$GO GO is the cryptographic token that powers the GoChain network. Every transaction sent to the network requires GO for the transaction fee. The $GO Token fuels the GoChain Network Faster, less costly and more scalable than any other digital asset, $GO is the cryptographic token that powers the GoChain network. Users, businesses, and developers use $GO to pay for network services, such as running a smart contract, storing a file, or transferring tokens. For each transaction submitted to the network, $GO is used to compensate network nodes for bandwidth, compute, and storage. 1,300+ transactions per second $GO tokens can be transferred at high volumes using GoChain’s scalable blockchain network. By comparison, Ethereum only supports ~13 transactions per second. <$0.0001 USD average fee Send 100,000 transactions on the GoChain blockchain for less than $1 USD. $GO is a leader in transaction fees due to its Proof of Reputation consensus. 3-5 second confirmation time Unlike Bitcoin transactions which settle in 10 minutes to 1 hour, $GO transactions settle in less than 5 seconds. Purchase and store your $GO tokens PURCHASE $GO ON AN EXCHANGE STORE $GO ON A DIGITAL WALLET How do I purchase GO? $GO tokens can be purchased on a variety of exchanges and currency exchange systems. GoChain does not endorse or recommend one exchange over another. To view a list of exchanges or services see below. Exchanges GoChain is listed on many of the worlds top exchanges *We do not endorse or recommend any exchanges. Users should conduct their own research prior to engaging in transactons on an exchange. You can purchase GO at the following exchanges: Binance Upbit Bittrex KuCoin ChangeNOW GoSwap - Decentralized exchange on GoChain More on CoinMarketCap Wallets & Storage GoChain is supported on the following wallets: MetaMask Trust Wallet GoChain Web Wallet Turbo Wallet MyEtherWallet MyCrypto Ledger Trezor Transaction fees protect the network Simply put, tokens protect networks from abuse and DDoS attacks. Blockchains, and networks in general, are scalable to a certain capacity. While GoChain has a significantly higher capacity (100x) than its peer network, Ethereum, there is always the possibility a malicious actor could potentially run a script using multiple computers to bog the network down by making 1,300 transactions of worthless information every second and deny service to everyone else. This kind of thing does happen often with traditional networks. We see it most often in the form of DDoS (distributed denial of service) attacks against websites. So how do you stop it? As we mentioned, executing transactions on the GoChain network requires the user to spend $GO tokens. So long as tokens are not free to acquire, the bad actor conducting the attack would have to invest a significant amount of capital in attacking the network to deny service to others. For every minute of they attack, this would cost nearly 100,000 $GO tokens.
