LuaSwap using TomoChain for backend transactions

LuaSwap using TomoChain for backend transactions

Automated token exchanger LuaSwap is cutting costs by employing a second-layer alternative to transacting on the heavily crowded Ethereum mainnet. The number of projects adopting layer-two solutions for Ethereum’s scaling woes is increasing, with LuaSwap rolling out a new, TomoChain-based exchange engine yesterday.The change will enable the Uniswap inspired exchange to perform token swaps with greater speed and efficiency than many rival Automated Market Maker ERC-20 exchanges.1/ #LuaSwap version on @TomoChainANN blockchain is live, entirely open to all $TOMO and Ethereum projects Users....


Related News

AMM LuaSwap Launches on Tomochain With Hyper-Efficient Gas Fee Mechanism

Ethereum promises big things. Big projects are being built on its platform and its market cap is exploding. Its currency, ETH, recently touched an all-time high and decentralized applications running on its network are impressive.  But there’s a catch.  The platform is suffering from congestion: with so many apps and people using the network, gas fees are high and transactions can be slow.  One platform, Singapore-based TomoChain, is proposing solutions. The smart contract company uses […]

Overstock.com Job Posting Seeks Backend Developer With Bitcoin Experience

Most people would not be willing to refute the fact that Overstock.com is paving the way for cryptocurrency adoption in the retail industry. Since announcing bitcoin acceptance in late 2013, Overstock has quickly become the poster child of bitcoin adoption. The company has indicated they hold a portion of bitcoin revenue, and they've even said they plan on donating a percentage of bitcoin revenues to cryptocurrency-related causes. Looking to get deeper into the cause, it would appear as if the mega retailer is planning to hire a backend developer with some level of bitcoin experience.....

Vietnam’s Ministry of Education Adopts Blockchain Record-Keeping

The Vietnamese government has partnered with Singapore-based blockchain platform TomoChain to archive student records on a public blockchain.

Reddit Seeks Senior Engineer for Platform That Features ‘NFT-Backed Digital G...

On Friday, American social news aggregation and discussion website, Reddit published a job listing seeking a senior backend engineer for a non-fungible token (NFT) platform. As part of Reddit’s development team, the new hire would help “design, build and ship backend services for millions of users to create, buy, sell and use NFT-backed digital goods.” Reddit’s Job Application Is Looking for a Senior Engineer for a Possible NFT Platform Reddit seems to be in the midst of creating a non-fungible token (NFT) feature on its platform and from a recent job....

Adam Draper: Bitcoin & Blockchain Will Not Replace Cash, Will Serve as Backend for Dollar

Adam Draper, founder and managing director of virtual reality and Blockchain-focused venture capital firm, Boost VC, recently stated in an interview that he believes Bitcoin and the Blockchain technology will operate as backend technologies behind reserve currencies like the U.S. dollar. Over the past two years, an increasing number of banks and financial institutions have allocated significant amount of capital and resources into the development and research of the Blockchain technology and Bitcoin. A study released by prominent analyst firm Greenwich Associates, notes that $1 bln is....