A highly scalable, low cost mobile first network infrastructure for Ethereum
According to Anderson Horwitz’s presentation cited by Forbes, “mobile is eating the world.”1 Cryptocurrencies have served limited utility in the real world to date. By our estimation, the adoption of cryptocurrencies by consumer masses hinges on improving transaction latency and providing accessibility to blockchains via mobile platforms. The GoNetwork platform (“GoNetwork”) is being designed and built by the Company (as defined in the definition section below). The generation and sale of GoTokens (as defined below) is being conducted by the Token Generator (as defined in the definition section below). The Company and the Token Generator are separate legal entities. For the purposes of this whitepaper (this “Whitepaper”), the term "GoNetwork Parties" includes both the Company and the Token Generator and is further defined in the definition section below. There are many exceptional communities, such as Plasma or Raiden, developing tools to overcome scalability limits on blockchains for desktop platforms, however GoNetwork's contributions address problems related to scalability on mobile platforms through supporting state channel transfers to mobile platforms.