Did you know you can earn rewards in TOMO by running a masternode? A TomoChain Masternode is a server which uses its computing power to contribute to the network. Its job is to create and sign blocks. For this contribution to the network, Masternodes receive rewards in the form of TOMO.

How can I become a Masternode?

The first step to reaching a Masternode is by becoming a Masternode Candidate. 

To become a Masternode Candidate you need:

• to run TomoChain software in a machine with certain minimal hardware requirements
• to deposit 50,000 TOMO in a smart contract via TomoMaster
   

The list of Masternode Candidates will be available on the governance Dapp, TomoMaster. The next step is to be elected as one of the top 150 most voted Candidates.

Do I need to use my own computer to run a node?

We recommend using an IaaS ("cloud") provider of your choice (like Amazon AWS, Digital Ocean, Google Cloud GCE, Vultr, etc).

What are the hardware requirements to run a node?

Processing transactions is mostly CPU bound. Therefore we recommend running CPU-optimized servers.

• Directly facing internet (public IP, no NAT)
• 16 cores CPU
• 32GB of RAM
• SSD storage

We recommend using popular cloud providers as their reliability and uptime are close to 100%. Those servers would be a good starting point:

• DigitalOcean: CPU optimized droplet 32GB/16CPU
• Amazon EC2: C5 instance
• Google Cloud Engine: n1-highcpu-16

What’s the best way to buy 50,000 TOMO?

In order to buy TOMO on the Giottus Crypto Platform, you must first deposit INR into your giottus account. Please refer to the following steps to buy or sell TOMO.

To buy TOMO, kindly follow the below steps.

1. Go to the Dashboard section after logging into Giottus and click the Deposit button to proceed with the subsequent steps. Enter the amount you want to deposit and select transfer mode (IMPS, NEFT) according to your convenience.

2. Be very careful to enter the reference number of the deposit transaction CORRECTLY and upload the transaction screenshot image. The screenshot image should contain your account number otherwise it will be rejected.

3. After deposit confirmation, go to Insta Buy/Sell by navigating to the bottom left icon and clicking “buy/sell”.

4. Once you've made a purchase, you may view your portfolio. To do this, go to the dashboard section and enter the name of TOMO to view the quantity you have bought.