Review on TomoChain by LUIS RIVERO R
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 platforms that offer side chains and Dapps.
In general, compared to other chains, confirmations are made quickly, however it should be borne in mind that this currency is not widely used in real time, it cannot be known if it is as scalable as it is technically, the development team is not well known but they have moved in such a way that the whole project is launched and more and more network improvements are being made.
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.
