TomoChain — Conflux : Another round trip ticket from Vietnam to China
Steadily stepping foot into China’s potential blockchain market, TomoChain is thrilled to announce we have teamed up with Conflux, the next generation blockchain protocol with Tree-graph based Nakomoto Consensus system.
While fully focusing on producing great products, both parties are exploring market expansion in Vietnam, China and Korea, targeting on community development by working directly with local organizations. We plan on hosting various co-branding activities, including hackathon, meetups, events, training workshops and airdrops with educational purposes. Both companies will join hands in releasing promotional events on respective community platforms, and building both communities by connecting to local crypto communities and agencies.
With this collaboration, TomoChain hopes to broaden our ecosystem and contribution to the crypto world. TomoChain and Conflux will open AMA between two communities to acknowledge this meaningful partnership and provide feedback ideas for mutual activities. Detailed information on this event will be announced shortly.
Conflux is a Fast & Scalable Tree-graph based PoW Nakomoto Consensus protocol to enable higher throughputs and faster confirmations. Aiming to accomplish what Ethereum wasn’t able to achieve, Conflux’s throughput no longer limited by the consensus protocol, but by the processing capability of each node to achieve over 3500 TPS while not sacrificing safety and decentralization. Founded by the only Chinese Turing Award winner Andrew Yao (Chief Scientist) and one of his best students Fan Long (Professor at University of Toronto), Conflux has received $35 million in private investments from notable institutional investment firms such as Sequoia China, Metastable, IMO Ventures, and also a few prominent Chinese tech companies.
TomoChain is built on a performance layer that achieves high transaction speeds without compromising decentralization. TomoChain uses an innovative consensus method called PoSV (Proof of Stake Voting) which gives an incentive to all TomoChain token-holders to play an active part in staking across a network of 150 high-quality masternodes, and to monitor their performance and governance actively. Its staking-governance dapp, TomoMaster, is recognized as one of the leading staking platforms in the industry.
TomoChain flagship products are:
- TomoZ — Zero Friction Protocol — the first on-chain protocol that offers the ability for any user to pay transaction fees with the same token the user is holding
- TomoX — a secure and efficient relayer-masternode decentralized cryptocurrency exchange protocol that empowers a diverse system of relayers, MM providers, and independent projects to work together