Trade GO on Beaxy
Features of GO
GO technology
The main goal is to solve problems that other cryptocurrency projects have:
1. Low blockchain bandwidth
2. Bad decentralization
3. High energy consumption of the mining process.
If GoChain solves this problem, we make cryptocurrency more friendly for the environment.
Thanks to the factors mentioned earlier, creators of this cryptocurrency have solved these problems. In other aspects, this is classical blockchain technology. In simple words, this is a database where you can add recordings, but you can’t delete or edit them.
Moreover, if one of the recordings is edited or deleted, it can be restored from other independent databases around the world. That’s why you can trust this technology.
If one person transfers money to another, a new recording is added but previous are saved too.
GO technology is also named “distributed ledger technology” because all orders and a list of owners are saved by many independent users. Even if some computers don’t work, all information about transactions is saved. That’s why so many people trust blockchain technology.
Now, GO is the leader in using blockchain to provide automatic and unchangeable database systems for future generations.
The developers of decentralized applications, which interact with smart-contracts in GoChain, can use Linkmason Link. This is a FaaS platform that creates traditional web-APIs for the developers who interact with the blockchain.
Also, GoChain proposes to use blockchain technology as an instrument for saving and managing intellectual property rights in the decentralized “diary”.
One of the elements of GO is GoChain File System (GoFS). This is fast and decentralized file storage in the internet. You can access the content from IPFS without a need to start and manage your own instance of IPFS.
Unlike the traditional file hosting applications (Drop Box, Google Drive, etc.), files stored using the GoFS technology are supported from several places. This can increase the loading speed of these files and their protection.
In comparison to other ICO, this cryptocurrency creates decentralized applications and reliable contracts.
The technology of GO makes it compatible with existing Ethereum wallets, smart contracts and other tools. Also, it allows to take lower commissions. You have to pay 7500 times less than with Ethereum.
This is a highly scalable blockchain and cryptocurrency. This project sets as its main goal to provide an ability to cope with high loads and work with smart contracts and distributed applications. To achieve this, developers plan to create an original structure of blockchain and give it big advantages in comparison to existing analogs.
GoChain believes in the ability to use highly-effective technologies to make people’s lives better. GO cryptocurrency collaborates with companies from many spheres to launch and manage their scalable and cheap blockchain technologies.
How to mine GO?
However, this is not a problem because you can trade GO on Beaxy and earn money using this ICO project.
Beaxy is a great project where you can buy different cryptocurrencies and exchange them. You can do it even from your mobile phone. They offer 24/7 customer support and learning center for beginners, where they can study features of cryptocurrency trading. Also, you can join the communities where you can discuss different interesting topics connected to cryptocurrency. You will definitely enjoy talking to people who have the same interests.
Risks of GO Trading
GoChain development plan
All transactions are checked by companies from the Fortune 500 list, different NGOs. Professional traders rate GO very optimistic. This is an improved version of Ethereum. It is 1000 times faster. Moreover, this company actively introduces different positive directions for logistics, finances, oil companies, etc. This fact makes the project so reliable.
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BXY is an exchange token that works as loyalty rewards and functional fuel for the Beaxy exchange ecosystem. Greater rewards, discounts, and potential of the platform can be unlocked with BXY.
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AION is a native asset that performs critical functions for The Open Application Network. You can swap AION and BTC directly on Beaxy.
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