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.

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Coin’s Details

  • Market Capitalization

    6 621 943.68

  • Volume 24H

    -2.71%

  • Blockchain

  • Circulating supply

    825 283 443.58

  • Total suplly

    1 063 672 126.00

  • Proof type

  • Algorithm

  • Team Location

  • First announced