User:Dinoslh/sandbox

Gnosis (Blockchain)
Gnosis is a blockchain infrastructure provider built on Ethereum ecosystem. Gnosis operates as a decentralized autonomous organization (DAO), and uses its native token GNO as the DAO governance token. Gnosis team built several infrastructure tools to expand the use cases of Ethereum, including Safe, Conditional Tokens, Gnosis Auction and Zodiac. In 2021, xDAI chain, one of the earliest Ethereum side chain, and Gnosis DAO communities voted to merge their ecosystems to create the Gnosis Chain, a proof of stake blockchain. As of January 2023, Gnosis Chain has over 100,000 validators and is the third most decentralized blockchain after Bitcoin and Ethereum.

Founders of Gnosis
Martin Koppelmann and Stefan George launched Gnosis in 2015 as part of ConsenSys, an Ethereum venture incubation company. Gnosis was able to raise funds and become an independent company based in Gibraltar in April 2017. Gnosis presently employs over 50 people worldwide and has a key development core in Berlin at the Full Node co-working facility.

Gnosis Ecosystem
Gnosis is progressively constructing one of the most fascinating blockchain ecosystems. It is not a single product, but a suite of goods and technologies that attempt to "create new market mechanisms for decentralized finance". Gnosis is well-known in the Ethereum development community for its Gnosis Safe, an open-source multi-signature wallet that is utilized by many of the main Ethereum projects. With the launch of Gnosis Chain, CowSwap, and the continuous roll out of Gnosis Safe, Gnosis products are attempting to gain popularity with end-users rather than developers.

Gnosis xDAI Merge
In 2021, the Gnosis merged with xDAI, one of the first Ethereum side chain. This merger brought together the strengths of both platforms, with the Gnosis client product capabilities being complemented by xDAI's focus on stablecoin transactions. As a result of the merger, the Gnosis chain now has both GNO and xDAI tokens. The xDai and GnosisDAO communities voted to merge their flourishing ecosystems to become the Gnosis Chain, a completely neutral network available to all without privilege or bias. The Gnosis Chain is the execution-layer EVM chain associated with stable transactions. It makes use of the xDai token and has a diverse set of projects and users.

Gnosis Chain Merge
On Thursday December 08 at approximately 18:40 2022 UTC, Gnosis Chain merged as a proof of stake chain. The Merge enables Gnosis to replace the legacy Proof-of-Authority consensus (PoA) with the open and unpermissioned Beacon Chain Consensus. Gnosis to transitioned to a fully decentralized and permissionless Proof-of-Stake (PoS) network. With the merge, Gnosis went from being secured by 20 validators to over 100,000, making it the third most decentralized network behind Bitcoin and Ethereum.