Each of the products below is an essential element of the https://www.tokenexus.com/ ecosystem, creating an all-in-one platform for a range of different use cases. TomoX is an application that facilitates the building of decentralized exchanges (DEXs) in a smart way. Developers with limited technical knowledge can harness the power of TomoX to quickly build and deploy DEXs with minimal costs. It is largely similar in functionality to the ERC20 standard of Ethereum.

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The team also aims to incorporate sharding, EVM parallelization, and private-chain generation. TomoChain also includes a 150-Masternode architecture with a Proof of Stake Voting (POSV) consensus for almost zero-fee, instant transactions. TomoChain is an innovative solution to the scalability problem on most blockchain platforms. TomoChain features a 150-Masternodes architecture with Proof of Stake Voting (POSV) consensus for near-zero transaction fee, and instant transaction confirmation. TomoDEX is a decentralized exchange, like IDEX — operated by the TomoChain company.

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LuaSwap is the largest DeX on how to buy tomo and is based on the TomoX protocol. At our core, TomoChain is one of the leading blockchain platforms that’s designed for high-performance in all aspects including speed, cost, security and decentralization. TomoX is integrated directly into the core layer of TomoChain blockchain, benefitting from the high performance and fast confirmation time of Proof-of-Stake Voting (PoSV) consensus. TomoChain is one of the few chosen blockchains to already be adopted by enterprises. The blockchain offers near-instant transaction finality with minimal fees.

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• TomoChain also includes a 150-Masternode architecture with a Proof of Stake Voting (POSV) consensus for almost zero-fee, instant transactions.
• The price of Viction (VIC) is calculated in real-time by aggregating the latest data across 12 exchanges and 14 markets, using a global volume-weighted average formula.
• TomoChain’s price today is US$0.4908, with a 24-hour trading volume of $27.51 M.
• The products incorporate a crypto wallet, a staking app, and block explorers among others.
• Since it is continuously used within the crypto community it is seen as safe enough.
• This is comparable to the transaction speeds on Tron, about twice faster than EOS’s speeds, and is vastly superior to Ethereum’s anemic speed of just 15 transactions.

Furthermore, TomoChain helps developers to get dApps into action quickly, without compromising on security. This is achieved with the help of TomoChain software development kits (SDKs), TomoP SDK, TomoX SDK, and TomoWallet SDK. As the market started cooling off from around April-May, TOMO’s price declined to $1.27 by late May. Vuong is the project’s CEO, Ho is the CFO, Nguyen is the CTO, and Hoang acts as the Project Manager.

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• Powered by Proof of Stake-Voting (PoSV) consensus, TomoChain incentivizes token-holders to participate in governance by staking across a network of 150 masternodes.
• With a network of 150 masternodes utilizing Proof-of-Stake (PoS) consensus, Viction touts its scalability and stability.
• TomoZ is a protocol whereby tokens can be issued and fees are paid for using said token.
• This can give you a direct indication of code commits and hence development.
• And after the first two years, the stakeholders can also receive block rewards if the masternode they voted for wins and becomes a validating node.

To discover how to design and deploy your own decentralized exchange on the Ethereum blockchain, see the Ethereum Smart Contract Programming 201 course at Ivan on Tech Academy. This course provides a video-guided expert-led tutorial on token standards, storage design patterns, security considerations, and much more. TomoChain offers developers and businesses the opportunity to securely encrypt transactions for private or sensitive data. TomoChain Masternodes are full-nodes that play a crucial role in the TomoChain ecosystem by creating, verifying, and validating newly-generated blocks.

TOMO Price Statistics

[In a nutshell] Differences between TomoX, TomoDEX and TomoSwap