Tomochain- Top Gainer for 2018

Tomochain- Top Gainer for 2018

Cryptocurrency Market Analysis Trading
June 28, 2018 by Cryptoholic

What is Tomochain?
Tomochain is a high-performance blockchain protocol that aims to solve the scalability problem through horizontal scaling and cross-chain transfers with Etherneum. Sharing the same codebase as Etherneum, Tomochain will be able to support all Etherneum dApps and tokens that are in need of a performance boost. Through horizontal scaling methods, Tomochain is envisioned to be a network of chains that supports instant confirmation, near zero transaction fee, and smart contracts. The network’s scaling efforts will be backed by 99 masternodes which will provide the network with security, stability and chain finality.

Institutional Backings:

As a project that is led by a crypto veteran, Tomochain has attracted strong institutional backing. Strategic partners include NEO, Signum Capital, #Hashed, Coefficient Ventures, Hyperchain Capital, One Block Capital Advisory, Cryp1XO, Connect Capital, Carbon Block Ventures, Eden Block, Blockchain Investment Club, and more.

Fundamental Analysis:

While most blockchain projects struggle to deliver on the hype, Tomochain separates itself from the herd. Currently on testnet, Tomochain is able to deliver on their promise of 1000+ TPS, 2-second confirmation, and zero transaction fees. Through the Tomowallet, developers can deploy and test Etherenum smart contracts using this guide.

Tomochain has ambitious plans for the rest of 2018. Moving as fast as the crypto world, the team plans to launch their mainnet by the end of the year with additional plans to research and implement sharding on the testnet. Before the launch of the mainnet, testnet versions of their new POSV (Proof of Stake Voting) consensus and Masternode will be implemented in Q3 2018. With all these exciting developments, I’m confident that Tomocoin is on track to continue its status as one of the top gainers of 2018.

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