What is Gate ?GateChain is a cutting-edge public blockchain that is dedicated to providing a secure, decentralized, and reliable platform for blockchain asset safety and decentralized trading. With its unique Vault Account, GateChain aims to tackle the increasing problems of asset theft and private key loss. It also enables users to trade and transfer assets across multiple blockchains.
GateChain offers a comprehensive suite of features to make the user experience as seamless as possible. Its Vault Account allows users to store their assets in a secure and tamper-proof environment, while the GateChain X EVM provides the necessary infrastructure for decentralized applications (dApps) and smart contracts. In addition, the GateChain 2.0 Defi Ecosystem provides users with access to the hottest DeFi products.
The GateChain consensus protocol is based on the delegated Proof of Stake (dPoS) consensus, which is designed to provide a high level of security and efficiency. The consensus model also ensures that the network remains secure and reliable, even in the event of a 51% attack.
Furthermore, GateChain has recently launched a Mainnet Upgrade V1.1.5, which introduces a number of improvements and optimizations to the network. This includes the implementation of new trading and settlement systems, a Gas model upgrade, and an upgrade to the Defi Ecosystem.
GateChain has also launched a number of partnerships with leading blockchain projects, including Solana, Terra, and Ethereum. These partnerships allow users to access the hottest DeFi products and benefit from cross-chain transactions and interoperability.
Overall, GateChain is an innovative and secure blockchain that offers users a safe and reliable platform for trading and transferring assets, as well as a comprehensive suite of features and partnerships. With the recent Mainnet Upgrade V1.1.5, GateChain has taken a major step towards becoming one of the leading blockchain platforms in the world.
This article was published on 2023-01-29 by Marc Endevor. Information shown in this article was gathered from the project’s website and Twitter account. Coinvestigate cannot guarantee the accuracy of this information, or any news that may have impacted the project in the meantime.
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What is the price & marketcap of Gate?
Gate is a cryptocurrency with a price of $ 5.12 and marketcap of $ 721,605,787. Gate’s market price has increased 0.62% in the last 24 hours. It ranks 65 amongst all cryptocurrencies with daily volume of $ 566,380.
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