Tomochain hunting season
November 18. Something caught my attention on the screen, I was checking my block folio to look for ways to recover my block folio that has been savagely mould by the Bear market . There it was written in bold Tomochain currency Tomo trade 5.3% against USD. My eyes zoomed in on the 8 figures market cap an impressive $16.26 million stared back at me. Yesterday alone saw $424279 worth of Tomochain traded on exchanges selling at about $0.30. Where have I been? Under a rock? This revelation kick in my default mode, is this my new “when” lambo coin? “When” moon? “When” main net? Overwhelmed by questions, I open a new page and began reading everything I can on Tomochain.
Finding Tomo
First I discovered Tomochain to be focus on building a blockchain ecosystem that enables the hosting of smart contracts and DApps on its infrastructure. Also, the startup is offering a solution to Ethereum scalability problem, by providing efficiency in speed, security and a near zero transaction fees. The emerging platform has integrated features which makes it easily compatible with Ethereum blockchain and its Dapp (decentralized applications) alongside their cryptocurrency and token issuance. Further more Tomochain will integrated a Testnet 2.0 to ensure double validation of blocks based on proof of stake voting consensus and randomization, unprecedented TPS (Transaction Per Second), EVM (Ethereum virtual machine) compatibility and auditability.
TomoChain protocol token Tomo govern the ecosystem giving users access to various Tomochain operational services including:
tomoscan— Allows users to perform search within Tomochain, such as address, transactions, and tokens.
tomomaster— Permits a voting system for masternode candidacy (proposed candidates must own 50000 Tomo).
tomowallet— Securely store, transfer and receive Tomo tokens. This app can be downloaded from appstore or via playstore.
When Tomo main net
Tomochain has plans for its token. Tomo is going to be a coin running on its own blockchain by December. However it is currently running on Ethereum blockchain, Tomochain will migrate and officially released its main net next month December 14, 4pm Singapore time. This operation will be concluded by December 20, and Tomo holders can start staking their coins or prepare to run their masternode.
December 18 is the day all Tomo tokens becomes obsolete, however snapshot will be taken and all issuance of Tomo coin will be base on a ratio of one to one. Tomochain official wallet will support the main net swap, along with other wallets and Exchange platforms supporting Tomochain main net.
Owning some Tomo.
Now I realise I can own Tomo before main net and be a part of a fast growing community. Buy Tomo, download supporting wallet and wait for main net which by next year will be launch. But while still waiting for the official launch of the mainnet, I might as well be playing around with the Testnet wallet.
For more insightful information kindly click on the link below
https://tomochain.com/