GoChain a decentralized cryptocurrency and blockchain
GoChain -a Decentralized cryptocurrency and blockchain that will allow more transactions in less time
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Many companies chose to migrate to the world of blockchain but are not prepared to sustain their own chain, so new chains began to be born to be built on them and one of these Ethereum.
Ethereum is a blockchain that also has its cryptocurrency and offers intelligent contracts and diverse decentralized applications, an intelligent contract verifies and is the guarantee that a digital negotiation is fulfilled.
However Ethereum has had some problems because it is not scalable and has exceeded the limit of transactions it supports, the scalability is based on the fact that as more and more people make use of the Ethereum network, more difficult make the transaction, and you can not make changes to your code without making a fork.
Bitcoin presented this same problem and Ethereum came to the rescue but the same thing happened to it, it can only handle 13 transactions per second, and demonstrated with the cryptokitties that it was already behind in transaction speed, so new projects have been created that will allow faster times of transaction, suppose you are the only vehicle in the city and when you go to work on the highway you do not show any delay and you arrive fast, however with the passing of time more people have vehicles and all go to work for the freeway, so you find congestion and start to arrive late to your work, and you start to think of alternative highways, and this alternative here is called GoChain
What is GoChain?
With a number of transactions of 1300 TPS, since GoChain is considered the chain of blocks with greater speed, the simplification of nodes makes transactions more effecient and lower in costs.
Proof of reputation
GoChain works with proof of reputation, reputation is important in the business world, and applies to verify transparency and trust, applying this protocol many companies will trust and invest making the market and supply of this blockchain grow.
The partners can communicate directly with each other, the nodes are simplified and the transactions are carried out quickly so that the energy expenditure is minimal.
Road Map
Token Sale
The pre-sale of Tokens was made in May, and according to the Road Map, the mainnet will be open to the public also in May.
In conclusion, GoChain proposes to be the decentralized network with greater speed, the platform will be scalable and accessible and according to its reputation protocol, the transactions will be more reliable and simplified.
This is a presentation for the contest of OriginalWorks
gochain2018
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