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Gnoland is a brand new blockchain with the goal of optimizing the consensus process between validators, the integrity of the smart contract language and the sustainability of the token economy. Gnoland is developed in Gnolang, a fork of Golang. Golang has distinct advantages over other languages used in blockchains. Goroutines used by Go take the burden off the operating system by implementing a runtime local scheduler, the Go Scheduler. The creation and destruction of goroutines seems to consume less memory (as low as 0.2% of threads) and fully utilize all cores of the hardware. Gonlang inherits Golang’s faster compilation speed, cleaner syntax, and resource-efficient concurrency.
As an efficient blockchain, token is an important part. Gnoland intends to adopt a dual-token model, where the fee token is spun off from the governance token. He has the following advantages:
Majority of end-users are tech-ignorant, meaning that most of them are clueless to which validators they should be supporting and how to evaluate governance proposals. 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.
As an innovative and scalable blockchain. We are very much looking forward to his mainnet launch as soon as possible. An intense development and testing phase is now underway. Come join the Incentive Testnet and claim our honor.
Gnoland is a brand new blockchain with the goal of optimizing the consensus process between validators, the integrity of the smart contract language and the sustainability of the token economy. Gnoland is developed in Gnolang, a fork of Golang. Golang has distinct advantages over other languages used in blockchains. Goroutines used by Go take the burden off the operating system by implementing a runtime local scheduler, the Go Scheduler. The creation and destruction of goroutines seems to consume less memory (as low as 0.2% of threads) and fully utilize all cores of the hardware. Gonlang inherits Golang’s faster compilation speed, cleaner syntax, and resource-efficient concurrency.
As an efficient blockchain, token is an important part. Gnoland intends to adopt a dual-token model, where the fee token is spun off from the governance token. He has the following advantages:
Majority of end-users are tech-ignorant, meaning that most of them are clueless to which validators they should be supporting and how to evaluate governance proposals. 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.
As an innovative and scalable blockchain. We are very much looking forward to his mainnet launch as soon as possible. An intense development and testing phase is now underway. Come join the Incentive Testnet and claim our honor.
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