FAQs ON TECHNOLOGY

What technology is TAB based on?

TAB is a TRC21 token built on the latest generation blockchain platform -TomoChain (3rd generation blockchain). It adopts the latest Proof of Stake Voting consensus algorithm with many outstanding advantages over old blockchain platforms like Bitcoin (generation blockchain 1) and Ethereum (blockchain generation 2), which is thousands of times faster and cheaper.

TomoChain is a company from Japan and Singapore. It is also one of the leading blockchain technology companies in the world, founded in 2017 and raised tens of millions of dollars through the world's financial investment funds.

TAB Bank applied the technology on TomoChain's technology platforms with the most outstanding advantages: fastest and cheapest transaction speed.

Which wallet can TAB be stored?

TAB tokens can be stored on popular wallets such as Trust Wallet and Tomo Wallet.

What is the smart contract address of TAB?

TAB's smart contract address is 0x8103bb77ed2035b5da9a3a65d9c313cb6ee41dbd (used to add new tokens at trust wallets) and can be accessed here.

What is TAB's transaction speed?

TAB's transaction speed is 2000 transactions /second, along with Tron and Solana, TomoChain is one of the blockchain platforms with the fastest transaction speed today.

How many TomoChain consensus nodes are there?

TomoChain has 150 proof-of-stake consensus validation masternodes, and TomoChain only owns 4 masternodes. These 150 master nodes belong to the entire world community, which makes this a decentralized platform when no one owns this TomoChain network. Therefore, this is the strength of decentralized technology when no hacker can control the network and fake transactions.

A TomoChain Masternode is a server which uses its computing power to contribute to the network. Its job is to create and sign blocks. For this contribution to the network, masternodes receive rewards in the form of TOMO. Masternodes are elected using the PoSV consensus via our governance Dapp TomoMaster.