|All Time High|
|Date Of ATH|
Sep 06 2021
|Days Since ATH|
|All Time Low|
|Date for ATL|
Dec 08 2018
|Days Since ATL|
One of the key features of TomoChain TOMO is its high scalability. The platform uses a unique sharding method to achieve fast transaction processing times and high scalability. This means that the network can handle up to 2,000 transactions per second (TPS), which is significantly higher than many other blockchain platforms. This makes TomoChain ideal for applications that require fast and reliable transaction processing, such as decentralized finance (DeFi) and gaming.
Another key feature of TomoChain is its low fees. TomoChain's fees are significantly lower than those of other blockchain platforms, which makes it more accessible to users and developers. This is achieved through the use of a fee delegation mechanism, which allows users to delegate their transaction fees to other users, such as dApp developers or validators. This helps to reduce the cost of using the platform and make it more attractive to users.
TomoChain also places a strong emphasis on security. The platform uses a hybrid consensus mechanism that combines proof-of-stake (PoS) and practical Byzantine fault tolerance (PBFT) to ensure high security and resistance to attacks. This makes TomoChain more secure than many other blockchain platforms, which rely solely on PoS or proof-of-work (PoW) consensus mechanisms.
In terms of interoperability, TomoChain is designed to be compatible with other blockchain platforms. This allows for seamless integration with existing systems and services, making it easier for developers to build applications on top of the platform. TomoChain is also designed to support cross-chain transactions, which will enable users to transfer assets between different blockchain networks.
TomoChain TOMO was launched in 2018, following a successful initial coin offering (ICO) that raised over $8 million. Since then, the platform has grown rapidly, with a number of high-profile partnerships and collaborations. In 2019, TomoChain launched its mainnet, marking a significant milestone in the platform's development. Today, TomoChain is widely regarded as one of the most promising blockchain platforms in the industry, with a growing community of users and developers.