Toda Network
About Toda Network
The TODA protocol enables every ledger-based blockchain to scale to billions of users and handle millions of on-chain transactions per second at a near-zero cost. TODA-T is the next evolution of TCP/IP for value transfer over the communication layer and below the operating system. It is a layer-zero protocol in a decentralized setting. Any Blockchain can run on top of TODA to not only benefit from Security, Efficiency, Confidentiality and Scalability by design but also enabling a P2P atomic swap exchange between any two blockchains without depending on third parties.
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TODA.Network has a very strong competitor in its field - Bloxroute.
The intended throughput of the protocol is unclear. - It is unclear how both decentralization and security will be achieved, along with high scalability. - The team claims that the project was founded in 2015. However, the first traces that were discovered date back to November 2016. - The last GitHub commit was made more than a year ago. - The roadmap is not available now. - The company is registered at the same address as PrivacyShell - the previous company of the founders.
Toda will earn by collecting transaction fees from the protocol users. The information about the fees calculation algorithm is unclear.
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