Assets, Ethereum

Is GoChain on Ethereum?

GoChain is a scalable, high performance, low cost, and decentralized cryptocurrency and blockchain that supports smart contracts and distributed applications. It is based on the Ethereum blockchain and was created to address its issues of scalability and energy efficiency.

The GoChain team believes that their blockchain can process transactions up to 1000x faster than Ethereum, while using 100x less energy. They are also working on making their blockchain more scalable so that it can support more transactions per second.

The team has also created a GoChain Wallet which allows users to store, send, and receive GoChain tokens. The wallet is available for both desktop and mobile devices.

NOTE: GoChain is a blockchain platform and is not on Ethereum. GoChain uses a custom version of Ethereum’s consensus mechanism, but the two platforms are not compatible. Attempting to use GoChain on an Ethereum network or vice versa may cause confusion, errors, and potential loss of funds.

So far, GoChain has been well received by the cryptocurrency community and has partnered with several big names in the industry including Microsoft, Alibaba, andKyber Network. The team is also working on integrating their blockchain with other popular cryptocurrencies such as Bitcoin and Litecoin.

Is GoChain on Ethereum?

No, GoChain is not on Ethereum. However, it is based on the Ethereum blockchain and was created to address its issues of scalability and energy efficiency.

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