What's going on! An emergency!

The second coin is going to crash again! How much will it cost this time!

Just now, Binance's wallet suddenly received a huge transfer - 60,000 Ethereum, worth more than 150 million US dollars! This abnormal operation immediately attracted market attention and speculation. Some people think that this may be related to some secret plan of the ARB Foundation.

Gravity: Leading a new era of Web3 interaction

The Galxe team is proud to announce the upcoming launch of a revolutionary Layer 1 blockchain - Gravity, designed for full-chain experience and full-chain abstraction. This new platform will completely change the way users and developers interact with Web3, providing a seamless and scalable solution for 20 million users.

Key features of Gravity:

Cross-chain transactions: Gravity allows developers to process and settle transactions on multiple blockchains for more efficient and secure interactions.

Efficient verification: Supports cost-effective zero-knowledge proof verification to ensure that transactions are both economical and secure.

High-performance execution: Integrates the fastest execution layer Reth and the most advanced consensus algorithm Jolteon (AptosBFT), providing high throughput and near-instant finality.

Secure and robust PoS mechanism: Gravity's proof of stake will be driven by G token native staking and re-staking protocols including Babylon and EigenLayer, ensuring the security and stability of the network.

EVM compatibility: Gravity will be fully compatible with the Ethereum Virtual Machine (EVM), enabling developers to seamlessly deploy smart contracts.

Gravity's launch plan:

Gravity's launch will be divided into two phases. First, the Gravity Alpha Mainnet will be launched in June 2024, using the Arbitrum Nitro technology stack to test cross-chain settlements in a transparent production environment using public ledgers. Subsequently, in the second quarter of 2025, Galxe will launch Gravity Mainnet, a PoS Layer 1 blockchain driven by re-staking, with Reth as its EVM execution engine.

About Galxe:

Galxe is a decentralized super application and Web3 on-chain distribution platform that provides users with a seamless Web3 experience through AI, digital identity and blockchain technology. Galxe's infrastructure and product suite includes Quest, Passport, Score, Compass and Alva, and the launch of Gravity will further expand its ecosystem and promote the mass adoption of Web3#Gravity先行主网上线 @Gravity