Important Notice
Deposits and withdrawals are not currently available for this coin.
TomoChain ERC-20, often represented by its symbol TOMOE, is a token on the Ethereum blockchain that mirrors the value of TOMO, the native cryptocurrency of the TomoChain blockchain. TomoChain is designed to be highly scalable, using a Proof-of-Stake Voting (PoSV) consensus mechanism. This version of TomoChain allows for integration with Ethereum-based applications, leveraging the security and widespread adoption of the Ethereum network while offering low transaction costs and fast execution times.
TomoChain ERC-20 functions by representing an equivalent amount of native TOMO on the TomoChain blockchain. Through a bridge known as TomoBridge, users can swap TOMO and TOMOE, allowing seamless transfer between the TomoChain and Ethereum networks. TomoChain itself uses Proof-of-Stake Voting (PoSV) as its consensus mechanism, involving stakeholders voting for masternodes which facilitate block creation and validation, ensuring security and decentralization.
TomoChain ERC-20 (TOMOE) can be used across various domains:
TomoChain was founded in 2017 by a team led by Long Vuong. The project's mainnet launched in December 2018 after a successful ICO earlier that year. TomoChain introduced several key platforms like TomoDEX and TomoBridge around 2020, enhancing its DeFi capabilities and cross-chain functions. TOMOE originated as an ERC-20 representation of TOMO to support broader usage and integration with the Ethereum ecosystem. Notable partnerships include those with Chainlink and CoinGecko, positioning TomoChain as a robust player in scalable blockchain solutions.