Galxe: Will launch the full-chain abstraction Layer1 Gravity
Galxe announced on social media that it is about to launch the Layer1 blockchain Gravity, specifically designed for a full-chain experience and full-chain abstraction. It will integrate its core products such as Quest, Compass, Passport, Score, Alva and Galxe identity protocol into the Gravity chain.
It is reported that Gravity integrates the fastest execution layer Reth and the most advanced consensus algorithm Jolteon (AptosBFT). These technologies together provide high throughput and near-instant finality. Gravity will be fully compatible with EVM, allowing developers to seamlessly deploy and interact with smart contracts. In addition, Gravity's proof of stake will be driven by native G token staking and re-staking protocols including Babylon and EigenLayer.
The launch of Gravity will proceed in two key stages: The Gravity Alpha Mainnet is set to go live in June 2024 supported by Arbitrum Nitro technology stack; In Q2 2025, Galxe plans to roll out the Gravity Mainnet - a PoS Layer 1 blockchain powered by re-staking mechanism with Reth serving as its EVM execution engine.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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