Skip to content

Ecosystem

GateChain sets out to solve the very interesting and complex problems that emerged alongside blockchains, without compromising any decentralized aspects or advantages. The ecosystem comprises of the GateChain mainnet, GateChain DEX, GT, wallets, and more; forming an enterprise-grade decentralized ecosystem that can store, issue and trade digital assets efficiently and securely.

The main features of GateChain's ecosystem can be listed as follows:

  1. Transfers/Payments:Using a wallet or client-side Apps, users can send and receive GateTokens GT, as well as popular onchain assets.
  2. Asset Issuance:Users can issue their own tokens to digitalize and manage their assets. For more details, visit Asset Management.
  3. Multi-Signature: Multiple individuals can share ownership of an account, and customize its management, suitable for both enterprise and family demands. For more details, visit Multi-signature.
  4. Asset Safe Storage: With a uniquely designed vault account and a clearing mechanism, an account can be 100% secure with revoking/clearing functions countering abnormal transactions. For more details, visit Transaction Protection.
  5. PoS Consensus Mechanism: GT works as a stable incentive for users participating in staking, ensuring the underlying health and stability of the ecosystem.PoS Mining.

GateChain Blockchain

GateChain is a novel next-generation public blockchain, focused on onchain asset safety and decentralized trading. 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 will also be supported alongside other core features. GateChain focuses on on-chain asset safety and introduced the following novel concepts: Normal AccountVault AccountRetrieval AccountClearing HeightRevocable Delay Period、Address Type、Transaction Type.

GateToken

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.

GateChain Wallets

GateChain provides various wallet applications ranging from personal to professional use cases.

  • During the testnet phase, GateChain provided desktop wallets for Windows and Mac OS; professional users could also access and test the API.

  • During the mainnet phase, GateChain will provide a wider variety, to cater for every kind of necessity: {command-line interface wallet | mobile wallet (Android/iOS) | web wallet | multi-signature wallet | hardware wallet}