What Is GateChain?

GateChain is a public blockchain which facilitates digital asset transfers, and claims to be “dedicated to asset safety.” The network’s native token is GateToken (GT). It’s mainly used to pay transaction fees, but users can also stake it to validate transactions and secure the network in exchange for rewards. GateChain offers an on-chain wallet for users to manage their digital assets directly on the network itself, thereby eliminating the need for a third-party wallet. It’s also fully integrated with the Ethereum Virtual Machine (EVM), making it easy to deploy Ethereum-based smart contracts on the platform.

Who Are the Founders of GateChain?

GateChain was launched by Gate.io, a global crypto exchange, in 2018. The company is based in Zurich, Switzerland, and was founded by Thomas Kofler and Wassilios Lytras, according to Crunchbase.

What Makes GateChain Unique?

GateChain boasts a block time of just 4 seconds and can achieve up to 2,745 transactions per second (TPS), while offering low gas fees of as little as $0.0001 per transaction. Developers can create and deploy their own smart contracts on the GateChain network, which provides a vast array of potential use cases. To encourage developers to migrate their Ethereum dApps to GateChain, GateChain introduced an 'EVM account' type and expanded the account system. The platform also supports Ethereum's 0x address, which allows users to run their assets on both networks using the same address without having to create a new account on GateChain.

How Many GateTokens (GT) Are There in Circulation?

There are 97,810,057 GT tokens circulating as of June 2023. The maximum supply is 300,000,000.

How Is the GateChain Network Secured?

GateChain is secured by a proof-of-stake algorithm. Users can stake their GT tokens and become validators responsible for security of the network and process transactions in exchange for a share of the transaction fees, paid in GT tokens. The GateChain team also developed an on-chain safety account and customizable time-delay recovery features to offer users asset safety even if private keys are hacked.

Where Can You Buy GateTokens (GT)?

GateToken is listed on Gate.io, Huobi, LBank, Bitfinex and more. Want to keep track of GT live prices? Download the CMC mobile app.

What tools does Nimbus offer for effortlessly monitoring GateToken?

Nimbus provides a user-friendly tracking solution equipped with intuitive tools to monitor GateToken effortlessly. These tools are specifically designed for user convenience, allowing individuals to stay seamlessly updated on the latest trends, prices, and information related to GateToken. Users can also explore the world of cryptocurrency effortlessly while simultaneously tracking GateToken prices. The platform also offers insights into profit and loss, providing a comprehensive experience without the complexity typically associated with monitoring cryptocurrencies.

How does Nimbus enable tracking GateToken prices with profit and loss?

Nimbus facilitates the tracking of GateToken prices with profit and loss through seamless integration with your crypto wallet for portfolio monitoring. By connecting with your crypto wallet, Nimbus provides a clear and comprehensive overview of various metrics, including profits, losses, revenue, expenses, return on investment (ROI), and other essential financial indicators. This integration ensures that users can analyze their cryptocurrency portfolio with precision, gaining valuable insights into their financial performance. With Nimbus, users can navigate the cryptocurrency landscape with a perfect blend of simplicity and sophistication, enhancing their ability to make informed investment decisions.

How does Nimbus analyze GateToken, and what insights does it provide?

Certainly! Nimbus possesses a robust analysis tool that is adept at evaluating and interpreting GateToken . The tool employs diverse strategies, including delving into metadata details, tracking marketplace data, and calculating performance metrics such as Return on Investment (ROI). Through these methodologies, Nimbus provides users with valuable insights into the composition and performance of their GateToken. Users can gain a comprehensive understanding of their investment. The analysis tool ensures that users are equipped with the necessary information to navigate the cryptocurrency landscape with confidence and intelligence.

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GT Market Statistics

  • Price USD

    $8.05
  • Market Cap

    $750,457,113.88
  • Total Volume USD

    $3,488,377.15
  • Total Supply

    300,000,000.00 GT
  • Circulating Supply

    93,227,222.30 GT
  • Fully Diluted Market Cap

    $2,414,929,122.76
  • Socials

  • Official links

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