Introduction

What is GateChain?

GateChain is a next-generation public blockchain, focused on onchain asset safety and decentralized trading. With a uniquely designed Vault Account, primed for handling abnormal transactions, GateChain presents an extraordinary clearing mechanism, tackling the challenges of asset theft and private key loss. Decentralized trading and cross-chain transfers will also be supported, alongside other core features.

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Safety

Unique account architecture

Fund Recovery

Revocable Transaction Model and Clearing Mechanism

Proof of Stake

Become a Consensus or a Delegator account and mine GT ensuring the underlying health of the ecosystem!

High-Throughput

4 second Block Time, 2000 TPS

Decentralised Exchange

Real time order placing, high performance matching engines

Cross Chain

Easy token swaps and liquidity mining

Ecosystem

GateChain focuses on on-chain asset safety for both individuals and enterprises

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2019 Q2

Gt Distribution

2019 Q3

Testnet

2019 Q4

Mainnet

2019 Q4

Decentralized exchange

2020

Network optimization, safe accounts transaction optimization, safe accounts multi-sign transactions, anonymity

gate.io

gate.io

wallet.io

wallet.io
GateChain is a next-generation public blockchain, focused on onchain asset safety and decentralized trading. With a uniquely designed Vault Account, primed for handling abnormal transactions, GateChain presents an extraordinary clearing mechanism, tackling the challenges of asset theft and private key loss.
GateToken (GT) is the native currency of GateChain's ecosystem. It is used to pay for transaction fees on GateChain’s network and also serves as the PoS staking reward. It is essential to GateChain's functions.
Total supply is 1 Billion GT, linear release in 10 years following a 12 month lock.
Rewards: 300 million.
Development: 200 million.
Marketing: 100 million.
Ecosystem Growth: 200 million.
PoS Consensus: 200 million, 2.5% average annual inflation rate.
With a uniquely designed Vault Account and its functions for handling abnormal transactions, GateChain presents a never before seen clearing mechanism, tackling the challenging problems of asset theft and private key loss. Decentralized trading and cross-chain transfers enrich GateChain’s ecosystem. The following novel concepts were introduced:
Normal Account
Vault Account
Retrieval Account
Clearing Height
Revocable Delay Period
Address Type
Transaction Type.
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