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RE: GoChain - Smarter, Better, Faster, Stronger 100% Ethereum Compatible, 100x Faster

in #blockchain6 years ago

Hi buddy, hope you're well.
This project definetly looks quite promissing. I've never heard about this one before.

Some time ago I discovered NANO and it also seemed to be quite similar to GoChain. Cheaper, faster, better. Any idea if Nano can be considered direct competition?

ps.
Did you consider justifying your text? It would be easier to read.

Yours,
Piotr

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thanks @crypto.piotr I think GoChain is one to watch. I'm not sure it compares with Nano. As far as understand it, Nano's main aim is as a payment system for micropayments, p2p and for subscriptions. GoChain is basically The Ethereum network v3.0 with full transportability for existing projects, smart contracts included. I'd almost go as far as to say it's a stroke of genius and I'd really like to read the list of 50 PLC's securing the network ! It's a different approach and one that might not be as popular with regular crypto freaks (they won't be able to mine it) but it's token may have a certain appeal to the speculator ! ..and importantly to a nervous corporate sector who require high integrity, mass transaction systems with a stable and trusted network..
these guys should probably make me an ambassador ;)

i'm very sorry for such a late reply. have been away for several days but Im back now :)

just wanted to thank you for your previous comment

would you consider GoChain an ETH killer?

Can GoChain be somehow compared to EOS or NEO? Is it same "industry"?

GoChain is designed as an Ethereum alt, not a killer necessarily. GoChain will be capable of 1,000's of transactions per second so projects which currently run on Ethereum but suffer from a requirement for / or suffer expansion problems for a lack of near real time execution may be compelled to lift and shift onto GoChain. As new blockchain projects roll out requiring ever more transactions, GoChain provides an alternative platform for running smart contracts. GoChain will be set up for DApps and eventually perhaps whole DAO's. It is in the same vein as EOS & NEO. both high speed smart contract focused networks. I'm sure EOS & NEO will also do very well. but let's not forget bitshares, which has become the Daddy of blockchain transactions ! and of course steemit's very own (most active Blockchain) - steemconomy with it's cruising speed of 100k tps and multiple applications. It's all moving very fast and it's hard to see what's going to happen in the next 12-18 months but do keep an eye on openct.io another high speed platform with capabilities reaching into the stratosphere. exciting times !

I noticed that not many people talk about bitshares in current days

thx for your amazing comment and your time you took to reply

appreciate

bitshares is a bit of a backroom boy, quietly doing it's thing and actually get's quite a lot of airplay on steemit.. obvs !

so bitshares is quietly creeping into our lifes, right? :)

i think bitshares is the dark horse. It's come from some serious blockchain pedigree, is light years ahead in many ways and will no doubt, be around for years to come. I think bitshares was a good investment for anyone in 2017

what does it mean to call something/someone 'dark horse'?

ive never heard that expression before

thx again for being so responsive @outerground

I think bitshares was a good investment for anyone in 2017

Do you have any other projects on your mind, that could be potentially huge in 2018 and worth researching?

you're the man!

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