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Galxe Unveils 'Gravity' - A Layer-1 Blockchain for Mass Web3 Adoption

May 30, 2024

Galxe has revealed Gravity, a cutting-edge Layer-1 blockchain venture envisioning mass acceptance and a versatile omni-chain paradigm. The Alpha Mainnet rollout is scheduled for Q2 2024, introducing a revised version of Ethereum powered by Arbitrum Nitro. Following this, the comprehensive Gravity mainnet launch, featuring the PoS Layer-1 component and Reth EVM execution engine, is set for Q2 2025.

Gravity's core focus is on enabling efficient Zero-Knowledge Proof (ZKP) validation, streamlining transactions by reducing blockchain operational costs for enhanced security and affordability.

A notable breakthrough of Gravity is its capability to empower developers to craft and finalize transactions spanning multiple blockchains, bolstering security and operational efficiency for cross-chain functionalities.

To enhance user engagement, Gravity incorporates cryptographic basics such as the secp256r1 curve through precompiled contracts. This implementation enables cost-effective passkey authentication for Account Abstraction wallets, reinforcing security and usability.

Technically, Gravity combines the high-throughput Reth execution layer with the Jolteon consensus algorithm to offer nearly instantaneous finality. The native PoS blockchain's security is maintained through staking and restaking mechanisms like Babylon and EigenLayer, ensuring heightened resilience.

Gravity also offers developers building Web3 applications access to Galxe's extensive user base of 20 million members. Utilizing its native omnichain intent protocol, Gravity facilitates a harmonized, yield-enriched balance across chains for seamless cross-chain operations and validations.

With its scalability and cost-efficiency, Gravity allows for the complete integration of loyalty points on-chain, promoting transparency and lowering obstacles for developers.

The project has already garnered substantial support, securing over $10 million from backers including Multicoin Capital and Dragonfly Capital as of 2022.

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