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When it comes to Ganland, it's important to mention the great Jae Kwon, co-founder of Cosmos and Tendermint, who has been designing Gnoland's new blockchain since 2020, which aims to create a decentralized, secure and scalable smart contract platform for people to create important applications, especially for censorship . Optimize the consensus process between validators, the integrity of the smart contract language and the sustainability of token economics. Gnoland uses a new language called Gnolang, which is an offshoot of Golang. Golang has significant advantages over other languages when dealing with concurrency.
On the other hand, Gnoland is looking to adopt a dual token model similar to the original idea of Cosmos, where the "cost utility" is stripped from the governance token. gnoland's primary token is $GNOT (Gno token), which is typically used with ugnot on-chain units. The first use case for the token will be to pay transaction fees and reward verifiers.
Since Gnoland is still in the beta network, the tokens are not yet live, but there have been some token distributions in the origins of the new test2 beta network. Token distribution is still ongoing and may change before the main network is launched.
Another token called $GNOSH (Gno Shares) will be used to reward contributors with a mechanism called Proof of Contribution, which is still being defined. The $GNOSH will be obtained through a bounty and distributed to contributors. Transaction fees will be distributed between the verifier and the $GNOSH holder. The more $GNOSH you earn, the larger your percentage of the contributor pool. While contributors will not lose $GNOSH, they will be diluted each time a new $GNOSH is distributed.
Gnoland is a scalable blockchain, currently in its very early days, that we believe will attract millions of developers to deploy innovative applications and accelerate the Internet's transition to Web3.
When it comes to Ganland, it's important to mention the great Jae Kwon, co-founder of Cosmos and Tendermint, who has been designing Gnoland's new blockchain since 2020, which aims to create a decentralized, secure and scalable smart contract platform for people to create important applications, especially for censorship . Optimize the consensus process between validators, the integrity of the smart contract language and the sustainability of token economics. Gnoland uses a new language called Gnolang, which is an offshoot of Golang. Golang has significant advantages over other languages when dealing with concurrency.
On the other hand, Gnoland is looking to adopt a dual token model similar to the original idea of Cosmos, where the "cost utility" is stripped from the governance token. gnoland's primary token is $GNOT (Gno token), which is typically used with ugnot on-chain units. The first use case for the token will be to pay transaction fees and reward verifiers.
Since Gnoland is still in the beta network, the tokens are not yet live, but there have been some token distributions in the origins of the new test2 beta network. Token distribution is still ongoing and may change before the main network is launched.
Another token called $GNOSH (Gno Shares) will be used to reward contributors with a mechanism called Proof of Contribution, which is still being defined. The $GNOSH will be obtained through a bounty and distributed to contributors. Transaction fees will be distributed between the verifier and the $GNOSH holder. The more $GNOSH you earn, the larger your percentage of the contributor pool. While contributors will not lose $GNOSH, they will be diluted each time a new $GNOSH is distributed.
Gnoland is a scalable blockchain, currently in its very early days, that we believe will attract millions of developers to deploy innovative applications and accelerate the Internet's transition to Web3.
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