Are you scared that blockchain technology aren't performing optimally?

You certainly wouldn't be if you weren't conversant with blockchain technology and the downside of encumbered database.

For being on this page, I assume you have heard about blockchain technology. And perhaps, are briefly aware of the besetting shortcomings of different companies in this field

Some of them won't respond to you when you need them and when they do, they come with disgusting limitations.

Ethereum, for instance, is currently limited to as little as 13 transactions/second. Do you know that many other blockchain companies are relying on them?

What this automatically means is that users of blockchains that are relying on Ethereum can only perform 13 transactions each second.

To explain this, huge user base which is ordinarily meant to be a blessing to blockchain has turned to burden due to avoidable poor interface.

For this reason and more, GoChain is born to offer the needed solutions to the plagued modern blockchains.

Before Proceeding, Let's First Answer the Question as to What GoChain Really Is:

GoChain is the user-friendly blockchain technology, created to solve the problem of sluggishness and high cost, attributable to Ethereum, by ensuring fast, efficient and accurate transactions at the cheapest rates to users.

The goal is to enhance scalability and promote the latent beauty of blockchains through the introduction of a new consensus algorithm known as Proof of Reputation (POR).

This has proven to be much faster, cheaper and quite easier to implement. Quite unlike the contemporary Proof of Work (POW) which the challenges of accommodating new users has made even more sluggish.

Now, be the judge: Ethereum offers a capacity of 13 transactions per second, while GoChain carries out 1,300 transactions each second.

Seen the difference?

Again, GoChain promises to be as decentralized as possible. With as many as 50 reputable companies, in different parts of the world, to serve as nodes, it will be highly unlikely for any government to mount heavy influence on the direction of GoChain.

NOTE: by reputable companies, there are certain criteria a company must pass to qualify as a node, like being publicly traded etc.

Because GoChain is for the people, while it's services are many times faster than Ethereum, it is, as well, many times cheaper. It recognizes the fact that many users/developers might be feeling trapped on Ethereum due to the sluggish nature of Ethereum. GoChain has therefore, offered a platform where such users/developers can simply migrate without having to rewrite their codes.

These and more are the benefits that come with this technology.

Read more about the beauty of GoChain through an ongoing contest courtesy of GoChain technology

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