Review on GoChain by JB CRYPTO
GoChain: everything you are looking for in a digital currency
In a world that moves faster and faster, having the necessary tools that allow us to keep up with the speed of the events of daily life is vital. Due to this, digital currencies continue to innovate in the search to offer ever faster solutions to their users.
GoChain is a digital asset that aims to ensure faster and more secure transactions to provide broader business opportunities to its users.
Token:
Technology:
With GoChain, money transfers are extremely fast, due to its powerful technological infrastructure that uses smart contracts on a highly scalable chain that allows transactions without limits of place and time. This is of utmost importance for trading activities.
Although Ethereum served as the base structure for GoChain; the latter manages to surpass it in terms of scalability. Thanks to this; it offers faster operations than its base reference chain.
Gochain is also targeting further decentralization by using the Proof of Reputation consensus protocol; which is based on considering the reputation of all members of the mining network.
Utilities:
• For cryptors, GoChain is an ideal technology ecosystem to build non-custodial solutions on an energy efficient platform.
• It allows its users to have autonomy over the network due to its open source encoding.
• Its decentralized network gives trust to its users, which translates into growth of its community.
• Being a highly scalable chain allows almost instantaneous transactions and provides speed in negotiations.
Pros
- Fast transactions
- Scalable network
- Low transaction fees
Cons
- No downsides
