What is GoChain?
GoChain is a scalable, high performance, low cost, and decentralized cryptocurrency and blockchain that supports smart contracts and distributed applications.
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.
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.
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.
completely unnacceptable and unsustainable. of the energy used to run other cryptocurrencies.
1000x less energy consumption