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Galxe Launches Alpha Mainnet of Gravity Chain

Aug 20, 2024
  1. Gravity Chain: A Step Towards Future Web3
  2. Technical Features of Gravity Chain
  3. Gas Token G and Platform Scalability

Galxe, one of the largest Web3 credentialing and rewards platforms, announced its layer 1 blockchain alpha mainnet, Gravity Chain.

Gravity Chain: A Step Towards Future Web3

Layer 1 Gravity Chain is a massive step toward onboarding every product from Galxe—Quest, Compass, Passport, and Galxe Identity Protocol—into one single platform to ensure better experiences for their 25 million active users. Gravity aims to become an omni-chain smart contract platform oriented towards solving the fragmentation of Web3. With seamless cross-chain interaction and full-chain abstraction, Gravity brings fluency and cohesion to the user experience across landscapes in a decentralized way.

Technical Features of Gravity Chain

Gravity is an EVM-compatible, Proof-of-Stake blockchain constructed with the Arbitrum Nitro stack. It makes use of Reth as the execution layer and Jolteon for consensus. The Galxe team described this combination as one that would guarantee high throughput and close-to-instant finality of transactions. Besides, it natively supports staking protocols such as Babylon and EigenLayer. Introducing G as the native gas token on Gravity Alpha Mainnet, aims to facilitate all transactions and governance while stimulating growth and enabling payments in both Gravity and Galxe.

Gas Token G and Platform Scalability

Galxe has decided to build Layer 1 Gravity Chain because the platform has rapidly grown within the past three years. Now, with the full mainnet launch expected in Q2 of 2025, Galxe supports 34 blockchain networks and 100 million monthly transactions, which calls for a more scalable solution to manage its huge user base and cross-chain interactions.

The launch of the Gravity Chain alpha mainnet represents an important step for Galxe in improving user experience and resolving Web3 fragmentation. With the full mainnet launch expected in 2025, the platform is anticipated to become even more scalable and versatile.

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