TomoChain Founder Long Vuong Describes His Blockchain's Advantages over Ethereum, EOS, and TRON

Published on by Cryptoslate | Published on

TomoChain founder and CEO Long Vuong joined CryptoSlate for an interview to discuss how he is building a smart contract platform with high transaction throughput, low latency, and "Near-zero" fees.

He also elaborates on the differences between his blockchain and Ethereum, EOS, and TRON.Primer on TomoChain.

TomoChain is a blockchain protocol based out of Singapore that advertises itself as secure, low latency, and "Near-zero" fees, primarily positioning itself as a contender with Ethereum.

Currently, the project is ranked 112th based on market capitalization.

The protocol relies on a system of 150 master nodes and takes advantage of a "Proof of stake voting" consensus mechanism.

Other interesting aspects of TomoChain include several purportedly "Novel" techniques for increasing chain finality-a feature which reduces the likelihood of double-spend and 51 percent attacks-through block double validation and the use of a randomization process for selecting validators.

The founder of TomoChain, Long Vuong, is a Vietnamese entrepreneur who studied business and commerce, receiving his master's degree in economic development from the International Institute of Social Studies of Erasmus University Rotterdam.

He went on to become a PhD candidate at the University of Massachusetts.

Overall, based on statements from Vuong, TomoChain appears to be another project that is attempting to carve out a niche in the competitive protocol-level blockchain space.

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