Post
Topic
Board Tokens (Altcoins)
Re: [ANN] TOMOCOIN crypto - TOMO network - Decentralized social network application
by
dogebearman
on 01/10/2018, 13:08:05 UTC
It isn't like 2014  Grin The community here seems to be gone.
Hi,What's the real difference between TOMO and ETH? Or is everybody doing the same thing?
Or this is another EOS from  technical point of view.

There are similiarities between Tomochain and Ethereum (both enable smart contracts and Dapps running on their chain) aswell as differences.
The main difference is the way Tomochain will build consensus compared to Ethereum, which has great advantages regarding scalability.
Ethereum builds consensus via POW (Proof Of Work) like Bitcoin. In a network that builds consensus via POW every node has to save the whole chain, this is why the Ethereum network is only able to process 7-15 transactions per second.
Tomochain will build consensus via POVS (Proof-of-Stake Voting) meaning that Coin-holders of TOMO will be able to vote for masternodes which will work much more flexible than nodes in a POW network. If a masternode creates a new block, only one other masternode will have to validate the integrity of the new block, this will make it possible for the Tomochain to process more than 2.000 transactions per second.

Very interested in answer to previous question ^^^^^^^^^^^

Also from my side - is there any roadmap?

Thanks. Looks interesting, please add some answer to questions above

You can check out the roadmap on the website https://tomochain.com Just scroll down a little.