What is TomoChain (TOMO)?
TomoChain is an efficient and scalable blockchain that uses Proof-of-Stake Voting consensus to build applications. TomoChain has created a blockchain development environment that hosts many products and applications running on the TomoChain blockchain.
With a fully decentralized developer landscape, the project offers a range of software development kits (SDKs) and protocol applications with a choice of public or private transaction storage.
Based on TomoChain's own coin (TOMO), the TomoChain ecosystem develops a broad and diverse blockchain community that accelerates the adoption of blockchain-based applications, eliminating much of the friction that has hindered adoption.
Who created TomoChain (TOMO)?
TomoChain is a project developed by two Vietnamese founders, Long Vuong and Nguyen Thanh Son, who are headquartered in Hanoi, Vietnam.
What is unique about TomoChain?
TomoChain is an active blockchain with many development protocols that developers can use. Moreover, TomoChain has designed and deployed its own decentralized applications (dApps) with open source and without permission for developers. TomoChain dApps are designed to be implemented in the enterprise and offer simple and convenient business solutions based on blockchains.
TomoChain is compatible with EVM (Ethereum Virtual Machine). This makes it easier for developers to deploy any decentralized application based on smart contracts (DApp) based on Etherum with almost instant finality and transaction fees.
It can be easily integrated with several standard development tools such as Truffle Suite, Remix, and Web3 wallets such as MetaMask.
In addition, TomoChain helps developers quickly launch decentralized applications without compromising security. This is achieved using the TomoChain Software Development Kits (SDKs), TomoP SDK, TomoX SDK, and TomoWallet SDK.
The project has a high scalability. With 2,000 transactions per second (TPS) and a two-second confirmation time, the TomoChain blockchain has enough capacity and bandwidth to make it secure and stable even during high network congestion.
How many TomoChain (TOMO) coins are in circulation?
TOMO, in the absence of a maximum supply, currently has 84,220,525 of TOMO coins in circulation, with a market capitalization of 159,848,956 USD, and a daily trading volume of 25,108,038 USD. At the moment, the value of the TOMO crypto asset is 84,220,525.
How is the TomoChain network protected?
The main TomoChain blockchain is managed and protected by the masternode network. The main level of the blockchain is regulated by the Proof-of-Stake Voting consensus algorithm. This allows developers to create a fully decentralized, optimized, and cost-effective transactional system to create innovative, scalable applications with minimal TomoChain costs.
In addition, TomoChain can facilitate both public and private transactions by using an encrypted algorithm to ensure the confidentiality of transactional data. This makes TomoChain a great choice for businesses looking to ensure data privacy and security, and the TOMO coin provides a fully decentralized network.
- To own your crypto assets, you need to manage your own private keys.
- Ledger hardware wallets make private key management easy and secure.
- Each unique 24-word recovery phrase creates a new set of private keys.
- Make sure you secure your 24-word recovery phrase properly.