tomiChain: A New Era for Blockchain
If you’re a crypto enthusiast, you’ve probably heard about tomi’s goal of creating a community-based and decentralized freedom on the blockchain. Well, the tomi team has just made a big announcement at Binance Blockchain Week Istanbul 2023 – the launch of tomiChain blockchain.
Binance Blockchain Week
The announcement was made at Binance’s Blockchain Week conference. You can watch the announcement and see the crowd’s reaction right here.
More on tomiChain
tomiChain is a fork of zkSync with the goal of scaling Ethereum in a more freedom-loving way. It offers faster scaling at 2000 transactions per second and simplifies processes by batching multi-token and asset transactions into a single transaction.
- It breaks down and separates gas fees, making it cheaper for new apps to deploy.
- It supports streaming payments and automated or recurring billing.
- Offers a no-code token generator for DAOs or other projects to issue tokens inexpensively.
- Introduces a shared gas fee model where network, token creators, and wallet developers all share fees to sustain the network and projects.
- Enables native integration with DOP for data control.
Layer 2 Usage With Data Control
tomiChain brings more censorship resistance to Ethereum by allowing users to control how much of their data is revealed. It protects user data from Ethereum without revealing it to tomiChain unless desired, offering a level of data control that other Layer 2 solutions do not offer yet.
The Roadmap
The tomi team intends to have their whitepaper on tomiChain ready before year-end, followed by the testnet and mainnet in Q2 and Q3 of next year. With its speed, scale, low fees, and advanced data control features, tomiChain is set to revolutionize blockchain technology as we know it.
Hot Take: The Future of Decentralized Freedom
tomiChain represents an exciting leap forward in blockchain technology. With its innovative features and commitment to community-based decentralization, it’s clear that tomi is poised to make a significant impact in the crypto space. Keep an eye on tomiChain as it paves the way for a new era of blockchain technology.
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