According to the recent reports, TomoChain has finally released the details and information around the launch of its new upgrade. TomoChain is a scalable smart contract platform that has released information around the Zorro Network, which in its latest upgrade.
The firm has also announced the data as well as the block number on which the upgrade will be taking place. As per TomoChain, the upgrade will be taking place on January 22, 2021, and it will be implemented on block 30,915,660.
TomoChain has revealed that the deploying of the Zorro Network upgrade will prove to be very beneficial for their firm. With the activation of the Zorro upgrade, the performance of the network’s blockchain will be enhanced greatly. The firm has confirmed that its blockchain runs on the proof-of-stake (PoS) consensus protocol. After the deployment of the Zorro Network, the blockchain will be upgraded with EVM.
TomoChain has announced that with the launch of the new upgrade, it will be achieving a new milestone in their development sector. The founder and CEO of TomoChain, Long Vuong, also commented on the company’s recent achievement.
Vuong has stated that he has full confidence in the capabilities of TomoChain and the extent the firm can go in order to achieve its goals. The company is positive and fully confident that the functionalities as well as new features will receive a lot of positive feedback from the entire community.
The firm also has very high hopes with its upgrades and it is hoping to make the running year its best.
Apart from Vuong, the CBDO of TomoChain, KynChaturvedi also commented on the potential of the company. Chaturvedi stated that with the launch of the new upgrade, the company will be able to enhance its capabilities. With the integration of the new upgrade, the platform will become better suited to host applications that are based on the enterprise level.
TomoChain has also made an announcement prior to the launch of its new Zorro upgrade. The firm has announced that the announcement is pertaining to the operators of the full nodes as well as masternodes.
The concerned operators will be required to update their software at the earliest to ensure no issues are faced. The firm has announced that once the new upgrade has been deployed, the older version of TomoChain will be deprecated. This would render the operators with older versions incompatible to operate the new upgrade.
However, the firm has announced that the holders of the TOMO tokens will face no incompatibility issues.
For those who do not know, TomoChain is a blockchain-based protocol that is based in Singapore and was launched back in 2018. The TomoChain currently has offices in Japan and Vietnam.