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GoChain - Design

zaimaru

Published: 04 Jul 2018 › Updated: 04 Jul 2018GoChain - Design

GoChain - Design

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Benefits of GoChain

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
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In the following GIF I show the main attributes of GoChain. I am sure that many people seeing that they are offered speed, energy savings and that is more decentralized than others, are very much in love. Hope you like.

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