TomoChain is a blockchain project and platform that attempts to fix Ethereum scalability issues and propose interoperability solutions between different blockchain networks.

According to an official press release published by the TomoChain project management, TomoChain will undergo a new upgrade and update called “Zorro”.

The new update will start at block 30,915,660.

Interestingly, the upgrade will enhance the features and functions of the quota mechanism, and the “Zorro” update will make the TomoChain blockchain compatible with the Ethereum Virtual Machine (EVM), which is exciting news for developers.

Interoperability b/w #tomochin & # Ethereum Higher levels where anyone will be able to wrap any of them #ERC20 With the new upgrade #TomoIssuer & #tomobridgeTomo DollarsThe frictionless and scalable ecosystem is expanding to welcome more projects from other chains 🚀

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– TomoChain (@TomoChainANN) January 8, 2021

As we indicated at the beginning of the article, the “TomoChain” update is expected to arrive coinciding with block 30,915,660 which is expected to start on or after January 22, 2021.

As for the most important additions and new features that the “Zorro” update brings, the following are:

1- Increasing the scalability of the TomoChain project for compatibility with enterprise applications:

The current TomoChain infrastructure supports confirmation times of 2 seconds and processes 2,000 transactions per second (TPS).

According to the press release reported by TomoChain management, the Zorro upgrade will make the network more suitable for hosting enterprise applications at scale.

2- Facilitating the work of developers:

The Zorro update comes with Ethereum Virtual Machine (EVM) support, which will make it easier for developers to build on the TomoChain blockchain with the ability to convert and host other applications built in the Solidity programming language and run them normally on the TomoChain blockchain.

3- Meet the requirements of DeFi protocols:

According to TomoChain management, the Zorro upgrade will prove to be a major enabler for DeFi protocols.

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First, the Zorro update will help meet the technical requirements to enable the Trifecta protocol.

The “Trifecta” protocol is a layer based on the “TomoChain” blockchain aimed at the uses of decentralized finance in addition to its support for TomoZ, TomoX and TomoP.

Once the “Zorro” update is activated, the cancellation fee on TomoX (DEX) will be adjusted to 0.001 TOMO for all TOMO pairs.

In addition, non-TOMO trading pairs will not attract any cancellation fees regardless of their value in the order book.

In general, it can be said that the “Zorro” update will provide a number of improvements and address the weaknesses faced by Ethereum, and the “TomoChain” blockchain will support interoperability with all infrastructure projects according to the Ethereum “ERC20” standard.

All these technical changes brought about by Zorro will help the smooth introduction of the AMM LuaSwap platform on TomoChain.

According for press releaseThe team will release the LuaSwap release announcement on January 27, 2021.

Will the “Zorro” upgrade affect TOMO holders?

Once the Zorro update is activated, older versions of TomoChain will be incompatible with the rest of the network.

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Hence, master node operators and full node operators are advised to update their software.

As for TOMO holders, nothing will change for them and they are not required to do anything.

Mr. Long Vuong, Founder and CEO of TomoChain said:

The “TomoChain v2.3.0” upgrade is a milestone that brings the latest virtual machine features.

This update also includes pre-compiler functionality that uses Zero-Knowledge Proof to support the forthcoming TomoP protocol.

Our core team is constantly improving the infrastructure of TomoChain as a low-cost and efficient decentralized smart contract platform for developers all over the world.

After the news of the approaching update of the TomoChain project, the digital currency TOMO reacted positively to the news and height 30% in the last week.

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