GoChain is a scalable, high-performance, low-cost, decentralized cryptocurrency and blockchain that supports smart contracts and distributed applications. GoChain supports very high transaction volumes through rapid validation. While Ethereum can only process 13 transactions per second, GoChain initially targets 1,300 transactions per second.
Project Highlights
GoChain is a scalable, high-performance, low-cost, decentralized cryptocurrency and blockchain that supports smart contracts and distributed applications.
Build decentralized applications and robust smart contracts
Fully compatible with existing Ethereum wallets, smart contracts, and other tools
Fast transactions and high capacity - 5-second blocks, 1,300 TPS
Low fees - 7,500 times cheaper than Ethereum
Use Cases
Build Decentralized Applications
Build your DApp on the fastest web3-based network. 100% Ethereum compatibility means you can use all the same tools, wallets, and smart contracts.
Run a Private Blockchain
The GoChain client and protocol offer the most reliable and high-performance blockchain in dedicated networks. Easy to install and maintain.
Enterprise Services
Need help building or implementing your DApps or private blockchain infrastructure? Let our engineers help you get there faster.
Tech Profile
GoChain is a next-generation blockchain using a new consensus technology called POR (Proof of Reputation). Becoming a node requires a good internet connection and a computer running the network client.
GoChains open blockchain platform can achieve up to 1,300 transactions per second, with low transaction fees enabling large-scale applications. GoChains technology far surpasses current blockchain technologies (Ethereum at 20 transactions per second, Bitcoin at 7 transactions per second), and it outpaces VISAs transaction speed (1,700 transactions per second). GoChain has two additional advantages:
1. Greater decentralization: GoChain has 50 nodes from different countries, unlike Ethereum where 70% of mining is controlled by a few Chinese companies.
2. Lower transaction fees for GoChain.
GoChains smart contract technology is 100% compatible with Ethereums smart contracts, helping users easily develop web and mobile applications. GoChain has launched its mainnet. High product development efficiency and a relatively low project valuation of $30 million are also GoChains strengths. Compared to other projects, GoChain offers significant business opportunities and growth potential.
Currently, over 100 projects are preparing to run on the GoChain platform. These projects plan to use GoChains smart contracts to enable customers to pay for data using GoChains native cryptocurrency (GO20) and operate their businesses on the GoChain platform.
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