1H
-0.05%$0.0000
24H
2.53%$0.0000
7D
3.43%$0.0000
30D
-20.7%$0.0003
GoChain is a scalable, high-performance, low-cost, and decentralized cryptocurrency and blockchain that supports smart contracts and distributed applications. GoChain uses a Proof of Reputation consensus model that depends on the reputation of its participants to keep the network secure. A participant’s reputation has to be high enough so that they ascertain that cheating the system would have punitive consequences for both finances and branding. These participants work as an authoritative node, making it possible for them to create, sign, and distribute blocks to other nodes sans the overhead mining cost.
As the next era of the web continues to emerge, a lot of platforms are deploying suitable Web3 infrastructures to encourage further participation in the industry. Ankr is one of such platforms, and here is all you need to know about it.
In this guide, we will discuss privacy coins: what they are and how they technically function, their legal status and applicable regulatory frameworks, arguments about their benefits and risks, and highlight the most relevant ones currently in existence.