Information about GoChain
GoChain is a cryptocurrency platform that aims to provide users with an efficient, secure, and cost-effective way of transferring digital assets. It was created in 2018 by the GoChain team as a fork of Ethereum and has since become one of the most popular cryptocurrencies on the market. The goal behind GoChain is to create a more decentralized network that can scale quickly while still maintaining high levels of security.
The primary feature that sets GoChain apart from other blockchain networks is its use of Proof-of-Reputation (PoR) consensus protocol. This consensus mechanism allows validators on the network to be chosen based on their reputation rather than their computing power or wealth like many other blockchains do. This makes it much harder for malicious actors to gain control over large portions of the network as they would need extensive reputations first before they could even attempt such activities..
This also means transaction speeds are much faster compared to some other blockchains due its ability for transactions being processed almost instantaneously instead having them wait in line until miners have had enough time confirm them all at once like Bitcoin does with its proof-of-work system (POW). Not only this but fees associated with using these services are significantly lower too making it ideal for those who want quick transfers without breaking bank accounts!
With all these features combined together, it's easy understand why so many people have been drawn towards investing into this currency - both long term holders & short term traders alike! So if you're looking get your hands some crypto coins but don't want deal hassle associated traditional mining then maybe consider giving gochain try?