ParkinGo GOT to Ampleforth AMPL Exchange

Crypto Pair Details: GOT to AMPL

ParkinGo GOT

GoNetwork is creating a highly scalable, low cost mobile first network infrastructure for Ethereum. The prime objective is to build a mobile first network for Ethereum ERC20 tokens that’s off chain. It is a fast, cheap and low latency infrastructure. A major concern with blockchain technology centers on speed and high cost of transactions. Transactions on blockchains like bitcoin are expensive and slow. With growing usage, Ethereum will fare no differently over time. GoNetworks solution solves this problem by allowing off-chain transactions. MASSIVE POTENTIAL GoNetwork is designed for the trillion dollar mobile economy and commerce market. GONETWORK MAKES ETHEREUM FAST State channels amortize the cost of transactions based on the number of off-chain transactions completed off-chain. Thus, in typical high-frequency workflows, the cost of transactions will be several orders of magnitude lower than running the transactions on Ethereum directly. INFRASTRUCTURE LAYER Our prime objective is to build a mobile first network for Ethereum ERC20 tokens thatтАЩs off chain. It is a fast, cheap and low latency infrastructure. MAKING TRANSACTIONS CHEAP A major concern with blockchain technology centers on high cost of transactions. GoNetworks solution solves this problem by allowing off-chain transactions.

Ampleforth AMPL

Ampleforth is a digital-asset-protocol for smart commodity-money. The smart commodity money with a unique elastic supply protocol. AMPL supply expands and contracts in response to it’s price deviating from a 1 USD target. Deviations result in a supply change of AMPLs once every 24 hours, increasing or decreasing the number of tokens in each holder’s wallet pro-rata. Ampleforth is the only asset in the world with this elastic supply property, and therefore has counter-cyclical trading pressure and is uncorrelated with other digital assets such as Bitcoin.

SOURCE: COINGECKO

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