How Accounts Interact with MetaMask, MEW, Ledger or Trezor

When you sign up and or use MetaMask, MyEtherWallet (MEW), Ledger, Trezor (or any similar tools) there is no actual value stored in them. These applications are only used to help make transactions more user friendly. The private key or code that you own is what allows you to unlock your wallet and access your cryptocurrency. These applications simply act as a user interface and do not store your cryptocurrency. For example, if you use MEW by pasting in your private key, you’re able to access your cryptocurrency because of this private key and not because MEW has information about your account.

To make this more clear, MetaMask states that they provide “a user interface to manage your identities on different sites and sign blockchain transactions.” What this means is that MetaMask is only an application that allows you to access your account and sign transactions. There is no value stored on your MetaMask account. What MetaMask allows you to do is essentially log in to your own account (you know the private key), and use their user interface to easily run Ethereum dApps right in your browser. When I am using MetaMask to send some Ether to KuCoin to buy more TOMO, the MetaMask company never knows my private key and never has access to my cryptocurrencies. These tools (MetaMask, MEW, or Ledger) are only there for you to access the account that you own.

Tomo Mainnet Swap

The Mainnet swap is finished and this means that as long as you have the private key you will be able to access your TOMO on the TomoChain Blockchain. If you held your TOMO on an exchange, this means that you did not own the private key and thus it was your responsibility to know whether or not the exchange was going to support the swap. Without the private key, you have no direct access to your TOMO and would need the exchange to access the TOMO before sending it to you. However, if you kept your TOMO on tools like MetaMask, MEW, or Ledger, you still owned the private key and thus you should be able to access your TOMO by yourself. For more information on how to connect to the TomoChain Mainnet using MyEtherWallet or MetaMask, please visit here.

About TomoChain:

TomoChain is an innovative solution to the scalability problem with the Ethereum blockchain, and other blockchain platforms. TomoChain is EVM-compatible and features a 150-Masternodes architecture with Proof of Stake Voting (POSV) consensus for near-zero fee, and instant transaction confirmation. Security, stability, and chain finality are guaranteed via novel techniques such as double validation, staking via smart-contracts, and uniform randomization processes.