Hi Steeemians, Gochain is a better, quicker and stronger solution than Etherium, and it is a project that aims to provide a better performance platform.

That is, ten times more decentralized than Etherium

100 times faster

1000 times more environmentally friendly solutions

Gochain is the way to go with the overwhelming performance of Etherium, the king of the second-generation platform.

If so, what kind of project is going to be analyzed from now on.

• Summary

The agreement process is very unique.

We use a somewhat unfamiliar consensus called Proof-of-Reputation.

Gochain explains the rather unfamiliar concept of POR:

Let's take an example of recent Volkswagen fuel economy manipulation.

Volkswagen's fuel economy operations occur as Volkswagen conducts its own tests on the specs.

If Volkswagen's fuel-efficiency tests are to be tested against competitors such as Ford and Toyota, market participants will be testing more strongly to protect their reputation, and operations will not be possible. It is the POR method that Gochain thinks.

Proof of Reputation, or POR, is the structure in which participants who need to observe the reputation can stand out from each other.

Gochain says that this is a key mechanism that can be implemented in a secure, faster, cheaper way to go-chain.

• Token name & token usage

The token name is GOC and the total issue volume is one billion.

It is based on the ETH block chain and is rated at 16,000 GOC = 1 ETH.

The soft cap is about 2500 ETH and about $ 2.5M

The Hard Cap is about 26,500 ETH, about $ 26.5M. It is seen as a hard-cap to invest in, neither big nor small.

The remaining tokens will be destroyed during hard caps.

• Roadmap

There is Mainnet schedule in May.

Noteworthy is the Next Generation Smart Contracts scheduled for the fourth quarter.

The team mentions Smart Contract as follows:

"By the end of 2018 we are able to change the ability to change or amend, pause and / or terminate contracts".

In summary, current smart contracts are very limited and cannot be called smart contracts in the true sense. Gochain is a truly smart contract that users can modify freely.

Whether there are any differences is not explicitly mentioned in the white paper,

It is likely to be one of the key differentiators from Etherium.

• Wrap-up

It is still a private stage, but I have not gotten much popularity, but recently it is a platform coin that challenges the ICOs with their aspirations to overtake Etherium in a way that is different from dApp's.

As a result of searching through such channels, there are some key people in the advisor, and all of the participants are very sophisticated members in the industry. The key is the team's ability to implement the platform, which can give a high score to the team and the advisor's history. In that sense, GoChain is seen as a potential project.

If you want more information about this project visit:

Website: https://gochain.io
Twitter: http://twitter.com/go_chain
Telegram Group: https://t.me/go_chain
Telegram Announcements: https://t.me/gochain_updates