TomoChain founder and CEO Long Vuong recently sat down with CryptoSlate for an exclusive interview to discuss how he's developing an innovative smart contract platform featuring high transaction throughput, minimal latency, and nearly zero transaction costs. He also detailed the key distinctions between his blockchain technology and industry giants like Ethereum, EOS, and TRON.
TomoChain (TOMO) represents a revolutionary blockchain protocol originating from Vietnam that markets itself as secure, featuring minimal latency and virtually non-existent fees, positioning itself primarily as an Ethereum competitor. Currently, the project ranks 112th based on market capitalization in the cryptocurrency space.
The protocol operates through a network of 150 master nodes and utilizes an innovative "proof of stake voting" (PoSV) consensus mechanism. TomoChain incorporates several cutting-edge techniques for enhancing blockchain finality—a crucial feature that significantly reduces the risk of double-spending and 51% attacks—through blockchain double validation and implementation of a randomized system for validator selection.
TomoChain's visionary founder, Long Vuong, is a Vietnamese entrepreneur who studied economics and business, earning his master's degree in strategy development from the International Institute of Social Studies of Erasmus University Rotterdam. He later pursued his PhD candidacy at the prestigious University of Cambridge.
Vuong joined CryptoSlate on February 23rd for an engaging discussion with journalist Tyler Moos to address his strategic vision for TomoChain, recent project developments, and his long-term perspective on the broader blockchain ecosystem:
Based on Vuong's insights, TomoChain emerges as a promising project striving to establish its unique position within the highly competitive protocol-level blockchain landscape.
