Currently, the platform is deployed on Telegram and will be moving to other messaging platforms shortly. GoChain also has their “TurboWallet” which is a P2P crypto payment system with a messaging app built by the GoChain team. Recently, GoChain announced a partnership with Microsoft Azure to help drive enterprise adoption as GoChain is the only protocol that offers customer support services. Currently, 15 dApps are built on the GoChain platform with dozens more in the pipeline. The first 5 projects (ICOs) have been announced on the GoChain platform and each will raise capital in the form of GO tokens (remember what happened when 100 ETH ICOs all took place?). By the middle of 2019, this number is supposed to increase ten-fold to 13,000 tps. Block times are every 5 seconds with fees of $0.001 per transaction. Transferring between exchanges routinely takes less than 2 minutes. GoChain has one of the 3 fastest protocols with a live mainnet in the crypto space at 1300 tps. However, their tech and tps are what will set them apart in the long run. If this team is not impressive, there won’t be one in blockchain that ‘does it.’ Their advisory board is as impressive as their core team.
Ian Alexander, Head of Customer Success recently moved from IBM’s Hyperledger to GoChain. Matt King is the head of Business Development and a former Harvard Undergrad and Yale Business School graduate who worked for Microsoft and Morgan Stanley. He pioneered Iron.io which pioneered serverless cloud computing and 1 million tps. Travis Reeder, the CTO, has been building infrastructure and applications for the past 20+ years. Their CEO, which I’ve had the pleasure of speaking to directly, was the former hedge fund manager in charge of over $250 million in assets. On paper, GoChain’s team is one of the most impressive in the blockchain space. Their consensus mechanism is Proof-of-Reputation, which is vastly different than ETH’s Proof-of-Work and NEO’s dBFT.
So why is GO superior to ETH or NEO? ETH has 13 transactions per second (tps) while NEO has 33.
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