Other blockchains are also faced with notable challenges: Ethereum users are suffering from unaffordable gas fees, Solana users from relatively frequent downtimes, and Terra users from the over-reliance on the performance of a single dapp that holds a majority of its native stablecoins.

Among the chaos, Jae Kwon, a core contributor to the Cosmos and Tendermint has been designing a new blockchain called Gnoland with the goal of optimizing the consensus process between validators, the completeness of the smart contract language, and the sustainability of the tokenomics.

Smart contract platforms serve as decentralized virtual machines run by untrusted nodes that validate transactions or run open source applications called smart contracts under economic incentives. Although leading blockchains have enabled several thousands of applications that serve millions of users to be deployed, the development environment and user experience have yet to be optimized.

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. While a majority of programming languages such as C++ or Java use multithreading for running concurrent programs, Go uses Goroutines.