Tomocoin Review

Deras
3 min readFeb 9, 2018

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Tomocoin is a public permitted blockchain that has integrated smart contract functionalities. The company offers fast and easy token integration as well as scalable blockchain infrastructure. It is trustworthy by auditability and transparency. Tomochain is a reliable solution to any scalability problem with the Ethereum blockchain.

About Tomocoin TMC

Tomocoin uses proof of authority and build nodes in many locations to ensure the database is in a highly secure and immutable state. They are committed to building a community, decentralizing governance, upgrading infrastructure, and establishing ICO platform on Tomochain.

Tomocoin gives you a chance to earn by joining a crowd of sale at the TMC website or by contributing to the Tomo network and ecosystem. They only deal with experts and competent advisors who have been the key reason behind the company’s success. They work towards securing your token and thus high degree of privacy. They can work with anyone, and hence you do not have to possess skills to take advantage of their out of this word services.

Tomocoin TMC Token Plans

The company plans to support horizontal scaling by adding a second layer blockchain with an excellent performance, integrated with atomic cross-chain transfer and Ethereum, to serve as a backup. The company hopes to incorporate a link of chains that supports instant confirmation.

They aim at providing exceptional services at a near-zero transaction fee, an ideal solution for the decentralized apps, token integrations for both small and big business as well as token issuance. Their mission is to be an outstanding force in striving to create an alternative financial system, which is equitable, more secure, inclusive, transparent, and efficient to everyone, and also in building the Internet of value.

User-Friendly Wallet

Tomocoin aims at providing a user-friendly coin wallet to ensure financial control to the end users. This is one of their critical parts of the infrastructure of the “Internet of Value.” The wallet will help in bridging the gap between a mainstream user and a cryptocurrency enthusiast. They invest in building the coin wallet to aid in hosting Tomocoin and Ethereum and to host other cryptographic tokens as well as currencies in the future.

Tomocoin Strengths and Opportunities

Development of Tomochain itself is already well underway. The testnet has been made publically available along with a demo wallet, where users can transfer tokens between chains. In addition, the Tomoapp offers an opportunity for integration of Tomochain into an existing user base. Unlike many projects on the market, Tomochain offer ICO contributors real deliverables as evidence for both the capability of the team and the viability of the product.

The cross-chain scaling offered by Tomochain is a noteworthy hallmark of the project. The increases in efficiency coupled with Ethereum interoperability make the project more of a complement than a competitor at the outset. Any business that plans to build their product on Ethereum can utilize Tomochain to exploit the increased speed and reduced cost while still supporting Ethereum smart-contracts through cross-chain token transfers. As Tomochain continues to scale the network, these benefits will be important for attracting developers and businesses.

Tomocoin Comparison Table

6 Digits: 22DBbc

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