Throughout the history of humanity there have been a number of important revolutions that have led to significant development for the benefit of humanity, and in recent decades there has been one revolution in particular: the digital age.This has brought with it a great gift, cryptomoney and blockchain technology, this has been a great help in making any kind of transaction and in the transparency of information.

But blockchain is not a panacea, within this ecosystem there have been several problems but that will soon be a thing of the past thanks to the solutions that GoChain has to offer.

Two of the Bitcoin and Ethereum kryptonite giants have had some problems mainly related to maintaining true decentralization, scalability and energy consumption.

These two pioneers stand out for the way they manage decentralized transactions, as this means additional protection, because decentralization makes it more difficult to receive a malicious attack.

When there is a large reception and many users making transactions and there is not enough speed to cover them all the operations eventually stop and the fees can also increase.

The Solution to all these problems

GoChain brings with it a reputation test, which is nothing more than an algorithm based on the reputation of the entities in charge of signing the blocks, it is expected that there will be 50 companies, each in different countries, that will be in charge of confirming the transactions after passing a verification, which is in accordance with the principle of decentralization. This new algorithm aims to reduce energy consumption by networks and reduce transaction time, this is because there will not be computers all over the world signing the blocks but there will be established and reputable entities that will make the process easier.