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Golos

Golos

About Golos

Golos is an application on CyberWay with the same block history as Golos chain prior to 15 August 2019.

Launched on 18 Oct 2016 as a fork of the Steem blockchain, Golos describes itself as a social media blockchain that allows its users to receive rewards for generating content and social activity on its decentralized platform. It was designed as an economic game with certain elements of gamification, where each participant’s influence is determined by his Golos power and the intensity of its usage.

Initially, Golos blockchain was conceived as a social network for journalists and bloggers of Runet, as an independent blogosphere and mass medium without censorship. The Golos blockchain uses the DPOS consensus algorithm proposed by Dan Larimer, which reportedly provides high transaction speeds and network bandwidth. Golos blockchain code is based on Graphene 2 codebase.

How do I buy cryptocurrency?

While some cryptocurrencies, including bitcoin, are available for purchase with U.S. dollars, others require that you pay with bitcoin or another cryptocurrency.

To buy cryptocurrencies, you’ll need a “wallet,” an online app that can hold your currency. Generally, you create an account on an exchange, and then you can transfer real money to buy cryptocurrencies such as bitcoin or ethereum.

Coinbase is one popular cryptocurrency trading exchange where you can create both a wallet and buy and sell bitcoin and other cryptocurrencies.

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