My Entry for @originalworks Sponsored GoChain Contest

What is GoChain?

Essentially GoChain is a scalable, high performance, low cost, and decentralized cryptocurrency and blockchain that supports smart contracts and distributed applications.

What does GoChain offer?

• A public cryptocurrency
• Build decentralized applications and rock solid smart contracts
• Fully compatible with existing Ethereum wallets, smart contracts and other tools
• Fast transactions and contract execution
• Next generation decentralized app platform goes beyond Ethereum smart contracts - coming Q4 2018

GoChain is 10X more Decentralized than any other cryptocurrency we have at the moment, mining of most cryptocurrencies is done by a core group of high end miners or companies with state of the art equipment who monopolize most of coin production, and 70% of that mining is taking place in China. With GoChain nodes are forced to be in different countries and are run by unrelated people or companies, thus no one group of people or company has an advantage over others.

GoChain also has a network that will result in higher transaction volumes and at speeds up to 100X higher than what is currently possible, and will be able to do this using 1/1000 of the energy currently being used for mining. As everyone knows some of the constant negativity in the media for cryptocurrency derives in great part from the perception that mining is a waste of energy that could be put to better use. With GoChain this argument becomes invalid.

Companies will now be able to transfer from the Ethereum network to GoChain easily and will access the following benefits:

1. 10x more decentralization
2. 100x increase in speed
3. 1000x improvement in energy consumption
4. And add to this incredibly lower fees.

There will be no time lags as speeds 100x higher than what is offered by others now and fees up to 7500X cheaper make it impossible to not see GoChain as a solution to most problems companies face when using cryptocurency and blockchain technology.

GoChain will work with POR Proof of Reputation, starting with 50 companies in 50 different countries, that will make sure that everything is working just fine, this assures the security and trustworthiness of the system as well as ensuring that any single government cannot harm the network permanently with any regulation.

This is a great incentive to companies as they can be sure any contract they go into, is secure, operations will be flawless, energy efficient, cheap and with smart contracts completely trustworthy.

GoChain is really the future of the blockchain. It is the way to go and a lot of people and companies will be joining this concept in the near future.

As for Tokens this is the current timetable and Token quantities that will be commercialized:

The GoChain Team:

If you are interested in GoChain, please follow these links to get an even clearer picture of what it is all about:

GoChain Website
GoChain Whitepaper
GoChain Telegram
GoChain GitHub
GoChain Reddit
GoChain BitCoinTalk
GoChain Twitter
GoChain Facebook
Go Chain Medium

This is my entry for @Originalworks Sponsored GoChain Contest

gochain2018