An Ethereum-compatible blockchain secured by proof of stake, designed for low-cost transactions and used for payments, governance tooling, and application deployment.
Semantic Classification
Content
- Gnosis Chain is a network compatible with the Ethereum Virtual Machine and secured by a proof-of-stake validator set. It targets low and predictable fees, which makes it suitable for frequent transactions such as payments and community governance operations.
- The chain runs the same contract tooling as Ethereum, allowing applications to be deployed with minimal change, and is associated with the Gnosis ecosystem including the Gnosis Safe multi-signature wallet. It uses a stable-value token for transaction fees to keep costs steady relative to volatile native assets.