TomoChain is the fastest Ethereum compatible chain with very low fees which may be attractive to some dApp makers. It tackles many issues like Nothing at Stake issue with PoS and obtaining a high level of TPS with decentralization.

In addition, TRC21 token standard allows users to pay transaction fees in the token itself. The feature greatly reduces onboarding friction, making TomoChain an excellent candidate for onboarding newcomers into the world of crypto.

Read more at: https://pantograph.io/what-is-tomochain/

TOMO token is now at $0.89.

Do you think TomoChain is the new Ethereum?

Check out Pantograph. It is a social Dapp built on TomoChain which has functionalities that only DApp offers.

On June 16, 2020, Bacoor Inc. and TomoChain officially announced their strategic partnership. This partnership will mainly focus on developing communities and applications on TomoChain, through Pantograph that leverages TomoChain’s high-performance blockchain infrastructure in the means to drive crypto mass adoption.

Pantograph, entirely based on TomoChain, is designed in the simplest way to operate as any regular application without blockchain knowledge. Users are able to send, receive, and manage $TOMO, tokens, and NFTs freely on the TomoChain network while fully controlling their accounts. Sending/receiving crypto is now more convenient, users can send/receive tokenized assets via a link to anyone without sharing their addresses.

What's more about this partnership and Pantograph? Find out now: https://pantograph.io/partnership-announcement-with-tomochain/

Quote from: michaeljohn on September 17, 2019, 05:13:05 PM

I think we need stable coins because stable coins are really a very useful coins at that time the cryptomarket is falling down.Tether(USDT),USDCoin(USDC),PAX these are stable coins.

It could be so, but how can we be sure, that all those "stable coins" would stay stable? That they would not say oneday, that they are bankrupts and that's the end? Everyone can say, that his token is a stablecoin, but most can not work stable forever.

It depends on the system. Most of them like Tether is pegged into fiat currencies, while Dai is pegged into ETH and functions via Smart Contracts. That makes it completely decentralized. Tether has failed and uppegged from the US Dollar due to its centralized system partially. This needs more explanation. I suggest you to go to the MakerDao's website for more info.

Research the market. Have a knowledge of terms in trading. Draw a sharp trading strategy including Position Sizing and Risk Management etc. Know the do's and don'ts. Learn from your experiences and mistakes and you'll become better over time.

Bitconnect (BCC), one of most successful cryptocurrency tokens with a $3 Billion market cap, abruptly collapsed in 2018. What is the reason behind?

What is Bitconnect?

Bitconnect (BCC) is a company, an exchange, and a Blockchain-based cryptocurrency. Bitconnect is used to be described as a high-yield investment program. Guaranteed to earn investors up to 1% total return everyday or about 3,780% profit per year, Bitconnect offered an incredibly high interest rate to investors who would "lend" funds in Bitcoin (BTC) to various projects. These funds were converted to BCC. Furthermore, Bitconnect followed a multi-level marketing structure - the more new users you invite, the higher profit you receive.

According to the enticing offer, if you exchange $1,000 in Bitcoin for BCC tokens, it could net your more than $50M within 3 years. The company also claimed that the profit was generated via an investment algorithm that invested in Bitcoin when it was low and sold when it is high.

Nevertheless, investors couldn't withdraw the new amount of Bitconnect tokens before the due time. They could only withdraw their initial investment plus received interest, meaning they would lose most of the tokens.

Launched in February 2016, BCC hit an all-time high of $463 in December 2017 and a market cap of about $2.7 Billion. Bitconnect was also among the world’s top 20 most successful cryptocurrency tokens at that time.

However, the picture wasn't as perfect as it seemed. This is why Bitconnect is troubling.

And now they even return with #Bitconnect 2.0. Feel free to give your thoughts in order to raise awareness for our crypto community.

I think you should move this topic to the other forum for your own safety lol. Just saying.

OP, please don't use this strategy to market your wallet. You have been doing this in your posts and you may be flagged for spamming. The news on bitconnect 2.0 has been out since May and you are bringing it out again just to drive people to your site.

Yes its true that they market their wallet. But are you sure that everyone knows about Bitconnect in this forum? lol. Look on the bright side, at least they are trying to bring up a serious scam and warn people about this so that they have a clue. Chill.

One of the reasons Bcc collapsed is basically due to poor management and marketing. Bitconnect team lost focus and went to sleep may be because they thought that a successful ICOs with such a huge marketcap would have given them more growth without continuing on it's road map and futher development goals.

Wow I think its the opposite. They fooled people by a very tempting marketing plan which woke up the greed in people. They intended to scam people at the very beginning.