Bitcoin has achieved decentralization of value, Ethereum has achieved decentralization of systems, and Cosmos has achieved interoperability of decentralized systems. Gnoland with the goal of optimizing the consensus process between validators, the completeness of the smart contract language, and the sustainability of the tokenomics.
Gnoland adopts a new language called Gnolang, a fork of the Golang. A clear advantage of Golang compared to other languages is apparent when dealing with concurrency.The most commonly used languages in the current blockchain development environment are Solidity for EVM-compatible networks and Rust for Solana and Cosmos SDK-based networks; both Solidity and Rust are inspired by C++. Although all of the above are excellent languages, Gnolang inherits faster compiling speed, more concise grammar, and resource-effective concurrency from Golang.
Gnoland on the other hand, is looking to adopt a dual token model similar to the initial Cosmos idea where the “fee utility” is stript off from the governance token.Simply put, the dual token model mitigates the operational risks by offloading the governance responsibilities from the end-users to nodes, validators, and network stakeholders who have an actual understanding of the blockchain.
The point of the governance token is to be staked on the Network for the security of the blockchain. What’s ironic about a single token model is that the more traction a blockchain gets, the more tokens are likely to get unstaked to be used as gas fees, which leads to a decrease of the security of the Network. Having a dual token model addresses this issue.
A fixed-constant-inflationary fee token that’s solely dedicated to fueling the contracts of the blockchain will allow users to hold the token in a wallet for future usages without worrying about the value of tokens getting inflated away.
Gnoland, a scalable blockchain that we believe will onboard millions of developers that will deploy innovative applications, accelerating the transition of the internet to Web3.