What is GoChain?
GoChain is a fast and efficient blockchain network that improves transaction speeds by orders of magnitude over Ethereum.
This means that GoChain can address the scalability issues for blockchain and DApps that are built on top of them.
Proof of Reputation
There are various types of consensus algorithms powering the various blockchains. GoChain works on POR(Proof of Reputation).
POR works by leveraging a company's reputation to ensure security and efficiency. GoChain will choose 50 companies around the world in different locations to run nodes. This will create a blockchain with unparalleled transactions speed while still retaining the security features of a completely decentralized system.
In fact, a large portion of mining power is currently centered around one place - China. By distributing the companies in various geographical locations, GoChain addresses the issue of potential government intervention as well as the possibility of a 51% attack.
Graphic Design:
Motive:
The design was made based on the consensus algorithm offered by GoChain.
It allows the platform to function in a safe and scalable way.
I used strong colors and a set of icons describing the functions of GoChain.
Thanks: @MediaWorks & GoChain
Contest:
"GoChain"
gochaingraphic2018