Golos is a website. Golos website is based on the media blockchain resource Golos. Golos is run on graphene technology. Golos is very similar to Steemit. But Golos is also slightly different from Steemit. GOLOS is a cryptocurrency token which is used to pay a reward to participants, participating with posts, comments and other forms of participation. It is a community appreciation, which proves to be reward in itself.
Golos is a word in Russian language. Golos means Voice in Russian. Golos is the official and once licensed fork of the Steemit network. This license to Golos was opened to public by Steem.
The present value of Golos development fund is approximately 2 million US dollars. This fund consists of GOLOS token and Bitcoin. Golos is basically divided in to three different organisations.
Every Golos organisation has its unique model of business and the needed resources to fulfil their targets of tasks.
Golos is presently undergoing a very big transformation. It is expected that in very near future, Golos ecosystem will be able to cover maximum number of social applications those are very well known. Golos will also transform in to as a smart contract platform that remains fully functional. Golos will develop and implement a more effective algorithm which would be operable with more hybrid consensus. Golos will also make a rise of the chain capitalisation amounting to one million US dollars. The peering network will become decentralised. It will be decentralised to 300 well motivated nodes. Golos will also provide accessibility of Golos blockchain to private installations. Golos plans to have between 300 to 500 domains within the ecosystem of Golos.
A post from Matrixdweller said that Golos is the most undervalued cryptocurrency. Golos is not just a get rich scheme for limited number of people. The Russians decided to link their social currency to gold, instead of US dollars, because gold is more stable than US dollars. Golos is going through huge changes towards a better future.
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