TomoChain is a blockchain that wants to solve the scalability problems encountered by other blockchains, like Ethereum. TomoChain has already tested more than 2,000 transactions per second using a new transaction verification system called Proof of Stake Voting (PoSV). In the hybrid system POSV/Masternodes chosen by TOMO, double validation are used to create, verify and vote for the blocks. This double validation coupled with a random selection mechanism makes it possible to reduce the probabilities of having invalid blocks on the blockchain or instabilities on the network. Therefore, TomoChain aims to facilitate the utilization of smart contracts and the integration of DApps in a scalable ecosystem.
This data was last updated 2020-10-22 08:48:43 UTC