INTRODUCTION
In recent times blockchain and smart contracts have gained popularity as a result of the advantages it offers which are security and easy transactions without extra fees however there are a few draw backs which are
- decentralization is not actually realized
- Slow rate of transactions
- High energy consumption
However all this drawbacks mentioned above can be solved by GoChain.
GoChain is a standalone blockchain and is the future of smart contracts platform, it's built on a foundation of improved etherum code base
GoChain's mission is to provide a scalable, low cost, energy efficient platform for digital currency and decentralized applications.
This would be achieved by changing the consensus algorithm from proof of work (POW) to proof of reputation (POR) this is an upgraded, stronger and more secure form of proof of authority (POA)
My design
Below in the graphics design i illustrated the qualities of GoChain so that at first sight anyone would be able to know what the benefits of GoChain are
From the design above it can be clearly noted that GoChain would be fully.decentralized and the speed is also show by the train.
I also made along with this two gifs that also highlight the benefits of GoChain
The GoChains team
The GoChains advisors
GoChains partners
GoChains roadmap
More Information & Resources:
GoChain Website
GoChain WhitePaper
GoChain Telegram
GoChain Telegram Announcement
GoChain GitHub
GoChain Reddit
GoChain BitcoinTalk
GoChain Twitter
GoChain Facebook
GoChain Medium
This is a @mediaworks sponsored contest. Check the contest here
gochaingraphic2018
Congratulations @kally! You have completed the following achievement on Steemit and have been rewarded with new badge(s) :
Award for the number of upvotes
Click on the badge to view your Board of Honor.
If you no longer want to receive notifications, reply to this comment with the word
STOP
Do not miss the last post from @steemitboard:
SteemitBoard World Cup Contest - France vs Belgium
Participate in the SteemitBoard World Cup Contest!
Collect World Cup badges and win free SBD
Support the Gold Sponsors of the contest: @good-karma and @lukestokes