TomoChain

Contents

Overview of TomoChain

  • TomoChain has a range of unique features, which include its proof-of-authority consensus, the masternode system, 2-second confirmation, almost non-existent transaction fees, built-in exchange protocol, ICO smart contract templates, API support for token insurances and integrations and cross-chain transaction function without any fees between Ethereum and TomoChain.
  • TomoChain incentivizes developers to build dApps on its blockchain through a wide range of initiatives, including hackathons, developer meetups, online/offline developer training courses, creating a developer portal with detailed documentation and tools, partnerships with top tech universities, etc.
  • TomoChain is envisioned to be a public chains that supports instant confirmation, near zero transaction fee, and smart contracts via a system of 99 Masternodes which will be an ideal solution for decentralized apps, token issuances and token integrations for small and big businesses alike.
  • TomoChain uses an innovative consensus method called PoSV (Proof of Stake Voting) which gives an incentive to all TomoChain token-holders to play an active part in staking across a network of 150 high-quality masternodes, and to monitor their performance and governance actively.
  • TomoChain’s solution is to offer smart contract scalability, a task that requires solving how the blockchain can handle a higher number of transactions per second, exponentially increasing the utility of the smart contracts for real-world use cases and applications.
  • TomoChain mainnet was successfully launched in 2018, operating with 2,000TPS and a near-zero transaction fee, enabling a much faster and cheaper way to build decentralized apps (dapps) and issue tokens while keeping the network decentralized and secure.
  • TomoChain is seeking to expedite an open finance future and will harness Lition's unique public-private blockchain technology to target large-scale financial institutions keen to play a role in the new paradigm.
  • TomoChain, which acquired Ethereum-based sidechain Lition late last year, recently partnered with Vietnam's Ministry of Education, who will utilize the blockchain to secure millions of diplomas.
  • TomoChain built a governance dApp called TomoMaster to run the voting of masternodes, in my opinion, they’ve done a really good job and have made it really easy for the user.
  • TomoChain price Index provides the latest TOMO price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.
  • Blockchain

    The public blockchain platforms believe they can enhance both ecosystems by offering “events designed to educate and encourage developers to build dApps on both TomoChain and Neo.” A primary goal of these events is to help developers gain end-users by building, localizing, and accessing distribution channels.

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    Network

    Ahead of the Zorro release, all masternodes and full node operators have been encouraged to update their software as soon as possible, since older TomoChain versions will be rendered incompatible with the rest of the network when the upgrade activates on Jan 22nd, 2021.TOMO token-holders don't have to do anything.

    Regulation

    In September 2019, Neo Global Development (NGD) held a closed round table symposium with various Asia-based blockchain projects.Kyn Chaturvedi, CBDO of TomoChain, participated in the event, where he discussed potential upcoming blockchain regulations in Southeast Asia and how exchanges are looking to become banks.On the partnership, Chaturvedi said:

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    Transactions

    The eventual goal of the project is to build a blockchain infrastructure for decentralized apps (DApps) and improve integration and security.

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    Are there any TOMO Mining Pools?

    Mining pools are essentially ways of taking part in a blockchain network without having to own/use the hardware requirements needed.Strictly speaking, TomoChain doesn’t have any mining, therefore they can’t really be called mining pools – TOMO uses Proof of Stake to validate transactions.For this reason, there aren’t any TomoChain mining pools.

    Are there any TOMO Mining Pools?

    Mining pools are ways of taking part in a blockchain network without having to own or use the hardware requirements.

    Does TomoChain use Sharding?

    Sharding is a popular theory-based application of blockchain technology which aims to solve the scalability issues faced.TomoChain uses sharding in its PoSV consensus mechanism to validate transactions in a faster manner.In addition to this, TomoChain uses double validation to ensure higher levels of network security.

    Does TomoChain use Sharding?

    Sharding is a popular theory-based application of blockchain technology.Sharding solves the scalability issues.

    Gi?i pháp công ngh?

    Token hóa ho?t d?ng kinh doanh c?a b?n v?i TomoChain.Chúng tôi cung c?p các gi?i pháp blockchain có tính m? r?ng cao, b?o m?t, tu? ch?nh theo yêu c?u c?a doanh nghi?p.

    How did it begin?

    TomoChain raised $8.5M USD for the project through an ICO (Initial Coin Offering) on March 1 2018.During this token sale, users were able to purchase TOMO (the native TomoChain token) with Ethereum (ETH) for 0.25 USD per token.

    How do I buy TomoChain?

    It is not possible to buy all cryptocurrencies with U.S.dollars.Bitcoin, Bitcoin Cash, Ethereum, Litecoin and other popular cryptocurrencies can be purchased with U.S.dollars using Coinbase or BlockFi.Once you have purchased Bitcoin using Coinbase, you can then transfer your Bitcoin to an exchange such as Binance to purchase other cryptocurrencies, including TomoChain.

    How does it work?

    As I’ve mentioned above, the TomoChain network uses something called a POSV consensus mechanism to secure and run the network.Unlike Bitcoin which uses miners (computers) to reach consensus, TomoChain uses Staking which is similar to mining, but without the need of any hardware, all you have to do is stake your TOMO tokens online, and then you receive a reward for securing the TomoChain network.

    How does TomoChain work?

    The TomoChain network uses something called a POSV consensus mechanism to secure and run the network.TomoChain uses Staking, unlike Bitcoin that uses miners to reach consensus.

    How Is the TomoChain Network Secured?

    TomoChain has a proof-of-stake voting consensus, making it a scalable public blockchain where every Ethereum smart contract can be run with instant transaction confirmations.The Tomo application was one of the first apps built on the TomoChain and is a decentralized social media platform focused on knowledge sharing.

    How Is the TomoChain Network Secured?

    TomoChain has a proof-of-stake voting consensus, making it a scalable public blockchain where every Ethereum smart contract can be run with instant transaction confirmations.The Tomo application was one of the first apps built on the TomoChain and is a decentralized social media platform focused on knowledge sharing.

    How Many TomoChain (TOMO) Coins Are There in Circulation?

    TomoChain (TOMO)has a circulating supply of 80,540,663 tokens and no maximum supply data is available as of February 2021.

    How Many TomoChain (TOMO) Coins Are There in Circulation?

    TomoChain (TOMO)has a circulating supply of 80,540,663 tokens and no maximum supply data is available as of February 2021.

    How Many TomoChain Coins Are There?

    There are currently 81,274,625 TomoChain coins circulating out of a max supply of 100,000,000.

    How Much Did TomoChain Raise?

    The TomoChain ICO (initial coin offering) raised $8,575,000 USD by selling 34300000 TomoChain tokens at a price of $0.25 USD.The TomoChain ICO began on March 01, 2018 and ended on March 04, 2018.Key team members during the TomoChain ICO included Androklis Polymenis, Min Kim, and Chance Du.

    How much do we earn by staking TOMO?

    According to Staking Rewards, the Annual ROI for TomoChain (TOMO) tokens is 6.33%.

    How often do we get rewards for staking TOMO?

    They pay out staking rewards for TOMO approximately every 30 minutes.This is great, because it means you do not have to wait for months or even years to receive passive income from your investment.

    How open is Tomochain to integrating other blockchains?

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    How To Buy Tomochain ?

    Do you wonder how to buy Tomochain? The only things you need to do for buying TOMO coin or Tomo, is going to the Binance.

    Is there a TOMO testnet?

    Many cryptocurrencies have something called a ‘Testnet‘ which allows you to try out the network without having to use real tokens.This way, you can get a grasp of how to do things with no risk.This is a great feature of blockchains in my opinion.

    Is there a TOMO testnet?

    Many cryptocurrencies have something called a “Testnet”.Testnet allows you to try the network without having to use real tokens.This way, you can get a grasp of how to do things with no risk.

    Is TomoChain (TOMO) a good investment?

    Legally, I’m not allowed to give you an answer to this question, although, I can present my personal thoughts on whether or not I think TOMO is a good investment opportunity for myself.You should always do your own due diligence before investing in any cryptocurrency and understand the risks involved.

    Is TomoChain a good investment?

    You should always investigate before investing in any cryptocurrency, and understand the risks involved.

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    What is the Reddit page for TomoChain?

    The official Reddit community (subreddit) for TomoChain is r/Tomochain.

    What is the TomoChain Ecosystem?

    The ecosystem being built at TomoChain consists of various partners, liquidity providers, wallets, and decentralized application (dApp) channels.All of this combines to create a way to move and use TOMO quickly and efficiently.As TomoChain continues to build their project, you can expect to see their ecosystem expanding more and more in the coming years.

    What is the value of TomoChain?

    One TomoChain (TOMO) is currently worth $2.80 on major cryptocurrency exchanges.You can also exchange one TomoChain for 0.00005170 bitcoin(s) on major exchanges.The value (or market capitalization) of all available TomoChain in U.S.dollars is $227.40 million.

    What is TOMO?

    The native cryptocurrency for TomoChain, TOMO, is a scalable and rapid blockchain that can compute a new block in as little as 2 seconds – a marked change from the larger, more heavy blockchains that can take minutes or even hours to compute a block.TomoChain also uses TOMO to reward individuals who stake their holdings and operate a node, offering a way to earn recurring passive income for contributing to the TomoChain network.

    What Is TomoChain (TOMO)?

    Released in December 2018, TomoChain (TOMO) is a project that attempts to improve the scalability of the Ethereum (ETH) blockchain.This is primarily done via increasing its transactions per second (TPS) capacity.

    What Is TomoChain (TOMO)?

    Released in December 2018, TomoChain (TOMO) is a project that attempts to improve the scalability of the Ethereum (ETH) blockchain.This is primarily done via increasing its transactions per second (TPS) capacity.

    What Is TomoChain's Price Today?

    TomoChain (TOMO) is trading at $2.80 USD, decreasing by -1.34% since yesterday.TomoChain has traded $40,143,896 USD in the last 24 hours.

    What is TomoChain?

    TomoChain is an efficient and scalable blockchain that utilizes a Proof-of-Stake Voting consensus to create applications for real-world use cases.TomoChain has created a blockchain development landscape that is host to an array of products and applications running on the TomoChain blockchain.

    What is TomoChain?

    TomoChain is a decentralised blockchain project which aims to solve the scalability issues faced by many current blockchains by increasing TPS (Transactions Per Second).TomoChain can be used to build dApps as well as serve other popular blockchain use cases such as decentralised value transaction.The consensus mechanism of TomoChain is Proof of Stake Voting (POSV).

    What is TomoChain?

    TomoChain is a cryptocurrency project centered on scalability and real-world uses.Utilizing a Proof-of-Stake (PoS) consensus mechanism, TomoChain offers a way for other active users to vote and make their voice heard while building out the TomoChain network.To understand TomoChain, you first need to understand that there are two things being discussed: the blockchain (TOMO), and the TomoChain product ecosystem.This is similar to how, here at Metal, we have the blockchain (MTL), and the Metal Ecosystem (Metal Pay, Metal X, Proton).We’ll expand on these two areas a bit more below.

    What is TomoChain?

    TomoChain is a decentralized blockchain project.It aims to solve the scalability issues that many blockchains have.

    What is TomoChain?

    Tomochain is an innovative solution to the scalability problem with the Ethereum blockchain.Tomochain plans to support horizontal scaling via adding more second layer blockchains with good performance integrated with Ethereum for backup and atomic cross-chain transfer.

    What is TomoChain?

    TomoChain is a blockchain-based project that aims to provide a solution to the scalability problem with the Ethereum blockchain.The TomoChain team plans to support horizontal scaling by adding more second layer blockchain integrated with Ethereum for backup and atomic cross-chain transfer.The platform will be supported by the TomoCoin and will feature instant transaction confirmation and near zero transaction fee.TomoCoin (TOMO) is the protocol token to govern and regulate the Tomochain infrastructure.

    What is TomoChain?

    TomoChain is built on a performance layer that achieves high transaction speeds without compromising decentralization.

    What Makes TomoChain Unique?

    TomoChain has a range of unique features, such as its proof-of-authority consensus, the masternode system, 2-second confirmation, almost non-existent transaction fees, built-in exchange protocol, ICO smart contract templates, API support for token insurances and integrations and cross-chain transaction function without any fees between Ethereum and TomoChain.

    What Makes TomoChain Unique?

    TomoChain has a range of unique features, such as its proof-of-authority consensus, the masternode system, 2-second confirmation, almost non-existent transaction fees, built-in exchange protocol, ICO smart contract templates, API support for token insurances and integrations and cross-chain transaction function without any fees between Ethereum and TomoChain.

    Where can I get TomoChain wallet?

    TomoChain produces its own wallet software that is available for download on its website, which allows you to store TomoChain on your computer.For maximum security, you can store your cryptocurrencies on a dedicated hardware wallet such as a TREZOR wallet or a Ledger Nano X.If you do not wish to buy a hardware wallet, you may consider using a mobile wallet such as Atomic Wallet, Jaxx, or Coinomi to store multiple cryptocurrencies with some added security benefits.

    Where to store TomoChain tokens?

    You can store TOMO (TomoChain Tokens) securely on the Ledger Nano X.

    Who Are the Founders of TomoChain?

    TomoChain was founded by Long Vuong, who is also the CEO of TomoChain Pte.Ltd.

    Who Are the Founders of TomoChain?

    TomoChain was founded by Long Vuong, who is also the CEO of TomoChain Pte.Ltd.

    Who uses TomoChain?

    Besides staking, there are a few other reasons to use TomoChain, and plenty more than we can mention in this blog post.One of the most common uses for TOMO is for cross-border payments.With transaction times often falling between 2-4 seconds, and fees nearly 1,000 times less than a similar transaction on the Ethereum network, TomoChain is actively trying to become a staple for international peer-to-peer payments.

    History of TomoChain