GoChain is a scalable, Ethereum-based blockchain platform focused on delivering fast, secure, and energy-efficient smart contract solutions. GoChain provides a foundation for decentralized applications (DApps) and digital currency projects, allowing developers to migrate ("lift and shift") their projects from Ethereum to GoChain for significantly enhanced performance.
GoChain's core offering centers on increasing blockchain scalability and sustainability. The platform is built to process high transaction volumes—initially targeting up to 1,300 transactions per second, compared to Ethereum's approximate 13 transactions per second. By using a consensus mechanism that requires nodes to be distributed across different countries and operated by unrelated parties, GoChain aims to be 10x more decentralized than typical blockchains. This approach addresses concerns about mining centralization in other networks, where a large portion of activity is concentrated within a few companies and regions.
A key differentiator for GoChain is its commitment to reducing energy consumption. The platform is designed to use a fraction of the energy required by leading cryptocurrencies like Bitcoin and Ethereum, making it a more sustainable option for blockchain applications. GoChain's mission is to provide a low-cost, green infrastructure for the next generation of digital assets and decentralized technologies.
How was GoChain started?
GoChain was founded by a team with extensive experience in blockchain, technology, and business leadership. The founding group includes Travis Reeder (Founder, GoChain Foundation), Henry Ines (CEO, Chainparency Inc.), Jai Verma (Chairman, Protecti, ex-CEO Cigna Government Solutions), Eric Fegraus (Senior Technical Product Manager, Amazon), Cassandra Ferrara (Tech Executive & Advisor), Chris Berg (Principal Research Fellow and Co-Director, RMIT Blockchain Innovation Hub), Mark Arruda (General Manager at Athena Cloud), and Craig Macy (Director, Steam Law). This diverse expertise supports GoChain's focus on secure, high-performance blockchain solutions.
Who uses GoChain?
GoChain is designed for developers and organizations seeking a blockchain platform that is faster, more decentralized, and energy-efficient compared to traditional networks. While specific customer names are not listed, typical users include DApp developers, smart contract engineers, and enterprises looking to build decentralized solutions or migrate from Ethereum-based systems.
What makes GoChain different?
- 10x more decentralized through globally distributed, independent nodes
- 100x greater transaction throughput than Ethereum
- 1000x less energy consumption compared to leading blockchains
You can learn more about their approach and technology on their About page.
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