🛰️Networks Specification
Gitshock’s Neware Chain
Main Network
Neware Chain is the name of Gitshock’s blockchain platform which will be run on Cosmos Inter Connection Blockchains. Neware chains are created using the latest module of Cosmos Blockchain Application Standard which involves; bank module, staking, etc. The Neware blockchain will have some features such as; a validator program, stake drop, interoperability among chains, and secured by numbers of validators (stakers).
Neware Testnet Networks
Testnet (test networks) are aimed to test the security and resilience of a network. By running a testnet phase, participants will be rewarded an amount of GTFX tokens from the testnet pool (7% of 650 M GTFX <4,55 M>). The participants are required to run the network’s transaction validations by running a network node from their device with recommended specifications (4 Core CPU, 8 Gb Ram and 100 Gb SSD. Neware Chain on Cosmos will have three main testnet phases to ensure the security of the main network. They are Arnhemia, Batavia, Cartenz,. The phases are described as below;
Arnhemia
Arnhemia is the first testnet phase of Gitshock’s Neware Chain. This phase will open for 500 participants. The reward pool for this phase is 33.3% of all testnet pools <1.516 M GTFX>.
Batavia
Batavia is the second testnet phase of Gitshock’s Neware Chain. This phase will open for 250 participants. The reward pool for this phase is 33.3% of all testnet pools <1.516 M GTFX>.
Cartenz
Cartenz is the final testnet phase of Gitshock’s Neware Chain. This phase will open for only 100 participants. The reward pool for this phase is 33.3% of all testnet pools <1.516 M GTFX>.
Neware chain will be using Cosmwasm smart contract platform for Cosmos Ecosystem. This allows Smart Contract building with a format of CW20 for Cosmos blockchain based fungible tokens. Cosmwasm supports will allow Neware Chain to develop smart contract ecosystem, without adjusting existing logic. The key features that will be beneficial as we use Cosm wasm are: Integration wish cosmos SDK and Cosmos Ecosystem Test and deploy the smart contracts IBC integration from one chain to another.
Gitshock Mainnet
Gitshock Mainnet is an EVM version of Gitshock Network which is created using an open source client from Hyperledger Besu combined with Polygon edge. Hyperledger Besu is an Ethereum client designed to be enterprise-friendly for both public and private permissioned network use cases, and Polygon edge is a module that enables you to run your own blockchain network with customizable features.
Gitshock Mainnet uses Hyperledger Besu for public network service which includes Proof of Authority combined with the support of Polygon Edge’s Proof of Stake. Since Hyperledger besu doesn’t support PoS yet in response to Ethereum Merge, we initiate the integration of Hyperledger with Polygon PoS consensus model by node porting. This allows Gitshock Chain to implement PoS on the Hyperledger Besu client. This combination also allows users to securely transact under the assistance of manageable and safe validators which includes several validators layers. The formation of validators ensures the security of the network.
The Proposed Specification of Gitshock’s EVM is described as follow:
Chain ID | 212 |
Server | |
Explorer address | |
Block Time | 3 seconds |
Transactions/ second | 200 tx/s |
Gas fee | 20-35 GWEI |
Latency | 2-5 |
Validators | >4 |
Neware chain will be using Cosmwasm smart contract platform for Cosmos Ecosystem. This allows Smart Contract building with a format of CW20 for Cosmos blockchain based fungible tokens. Cosmwasm supports will allow Neware Chain to develop smart contract ecosystem, without adjusting existing logic. The key features that will be beneficial as we use Cosm wasm are:
Integration wish cosmos SDK and Cosmos Ecosystem
Test and deploy the smart contracts
IBC integration from one chain to another.
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