Description
GoNetwork is a technology company focused on solving the scalability and cost issues of the Ethereum blockchain by developing a mobile-first network infrastructure. It utilizes off-chain technologies, specifically state channels, to facilitate fast, low-cost, and low-latency transactions for ERC20 tokens. The solution aims to make Ethereum transactions significantly cheaper than on-chain transactions. The primary objective is to build a fast and cheap infrastructure layer targeting the mobile economy and commerce market, with the ultimate vision of bringing cryptocurrency to the masses. The project's native token is the GoToken (GOT), an ERC20 token.