GateChain

Developed by the Gate.io centralized cryptocurrency exchange, GateChain is an EVM-compatible blockchain. GateChain is a public blockchain dedicated to building an enterprise-level, secure and efficient ecosystem for digital asset storage, distribution, and trading.

To keep the network secure, GateChain uses the Proof-of-Stake (PoS) consensus. Additionally, the Proof-of-Stake method guarantees GateChain's decentralization.

Regarding transactions, GateChain has a high transaction speed and can execute 2,745 transactions per second. Plus, transaction fees are very cheap and cost only $0.0001 per transaction.

Shared accounts – GateChain leverages multi-sig technology to enable users to share accounts with others. This feature is particularly useful for DAOs and other businesses.

To power the ecosystem, GateChain has a native cryptocurrency called Gatetoken (GT). It is used to pay for transaction fees on GateChain’s network if users want to send and/or receive GateTokens GT on their crypto wallet, or interact with Decentralized Applications (dApps). It also serves as a Proof of Stake staking reward. Gatetoken is also available on the Ethereum (ETH) and Solana (SOL) blockchains.