TomoChain (TOMO) is a project that aims to improve the scalability of the Ethereum (ETH) blockchain. It was launched in December 2018. This is generally accomplished by increasing the number of transactions per second (TPS). TomoChain’s current live price is $3.88 USD, with a 24-hour trading volume of $19,391,777 USD. Our TOMO to USD pricing is updated in real-time. In the last 24 hours, TomoChain has gained 6.49 percent. The current CoinMarketCap ranking is #173, with a live market cap of $326,352,536 USD. There are 84,060,213 TOMO coins in circulation.
About TomoChain TOMO
The project’s ultimate goal is to create a blockchain infrastructure for decentralized apps (DApps) while also improving integration and security. TomoChain’s solution is to provide smart contract sustainability, which entails figuring out how to make the blockchain manage a higher number of transactions per second, hence enhancing the savvy agreements’ utility for real-world application scenarios and enterprises tenfold.
The TomoChain mainnet, which includes proof-of-stake polling, was introduced in 2018. TOMO became a mintable currency after the switch to master nodes, and all these full nodes participate in both block creation and block verification. They are compensated with newly minted TOMO while monitoring the network.
What is TomoChain TOMO?
The Tomo app is a modular online community focusing on the exchange of knowledge which is actually one of the initial programs developed on TomoChain. As an outcome, TomoChain offers a scalable blockchain that is both quicker and cheaper. TomoChain offers a diverse set of applications. TomoChain is a generic blockchain platform that enables no to-zero-fee and rapid verification transactions, as well as a proof-of-stake network, voter staking, and master node operation.
Who Are the Founders of TomoChain TOMO?
Long Vuong, the CEO of TomoChain Pte Ltd, founded the company. Prior to that, he was the CEO of CityMe and a co-founder and project head of the NEM (XEM) blockchain at Alternative Blockchain. He is an expert in blockchain and economics, and he has previously served as an advisor to a number of blockchain businesses.
What Makes TomoChain TOMO Unique?
TomoChain has a number of distinguishing features, including proof-of-authority consensus, the master node system, 2-second confirmation, almost non-existent transaction fees, a built-in exchange protocol, ICO smart contract templates, API support for token insurances and integrations, and fee-free cross-chain transactions between Ethereum and TomoChain.
It also has the TomoZ or Zero Friction protocol, which allows token holders can pay transaction fees in their preferred token. TomoChain also offers Tomox and Relayers, a decentralized exchange protocol that allows businesses to create their own decentralized exchanges and landing sites. TomoP is a privacy protocol that was created on TomoChain to enable safe and untraceable transactions.
Where Can You Buy TomoChain TOMO?
In order to buy or sell the REQ on different exchanges one can head straight towards the exchanges named below; Binance, Huobi Global, Uniswap (V2), and lastly Bitfinex.
Frequently Asked Questions About TomoChain TOMO
How Many TomoChain TOMO Coins Are In Circulation Currently?
TomoChain (TOMO) has a circulating supply of 80,540,663 tokens and no maximum supply data is provided as of February 2021.
What Security Measures Does the TomoChain TOMO Take?
The Tomo app, which is a decentralized social media platform revolves around the bundle of information interexchange. Moreover, it was one of the first apps built on the TomoChain.
On What Factors Does The Price Of The TomoChain TOMO Depend?
Exchange inflows and outflows, paramount and technical differences, the news cycle, and the overall economic climate are all interlinked variables that impact TOMO’s price and market cap.
TomoChain TOMO Official Website –https://tomochain.com/
TomoChain TOMO Medium –https://medium.com/tomochain
TomoChain TOMO Twitter –https://twitter.com/TomoChainANN
TomoChain TOMO Reddit –https://reddit.com/r/Tomochain