geeblock
  • Gee block
    • Summary
      • Problem Recognition and Solution
      • Technical Highlights
      • Impact on the Blockchain Industry
      • Ecosystem Evolution and Roadmap
      • Role of $GEE in the Network
      • Expectations for Network Value Growth
    • Market Challenge
      • Scalability Limitations
      • Fee burden
      • Lack of Real-World Applications
      • Security Concerns and Data Privacy
    • Attempts
      • Ethereum with Layer 2 Solutions
      • Solana’s High-Throughput Approach
      • Polkadot’s Interoperable Parachains
    • Gee Solution
      • Goals and Principles
      • Key Structural Properties
      • Overview of Document Structure
      • Nomenclature and System Identity
    • Page
    • Consensus mechanism
      • Background: Rethinking Consensus for Decentralized Systems
      • Gee Consensus: A Hybrid Model for Scalability and Security
      • How Gee Consensus Works
      • Ensuring Consistency and Security
      • Benefits of the Gee Consensus Engine
    • Triple-chain architecture
      • Contract Chain (C-Chain)
      • Platform Chain (P-Chain)
      • Resource Chain (X-Chain)
      • Gee L1
      • Key Advantages of Gee L1
      • Creating Gee L1
      • Compensation Model
      • Key Network Parameters
      • Delegation and Validator Weight Limitations
    • Virtual machine s1
      • What is a Virtual Machine in Blockchain?
      • Why Use a VM on Gee?
      • How Do VMs Work in Gee?
      • Types of VMs in the Gee Primary Network
      • VM Development on Gee: Key Technologies and Compatibility
    • Virtual machine s2
      • Smart Contract Platform
      • Benefits for Developers
      • Benefits for Users and Businesses
      • Expanding the Gee Ecosystem and Industry-Specific Applications
    • Bootstrapping
      • Step 1: Connecting to Seed Anchors
      • Step 2: Network and State Discovery
      • Step 3: Becoming a Validator
    • Roadmap
      • Initial Phase (2024-2025)
      • Expansion Phase (2026-2027)
      • Long-Term Vision (2028+)
    • $GEE
      • Core Utility of $GEE
      • Issuance and Distribution of $GEE
      • Incentive and Reward Structures
      • Foundation Policies on $GEE Management
      • Additional $GEE Operational Policies
      • Long-Term Vision and Sustainability
    • Expectiation for network value growth
      • Expansion of the Core Ecosystem
      • Development and Attraction of High-Value Applications
      • Expansion of Strategic Alliances and Partnerships
      • Strengthening and Supporting the Community
      • Additional Activities to Promote Sustainable Growth
      • Expectations for $GEE’s Long-Term Value Growth
    • Optimization and future growth
      • Optimization Issues
      • Future Growth Challenges
      • Strategic Initiatives for Future-Proofing and Growth
    • Disclaimers
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  1. Gee block
  2. Gee Solution

Nomenclature and System Identity

The platform is officially known as Gee Block or the Gee Platform. It operates on an established release schedule, with each version identified by major and minor updates, as well as patches.

The first release, “Gee Island,” is labeled as version 1.0.0. Gee’s core consensus protocol family is known as the “Circle”, with specific instances named “Ensemble”. The platform’s native token, $GEE, is used for transactions, staking, and governance, making it a central asset in the Gee ecosystem.

By combining these properties, Gee establishes itself as a forward-looking, secure, and adaptable platform ready to support the next generation of decentralized applications. It emphasizes security, scalability, and interoperability in a decentralized framework, empowering users, developers, and businesses to harness the full potential of blockchain technology.

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Last updated 5 months ago