This is not an actual long read article, but i want to give you guys a just brief summary of this project, they're likely to compete with etherium in terms of tps (transaction per second). To be specific GoChain tps is roughly at 1300 tps, 100x much faster the etherium current tps which is 13 tps. they also invented this POR or Proof of reputation.
Proof of Reputation is a consensus model that depends on the participants reputation Example, a participant (a block signer) must have a reputation important enough that they would face significant financial and brand consequences if they were to attempt to cheat the system. This is a relative concept as almost all businesses would suffer significantly if they were caught attempting to be deceitful, but larger companies will typically have more to lose and thus are chosen over companies with less to use (smaller businesses).
so that's all i have to say for now, anyway check this link for more information about the project:
https://medium.com/@cryptoresearch/gochain-gives-cryptocurrency-a-major-upgrade-ffdbab3205de
beautiful article
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