TomoChain (TOMO)

31 Articles 4 Followers

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,

TOMO Coin Price Prediction. Watch before buying Tomo Chain

29 May 2023 1 minute read 0 comments Crypto4light

Part 1: What is TOMO Coin? TOMO coin, short for TomoChain, is the native cryptocurrency of the TomoChain blockchain platform. TomoChain is designed to be a scalable and efficient blockchain infrastructure that aims to provide secure and fast transact...

Top 5 ways to make your business grow with TomoChain

3 Oct 2022 3 minute read 0 comments NOWPayments

It is hardly news that the current rate of adoption of blockchain technology and crypto is viewed as unsatisfactory by many. This is why projects making attempts to change the status quo emerge so often on the market. Some of them fail miserably, whi...

TomoChain (TOMO) Breaks Out The Triangle Right Now!!! | Now Channel's Breakout Is Expected

5 Aug 2022 1 minute read 0 comments moon333

  Hi friends, hope you are well and welcome to the new update on TomoChain. Recently on a daily time frame with the Bitcoin pair, Tomo formed a bullish Gartley pattern and started a powerful reversal move. During this move, Tomo with US Dollar pair...

TomoChain explained

19 Jul 2022 5 minute read 2 comments NOWPayments

The crypto industry is growing by leaps and bounds, which quickly makes many existing blockchains outdated. Slow transaction speeds and limited scalability make blockchains unable to take on the challenges offered by modern times. As a result, the ol...

TomoChain AMA with the Marketing Manager Justin Yan on April, 20, 2022

17 May 2022 10 minute read 0 comments AEX

Read the entire transcript of the TomoChain AMA on April 20, 2022 from 9AM to 11AM UTC Few days ago, April 20th from 9AM to 11AM UTC, the TomoChain team hosted an AMA with Justin Yan, the Marketing Manager of TomoChain to answer the community’s quest...

CC376 - Tomochain (TOMO) Cool Blockchain to Discover

11 Sep 2021 1 minute read 0 comments Chesatochi

#tomochain #blockchain #tomo ⏰ Time Stamps ⏰ 00:00 Introduction 01:20 The main page of Tomochain 04:47 Protocols and products 06:35 Enterprise - Tomochain Tomochain brings the following exciting features for you to enjoy and those are: Scalable an...

🚨GAINS Interview with Kyn Chaturvedi, Chief Business Development Officer at TomoChain

11 Feb 2021 1 minute read 0 comments GAINS Associates

TomoChain is a Public Blockchain powered by Proof-of-Stake voting. The TomoChain blockchain and product ecosystem enable the development of high-performance blockchain projects. TomoChain launched into Mainnet 2 years ago and it is designed to suppor...

Look At This Breakout Of TomoChain (TOMO) Now Ready To Hit $6

11 Feb 2021 1 minute read 0 comments moon333

  Click here to create an account on Binance, the best place to buy or sell Tomochain   For exact buy and sell targets for this trade, and other harmonic trading signals you can join:     Earn 310% ROI as passive inco...

Wooow!!! Look At This TomoChain (TOMO) Has Started A Million Dollar Move

8 Feb 2021 1 minute read 0 comments moon333

  Click here to create an account on Binance, the best place to buy or sell Tomochain   For exact buy and sell targets for this trade, and other harmonic trading signals you can join:     Earn 310% ROI as passive inco...

StealthEX Interview With Kyn Chaturvedi, Chief Business Development Officer Of TomoChain

3 Feb 2021 20 minute read 1 comment StealthEX

TomoChain is an efficient blockchain powered by Proof of Stake voting consensus. Hello and welcome to StealthEX cryptocurrency interview series. This is the second interview. I am Maria, the CMO at StealthEX and today we’re joined by Kyn from TomoC...