Gnosis Chain serves as a foundational layer for decentralized apps, operating as a blockchain. The creation of Gnosis was spearheaded by Martin Köppelmann and Stefan George, with its introduction to the market occurring in 2015.Transaction processing is carried out by validators who, in turn, are compensated through fees provided by users (fees from the supply side).Ownership and control over the protocol are in the hands of GNO token holders. At present, they receive a portion of the aggregate fees users pay for transactions (earnings).
