Logo Logo

Gather all the information you need at one page

Be the first one to read official updates, save news, track your portfolio

Tomochain

Follow on social network

An innovative solution for the scalability problem of all blockchain network

Tomochain is developing the TomoChain protocol, an innovative scalability solution created for various blockchain networks such as Ethereum. The company said that the project will feature 150-Masternodes architecture with Proof of Stake Voting (POSV) consensus. The application of the POSV consensus will enable near-zero fee and instant transaction confirmation. It also makes sure that the security, stability, and chain finality are guaranteed using various techniques such as double validation, staking via smart-contracts, and uniform randomization processes.

The protocol supports all EVM-compatible smart-contracts, protocols, and atomic cross-chain token transfers. It will use various scaling techniques to support the network including but not limited to sharding, EVM parallelization, private-chain generation, hardware integration, and so on.

Categories

Blockchains, Cryptocurrencies

Location

, Singapore

Year founded

2017