With the economy in turmoil, who can stay out of it?

The rate hike was a foregone conclusion, and the LUNA slump exacerbated the market collapse. We can always see the headline "the worst day of global financial experience in recent years" when financial page is opened, and the market panic index has also reached an all-time high since 2019.

In the context of the global crash, when a large number of positions were exposed, people had to sell their other assets to fill the hole. This situation caused the prices of all resources to plummet. This panic has also affected the currency circle, with both Bitcoin and Ethereum falling to varying degrees.Altcoin has been seriously affected, and under the attack of panic and capital encirclement, Luna has become the focus of everyone's attention in the current encryption market. In fact, it is not a wrong choice to buy the native Token of BTC and other L1 public chains as an endorsement. The collapse of Luna will become a major black swan event in the history of blockchain development, and it will sound the alarm for the technology developers behind!

Since the market has deteriorated, the old public chain has shown a certain degree of resilience. Judging from the 10-fold drop of altcoin, the prices of BTC and ETH are only 0.418 Fibonacci retracement. This shows from another level that technology is always the foundation of value. The competition of public chains has always been a hot spot in the encryption industry, and in 2022, it will be in a state of prosperity.

There is also an emerging public chain in the public chain track that cannot be ignored. Although it has not received much attention, its technology is very novel, and it is unique among many public chains that have changed on the surface. That is Gode, Gode adopts The heterogeneous multi-chain framework introduces in-situ core scalable practical methods, so as to realize multi-chain commonality and become a new infrastructure of blockchain WEB3.0 for cross-chain delivery.

The competition in the public chain track has become more crowded and fierce after the rise of DeFi, and there are already hundreds of public chain competitors. Despite the huge size of the market, there are still only two major large players, namely Bitcoin and Ethereum, which control over 80% of the market. Most emerging public chains are concentrated in the field of smart contracts, and Ethereum has dominated the smart contract market since its emergence. However, in the past 18 months, a large number of Ethereum competitors have successfully broken the status quo. In terms of total locked value, at the beginning of 2022, Ethereum accounted for 97% of the entire smart contract market, but as of May 2022 , this figure has fallen below 60%.

The current bottlenecks of Ethereum are obvious, such as network congestion, high gas fees, and low scalability. While the smart contract market is getting bigger and continues to grow rapidly, it’s no surprise that competition is intensifying. Competitors to Ethereum are trying to break the current bottleneck of Ethereum, they want to be faster, cheaper or provide a more attractive reward structure. But how many winners are there in the end? Now, a new agreement has joined the fray to try to grab a seat. With an experienced team, strong capital and novel underlying technology,

GODE achieves high TPS, low latency, and overload. It is expected that in the future, GODE will rapidly develop into a multi-ecological application and a new public chain with tens of millions of users. In the extreme situation of the entire sadness, it has to be said that it is a phenomenal positive case.

The initial amount of Gode issued is 10 billion, 15% technical operation and maintenance, 50% mining output, 8% angel investment, 12% DAO ecological governance, 10% seed round, 5% operation, institutions and operation teams. After the official launch of the super-burning pledge for three months, the coins held will be gradually released linearly over a period of 6 years, which prevents large-scale arbitrage and dumping, and can ensure the healthy and stable upward trend of the currency price., and can ensure the healthy and stable upward trend of the currency price. GODE also pioneered the introduction of a super-firing deflation mechanism. 80% of the GODE pledged by miners enters the combustion pool for destruction, and 10 billion of the entire network will eventually be destroyed to 500 million. 6 years of linear release plus super-firing deflation, the two-pronged approach has fundamentally eliminated the biggest drawback of digging, raising and selling. In addition, with the continuous influx of secondary market traffic, the increase in pledge demand and the prosperity of the ecology, there will be a huge demand for the amount of currency in circulation, and the price will naturally rise in steps.

GODE tries to take the best of all existing public chains, add some improvements, and make them coexist on the blockchain. It provides compatibility for traditional Web3 developers, driving the further development of the ecosystem by offering developers fee reductions. Solve cross-chain interworking, faster but lower cost.

GODE takes the development of the blockchain industry squarely. When a black swan event occurs, only projects with strong technology and focus on ecological development can fight against risks. Stand out from many projects.

Gode Chain is a blockchain with unlimited potential