Key Features and How Gravity Works
The second section provides a detailed introduction to the key features of Gravity, including its EVM compatibility, high-performance execution layer, and user-oriented design features such as account abstraction and gas abstraction. This section explains how these features make Gravity a powerful and developer-friendly platform that simplifies cross-chain transactions and enhances the blockchain user experience.
Gravity: The Driver of the Whole Chain
In blockchain technology, achieving seamless interoperability and secure transactions between different networks has become crucial. As a Layer 1 blockchain platform, Gravity is specifically designed to address these challenges. Its main purpose is to simplify and ensure the security of cross-chain transactions, which is vital for the widespread adoption and functionality of decentralized applications (dApps) across blockchain ecosystems.
Simplified Cross-chain Trading
One of Gravity's core features is to achieve simple cross-chain interactions. Typically, operations on different blockchains involve complex and cumbersome processes, which may hinder the participation of developers and users. Gravity addresses this issue by providing a unified layer, making the flow of data and assets between different blockchains smoother. This not only enhances user experience but also expands the functionality of applications built on blockchain technology.
- Unified Protocol:Gravity introduces a set of standardized protocols to coordinate interactions between different blockchains. This unified approach reduces the complexity of multi-chain operations, allowing developers to focus on creating value without having to deal with technical details.
- Transaction Efficiency:By simplifying the process, Gravity significantly reduces the execution time and cost of cross-chain transactions. This efficiency is crucial for applications requiring real-time data exchange or financial transactions.
Zero-knowledge proof (ZKP)
The core of Gravity's security architecture is zero-knowledge proof, an advanced encryption technology that enables one party to prove to another that a statement is true without revealing any information other than the statement itself. This feature is crucial for privacy and security in transactions.
ZKP allows hiding key transaction details while still proving the validity of the transaction, making it particularly suitable for scenarios where competitors or third parties should not know the transaction details. By not exposing transaction information, ZKP reduces the risk of potential attacks, making cross-chain interactions safer and preventing fraud and hacking attacks. With the help of ZKP, Gravity can achieve trustless transactions, meaning that transactions can be securely executed without parties having to establish trust in advance. This functionality is crucial for establishing trust in decentralized systems.
Key Features of Gravity
Gravity's innovative blockchain technology is built around a series of key features designed to optimize performance, enhance usability, and ensure broad compatibility. These features make Gravity not only a blockchain platform, but also a comprehensive solution to address emerging challenges in the blockchain ecosystem.
EVM compatibility
Gravity is fully compatible with the Ethereum Virtual Machine (EVM) and supports Ethereum-based applications and smart contracts without any modifications. This compatibility is crucial for developers who want to take advantage of Gravity's advanced features without rewriting or redeploying existing applications. By maintaining EVM compatibility, Gravity ensures that existing Ethereum developers can easily transition to the Gravity platform or expand their applications. This strategy significantly lowers the entry barrier for new developers into the Gravity ecosystem and ensures the establishment of a rich development environment from the beginning.
High-performance Execution Layer
Gravity integrates the Reth execution layer, known for its high-speed transaction processing capabilities. The optimized execution layer ensures that Gravity can efficiently handle a large number of transactions and achieve near-instant finality. The core of Gravity's high-performance execution layer is the Jolteon consensus algorithm, which combines the advantages of classical consensus mechanisms and Nakamoto consensus, achieving a unique balance between speed, security, and decentralization.
Account Abstraction
Gravity uses account abstraction to simplify the user experience. This feature eliminates the complexity of traditional blockchain transactions, such as managing private keys and understanding transaction mechanisms. Through account abstraction, users can interact with Gravity and its applications in a way similar to traditional web experiences, making blockchain technology more user-friendly for non-technical users. Users can verify transactions through existing social media accounts or other user-friendly authentication methods, making interactions more intuitive.
Gas abstraction
Gravity's Gas abstraction further enhances the user experience, making the payment of transaction fees more flexible. Users do not need to hold a balance of native tokens to pay transaction fees; instead, these fees can be paid with the transferred tokens or sponsored by dApp developers or third parties. This feature is particularly useful in user acquisition and retention, as it eliminates the initial cost barrier that often hinders new users from participating in blockchain applications. Developers or enterprises can sponsor transaction fees to streamline the user experience and promote wider adoption.
Gravity Token (G Token)
Gravity, formerly known as Galxe, has reshaped its brand to further promote its vision of promoting blockchain interoperability and large-scale adoption. The rebranding from Galxe to Gravity marks a strategic shift aimed at strengthening its infrastructure to support more diversified blockchain interactions and emphasizing user-centric design to simplify the technical complexity of multi-chain operations.
After the brand reshaping, Gravity has integrated technologies such as zero-knowledge proof and advanced consensus mechanisms to enhance its capabilities as a Layer 1 blockchain, supporting high transaction throughput and diverse applications. The G token plays a key role in maintaining network security, supporting governance, and ensuring smooth user experience.
Total supply and distribution
Gravity (formerly known as Galxe) issued a total of 200 million GAL tokens. These tokens are allocated to multiple categories, including community treasury, team, marketing, foundation and growth supporters, each with a specific allocation plan to ensure long-term commitment and gradual release to the market.
Ownership Details
The GAL token is subject to multiple ownership contracts to ensure long-term consistency of incentives. These contracts include allocations for growing supporters, team and community treasuries, the details of which can be queried through blockchain browsers such as Etherscan to ensure transparency.
Governance
G token holders can participate in the governance of the Gravity network, including voting on proposals such as protocol upgrades, fee structure adjustments, and introduction of new features. By enabling token holders to participate in governance, Gravity ensures that network investors have a say in platform operations and future development. This approach aligns user interests with the long-term health and growth of the platform.
Staking
Staking G tokens is an important part of Gravity's Proof of Stake (PoS) consensus mechanism. Token holders can stake G tokens to become validators and directly participate in transaction processing and network security. Validators are incentivized with staking rewards, which are distributed in G token form and proportional to the amount and duration of the stake, to encourage longer and more extensive network participation.
Trading fees
In the Gravity network, G tokens are used to pay for transaction fees. This functionality ensures that validators are compensated for processing transactions and maintaining the network. Some transaction fees are destroyed in the form of G tokens, permanently removing them from circulation. This mechanism helps manage token supply and may increase token value as the network grows and usage increases.
Integration in the Gravity ecosystem
The integration of G tokens in the Gravity ecosystem is designed to facilitate healthy economic flow. When users use various applications and services on Gravity, they will use G tokens to perform transactions, participate in staking, and participate in governance.
Considering Gravity's focus on full-chain interoperability, G token is also designed to be seamlessly used on multiple blockchain networks. This feature allows G token holders to use their tokens on different platforms without the need for complex conversions or interactions with multiple cryptocurrencies. The various uses of G token are intended to keep the incentives of all network participants aligned, including users, developers, and validators. This consistency is crucial for the robust growth of the Gravity ecosystem, ensuring that all stakeholders are working towards the platform's common success.
Key Features and How Gravity Works
The second section provides a detailed introduction to the key features of Gravity, including its EVM compatibility, high-performance execution layer, and user-oriented design features such as account abstraction and gas abstraction. This section explains how these features make Gravity a powerful and developer-friendly platform that simplifies cross-chain transactions and enhances the blockchain user experience.
Gravity: The Driver of the Whole Chain
In blockchain technology, achieving seamless interoperability and secure transactions between different networks has become crucial. As a Layer 1 blockchain platform, Gravity is specifically designed to address these challenges. Its main purpose is to simplify and ensure the security of cross-chain transactions, which is vital for the widespread adoption and functionality of decentralized applications (dApps) across blockchain ecosystems.
Simplified Cross-chain Trading
One of Gravity's core features is to achieve simple cross-chain interactions. Typically, operations on different blockchains involve complex and cumbersome processes, which may hinder the participation of developers and users. Gravity addresses this issue by providing a unified layer, making the flow of data and assets between different blockchains smoother. This not only enhances user experience but also expands the functionality of applications built on blockchain technology.
- Unified Protocol:Gravity introduces a set of standardized protocols to coordinate interactions between different blockchains. This unified approach reduces the complexity of multi-chain operations, allowing developers to focus on creating value without having to deal with technical details.
- Transaction Efficiency:By simplifying the process, Gravity significantly reduces the execution time and cost of cross-chain transactions. This efficiency is crucial for applications requiring real-time data exchange or financial transactions.
Zero-knowledge proof (ZKP)
The core of Gravity's security architecture is zero-knowledge proof, an advanced encryption technology that enables one party to prove to another that a statement is true without revealing any information other than the statement itself. This feature is crucial for privacy and security in transactions.
ZKP allows hiding key transaction details while still proving the validity of the transaction, making it particularly suitable for scenarios where competitors or third parties should not know the transaction details. By not exposing transaction information, ZKP reduces the risk of potential attacks, making cross-chain interactions safer and preventing fraud and hacking attacks. With the help of ZKP, Gravity can achieve trustless transactions, meaning that transactions can be securely executed without parties having to establish trust in advance. This functionality is crucial for establishing trust in decentralized systems.
Key Features of Gravity
Gravity's innovative blockchain technology is built around a series of key features designed to optimize performance, enhance usability, and ensure broad compatibility. These features make Gravity not only a blockchain platform, but also a comprehensive solution to address emerging challenges in the blockchain ecosystem.
EVM compatibility
Gravity is fully compatible with the Ethereum Virtual Machine (EVM) and supports Ethereum-based applications and smart contracts without any modifications. This compatibility is crucial for developers who want to take advantage of Gravity's advanced features without rewriting or redeploying existing applications. By maintaining EVM compatibility, Gravity ensures that existing Ethereum developers can easily transition to the Gravity platform or expand their applications. This strategy significantly lowers the entry barrier for new developers into the Gravity ecosystem and ensures the establishment of a rich development environment from the beginning.
High-performance Execution Layer
Gravity integrates the Reth execution layer, known for its high-speed transaction processing capabilities. The optimized execution layer ensures that Gravity can efficiently handle a large number of transactions and achieve near-instant finality. The core of Gravity's high-performance execution layer is the Jolteon consensus algorithm, which combines the advantages of classical consensus mechanisms and Nakamoto consensus, achieving a unique balance between speed, security, and decentralization.
Account Abstraction
Gravity uses account abstraction to simplify the user experience. This feature eliminates the complexity of traditional blockchain transactions, such as managing private keys and understanding transaction mechanisms. Through account abstraction, users can interact with Gravity and its applications in a way similar to traditional web experiences, making blockchain technology more user-friendly for non-technical users. Users can verify transactions through existing social media accounts or other user-friendly authentication methods, making interactions more intuitive.
Gas abstraction
Gravity's Gas abstraction further enhances the user experience, making the payment of transaction fees more flexible. Users do not need to hold a balance of native tokens to pay transaction fees; instead, these fees can be paid with the transferred tokens or sponsored by dApp developers or third parties. This feature is particularly useful in user acquisition and retention, as it eliminates the initial cost barrier that often hinders new users from participating in blockchain applications. Developers or enterprises can sponsor transaction fees to streamline the user experience and promote wider adoption.
Gravity Token (G Token)
Gravity, formerly known as Galxe, has reshaped its brand to further promote its vision of promoting blockchain interoperability and large-scale adoption. The rebranding from Galxe to Gravity marks a strategic shift aimed at strengthening its infrastructure to support more diversified blockchain interactions and emphasizing user-centric design to simplify the technical complexity of multi-chain operations.
After the brand reshaping, Gravity has integrated technologies such as zero-knowledge proof and advanced consensus mechanisms to enhance its capabilities as a Layer 1 blockchain, supporting high transaction throughput and diverse applications. The G token plays a key role in maintaining network security, supporting governance, and ensuring smooth user experience.
Total supply and distribution
Gravity (formerly known as Galxe) issued a total of 200 million GAL tokens. These tokens are allocated to multiple categories, including community treasury, team, marketing, foundation and growth supporters, each with a specific allocation plan to ensure long-term commitment and gradual release to the market.
Ownership Details
The GAL token is subject to multiple ownership contracts to ensure long-term consistency of incentives. These contracts include allocations for growing supporters, team and community treasuries, the details of which can be queried through blockchain browsers such as Etherscan to ensure transparency.
Governance
G token holders can participate in the governance of the Gravity network, including voting on proposals such as protocol upgrades, fee structure adjustments, and introduction of new features. By enabling token holders to participate in governance, Gravity ensures that network investors have a say in platform operations and future development. This approach aligns user interests with the long-term health and growth of the platform.
Staking
Staking G tokens is an important part of Gravity's Proof of Stake (PoS) consensus mechanism. Token holders can stake G tokens to become validators and directly participate in transaction processing and network security. Validators are incentivized with staking rewards, which are distributed in G token form and proportional to the amount and duration of the stake, to encourage longer and more extensive network participation.
Trading fees
In the Gravity network, G tokens are used to pay for transaction fees. This functionality ensures that validators are compensated for processing transactions and maintaining the network. Some transaction fees are destroyed in the form of G tokens, permanently removing them from circulation. This mechanism helps manage token supply and may increase token value as the network grows and usage increases.
Integration in the Gravity ecosystem
The integration of G tokens in the Gravity ecosystem is designed to facilitate healthy economic flow. When users use various applications and services on Gravity, they will use G tokens to perform transactions, participate in staking, and participate in governance.
Considering Gravity's focus on full-chain interoperability, G token is also designed to be seamlessly used on multiple blockchain networks. This feature allows G token holders to use their tokens on different platforms without the need for complex conversions or interactions with multiple cryptocurrencies. The various uses of G token are intended to keep the incentives of all network participants aligned, including users, developers, and validators. This consistency is crucial for the robust growth of the Gravity ecosystem, ensuring that all stakeholders are working towards the platform's common success.