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GoNetwork Review

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Revainrating 3.5 out of 5  
Rating 
3.3
Crypto Projects, ERC20

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Description of GoNetwork

GoNetwork is creating a low-cost, low-latency and scalable network for Ethereum that will be used by mass mobile, desktop and web platforms. GoNetwork allows users seamless trade and purchase of virtual goods across the internet ecosystems and between users.

Reviews

Global ratings 15
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Type of review

Revainrating 4 out of 5

My review on GoNetwork, a crypto project.

The frequent task of digital currencies is to overcome the pace of transactions and limit the expenses of the usage of the network. GoNetwork takes up this undertaking by means of imparting a platform that permits operations to be carried out exterior to its most important chain; permitting greater scalable and consequently less expensive transactions. With GoNetwork, operations in greater than one set of operations are generated and developed by way of developing a community outdoor the…

Pros
  • Fast transactions
  • Low fees
Cons
  • I do not see any

GoNetwork is a project that creates a network for everything that can happen in the internet environment and earns tokens over this network. GoNetwork runs on eth network. It is the erc-20 protocol. It executes smart contracts in offline chains. The local token unit is GOT. We know that all projects running on ETh network have "scalability" problem. GoNetwork addresses the scalability problem of eth. Increases and accelerates efficiency. Finds a solution to the problem of congestion by creating

Pros
  • Makes operations on the network cheaper
  • It is intended to run the Erc-20 protocol on a mobile network
  • Can be operated as a payment system
Cons
  • Roadmaps are unclear, it has been a long time since the last update

Revainrating 1 out of 5

GoNetwork is Either Scam or Dead Project

GoNetwork is an Ethereum blockchain based cryptocurrency token that was created in order to provide solution to scalable, slow and high transaction rate. It aim is to provide a very fast transaction at a cheaper rate through off chain transaction. To fully achieve their mission which is to bring cryptocurrency to ecosystem, GoNetwork was made available for mobile version for In my findings I notice GoNetwork is not what they said they were, why? Because it claimed to be on Twitter but it…

Pros
  • Nothing positive
Cons
  • GoNetwork is not what they said they were. The project was rated 10/10 Scam on Medium, the telegram official chat does not exist and the last tweet on Twitter was 2018. So I concluded that the project is Dead Or scam.

Revainrating 4 out of 5

Today I am going to talk you about GoNetwork and its features.

Gonetwork , Ethereum for the correction and scaling issues Etherea network mobile-focused aims to build low-cost and fast superhighway. How did GoNetwork come about? More than 400 Ethereum developers from all over the world held the ETHWaterloo meeting in Canada on October 13 - 15, 2017 . This meeting was an important 36 hour hackathon with Vitalik Buterin, Joseph Lubin and many other big names in the blockchain world. And the winners of this hackathon were actually the team that…

Pros
  • it is aimed to be a big project, so the platform has a future
  • both consensus protocols are included
Cons
  • I do not need to use this platform right now

GoNetwork is a low-cost, low-drought and multidisciplinary organization for Ethereum, which will be used by mass mobile, workspace and web phases. GoNetwork allows customers to exchange information in web biological systems and between users and receive virtual products. I often know that financial backers look at these components before they take a step back. So, what GoNetwork is trying to do is address the issue of speed and exchange costs, which are currently undergoing various activities…

Pros
  • Quick exchanges Low costs
Cons
  • No problems

Revainrating 4 out of 5

My survey on GoNetwork, a crypto project.

The incessant undertaking of advanced monetary standards is to defeated the speed of exchanges and cutoff the costs of the use of the organization. GoNetwork takes up this endeavor through bestowing a stage that licenses tasks to be completed outside to its most significant chain; allowing more noteworthy versatile and subsequently more affordable exchanges. With GoNetwork, activities in more noteworthy than one bunch of tasks are produced and created via fostering a local area outside…

Pros
  • Quick exchanges
  • Low expenses
Cons
  • I don't perceive any

GoNetwork is a program that creates a system for everything, can actually be online, and make notes through this system. GoNetwork works in the meat system. This is the erc-20 protocol. There are smart deals in offline chains. The number of known banknotes is GOT. In fact, we know that not all IT programs are "evolving". GoNetwork solves the problem of meat feeding. Increases and speeds efficiency. The method solves the redundant problem by building blocks. With GoNetwork, operations in more…

Pros
  • Allows you to perform quick operations.
  • Calls for a platform for mobile devices.
  • Allows you to save transaction costs.
  • This makes online transactions cheaper.
Cons
  • The plan does not include a wallet that can be accessed on mobile or desktop devices.

Revainrating 3 out of 5

GoNetwork is a promising project.

GONetwork (GOT) is one of the local currencies that it wants on the Ethereum platform and currently has a market cap of $ 71,994,619.80584799. GOT is a project that manages digital assets in the marketplace with comparable financial ideals, high-speed data transfer, and a platform that allows you to use it directly as a data channel in a blockchain network. The project connects higher security and precision contracts, and uses its currency as a reliable payment tool, and achieves a high level

Pros
  • It is easy to acquire, buy and sell your free market and trading assets
  • It is always possible to run a secure mobile application.
  • You can transfer large amounts of money without losing a lot of commission.
Cons
  • Because of its low value, the value of each action is only tested.

Revainrating 4 out of 5

A Solution To High Transaction Charges And Scalability Issues: GoNetwork.

In all my years of cryptocurrency and all the experience I have gained by coming in contact with various cryptocurrencies and projects based on different kinds of blockchain technologies, I can confidently say that two of the most important factors influencing the use of cryptocurrency projects is transaction speed and transaction costs. These two factors usually determine the kind of exposure or popularity that a cryptocurrency project gains. More often than not, I know for a certainty, t

Pros
  • GOT token is available on a couple of exchanges
  • The structure of the project is a highly scalable mobile first network
  • GoNetwork is heavily affiliated with the Ethereum platform
Cons
  • Nothing negative about the project which I have noticed

GoNetwork (GOT): is a project that manages the digital assets present in the market with a relative financial ideal, handling high speeds in information transfers, it is a whole platforms that allows the direct use of the blockchain network as the main channel of information, establishing pacts with greater security and veracity, its currency is used as a direct means of payment and thanks to the protocols that are executed in their systems can obtain high levels of security throughout its…

Pros
  • It has a highly developed platform, quickly and securely manages a large number of market operations.
  • It has full support for mobile devices, developed an application based on smartphones that has dual use, support for your system and payment method, integrating a wallet.
Cons
  • It is a project that lost part of its commercial value, and they were a little stagnant in the full development of its roadmap, it must improve and refresh its entire service platform.

Revainrating 3 out of 5

GoNetwork: solving blockchain challenges

The common challenge of digital currencies is to overcome the speed of transactions and reduce the costs of using the network. GoNetwork takes up this challenge by offering a platform that allows operations to be carried out external to its main chain; allowing more scalable and therefore cheaper transactions. Coin: GoNetwork offers a digital currency identified by the acronym GOT, which operates on the Ethereum network. Functioning: GoNetwork creates an open market ecosystem for the…

Pros
  • Allows fast transactions
  • Offers platform for mobile devices
  • Allows savings in transaction costs
Cons
  • It has no disadvantages

Revainrating 2 out of 5

Scalable network with state channels

Composed of an expert team in software development, GoNetwork went to the market with the intention of creating a network that allows the development of cheaper and faster transactions, than to be implemented in other blockchains, through state channels. With the integration of state channels that process a minimum of on-chain transactions that allow balancing the transfers between the parties outside the chain quickly, without cost and with a high performance. Given the current problems that

Pros
  • Implements Hash Time Lock Contracts (HTLC)
  • Allows atomic swaps even between different blockchain implementations
  • Features bi-directional status channels with unlimited channel life
  • Integrates an incentive system for its users on the longevity of a state channel
  • Uses a geometric decay function that determines the amount of reimbursement over time for a channel.
Cons
  • Does not have a solid community
  • The GOT capitalization is one of the lowest in the market.
  • Demand for its services is low despite the heavy transaction congestion on the Ethereum network

Revainrating 4 out of 5

GoNetwork (GOT)

The GoNetwork project (GOT), brings with it a token which was already completed its pre-sale and which is active for investment, buying, selling and exchanges of the same from up to 4 houses of exchange available, this token is quite reliable, their transactions are very economical and fast, works with technology block chains of Ethereum, apart from this it is possible to acquire GOT with currencies such as BTC, ETH and even USDT in a very simple and easy. GoNetwork (GOT) is very reliable and…

Pros
  • You have active trading on your GoNetwork (GOT) token, with almost instantaneous buying and selling from BitForex, Hotbit, IDEX, Bilaxy and BKEX exchanges.
  • Investing in GoNetwork (GOT) is possible with trading pairs such as GOT/BTC, GOT/ETH and GOT/USDT.
  • Transactions with the GOT currency in this project have proven to be efficient, fast and very secure.
Cons
  • The project does not provide a wallet client that can be installed on mobile or desktop devices.
  • The market capitalization is a bit low compared to other tokens in the market, so GoNetwork (GOT) is located at Level 1360 of the CoinMarketCap.

Revainrating 3 out of 5

Scale transactions cheaply on Ethereum for mobile platforms.

The key is the ability of the protocol to make Ethereum transactions faster and cheaper. With plans to roll out updates I'm not really sure how it will stand out and hold up in any use. Behind this is a fair amount of hype, the hype can result in higher trading volume and often increase the price action depending on the market. This is very consistent with their social media activities and has attracted a huge amount of interest.

Pros
  • The cost of the transaction will be several times lower than running the transaction directly in Ethereum.
  • It is a fast, cheap and low latency infrastructure.
  • Make cheap transactions.
Cons
  • The community doesn’t have a huge amount of trust in the project from what Icould see on social media.
  • Pretty surprised simply by the lack of useful content on their website.

They want to make blockchain faster and cheaper so basically what all project in 2017/2018 was aiming to do finally 98% of them failed. Even that they won the Etherum event it doesn't mean they will have high standard for a long time and right now the project is half-dead, but in my opinion it's one of the high risk high reward project. Super under ico price but still good volume despite the price and the team is working a bit if they can start Q2 2019 with a correct moves they can ride the…

Pros
  • + Not bad team winner of ETH even called "waterloo hackthon" + Big socialmedia
Cons
  • - No working product - During the ico the whitepaper was deleyd - Competetive sector - No major exchanges - 25% tokens for a team