Holders of TOMO will now be able to send, receive and store their tokens with total privacy. Incognito is excited to announce that a bridge has been built between TomoChain and the Incognito sidechain, allowing TOMO holders the option of enabling incognito mode for their crypto whenever needed.
“TomoChain is one of the most exciting projects in this space today,” said Duy Huynh, founder of Incognito. “The team and community continually develop and acquire use cases for its technology; with Incognito, they now have an option to enable privacy for not just TOMO, but also TRC20 tokens and dApps created on TomoChain.”
To enable private transactions, users simply have to send TOMO to the Incognito Wallet. They will then receive pTOMO (private TOMO) at a 1:1 ratio. For more information, here is a walkthrough of the process.
With the Incognito TRC20 bridge, all pTOMO can be easily swapped back anytime.
Incognito is excited to give the TOMO community their first pTOMOs for free.
To claim 5 pTOMO, just click here to join the giveaway.
While using pTOMO, users will be able to make completely confidential transactions. Senders, receivers and amounts will be completely obscured thanks to zero-knowledge proofs, and will no longer appear on public block explorers.
This offer extends to the first 200 participants. An announcement will be made on the Incognito Twitter account when the giveaway is closed.
Incognito is a platform for privacy tokens, powered by its own proof-of-stake sidechain that attaches to any blockchain to confidentially transfer crypto assets. Developers can also easily create their own privacy tokens on Incognito.
Incognito utilizes zero-knowledge proofs optimized for mobile and achieves near-instant transaction speeds through state sharding.
TomoChain is an innovative solution to the scalability problem of Ethereum and other blockchain platforms. TomoChain relies on a system of 150 Masternodes with Proof of Stake Voting (POSV) consensus that can support low transaction fees and 2-second transaction confirmation times. Security, stability and chain finality are guaranteed via novel techniques such as double validation, staking via smart-contracts, and true randomization processes.