Review on GoNetwork by Özgün A
A project aiming to increase the capacity by moving the processes off the chain
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 algorithms on blocks.
With GoNetwork, transactions in blocks with transaction overrun are created and processed there by creating an off-chain network. Off-chain transactions are handled offline. The processed data is sent directly to the target. Thus, scalability (processing density) is reduced. It can execute a large number of transactions and create blocks per second.
Actually, GoNetwork's goal is to solve all problems in networks like ETH and BTC. The project is logically very useful, but I am not sure about its applicability.
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
