GoChain a Smarter, better, faster and stronger Blockchain

in #crypto6 years ago

Ethereum has launched into the web world as a decentralized network, which also has a platform, blockchain, where intelligent contracts and Dapp applications are built.
Smart contracts are digital contracts that are the guarantee that businesses at the virtual level are carried out correctly and transparently. There are many applications that run on the Ethereum network, however due to the large number of transactions that are presented, and this does not have the ability to perform them quickly, that is why new alternatives such as GoChain have been born.


GoChain was born due to the need to have a blockchain where more transactions per second (TPS) can be made and efficiently, the Ethereum network until now makes 13 TPS, which is very little for the number of existing users.

Gochain is a scalable platform that is considering that you can modify your code without the need for a fork, which is good when you need an expansion of your configuration, besides it supports smart contracts and is compatible with existing Ethereum wallets


Smart Contract

The existing problem of the concentration of mining in China makes the balance is unbalanced and there is a maldistribution of resources, with GoChain there will be a node running in different parts of the world which will give more reliability and veracity to the system.
The nodes will be simplified so the speed will be much higher and there will be less energy and money savings.

Gochain has changed the way in which the blockchain has been developed until today that is with proof of work (POW) or poof of stake (POS), here the reputation protocol will be applied where it will be entrusted to the node of its preference the transaction you want. Reputation is very important at the business level and node programmers are encouraged to maintain a good reputation as it generates money.


According to the Road Map the mainnet will be launched in May, and until now it is being fulfilled


The validation of transactions in a public way will make more investors want to be within the Gochain network, and you can even transfer from the ethereum network to gochain without any problem because they are compatible.
Gochain raises to be a superior network where the speed and the amount of the transactions made per second are its attractiveness, being the evolution of the big chains of blocks.

gochain2018

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you can visit the site of gochain here

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