640 STEEM ~ Sponsored Writing Contest: GoChain

in crypto •  4 months ago

Welcome to the @OriginalWorks sponsored writing contest!

Status: CLOSED.

Accepted Languages:

  • English

Start Time: ~11 PM ET, Saturday
End Time: ~11 PM ET, Tuesday

This is a call to all great Steemit writers! GoChain has sponsored another Steemit writing contest!

Please make sure to read the contest topic carefully. Good luck!

Prize Pool Total: 640 STEEM

Prizes: 520 STEEM + 120 STEEM (60 bonuses of 2 STEEM!)

  • 1st Place: 63 STEEM
  • 2nd Place: 54 STEEM
  • 3rd Place: 45 STEEM
  • 4th Place: 35 STEEM
  • 5th Place: 28 STEEM
  • 6th Place: 25 STEEM
  • 7th Place: 23 STEEM
  • 8th Place: 21 STEEM
  • 9th Place: 19 STEEM
  • 10th Place: 17 STEEM
  • 11th Place: 15 STEEM
  • 12th Place: 14 STEEM
  • 13th Place: 13 STEEM
  • 14th Place: 12 STEEM
  • 15th Place: 11 STEEM
  • 16th - 20th: 10 STEEM
  • 21st - 25th: 6 STEEM
  • 26st - 30th: 5 STEEM
  • 31st - 40th: 4 STEEM
  • 41st - 100th: 2 STEEM Bonus

Deadline: 72 Hours

All articles must be submitted within 72 hours of this post to be considered!

Changes in submission rules below

What is GoChain?

GoChain is a network that solves scalability issues plaguing some of the modern blockchain networks.

Many new blockchain companies are built on top of Ethereum. Ethereum is currently limited to 13 transactions per second. Given the huge user base, this results in slow transaction speeds and limits the scalability of the network itself as well as DApps that are built on it.

GoChain solves this issue by introducing a new consensus algorithm called POR(Proof of Reputation). It is faster, cheaper and easy to implement.

GoChain is live and ready to use. It is already delivering on it's promise and is able to process 1,300 transactions per second!

Proof of Reputation

POR is a key component of how GoChain works.

Whereas the well known POW(Proof of Work) relies on computing power to process transactions on networks such as Ethereum, GoChain utilizes POR(Proof of Reputation).

An issue with Ethereum is that miners are heavily centered around China. This increases the likelihood of government intervention as well as collaboration and collusion. With a few large companies running more that half of the mining operations for Ethereum, it is not as decentralized as it could be.

Image Source: Medium, GoChain

Proof of reputation works by assigning companies as authorized signers. GoChain aims to have 50 companies from various countries act as nodes. By spreading the nodes around the globe, it lessens the chance of government interaction and collusion.

GoChain will work with publicly traded companies. These are some of the criteria used in determining reputation:

  1. How big is the company? (What is their market cap? How much is their reputation worth?)
  2. Is the company publicly traded? (This ensures the company has a certain level of transparency and governance obligation as well as immediate stock price repercussion as a result of poor behvaiour.)
  3. How significant is branding to the company? (What are the impacts of ruining their reputation? Is the company heavily branding dependent?)

There are just some of the factors considered in the process of assessing whether a company is a good candidate of becoming a node.

There is a great medium article with informative graphics about the benefits of POR

Ethereum DApp Compatibility

GoChain offers compatibility for existing DApps on Ethereum. Developers can migrate their applications without writing a single line of code. This allows existing Ethereum DApps that are struggling with the slower network speeds to utilize the 100x transaction speeds that GoChain is capable of processing. GoChain fees are also 7500x less expensive than Ethereum!

GoChain Flexibility

In order to have real mass adoption of blockchain on a commercial level, it is necessary to have a blockchain that caters to their needs. Current blockchain technology does not allow developers to fix bugs and change code once it has been launched without performing something along the lines of a hard fork. GoChain intends to add a feature that will allow companies to update their code. Companies can decide on the method which will allow them to change code. For example, a company may set a required number of votes, or agreement from specific individuals before any change to their code can be made.

GoChain MainNet Live

Since the close of their ICO, GoChain has kept up with their roadmap.

MainNet is live.

GoChain Explorer
GoChain Wallet
List of Nodes


Users can create an account and start using GO tokens.

Feel free to join the GoChain Telegram group if you have any questions!

GoChain News & Updates

GoChain has been actively developing after its mainnet launch.


KuCoin joins GoChain as a node.

GoChain supported by Blockfolio.

GoChain supported by Blockfolio.


For more information watch this short introduction:

More Information & Resources:

Rules & Submission

  • Write an article about GoChain and the future implementations as well as use-cases! What are the benefits of existing crypto companies being able to easily transfer from the Ethereum network to GoChain? What is the potential impact of 100x speed and 7500x cheaper transaction fees? How does giving companies the ability to change their code open the doors for more businesses to get aboard? Why is it important to cater blockchain technology to the commercial sectors such that they can easily integrate? How does GoChain promote mass adoption of cryptocurrencies? As always, the contest is open-ended. Have fun and be creative!

  • Feel free to use images and media from their website. You can even make your own video and have it in your submission! Videos have a chance of winning a separate bonus based on quality. Videos should be uploaded to YouTube. DTube or IPFS. Please do not remove the videos, or it might impact future eligibility. Feel free to make a new YouTube account for these. We really wanted to use DTube, but sometimes the videos were not view-able at all. We may change this in again in the future. For the time being please ensure whatever service you choose to use is working.

  • The article must be at least 250 words in length and it is recommended(not mandatory) that the length is under ~1500 words.

  • At least 70% of the submission must be original. Using "article spinners", and other word substitution tools is also not permitted.

  • All copied text must be in quotes. Even if the text is from an old article the author wrote, they must quote it.

  • Please keep discussions relevant to the contest topic. We would like to encourage a good vibe in the comments!

  • To submit please do the following:

  1. Add the word "gochain2018" (without the quotes) at the very end of your article.
  2. Link this post in your submission.
  3. Post the link to your article as a reply to this post.

How the winners are decided

The submissions will be passed along to the team at GoChain, and they will decide the best method for picking winners and the winning articles.

More information & recommendations:

  • Pay attention to spelling and grammar!
  • Feel free to use informal language such as "I would, etc"
  • Use information and resources above to learn more about GoChain!
  • If you copy something, use quotes. This is an @OriginalWorks contest after all :)
  • Link the company's website: GoChain so that your readers can do research for themselves.
  • Articles can be edited up until the deadline.

After writing an article, within a few minutes you should get one of these as a response to your article post:

If you don't get one, let me know by adding a quick message after you submit your link as a reply here and it will be done manually. Sometimes it can take some time, so don't worry if it isn't instant!

Rest assured, as long as your link is shared as a reply here, everything is double checked at contest close to ensure that all articles are submitted!

60 submissions will get 2 STEEM each. The article must meet the contest conditions such as word length and a level of quality.

Disclaimer: @OriginalWorks makes no claims as to the legitimacy or operating procedures of contest topics. @OriginalWorks does not offer any sort of investment advice. This is a writing contest. @OriginalWorks only guarantees prize payout. The contest topic company may choose to share the winning contest submissions.

Good luck to all the contestants!

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Thanks for thi

Here is this week's entry, GoChain as the awaited practical blockchain https://steemit.com/gochain2018/@machnbirdsparo/a-modern-solution-for-a-scalable-and-efficient-blockchain

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Hi @originalworks. I did not receive the @contestbot reply. Thanks.

Please note, if you have done the GoChain contest before, copying your own content from an old submission is considered plagiarism. If you do plan to copy portions please use proper quotes!

There have been plenty of developments such as the launch of a MainNet and partnerships with companies who will act as nodes.

The contest topic provides example ideas of the type of topics you can write about. As always, feel free to be creative! Think of future applications and use cases, etc.

Good luck!

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Please @contestbot, remember to submit my entry please. Thank you

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I am in the same boat @contestbot. thanks

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Now this is another opportunity for me, I hope to win dis time around. Thank you @originalworks for the opportunity.

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Please I am yet to be confirmed by the @contestbot I sumbmitted about 24hours ago
with this submission
https://busy.org/@maxiemoses-eu/gochain-a-smarter-faster-greener-blockchain

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Hello mate, there are a lot of entries that have no confirmation if they were submitted or not.

Can you please check, @unprovoked , @originalworks ?

I am not a reliable writer, but I will study this contest and hope to participate in it if it is not difficult..

Excellent and very interesting this week's contest!

Gochain is back... Or there are new developments?

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Yes, they launched their product and are already establishing nodes with companies!

This post has been submitted for the @OriginalWorks Sponsored Writing Contest!
You can also follow @contestbot to be notified of future contests!

Nice, a new contest @originalworks.

I like more this Start and End Time:

Excellent challenge hands to work and success @originalworks

finally another opportunity presents itself again via gochain, i remember i missed this particular one due to some circumstances beyond my control. would try and make an entry.

it's good to see gochain again in a week of contest, the truth is that your project is increasing and is for its benefits for the blockchain

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Gochain is back!!! .. hope to write a good article better than my entry at the first Gochain contest.. goodluck guys

@originalworks contest comes again
Ready for the challenge..🤩🤩

Posted using Partiko Android

Let's go GoChain

Missed it the first time... Surely not going to miss it again!

Just before I leave, I must really appreciate @Originalworks. You're gradually turning me into an encyclopedia of blockchain projects, while still rewarding me.
How awesome is that!

I love @Originalworks!

Who knows where all this knowledge will be needed tomorrow?

well i hope i get tonthe leader board this time. lets do it again @originalworkd

Greetings to the whole @originalworks team!

Nice one @originalworks. Entry coming up

Exceptional contest, @originalworks.

This is a great contest with a huge prize ,, hopefully I did not miss it ..

This is my entry, I hope it is great information, and meet your expectations. Thank you for this type of contests that also serves to relate to the new market of the crypto currency.

https://steemit.com/crypto/@opiman/640-steem-sponsored-writing-contest-gochain

gochain2018

GoChain header.jpg

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just to say, @opiman, that's my original graphic that I designed for my previous GoChain article, although I'm not going to make a big thing about it, because it is on google images now - but an image credit tag would be appreciated in future :)

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at least it was just the image, my previous article was copied and used to make a new one with images and everything! jajajaj :D

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it happens ! @aerossone you write some excellent material so it's no surprise you're being copied :)

hello I have not received this message

image.png

Congratulations to GoChain on it's steady and impressive project! Looking forward to writing a better article. Thank you @OriginalWorks.

Was looking forward to the next aspect of the blockchain to research. It's a game of curiosity week on week now. Well, obviously, we are digging deeper into scalability issues!

I'm join the this project @originalworks

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Please am very sorry for asking you to upvote my post, it is a mistake. thanks

Here is my entry : GoChain : Faster ~ Better ~ Stronger !

I linked this thread and placed "gochain2018" at the end of my article but the contest bot never showed.

Thanks for considering my article for participating in the contest.

expect my entry soon @originalworks thanks for this opportunity.

I think I've missed the last contest about GoChain so I'll try not to miss this one. Thanks again for the contest @originalworks

Awesome contest.. Let's keep it rolling in.

Extraordinary work, @originalworks, you always giving great opportunities. Excellent.

GoChain returns! ready to go...

that is great idea, I will research about GOCHAIN and join contest later

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Hi @originalworks. I did not receive the @contestbot reply. Thanks.

I am compassionate about this post man!

wow very Attractive POST.. i want to join you in your team please contact me on my facebook acount and send me massage request. here is my facebook acount.

https://www.facebook.com/Bitcoin.Queen123

hope to write mine soon

yeah, am ready

Finally completed the video. Here's my entry to the contest
https://steemit.com/cryptocurrency/@neupanedipen/cv8jr5o6

Wow i think ama give this a try

@originalworks keeps us busy every week. Thanks for another opportunity to write, learn and earn. I hope to finish tops this time.

i thought we had written a gochain contest before?
anyways, expect my entry soon,
am well now

Another opportunity to learn, this contest has improved a lot about me, thank you @originalworks

Hi, Dear from @originalworks, I still do not get the message as a participant in the 640 STEEM contest ~ Sponsored Writing Contest: GoChain

Thanks again for the opportunity, your contest helps us to be up to date with new platforms and also improve as writers. Greetings. I will prepare my participation.

I'm competing.
I have not received this message that happens

image.png

All thanks to @originalworks once again. here's my entry, hope it is to the teams satisfaction and hoping to get a better result this time.
https://steemit.com/blockchain/@pholarinwha/gochain-the-ethereum-solution

Greetings, here I leave my participation, thank you very much https://steemit.com/contest/@rosmilage/gochain-faster-smarter-and-decentralized

GO CHAIN again. I am in!

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I have not yet received the confirmation message

Hey there @originalworks submitted my post a few hours ago but the bot didn't confirm the entry please see to it. Thanks

I have not gotten a feedback message @originalworks

Steem.png

And this is my submission link again: https://steemit.com/blockchain/@pholarinwha/gochain-the-ethereum-solution