[🔥ANN🔥] GOCHAIN - ETH-based smart contract blockchain: fast, secure, green - page 51.

Joekondo

jr. member

Activity: 226

Merit: 1

GoChain aims to be faster and greener than Ethereum.
And we all know how much it is needed, as a matter of fact:

GoChain Tweeted:

"Did you know that 1,577,066 U.S. households could be powered by the energy it takes to run Ethereum?"

And also Tweeted:

"We should be concerned about the amount of energy Bitcoin uses!
Check out this article: https://bit.ly/2DmNJ4B GoChain uses 1000x less energy!"

So don't waste your time, join this revolution! Join GoChain on Telegram Grin

Parbey

jr. member

Activity: 280

Merit: 1

Quote from: mt55 on April 08, 2018, 04:26:34 AM

Quote from: zoLa#7 on April 03, 2018, 02:23:49 AM

Quote from: mt55 on April 03, 2018, 01:55:14 AM

Quote from: Parbey on March 30, 2018, 05:24:32 AM

Quote from: mt55 on March 30, 2018, 02:53:07 AM

Quote from: zoLa#7 on March 29, 2018, 04:37:39 AM

Quote from: mt55 on March 20, 2018, 02:15:28 PM

Is Gochain just another blockchain on top of the Ethereum blockchain and can be used for all kinds of different purposes or is there a specific use case for Gochain?

Hi, mt55. GoChain is only based on Ethereum technology. However, GoChain is being built to solve fundamental issues that plague existing cryptocurrencies. GoChain will be faster, more scalable, more decentralized and greener. Take a look at our whitepaper https://gochain.io/gochain-whitepaper-v1.pdf.
If you have any questions, you can ask it here or in our Telegram channel, https://t.me/go_chain.

If you say that GoChain will be more decentralized, does that even make sense? Can't GoChain only be as decentralized as Ethereum itself?

When we say GoChain will be more decentralized, we are simply addressing the problem of how 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.

If you haven't done so already, please read our Whitepaper to learn more: https://gochain.io/gochain-whitepaper-v1.pdf

Wait, I think I know what my misunderstanding is about. You are not building your system on top of the Ethereum blockchain, but instead you use the technology (i.e. fork it) and add to it what you think will improve it right?

Hi, mt55. Thank you for your interest.
GoChain is built based on Ethereum blockchain technology. However, GoChain is trying to improve the blockchain itself by solving 3 main problems. By replacing PoW, we drastically reduce energy consumption because there is no mining, at least 1000x. By using PoR, we enforce decentralization to 10x more than today’s reality. And without PoW and a fixed set of PoR nodes, we will increase performance by 100x.
GoChain is also compatible with Ethereum, so DApp and smart contract developers can lift and shift from Ethereum to GoChain for 100x increased performance.

Take a peek at our whitepaper, https://gochain.io/gochain-whitepaper-v1.pdf. We are here if you have more questions. Wink

And is everything you have in mind feasible? Is there something like a minimum viable product that showed you how performance will improve? Or is it still just calculations so far?

Yes, we actually launched our testnet this month. You can see the test results in this blog post: https://medium.com/gochain/gochain-testnet-is-live-and-load-test-results-c654eb85f272.

If you want a demo, simply reach out via our Telegram community: https://t.me/go_chain

Our mainnet is also scheduled for launch next month.

mt55

sr. member

Activity: 490

Merit: 250

Quote from: zoLa#7 on April 03, 2018, 02:23:49 AM

Quote from: mt55 on April 03, 2018, 01:55:14 AM

Quote from: Parbey on March 30, 2018, 05:24:32 AM

Quote from: mt55 on March 30, 2018, 02:53:07 AM

Quote from: zoLa#7 on March 29, 2018, 04:37:39 AM

Quote from: mt55 on March 20, 2018, 02:15:28 PM

Is Gochain just another blockchain on top of the Ethereum blockchain and can be used for all kinds of different purposes or is there a specific use case for Gochain?

Hi, mt55. GoChain is only based on Ethereum technology. However, GoChain is being built to solve fundamental issues that plague existing cryptocurrencies. GoChain will be faster, more scalable, more decentralized and greener. Take a look at our whitepaper https://gochain.io/gochain-whitepaper-v1.pdf.
If you have any questions, you can ask it here or in our Telegram channel, https://t.me/go_chain.

If you say that GoChain will be more decentralized, does that even make sense? Can't GoChain only be as decentralized as Ethereum itself?

When we say GoChain will be more decentralized, we are simply addressing the problem of how 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.

If you haven't done so already, please read our Whitepaper to learn more: https://gochain.io/gochain-whitepaper-v1.pdf

Wait, I think I know what my misunderstanding is about. You are not building your system on top of the Ethereum blockchain, but instead you use the technology (i.e. fork it) and add to it what you think will improve it right?

Hi, mt55. Thank you for your interest.
GoChain is built based on Ethereum blockchain technology. However, GoChain is trying to improve the blockchain itself by solving 3 main problems. By replacing PoW, we drastically reduce energy consumption because there is no mining, at least 1000x. By using PoR, we enforce decentralization to 10x more than today’s reality. And without PoW and a fixed set of PoR nodes, we will increase performance by 100x.
GoChain is also compatible with Ethereum, so DApp and smart contract developers can lift and shift from Ethereum to GoChain for 100x increased performance.

Take a peek at our whitepaper, https://gochain.io/gochain-whitepaper-v1.pdf. We are here if you have more questions. Wink

And is everything you have in mind feasible? Is there something like a minimum viable product that showed you how performance will improve? Or is it still just calculations so far?

ElegantCy

full member

Activity: 424

Merit: 100

GoChain uses a Proof of Reputation (PoR) consensus
model that depends on the reputation of its participants
to keep the network secure. A participant must have a
reputation that is important enough that they would face
dire consequences if they were to cheat the system–in both
financial terms and branding.
Want to know more?

Join our telegram community here:
https://t.me/go_chain

gochain

newbie

Activity: 199

Merit: 0

We should be concerned about the amount of energy Bitcoin uses!

Check out this article: https://bit.ly/2DmNJ4B

GoChain uses 1000x less energy!

Grin

Seunexy

jr. member

Activity: 259

Merit: 1

Come check out our latest rating on ICOholder.
https://icoholder.com/en/gochain-18352

ElegantCy

full member

Activity: 424

Merit: 100

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

Want to know more? Visit;

The GoChain Telegram community:
https://t.me/go_chain

Twitter:
https://twitter.com/go_chain

Facebook:
https://www.facebook.com/gochaingo

Crunchbase:
https://www.crunchbase.com/organization/go-chain

Medium:
https://medium.com/gochain

Conrad010

jr. member

Activity: 280

Merit: 1

A massive thank you to everyone who contributed in the Pre-Presale and to everyone who has supported GoChain so far!

To those who are just hearing about this exciting project, a great way to get up to speed is to check out the GoChain Medium page:
https://medium.com/gochain

In these articles you can find out more about GoChain's Proof of Reputation consensus algorithm. You can also view the Testnet, which can currently process an average of 1,300 transactions per second -- in other words, the project is already achieving its initial aims. The Mainnet will go live in May.

Don't forget to stop by the official Telegram Group to get involved with the community: https://t.me/go_chain

gochain

newbie

Activity: 199

Merit: 0

Thank You for a Successful Pre-Pre-Sale!!!

https://i.redd.it/zows5timccq01.jpg

Joekondo

jr. member

Activity: 226

Merit: 1

PRE-PRESALE IS OVER
💥 We would like to thank every single one of you, our early backers!💥

A little reminder:
👉🏻 The Bonus in Pre-Presale was 25% (same as Presale).

Now, for those of you interested in taking part in the token sale, THERE IS STILL TIME! 🕰🕰
PUBLIC PRESALE
👉🏻 Live from May 1st at 3:00 PM GMT to May 15th.
👉🏻 Minimum Presale Contribution: 5 ETH
👉🏻 Bonus in Presale: 25%

Make sure you have already registered AND filled out the KYC form.
An email will be sent to confirm your verification and with instruction to follow for the token sale on May.

For any queries and doubts, as always, we invite you to join our friendly Telegram Community! Wink

Seunexy

jr. member

Activity: 259

Merit: 1

Did you miss the Pre-presale?? Not too worry, the PRESALE is closer than ever. Join us for the Presale on May 1st. 25% Bonus also applies. Join us on Telegram: @go_chain
To get The latest updates.
Cheers!!!

Conrad010

jr. member

Activity: 280

Merit: 1

GoChain's Pre-Presale has been a success -- there are exciting times ahead! Look out for more promotion in the next few weeks leading up to the beginning of the Presale on May 1st.

Don't forget to follow GoChain on social media:
Twitter: https://twitter.com/go_chain
Facebook: https://www.facebook.com/gochaingo
Reddit: https://www.reddit.com/r/OfficialGoChain

ElegantCy

full member

Activity: 424

Merit: 100

Did you know GoChain is building a completely Decentralized platform?

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

andreldsg

jr. member

Activity: 378

Merit: 2

Quote from: allwithpassion on April 05, 2018, 02:33:55 PM

Do you have the whitepaper for this?

Hi there! Thank you for reaching out and for your interest in GoChain!

Sure, you can check out the Whitepaper at this link.

Also, you might want to check out this interesting article about the Proof-of-Reputation, the consensus algorithm used by GoChain, and the benefits that it brings when compared to other projects out there. Wink

Feel free to join the discussion at the Telegram Channel also, so you'll never miss an update or news from the project and the team!

allwithpassion

newbie

Activity: 126

Merit: 0

Do you have the whitepaper for this?

gochain

newbie

Activity: 199

Merit: 0

Have You Participated in Our Pre-Pre-Sale?

Join us on Telegram if you want to catch the end of our 1 Day 24 Hour Sale!

https://t.me/go_chain

cryptojenny77

jr. member

Activity: 252

Merit: 1

Quote from: ?? on ??

Hello Community,
we'd like to announce that we have moved our Chinese telegram channel to

https://t.me/gochain_chinese

Seunexy

jr. member

Activity: 259

Merit: 1

The GoChain Pre-Presale is Live! With 25% Bonus. Hurry and join in now! Visit the website https://gochain.io to register and know more.

ElegantCy

full member

Activity: 424

Merit: 100

Hello Community!!!! The 1 day pre- presale is live!!!! Do confirm details before contributing! You can join the telegram group chat here :
https://t.me/go_chain

gochain

newbie

Activity: 199

Merit: 0

ICO Holder Rated Us!

https://icoholder.com/en/gochain-18352

Check it out and leave a comment!

Grin

Topic: [🔥ANN🔥] GOCHAIN - ETH-based smart contract blockchain: fast, secure, green - page 51. (Read 38134 times)