About TomoChain Coin
TomoChain price today is $1.28 with a 24-hour trading volume of $11,782,246. TOMO price is down -0.8% in the last 24 hours. It has a circulating supply of 77 Million TOMO coins and a max supply of 100 Million. Binance is the current most active market trading it.
What is Tomochain?
Tomochain is a general purpose smart contract platform. It enables developers to build high-performance decentralized applications (dapps) with the focus of speed, privacy, ease of use, and decentralization. Due to its efficiency through Proof-of-stake Voting (PosV) consensus algorithm, transaction fees are relatively low and confirmation time are much faster.
What are some of the key features of Tomochain?
Tomochain is scalable allowing up to 2000 transactions per second with 2 second block time. This means that token transfers or smart contract executions can be done quickly to facilitate key transactions. Smart contracts on TOMO are also EVM (Ethereum Virtual Machine) compatible in which Ethereum developers can easily port their smart contracts here.
There is also an array of products launched by the core team that provides add-on functionalities such as TomoP for privacy and TomoDEX for token exchange.
How do I stake my TOMO?
If you have TOMO, it is key to stake them on a masternode that validates block. This is because TOMO is an inflationary cryptocurrency and staking would shield your holdings from inflation.
You can see a list of masternodes on Tomo Master and step by step guides can be found at https://tomochain.com/tomo-staking/
As a developer, where can I get more information about developing dapps on Tomochain?
If you are a smart contract developer who have written solidity code on Ethereum before, it is relatively straightforward to get started. The developer hub provides essential information on ways to get started.
How do I buy TOMO?