The Efficient Blockchain Powered by Proof of Stake Voting Consensus
TomoChain is a blockchain network that is compatible with Ethereum Virtual Machine (EVM) and offers several advantages over Bitcoin and Ethereum network. TomoChain runs on Proof of Staking Voting (PoSV) consensus algorithm, and therefore does not face the same scalability issue as Bitcoin and Ethereum. TomoChain can handle up to 2000 TPS with 2 second blocktime. There are multiple features built in the TomoChain such as decentralised exchange called TomoX, bridging solutions with other chains called TomoBridge, and token creation issuance called TomoIssuer. Another useful feature is TomoP which protects the privacy of the transactions by hiding the sender/receiver addresses and transaction values.
TOMO is the native token in TomoChain. TOMO is used for all smart contract execution on TomoChain. It is also used for gas fees, however TomoZ enables users to pay fees using other tokens. TOMO is also required for becoming Candidate and MasterNode, which is through staking. MasterNode will be the one voting the blocks for securing the network, and will receive TOMO as reward. There is a total of 100 million TOMO tokens.