TomoChain (TOMO) is an innovative solution to the scalability problem on most blockchain platforms. Its original features and protocols are designed to support speed, privacy, usability, and liquidity needs all in one platform.
TOMO is the utility token behind the TomoChain system which is recognized as a proof-of-stake voting consensus platform. To date, TOMO can only be stored on a Ledger wallet but not yet maintained in the way to allow for managing of the TOMO tokens.
This issue is solved by the MyEtherWallet (MEW) which can seamlessly connect to the Ledger device to enable the management of TOMO secured in cold storage.
To learn how to manage TOMO stored on a Ledger device with MEW just follow this guide.
Before you begin: You will need to have an initialized Ledger hardware wallet, plus the TomoChain app already installed on your Ledger device. You also need to have the Ledger Live application downloaded and installed on your device.
Make sure you are using the latest version of Ledger Live.
How to get Ledger and MEW connected
Step #1. Visit the MyEtherWallet from the main page here, and scroll until you see the ‘Access Now’ button as per the image below.
Step #2. Next, press the ‘Hardware’ wallet as shown below.
Step #3. This brings up a new window where you need to select ‘Ledger’ and then ‘Continue’ as depicted below.
Step #4. Choose the Ethereum app you opened on your Ledger, use the default address, and then click ‘Next’.
Step #5. Keep the network as it is, select an address, then accept the terms and conditions, and finally press on the ‘Access My Wallet’ button.
Now, all that is needed is to add the ERC20 token of interest by following the next instructions.
#1. Access your wallet as per Steps 1–5, outlined above.
#2. In the default token search bar, search ‘TOMO’, load the token and that’s yet.
Conclusion
Like many cryptocurrencies, TomoChain is a fast emerging cryptocurrency. While TOMO owners are able to manage their funds directly using the Ledger Live app, the MEW provides that extra account management flexibility when you need it. Use this guide to learn how to connect your Ledger device to the MEW.
