GeeqChain is Blockchain V3.0 and the most scalable, secure and flexible blockchain platform on the planet. They propose a scalable, inexpensive, and computationally light approach to building blockchains called the Catastrophic Dissent Mechanism (CDM). The CDM is based on game theory and economic mechanism design and takes a completely new approach to transaction validation: Proof of Honesty (PoH).
ICO TOKEN PRICE:
GeeqChain has been made in a computationally light way. This is so that the cost of validation doesn’t depend of proof of work, which uses billion’s of dollars of electricity and doesn’t depend on stake holders that we have to trust to some level. Ordinary people that are sitting at home who may have a small amount of excess capacity on their computer can participate as validation nodes and be paid for the service which is a good mass adoption for the community. This allows GeeqChain to be democratised, decentralised and wide spread without centralised points of failure. This ‘code’ allows you to run any app you want with a validation layer beneath it, (the Geeq Coin) facilitating the possibility of using blockchain technology for every day life. They have a good idea, but right know it’s still too early to tell if it’ll be a success. We look forward to seeing their progress in the coming months.
All information including our "Grading system" rating, is provided merely for informational purposes. ICO DOG does not provide investment advice (read more).