This is a quick article about GoChain and the benefits of existing crypto companies being able to easily transfer from the Ethereum network to GoChain.
The benefits are un-calculated as far as we know. The ability for blockchains and the ethereum network to be able to easily go to the GoChain network would make it more appealing for investor to want to buy into these companies. I know I would be more willing to put more of my savings into ethereum if it were quicker to use. The faster the block cain the better for clients.
What is the potential impact of 100x speed and 7500x cheaper transaction fees?
With lower fees those of us who don't have a lot of investment capital will be able to buy more of the crypto we want. Once this bear market ends I would like to put my 401k into litecoin. If there are lower fees I could buy more for my future.
How does giving companies the ability to change their code open the doors for more businesses to get aboard?
It will make companies not worried about corporate espionage. That is the number one concern of companies to day, so if they have the abilities to change there code they won't worry about other companies stealing there stuff.
Why is it important to cater blockchain technology to the commercial sectors such that they can easily integrate?
The commercial sector spends billions every year on technology so it makes sense to cater to them.
How does GoChain promote mass adoption of cryptocurrencies?
It does by making the cryptocurrency space more honest and reliable.
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