Executing transaction around the crypto space can be termed as slow, annoying, insecure,inefficient and energy consuming. This problem can be particularly identified with the Ethereum ecosystem, the reason is because there are thousands of other technologies built on the Ethereum blockchain and this has led to slowing the transaction speed of the platform. Just yesterday in a post I saw on Steemit there was a complain on how inscalable Ethereum has grown to become with its transaction limit standing at 13transactions per second this is crazily slow comparing how many users depend on the Ethereum for their transactions. One of the causes of this is because of the process of mining Ethereum it has slowing become a centralized one as most of the miners solely depend on China this has increase the risk to government intervention and possible future collaboration, this has defiled the initial intention to decentralized the platform.
Gochain
Gochain is a platform that is build upon an improved Ethereum codebase. Its a blockchain built on smart contract to correct the flaws of Ethereum. So you can as well call Gochain the Ethereum redeemer. Its built with the aim to immediately solve the issues of scalability currently experienced on the Ethereum platform. Gochain with companies spread across 50 countries globally meeting with the criteria, serves as nodes for the Gochain platform this makes the platform more decentralized and also 100x faster that the Ethereum with ability to execute up to 10million transactions per second. Now isn't that incredible? Here's how it's achieved.
MY DESING
PARTNERS / INVESTORS OF GoChain
FOR MORE INFORMATION, LOOK AT THIS GOCHAIN VIDEO
GoChain Team
The GoChain team is generally made up of software engineers, technologists and businessmen and woman of high callibre. Some of the key members, directly from the CEO / founder, are the following names mentioned below:
• Jason Dekker - CEO - Widely level C with experience in finance, biotechnology, technology and the food and beverage industries.
• Chad Arimura - VP Cloud in Oracle
• Morgan Mackles - Vice President of Sales at X.ai
Road Map
More Information & Resources:
https://gochain.io/
"gochaingraphic2018".
