PoSV Consensus
TomoChain uses an innovative consensus method called Proof-of-Stake Voting which provides an incentive to all TOMO holders to play an active part in staking across a network of 150 Masternodes.
TomoChain is an EVM compatible blockchain powered by the scalable Proof-of-Stake Voting consensus mechanism that allows every Ethereum smart contract to run with almost instant transaction confirmation. 150 Masternodes secure the TomoChain blockchain and allow for the following:
- Token holders deposit 50,000 TOMO to become a Masternode Candidate
- Token holders vote for Masternode Candidates
- Most voted Candidates are selected as Masternodes
- Masternodes create blocks in round-robin and use double validation to prevent collusion
- Masternodes finalizing blocks are incentivized
High Performance
Massive acceleration of blockchain performance is one of the most important key features of TomoChain public chain. With the PoSV consensus protocol, TomoChain network provides:
- At least 2,000 TPS while still enhancing security through Double Validation
- 2-second block-time and transaction confirmed within 4 seconds
Double validation provides an additional trustworthy validation layer for security enhancement through provable uniform distribution decentralized randomization. Specifically, when a block is created by a Masternode, it must be verified by another Masternode that is randomly selected among the set of Masternodes before being added to the blockchain. Double validation strengthens TomoChain’s security, reduces the risk of forks, and nothing-at-stake attacks, making TomoChain unique among Proof-of-Stake based blockchains.
Last modified 2mo ago