To those of you that have ethereum at your disposal, you would agree with me that making transactions can make you almost regret having it. Well, cry no more, here comes a saviour.
What is Gochain?
GoChain is a fast and efficient blockchain network that improves transaction speeds by orders of magnitude over Ethereum.
This means that GoChain can address the scalability issues for blockchain and DApps that are built on top of them.
GoChain MainNet
GoChain is not a dream, it is a reality. The project is live and ready for projects to integrate!
The GoChain Wallet is ready to use. Anybody can create a wallet and begin to use it for transactions. KuCoin has already joined GoChain as one of their nodes!
MY DESIGN
I chose design because, i believe this design best describes the speed at which Gochain does transactions
Proof of Reputation
There are various types of consensus algorithms powering the various blockchains. GoChain works on POR(Proof of Reputation).
POR works by leveraging a company's reputation to ensure security and efficiency. GoChain will choose 50 companies around the world in different locations to run nodes. This will create a blockchain with unparalleled transactions speed while still retaining the security features of a completely decentralized system.
In fact, a large portion of mining power is currently centered around one place - China. By distributing the companies in various geographical locations, GoChain addresses the issue of potential government intervention as well as the possibility of a 51% attack.
Do You Have Questions?
The GoChain team is always happy to answer question in their GoChain Telegram group!
The Gochain Team:
Jason Dekker; CEO
Travis Reeder; Chief Software Architect
Ben Johnson; Senior Software Engineer
Guilherme Rezende;Senior Software Engineer
Jordan Krage; Senior Software Engineer
Roman Kononov; Senior Software Engineer
Adam Norris; Director of Marketing and Community Relations
Brooke Hansen; Social Media Director.
Want to be part of Gochain? visit the Gochain website
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