TomoChain Price

The TOMO Chain project is initiated by Long Vuong (co-founder of NEM Block Chain Project), headquartered in Singapore. The project aims to solve the scalability problem of all block chain networks, especially Ethereum. The main solution is to build a second layer block chain on the Ethereum public chain to support horizontal expansion. Particularly, POSV equity voting consensus mechanism is adopted to make the project compatible with EVM and meet certain scalability. As for the landing of the project, the main network of the project was launched at the end of last year. At present, it can reach 1000 tps, 2-4 seconds of block time, 10 seconds of transaction confirmation time, which improves the critical point of Ethereum network transaction speed.