TomoChain (TOMO) Price Prediction 2023-2030: Will TOMO Price Hit $3.5 Soon?
What is TomoChain (TOMO)? TomoChain is a public EVM (Ethereum Virtual Machine)-compatible blockchain with low transaction fees, fast confirmation time, double validation, and randomization for security guarantees. TOMO’s white paper proposes Proof-of-Stake Voting (PoSV) consensus, a Proof-of-Stake (PoS)-based blockchain protocol with a fair voting mechanism, rigorous security guarantees, and fast finality. Furthermore, the TOMOchain whitepaper states: “We also present a novel reward mechanism and show that, with this mechanism, the blockchain has a low probability of forks, and fast confirmation times, plus the contributions and benefits of master nodes are fair in the sense that the probability distribution function is uniform eventually” As such, the TomoChain network supports 2,000 TPS and 2s block time. Furthermore, it promises thousands of transactions for as little as less than $1. Moreover, the TomoChain blockchain is secured by a highly decentralized m...