Instant Crypto Exchange without any KYC Build in TOMO Blockchain

15 Jul 2020 1 minute read 0 comments FreedomBuilder

  🎁 Total Reward: Receive up to 100 SWAP ≈ $10 and 10 SWAP for each Referral. ✅ Start the Swapping Telegram Airdrop Bot. 🔶 Airdrop Task:☑️ Follow their Telegram Group.☑️ Follow their Twitter. 🌀 Submit your details to the airdrop bot with your Tomocha...

TomoChain, a Singapore-Based Exchange, Launches P2P Lending Feature

5 Jun 2020 1 minute read 1 comment cryptoddy

TomoChain is a cryptocurrency exchange based in Singapore. They have launched a new feature that is peer-to-peer lending in their TomoDEX platform.  As announced in their website, TomoDEX is the first DEX (decentralized exchange) using layer 1 protoc...

Why you may need Caelum in the near future

9 Apr 2020 4 minute read 0 comments Caelum Project (CLMP)

Every day the world is forever changing. Early men first started using tools to discover how to light a fire, grow crops to eat and to invent the wheel. Human beings collectively are constantly evolving to the ever-demanding environment around us. In...

Pantograph at a glance

30 Mar 2020 1 minute read 1 comment Phuc Duong

If you have the chance to read my last post about Pantograph here, you are the lucky ones who can know about this cool extension. If you read that post and still not understand what is that Pantograph, I am here to help. Actually, Bacoor team is here...

TomoChain Update - Privacy - Decentralised Finance & Exchange - TOMO Development With Kyn Chaturvedi

29 Mar 2020 1 minute read 0 comments Cryptokoala

TomoChain's Chief ₿usiness Development Officer Kyn Chaturvedi joins me to discuss the Tomochain Development, Is the Corona Virus effecting operations, The release of TomoP (Privacy), DeFI and Dex on Tomo in the works. 🔗Links to TomoChain 👥TomoChain...

Pantograph is now live on Firefox!

20 Mar 2020 1 minute read 3 comments Phuc Duong

Hooray! But hold on! What the heck is Pantograph? Is it.... ? Hmm... It looks legit. But this Pantograph is different! What is Pantograph? Pantograph exists as an extension wallet, which facilitates the power of the remarkable TomoChain Blockchain....