GateChain is a novel next-generation public blockchain, focused on onchain asset safety and decentralized trading. With a uniquely designed Vault Account and its functions for handling abnormal transactions, GateChain presents a never before seen clearing mechanism, tackling the challenging problems of asset theft and private key loss. Decentralized trading and cross-chain transfers will also be supported alongside other core features.
GateChain focuses on on-chain asset safety and introduced the following novel concepts: Normal Account, Vault Account, Retrieval Account, Clearing Height, Revocable Delay Period, Address Type, Transaction Type.