The below TomoChain price chart tracks the price of TomoChain against AUD over time. The rate shown is indicative only as actual buy / sell rates depend on market liquidity and fees at the time of quotation.
✓Scalable and efficient ✓Proof of stake voting model ✓High speed transactions
TomoChain is a disruptive network that aims to improve on the existing scalability inefficiencies of the Ethereum blockchain. The project seeks slash transactions fees and decrease transaction confirmation times all whilst upholding a decentralized nature. TomoChain already boasts a significant improvement for transaction times compared to Ethereum and is well capable of conducting over thousands of untraceable transactions per second - resulting in reduced levels of congestion within this particular network. In 2019, TomoChain announced it had launched TomoZ, an on-chain protocol that aims to improve how people pay transaction fees when sending tokens.
The protocol’s Proof-of-Stake Voting consensus rewards holders of the TOMO token via staking for voting for validators within the network. The PoSV also allows developers to build decentralized applications quickly and without ghastly costs.
The local asset of the TomoChain infrastructure (TOMO) can be used to cover fees associated with transactions in addition to its rewarding and governance functionalities.
Don't have an account? Click here to get started
Quickly compare the past seven days’ price movements of TomoChain with other cryptocurrencies.