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GoChain is a scalable, Ethereum based smart contract blockchain that is fast, secure and green. It enables DApp and smart contract developers to lift and shift from Ethereum to GoChain for 100x increased performance.
GoChain's mission is to provide a scalable, low cost, energy efficient platform for digital currency and decentralized applications.
Goal: 10x more decentralized
Open decentralization did not work as intended as more than 70% of mining is in China and the majority of that is run by just a few companies. GoChain forces nodes to be in different countries, run by unrelated people/companies.
Goal: 100x more transactions per second
GoChain will support very high transaction volumes with fast verifications. Ethereum can only process 13 transactions per second, GoChain will initially target 1300 transactions per second.
Goal: 1000x less energy consumption
The energy used to run the Bitcoin network could power more than 3.5 million US households, 1 million to run Ethereum. We think that's completely unnacceptable and unsustainable. GoChain will use a small fraction of the energy used to run other cryptocurrencies.
If you'd like to be part of a cutting edge team working to create the next generation of blockchain technology, please reach out to us - we're hiring!
GoChain's mission is to provide a scalable, low cost, energy efficient platform for digital currency and decentralized applications.
Goal: 10x more decentralized
Open decentralization did not work as intended as more than 70% of mining is in China and the majority of that is run by just a few companies. GoChain forces nodes to be in different countries, run by unrelated people/companies.
Goal: 100x more transactions per second
GoChain will support very high transaction volumes with fast verifications. Ethereum can only process 13 transactions per second, GoChain will initially target 1300 transactions per second.
Goal: 1000x less energy consumption
The energy used to run the Bitcoin network could power more than 3.5 million US households, 1 million to run Ethereum. We think that's completely unnacceptable and unsustainable. GoChain will use a small fraction of the energy used to run other cryptocurrencies.
If you'd like to be part of a cutting edge team working to create the next generation of blockchain technology, please reach out to us - we're hiring!
Overview
Location
United States, Nevada, Reno
Employees
11-50
Investors 2
| Date | Name | Website |
| Sign up to see | Sign up to see | Sign up to see |
| Carnaby Capital | carnabycapital.com |
Mentions in press and media 3
| Date | Title | Description |
| Sign up to see | Sign up to see | Sign up to see |
| Nov 9, 2021 | Colombia Mints World's First Mining Contract as a NFT on the GoChain Blockchain | Dubai Expo 2020, Opportunity District This is something revolutionary in mining … in the world, we’ve been working to see how we can be more innovative, how we can actually be more transparent … this new strategy that we’re launching today ... |
| Dec 21, 2020 | Global Energy Company Enviva Joins Forces With GoChain to Pilot Blockchain Technology for Sustainable Biomass | Enviva, a global energy company that specializes in sustainable wood bioenergy, announced on Monday it has joined forces with blockchain company GoChain to launch a new pilot program designed to enhance the traceability of sustainable bioma... |
Reviews 0
FAQ about GoChain
Who has invested in GoChain?
Parsers VC lists 2 investors of GoChain, among them Carnaby Capital.
What has the press written about GoChain?
Parsers VC has collected 3 articles mentioning GoChain, among them “Colombia Mints World's First Mining Contract as a NFT on the GoChain Blockchain” (Nov 9, 2021) and “Global Energy Company Enviva Joins Forces With GoChain to Pilot Blockchain Technology for Sustainable Biomass” (Dec 21, 2020).
Is GoChain still active?
Yes, GoChain is active; its latest activity on Parsers VC dates from Jan 15, 2022.