Galxe, web3’s largest onchain distribution platform, announced today the upcoming launch of Gravity, a Layer 1 omnichain smart contract platform designed to transform how users and developers interact with web3. Over the past three years, Galxe’s user base and transaction volume have grown exponentially, highlighting the need for more efficient, scalable, and secure solutions to manage complex cross-chain interactions with minimal friction. Existing solutions fell short in supporting the required complexity and scale, prompting Galxe to develop Gravity. Gravity addresses these challenges, offering an integrated and streamlined experience for both developers and users.
Introducing Gravity
Gravity is an omnichain settlement layer built for mass adoption and full-chain abstraction. Its approach abstracts the technical complexities of chain interactions, integrating advanced technologies like Zero-Knowledge Proofs and state-of-the-art consensus mechanisms to ensure high performance, enhanced security, and cost efficiency.
Upon launch, Gravity will be seamlessly integrated within Galxe’s existing suite of products—Quest, Compass, Passport, Score, Alva, and the Galxe Identity Protocol. Set to support 100 million transactions per month—three times that of Ethereum—Gravity offers a seamless solution for web3 interactions. This integration allows developers immediate access to a vast user base, boosting their ability to attract and retain users. Gravity also simplifies multi-chain asset management, cross-chain transaction settlements, and user-friendly transaction processes without exposing users to underlying complexities.
Galxe announces the rollout of Gravity in two key phases. The Gravity Alpha Mainnet, powered by the Arbitrum Nitro stack, will go live in June 2024. The launch of the Alpha Mainnet demonstrates Galxe’s commitment to the highest standards, testing cross-chain settlement in a transparent production environment using a public ledger instead of a centralized backend. In Q2 2025, the Gravity Mainnet will launch, featuring a restaking-powered PoS Layer 1 blockchain with Reth as its EVM execution engine. Stay tuned for the Alpha Mainnet launch in June and more updates as the Gravity rollout progresses.
For more information, users can visit gravity.xyz.
About Galxe
Galxe is a decentralized super app and web3’s largest onchain distribution platform, empowering seamless web3 experiences through AI, digital identity, and blockchain technologies. Through its robust infrastructure and product suite — Quest, Passport, Score, Compass, and Alva — Galxe offers advanced tools and self-sovereign digital identity management to empower users to explore Web3 effortlessly.
The recent introduction of Gravity, a Layer-1 blockchain designed for omnichain experience and full-chain abstraction, enables developers to tap into Galxe’s 20 million users and create new products that help onboard the world to web3.
ContactAna Lezamaana@serotonin.co
This article was originally published on Chainwire
Source: Cryptocurrency - investing.com
