GoChain GO

GoChain (token ticker GO) is the project trying to solve some of the most difficult issues facing the blockchain community right now like the problem of scalability. Since even the most advanced mainstream blockchains, like Ethereum, are very limited due to their inherently short-sighted Proof-of-Stake algorithm, the GoChain team developed and implemented a new system, the one they call the Proof-of-Reputation. Instead of the proverbial rich getting richer, the network is constantly keeping tabs on all of the participants and users around the platform, evaluating each one’s actions across the board to tell precisely in what ways the user’s been complying with all of the platforms rules. Everybody using the platform will have a certain reputation ranking, so cheating and doing harmful things to the platform will lead to punishments and adhering to the rules will allow the system to be safe, secure and free of any type of errors or threats. GoChain is also completely compatible with the Ethereum blockchain, so it allows any project currently using Ethereum as their blockchain, to switch easily and without incurring any additional costs.

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