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TomoChain Review

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Average

Revainrating 4 out of 5  
Rating 
3.9
Crypto Projects

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Description of TomoChain

TomoChain (TOMO) is a cryptocurrency . TomoChain has a current supply of 100,000,000 with 94,887,312.5 in circulation. The last known price of TomoChain is 0.68246957 USD and is up 0.06 over the last 24 hours. It is currently trading on 65 active market(s) with $11,475,771.39 traded over the last 24 hours. More information can be found at https://tomochain.com/.

Reviews

Global ratings 17
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Type of review

Revainrating 5 out of 5

My research and thoughts on TomoChain

Hi, as a crypto project, I have researched and received information about Tomochain, which serves its users, and now I want to share this information with you and chat a little about TomoChain. TomoChain is decentralized and driven by blockchain technology, dreaming of a strong future. I think TomoChain is one of the most powerful and successful projects in the crypto world so far. In my opinion, TomoChain gets his power from his team. Because the TomoChain team comes from very different…

Pros
  • It has a team that has different thoughts, but grows stronger around the same thought.
Cons
  • Nothing.

Revainrating 4 out of 5

Late updates are the reason for this

TomoChain is a crypto money project produced with blockchain technology. It runs on the Ethereum network. It is an erc-20 token. TomoChain uses the PoS (Proof of Stake) algorithm. Energy use and equipment need is at minimum level. TomoChain has many world-renowned partners. They are very active on social media. Facebook, Twitter, Telegram, Medium, GitHub and Youtube .. TomoChain's website supports 4 languages. Some of the benefits TomoChain provides to users are; 1) Runs on Mainnet, thus…

Pros
  • Projects are supported by many innovative algorithms
  • Works in harmony with smart contracts on the Ethereum network
  • It aims to solve the scalable problem in the ETH network
Cons
  • It lagged behind many projects

Revainrating 4 out of 5

TomoChain

TomoChain (TOMO) is a blockchain project created directly for the commercial use of companies. Using the Proof-of-Stake consensus voting model, TomoChain Coin enables millions of users and companies to make the transactions they want on the blockchain without any restrictions. TomoChain Coin has many applications for the DeFi industry. The network, which can process 2,000 transactions per second, has a 2-second block time and a $ 0 gas transaction fee. The network and cryptocurrency on the…

Pros
  • Aiming to maximize network operations can be a solution to a serious problem
  • Having a innovative perspective is a sign for improvement
  • a project that aims to have many users take action at the same time
  • its value has increased significantly
Cons
  • a project that has not yet achieved its goals

A review on Tomochain. First,Tomochain is a universally useful keen agreement platform. It empowers designers to assemble superior decentralized applications (dapps) with the focal point of speed, security, convenience, and decentralization. Because of its productivity through Proof-of-stake Voting (PosV) agreement calculation, exchange expenses are moderately low and affirmation time are a lot quicker. However,A secure and easy to use coin wallet that gives monetary control back to the end-c

Pros
  • It adopts a consensus algorithm for price check.
  • It bridge gap between two set of users .
  • It allows developers to build high performance decentralized apps.
  • It secures wallet exchange.
Cons
  • There's none for this review.

Revainrating 4 out of 5

TOMO seems to be a solid bet for the near future.

As of right now, the TomoChain project has had a mostly great campaign, with the network launch being both successful and remarkable. They seem to have a clear vision and direction that should guide them on the right path moving forward. The rebound in the value of the TOMO token is particularly remarkable when you realize that the recent rally has so far been mainly a Bitcoin rally, with several altcoins struggling to stay up with Bitcoin. It is also worth something that this comeback has…

Pros
  • The product is functional and profitable.
  • Numerous venture capital firms have backed the company.
  • Has a team with extensive experience.
  • It ensures the safety of the major problem of scalability.
Cons
  • Bugs can be noticed constantly in their applications.

TTomoChain, Ethereum blockchain and other blockchain phases are creative answers to similarities. TomoChain confirms Masternode's plan and deadline with a POSV agreement for approximately zero costs. It is guaranteed by new methodologies related to safety, integrity and chain results, bilateral confirmation, huge measures and uniform randomization measures. Beginning designers are keen on this, and if that happens, TOMO could become the most attractive blockchain available. It is worth…

Pros
  • There are a lot of ideas, but it grows around a comparable idea.
Cons
  • No flaws

Revainrating 3 out of 5

Tomo Chain is the tenth project for the economy.

TomoChain (TOMO) is a direct project created to use the work of organizations. TomoChain Coin uses the Proof-of-Stake agreement, which offers a voting model, allowing many customers and organizations to make the necessary exchanges without restrictions. Venture engineers have a huge demand for this, and if that happens as expected, TOMO could become the most interesting blockchain available. . The TomoChain team makes good use of blockchain innovation and is teaming up to expand the power of…

Pros
  • The value is higher than the others.
Cons
  • nothing.

Tomochain is a decentralized stage whose reason for existing is to deal with the trading of cryptographic forms of money using the TOMO token; to set up a worldwide online business network among associations and clients, rapidly and securely. Token: The TOMO advanced resource has an aggregate of 100,000,000 TOMO shares. Utilities: The Tomochain network establishes a mechanical biological system for the improvement of elite arrangements dependent on blockchain: • It is utilized to do…

Pros
  • It is a versatile stage because of quick approval of tasks.
  • Offers speed in exchanges.
Cons
  • The worth of their money is liable to advertise instability.

Revainrating 2 out of 5

My understanding about the project TomoChain

It can possibly succeed however won't have a simple way, the market has extremely solid contenders with more upper hands and organization impacts. Their strong execution and creative improvement has been on point, which could be the differential factor towards rivalry.  Considering the objective market and the market cap of competitor's, It has acceptable potential gain potential in the event that it can draw in dApp engineers to work in their biological system and keep on growing new…

Pros
  • Tomochain has had the option to protect striking associations with other blockchain projects that will fabricate their answers in their organization, just as genuine organizations to spread TOMO appropriation and utilization.
Cons
  • Nothing about it

Revainrating 4 out of 5

TomoChain: efficient performance

The challenge of crypto projects in meeting the challenge of offering the safest and fastest transactions on the market. For this, there are many innovations and features that are included in its infrastructure. TomoChain is a public open source platform whose purpose is to serve as a technological gateway to execute a large volume of operations at high speed due to the instant validation of their transactions. Token: TomoChain uses its TOMO cryptocurrency as the driving force behind its…

Pros
  • Open source network, accessible to any user
  • No or low-cost transaction fees
  • High speed of confirmations
Cons
  • No downsides

Tomochain is a decentralized platform whose purpose is to manage the exchange of cryptocurrencies through the use of the TOMO token; to establish a global e-commerce network between organizations and users, quickly and safely. Token: The TOMO digital asset has a total of 100,000,000 TOMO shares. Utilities: The Tomochain network constitutes a technological ecosystem for the development of high-performance solutions based on blockchain: • It is used to carry out private operations. • It is…

Pros
  • It is a scalable platform due to rapid validation of operations.
  • Offers speed in transactions.
  • Use smart contracts to perform asset stakeout.
  • Offers low cost in transaction fees
Cons
  • The value of their currency is subject to market volatility.

Revainrating 4 out of 5

cryptocurrency that supports side chains.

This is a chain with a complete launch, moved by the ecosystem and the Tomochain chain, the block verification is carried out by means of participation test (PoSV). It is possible to use the internal decentralized exchange, which is integrated into the entire Tomo blockchain. Anyone with a wallet and this currency can vote for nodes, and masternodes in addition to receiving rewards for collaborating in the decentralization of the network. Currently its biggest competition is with other…

Pros
  • It is listed in good exchanges.
  • It offers a decentralized exchange using its chain.
  • Compatible with Etherium Dapps.
  • In the different versions it allows you to stake and earn rewards
  • It is compatible with the main wallets that support Dapps, TomoWallet, Metamas, MyEtherWallet, TrustWallet.
  • Fast transactions compared to other networks.  
Cons
  • The use of Dapps has a lot of competition.

Revainrating 4 out of 5

The potential of the TomoChain blockchain

TomoChain is a blockchain that wants to solve the scalability problems encountered by other blockchains, like EthereumTo solve this problem, TOMO wants to authorize a number of transactions per second which will ultimately be greater than what VISA allows (between 10 and 20,000 transactions per second). TomoChain has already tested it by making more than 2,000 transactions per second using a new transaction verification system called Proof of Stake Voting (PoSV). We are still far from beating

Pros
  • Speed ​​of transactions (2 seconds)
  • Possibility of making many transactions per second with the long term desire to have a system supporting more transactions than VISA
  • Good distribution of tokens by entrusting only 15% to the team
  • PoSV (Proof of Stake Voting) system with double verification of transactions
  • Only the best 150 masternodes will be able to operate through a voting system. This will ensure that only the most efficient masternodes will work
  • Fair distribution of rewards between masternodes and people who voted for them
  • Ability to run Dapps on the network
  • The programming language is the same as that of Ethereum: Solidity. Therefore, what works on ETH can work on TOMO
  • Will to make TomoChain compatible with other blockchains using another programming language
  • Partnership with a country: Vietnam
Cons
  • There are already an enormous number of projects concerning the interoperability of blockchains, some of which are already functional and others with well advanced development.
  • The project has fallen behind on its roadmap
  • Even if it will only happen in 8 years, the team still does not know how to reward its minors after this period

Revainrating 5 out of 5

The most efficient blockchain for the token economy.

It has the potential to succeed but will not have an easy path, the market has very strong competitors with more competitive advantages and network effects. Their solid execution and innovative development has been on point, which could be the differential factor towards competition. Considering the target market and the market cap of competitor's, It has good upside potential if it can attract dApp developers to build in their ecosystem and continue to develop new protocols and use cases for…

Pros
  • The team has shown strong development execution and a great focus on creating products and applications for the average user to participate in the ecosystem.
  • Tomochain has been able to secure notable partnerships with other blockchain projects that will build their solutions in their network, as well as real-world companies to spread TOMO adoption and usage.
  • Tomochain supports all EVM-compatible smart-contracts, protocols and atomic cross-chain token transfers, which means developers can easily migrate their dApps from Ethereum to Tomochain.
Cons
  • It has a difficult path to gain market share in the infrastructure sector since there is a high number of strong competitors with more traction and funding.

Tomo chain is a great project with lot of potential and great professional team. The ceo is one of the founders of NEM well rescpected crypto project. The project is having very low cap recently and it still got big potential to grow specially if the list it on big exchange wat is matter of time in my opinion. they are very transparent with their goal and achievements so far and they are updating their roadmap monthly even few times to let the people know where they tand. In my opinion it's…

Pros
  • + Low hard cap 8,5M what specially in early 2018 wasn't a sure thing they only rising as much as they need no scamming people around + Great project 3 in 1 wallet, incrustation and application + Very transparent project + Great community and community admins an colounteers + Very fast confirmations with 0 fees + Good potential to grow bigger than other major blockchains + Very big background of developers over 2000 !
Cons
  • - Very few not big exchanges - People don't like paying for platforms - Steemit as one of the competitors

TomoChain building a side chain which is a public permission blockchain which will then integrate with the existing Ethereum based smart contract which will allow for nearly zero fee and instant transaction speed with a public what ability of financial transaction records. TomoChain also ops to use a proof of authority consensus model which will allow them to build nodes in multiple locations and to make sure the database is highly secure immutable state, they also have their Tomo app which…

Pros
  • I like about TomoChain is personally they have a proof of concept for their wallet their testnet and they also have applications for their Tomo app so having all those things having a testament for the chain beta for the wallet and an actual working app right now so I think it's kind of cool that they have all those things seeing the proof of concepts always makes me a lot more interesting in a project and it doesn't give me as much doubt as some others that promise a lot of this and that and don't come through with what they are offering.
Cons
  • Their wallet talked about this security the safety the API is that they're gonna build into it and be able to send interactions with users on the wallet platform so you can actually send messages and your transaction fees all through the wallet which is always a nice feature making it a little bit more user friendly.

TomoChain offers one solution for zooming, which is new in its approach.

Pros
  • To solve the scalability problem, Tomochain, is a network of chains supporting decentralized applications and token releases built on instant confirmation, almost zero transactional smart contract collection. A Central element of the roadmap for adoption is "horizontal scaling"; Tomochain will become a second-tier blockchain with improved performance features integrated into Ethereum through atomic cross-transfers. It is planned that the program on creation of ecosystems will promote development of dapps for long-term growth of the project. Tomochain itself will act as a side chain, through transmission through the atomic cross chain, placing all financial transactions that occur in Tomochain applications, and facilitating interaction between them.
Cons
  • None