TomoChain was announced in December of 2018. TOMO is the currency that is the power behind TomoChain. TomoChain provides a novel solution to the problem of scalability across the various blockchain platforms. TomoChain is a platform with a 150-Masternodes structure that includes Proof of Stake Voting (POSV) consensus to ensure that transactions are free of charge and instant confirmation of transactions.
The final objective of the project will be to create an infrastructure for blockchain-based applications that are decentralized (DApps) and enhance connectivity and safety. TomoChain’s approach is to provide smart contract scalability. It is which requires figuring out the problem of how blockchains can handle higher volumes and transactions every second. dramatically improving the efficiency of smart contracts in real-world applications and cases.
What is Unique in TomoChain?
Although TomoChain isn’t Bitcoin the most well-known cryptocurrency, it is a huge community. If you compare TomoChain with Bitcoin you might observe that the price is quite different. To learn more about TomoChain’s cost, visit the CoinMarketCap page. On CoinMarketCap you will find the exchange rate of TOMO to BTC as well as Bitcoin.
There is a maximum supply of 100,000,000 TOMO that is accessible, based on the mining efforts of miners. The process of learning how to purchase TomoChain and TOMO is a bit time-sensitive since all coins can be bought shortly.
The TomoChainmainnet was introduced in 2018 and was accompanied by the option of the proof-of-stake vote. Masternodes became the new masternodes, making TOMO an issuer-friendly currency and these masternodes take part in the creation and verifying of blocks. They are compensated for their contribution to the network by minting TOMO.
TomoChain offers a broad blockchain platform that allows fast confirmation and near-zero cost transactions as well as a proof-of-stake blockchain, voting as a stakeholder and operating masternodes.
The company also offers its customers the TomoZ as well as the Zero Friction protocol that allows token holders to pay for transaction fees using the token of their preference. Other services provided by TomoChain include Tomox and Relayers that can be described as a decentralized exchange technology that permits businesses to create decentralized exchanges as well as landing platforms. Tomo is a privacy and security protocol that was designed on TomoChain to allow secure and undetectable transactions.
Where to buy TOMO Crypto?
It’s now quite simple to find an exchange and purchase TOMO when you compare it to the beginning of 2013 in 2013. At the time, few altcoins existed, aside from Bitcoin as well as Litecoin, and the handful of available crypto exchanges was only interested in selling for Bitcoin.
Since then, many changes took place in the entire cryptocurrency market, and a number(!) of new exchanges were launched. In the end, there’s no risk of buying TOMO by credit or fiat card through a centralized exchange.
Exchanges to buy TomoChain
Binance was established by Changpeng Zhao and is a recognized blockchain industry professional and expert in the development of trading systems. The founder of Binance has established BijieTech and was the head of the development department at Blockchain.info. In addition, Binance can be considered as the top altcoin trading platform in light of the number of transactions and the number of coins available at the site.
Kucoin can be described as an advanced platform for trading any cryptocurrency that is targeted towards people from Asia. Furthermore, this platform was developed by an array made up of crypto enthusiasts in Asia to provide the security and comfort of your wealth. In addition, Kucoin which was launched in May 2017 is headquartered in China despite the hostile environment toward cryptocurrency that is imposed in China by its local governments.
The first thing to note is that Hotbit was founded in the year 2018 and is a new but rapidly growing cryptocurrency exchange. Additionally, it is located within Europe(Estonia) in addition to Asia(Hong Hong Kong). Additionally, the cryptocurrency exchange is expanding rapidly and, according to Coinmarketcap, it’s third in the list of recently added coins.
Gate.io is a cryptocurrency exchange that was established in the autumn of 2017. The platform is run through Gate Technology Incorporated. It is also the company is headquartered in Seoul, Korea, with an official address in Virginia, USA.
How can I buy TOMO crypto:
One of the more well-known characteristics of cryptocurrency is that it doesn’t have physical boundaries. Additionally, it is very easy for anyone around the world to buy cryptocurrency such as TomoChain. Today, purchasing TOMO instantaneously is done with just one restriction and that’s an internet connection!
The method of purchasing cryptocurrency on exchanges that are regularly used can differ, however, the fundamental purchasing principles remain the same:
- Register on an exchange that sells TOMO
- Complete KYC/AML checks, if there are any
- Choose the most suitable method to make the deposit(Wire transfer or credit card)
- You can deposit any currency(USD/EUR/GBP etc.)
- Purchase TOMO tokens using this money
- This guide outlines the top exchanges for buying TOMO and is targeted at those who are new to the world of cryptocurrency.