Ethereum Gold Price

Ethereum Gold ($ETHG) is a decentralized application (DApp) and cryptocurrency project founded on the principles of enhancing the Ethereum framework. At its core, the project seeks to implement a novel multi-consensus mechanism that integrates Proof of Work (POW), Proof of Stake (POS), and Proof of Capacity (POC). This comprehensive approach promises to enhance the overall transaction capability, or transactions per second (TPS), while simultaneously upgrading the scalability of smart contracts.

The primary objective of Ethereum Gold is to foster a decentralized, more secure, and efficient public blockchain network. By building on the existing Ethereum architecture, Ethereum Gold aims to address the challenges associated with speed, scalability, and security that currently hinder many blockchain applications. Through this innovation, the project sets its sights on becoming a cornerstone of the web3 movement, promoting a more self-sovereign digital society.