On Friday, 22nd November, Tomochain and NEO announced a partnership to enhance and accelerate their growing blockchain ecosystems.
Tomochain (TOMO) is no stranger to cooperation with heavy hitters in the crypto and blockchain world. NEO (NEO) is their latest partner in a bid to work hand in hand towards a future where cryptocurrencies are utilized in our day to day lives. Dapps (Decentralized Applications) built on Tomochain already benefit from extremely high TPS (Transactions Per Second) and their partnership with NEO is a perfect fit seeing as both are similarly impressive from a performance standpoint.
Tomochain took to twitter shortly after the announcement was made on Tomochain’s Medium Blog.
TomoChain is happy to partner up with @NEO_Blockchain. Both parties aim to grow a healthy ecosystem of technical talent that identifies blockchain as a high potential industry, while supporting quality projects across both blockchain platforms.Tomochain (Twitter)
While we don’t have a solid idea of what Tomochain and NEO will be working on next, the handshake partnership they’ve announced is the first step in what no doubt will be a lengthy, rewarding partnership for both Teams and their Communities of Investors and Developers. NEO is another addition to Tomochain’s impressive roster of partners which already include the likes of Kambria, Bitorb, Te-Food, Binance Chain, Terra and so many more.
We are proud to be partnering with Neo on co-ecosystem development. This collaboration underscores our collective beliefs that cooperation among blockchains will be a pivotal driver for the next wave of adoption. Through combining efforts, developers will have access to greater resources and a larger network of end-users across multiple geographic regions, powered by both blockchains.Kyn Chaturvedi, Tomochain CBDO
TomoChain is built on a performance layer that achieves high transaction speeds without compromising decentralization. TomoChain uses an innovative consensus method called PoSV (Proof of Stake Voting) which gives an incentive to all TomoChain token-holders to play an active part in staking across a network of 150 high-quality masternodes, and to monitor their performance and governance actively. Its staking-governance dapp, TomoMaster, is recognized as one of the leading staking platforms in the industry.