Genesis Blockchain, the World's First Cross-Border Public Dividend Chain

GS blockchain, the world’s first cross-border public dividend chain, officially unveiled. GS blockchain is jointly initiated by Yahoo, genesis. X laboratory, TELUS security laboratory, etc., and promoted by the core members of the transnational joint technological innovation laboratory from Silicon Valley. GS is committed to building a point-to-point trading mode without borders, and creating a larger network and more efficient trading system.

Technical features of GS blockchain
GS blockchain took the lead in proposing the basic platform of the distributed chain network system. In addition to the distributed ledger framework of GS blockchain itself, it provides support of the implementation of blockchain systems under different governance modes, besides, it is capable to cooperate with different chains from diversed business fields and regions through various protocols of GS blockchain, and is able to form cross-chains and cross-links of various heterogeneous blockchains and traditional information systems-crossing system interaction mapping. Therefore, GS blockchain innovatively proposes a matrix three-dimensional grid architecture - Super fusion chain network structure.

GS blockchain provides fault tolerance for the consensus system composed of N consensus nodes. This fault tolerance includes both security and availability. It can resist general faults and Byzantine faults, and is suitable for any network environment.

At the same time, GS blockchain is committed to implementing global decentralized and ownerless digital technology computers to execute point-to-point contracts. Generally speaking, GS is a world computer that you can’t turn off. The combination of encryption architecture and turing’s complete innovation establishes the most feasible tool that can use blockchain technology to execute smart contracts, which will promote the emergence of a large number of new industries. This innovation eliminates the third-party role in censorship, fraud and online cooperation. Compared with ETH, the representative work of blockchain 2.0, GS is equipped with a higher scalability, faster transaction processing speed, more stable and long-term operation of all nodes, stronger security protection, more reasonable transaction cost mechanism and with a perfect business model. These innovative and excellent indicators will enable GS to truly practice the efficient operation in the fields of Decentralized Application (DAPP), Decentralized Finance (defi), Non-Fungible Token (NFT), etc.

Business Model - Consumption Mining
• An acquirement of computing powers through the process of consuming —— Computing powers could mine tokens —— Tokens distribute dividends;
• Provide huge consumption flow for online and offline shopping malls, with a more authentic evaluation information, more transparent product information, safer shopping process and more credible business behavior;
• Based on the operation concept of "consumption means investment and transaction means dividend", GS changes the buyer-seller relationship, promote the deeper integration between the buyer and the seller, and creating a more sustainable consumption viscosity;
• Ensure that consumers can achieve a more cost-effective consumption experience , discounts and rebates, with more tangible benefits and diversified rights and interests, which turns out a realization of consumption profits;
• A Dual-token mechanism of "pledge + redemption" , with a dividend token as a value carrier and a consumption token as the consumption medium, which leads to a deep integration of the real economy and token economy;
•Promoters of ecological construction is expected to win an instant rewards and as well long-term ecological benefits. Furthermore, GS link a wider range of consumer groups for various industries.

To sum up, GS blockchain represents the integrator of business 4.0 + technology 4.0, exploring global decentralized and ownerless digital technology, and is designated to opening up a new business era called the blockchain 3.0!