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After 2 years of research and development with the ambition to build a faster and cheaper public blockchain, TomoChain, an Asian public blockchain, will officially launch its mainnet on Dec. 14, 2018. Tomochain has published the token swapping schedule and FAQ on its medium blog.
TomoChain, which has its own consensus called Proof of Stake Voting (PoSV), will have performance of at least 2000 Transaction Per Second (TPS), 2 second blocktime, and near-zero transaction fee. TomoChain is compatible with EVM, which means Dapps, Smart Contracts running on ERC20 can mitigate to TomoChain easily. TomoChain has up to 150 masternodes to govern its chain based on the PoSV consensus, which is a Proof of Stake mechanism with double validation and randomization techniques to create, verify and confirm blocks.
About the mainnet launch, Long Vuong, Founder, and CEO of TomoChain said,
“We are excited to reach the mainnet launch milestone this December. We have been striving to set new standards in security, stability, scalability, and usability in the public blockchain space with TomoChain’s development. However, the mainnet launch is just a beginning for the next stage of building the TomoChain’s ecosystem. We are looking forward to welcoming new developers, entrepreneurs, and projects from all over the world to build on top of TomoChain in 2019. ”
Official Mainnet Launch: Dec 14,