Galxe Launches Gravity: A Layer 1 Omnichain for Mass Adoption
Galxe, a decentralized super app and Web3's largest onchain distribution platform, has announced the launch of Gravity, a Layer 1 omnichain smart contract platform designed to deliver efficient, scalable, and secure cross-chain interactions. Gravity is an omnichain settlement layer built for mass adoption and full-chain abstraction, featuring advanced technologies like Zero-Knowledge Proofs, staking-powered architecture, and state-of-the-art consensus mechanisms. It aims to elevate interactions for users and developers within Web3 while supporting the complexity and scalability needed for mass adoption. Key features of Gravity include cross-chain transactions, efficient verification, enhanced user experience, high-performance execution, secure and robust PoS mechanism, and EVM compatibility. Gravity will enable a broad spectrum of solutions for Web3 users, such as balance abstraction with yield, intent-based transactions, gas abstraction, and omnichain loyalty points. The launch will occur in two phases, with the Gravity Alpha Mainnet powered by the Arbitrum Nitro stack going live in June 2024, followed by the full Gravity Mainnet in Q2 2025.
