Galxe Unveils Gravity: A Revolutionary Omnichain Smart Contract Platform
Introducing Gravity
Galxe, a leader in onchain distribution, has announced the launch of Gravity, a revolutionary Layer 1 omnichain smart contract platform. This cutting-edge platform is set to enhance how users and developers engage with web3 by addressing the limitations of current cross-chain solutions. Gravity is built for mass adoption, offering a full-chain abstraction that simplifies technical complexities. It integrates advanced technologies like Zero-Knowledge Proofs and state-of-the-art consensus mechanisms to ensure high performance, security, and cost efficiency.
Seamless Integration
Gravity will be integrated within Galxe's existing products, including Quest, Compass, Passport, Score, Alva, and the Galxe Identity Protocol. With the capacity to support 100 million transactions monthly, Gravity surpasses Ethereum's capabilities, providing a seamless solution for web3 interactions. This integration grants developers access to Galxe's extensive user base, enhancing their ability to attract and retain users. It simplifies multi-chain asset management, cross-chain transaction settlements, and user-friendly processes, shielding users from underlying complexities.
Key Features of Gravity
Cross-Chain Transactions
Gravity enables developers to define and settle transactions across multiple blockchains, enhancing efficiency and security.
Efficient Verification
Gravity supports cost-effective Zero-Knowledge Proof (ZKP) verification, ensuring economic and secure transactions.
Enhanced User Experience
By introducing cryptographic primitives like the secp256r1 curve, Gravity enhances user experience with cost-effective passkey authentication for Account Abstraction wallets.
High-Performance Execution
Integrating the Reth execution layer and the Jolteon consensus algorithm, Gravity ensures high throughput and near-instant finality.
Secure and Robust PoS Mechanism
Gravity's Proof-of-Stake mechanism combines G token native staking with protocols like Babylon and EigenLayer, incentivizing a community to safeguard the Gravity chain.
EVM Compatibility
Gravity's full EVM compatibility allows developers to deploy and interact with smart contracts seamlessly.
Gravity Rollout
The rollout of Gravity will occur in two phases. The Gravity Alpha Mainnet, utilizing the Arbitrum Nitro stack, will launch in June 2024. This phase underscores Galxe's commitment to transparency by testing cross-chain settlement in a public ledger environment. The Gravity Mainnet, featuring a restaking-powered PoS Layer 1 blockchain with Reth as its EVM execution engine, will follow in Q2 2025.
About Galxe
Galxe is a decentralized super app and the largest onchain distribution platform in web3, offering seamless experiences through AI, digital identity, and blockchain technologies. With its robust infrastructure, Galxe empowers users to explore web3 effortlessly and facilitates developers in tapping into its vast user base, propelling the web3 revolution forward.
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