GeeqChain
A Better Approach to Blockchain.
GeeqChain Score
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).
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Green lights
– GeeqChain aims to solve most of problems remaining in Ethereum.
– GeeqChain’s hub-and-spoke network is designed for transaction loads that exceed the combined capacities of the Ethereum and Bitcoin blockchains, by orders of magnitude.
– GeeqChains are the only blockchains that offer 100% Byzantine Fault Tolerance.
red flags
– Lack of Token Metrics.
– No Road Map, so it’s unclear what their business strategy is.
– No hype from community or influencers, still in early phases.
– Team lacking in business acumen/experience with no marketing team.
GeeqChain
DETAILED ANALYSIS
ICOs Found
ADVISOR SCORE
Unknown
Medium
– Eric Ball is a technology finance professional, investor, and board member. He currently serves as General Partner for Impact Venture Capital, which makes early stage investments in technology companies.
TEAM SCORE
Unknown
Low – Medium
– Team are lacking in size, with only 4 members. They lacking in business acumen/experience with no marketing team.
HYPE SCORE
Unknown
Low
– Still in it’s early phases at the time of writing (29th June 2018) with little amount of community support on Telegram & Twitter so far.
TOKEN SCORE
Unknown
Unknown
– Token metrics are yet to be released to the public.
CONCLUSION
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.
7.4
ADVISOR
4
TEAM
3
HYPE
2
TOKEN
CATEGORY
7.1
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).
All information including our "Grading system" rating, is provided merely for informational purposes. ICO DOG does not provide investment advice (read more).
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