Geeq

What is Geeq

Geeq's objective is to take public blockchain to the next level. We propose a new blockchain consensus protocol called Proof of Honesty (PoH) that looks to users as the ultimate source of authority and truth instead of allowing that power to reside with the nodes on the validation network. Proof of Honesty is 99% Byzantine Fault Tolerant (BFT) and gives Geeq Strategically Provable Security (SPS), a guarantee based in noncooperative game theory. In contrast, blockchains using Proof of Work (PoW), Proof of Authority (PoA), Proof of Stake (PoS) can only offer between 33% or 50% BFT. This is simply not good enough if blockchains are to be trusted with critical infrastructure, personal and financial data, stock exchanges, or public records. It is even less acceptable if we view blockchain as a foundation for protecting freedom and privacy.

Geeq's interoperable, multi-chain architecture allows geeqchains to be customized and optimized for a wide variety of use cases. Geeqchains include a flexible application layer that can be designed to follow almost any business logic and have its own native tokens and data types. Native tokens and data can be shared with affiliated geeqchain instances or kept on the instance where they originated. Geeq's validation layer is entirely separate from the application layer, and each geeqchain instance has its own independent validation network.

Let’s begin by describing what Geeq is. An instance of a geeqchain is any blockchain that uses Geeq’s validation protocols and architecture. The set of all instances collectively form an ecosystem of separate but interoperable blockchains that make up the Geeq Platform. Each geeqchain extends from its own genesis block created by Geeq which guarantees the integrity of security of the instance.