The GORKI token has two primary utilities. Firstly, GORKI is used for computational access for running smart contracts. Secondly, GORKI can be staked in the permission-less Gorki Network for consensus purposes.
How many GORKI tokens are there in circulation?
Currently there are no tokens for sale on exchanges.
How is the Gorki network secured?
Gorki blockchain utilizes a proof-of-stake consensus mechanism. The GORKI governance token supports the platform's security, growth, and development by enabling GORKI holders to stake the asset in support of Gorki Validators, vote on proposed changes or additions to the core technology by community members, and engage directly with dapps on the Gorki Platform. Validators play a crucial role in participating in the consensus mechanism of the Gorki Platform. They aid in securing the network and act autonomously to verify transactions and propose blocks to be added to the blockchain.
What is Gorki
Gorki is a layer-1 blockchain platform that supports decentralization, on-chain data storage, security, economics, and scaling requirements of Web3. Its programming language Rholang allows for executing concurrent smart contracts on-chain.
What makes Gorki unique
Gorki is a layer-1 blockchain that enables concurrent execution of smart-contracts. All consensus decisions are computed locally on its directed acyclic graph (DAG), minimizing the amount of network messages.