Community post
My entry: Graphics Design Contest GoChain
https://i.imgur.com/TFRzMyH.png?1
What is GoChain?
-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 Benefits
GoChain's mission is to provide a scalable, low cost, energy efficient platform for digital currency and decentralized applications.
+10x More Decentralized
Open decentralization did not work as intended as more than 70% of mining is in China and the majority of that is run by just a few companies. GoChain forces nodes to be in different countries, run by unrelated people/companies.
Goal: 10x more decentralized
+100x Faster
GoChain will support very high transaction volumes with fast verifications. Ethereum can only process 13 transactions per second, GoChain will initially target 1300 transactions per second.
Goal: 100x more transactions per second
+1000x Less Energy
The energy used to run the Bitcoin network could power more than 3.5 million US households, 1 million to run Ethereum. We think that's completely unnacceptable and unsustainable. GoChain will use a small fraction of the energy used to run other cryptocurrencies.
Goal: 1000x less energy consumption
https://i.imgur.com/xmbIl8K.gif
gochaingraphic2018
I hope you like it.
See you soon
https://i.imgur.com/hDbOHON.gif
Replies (2)
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