Gravity (G) : Layer 1 project developed by Galxe

Gravity - a Layer 1 multi-chain smart contract platform designed to provide a more efficient, scalable, and secure mechanism for managing complex cross-chain interactions with minimal friction.

INSIGHTS

12/17/20244 min read

What is Gravity?

Gravity (G) is a Lauer 1 blockchain project that is EVM compatible, using Chain Abstraction technology to simplify interactions between different blockchains.

Gravity is a multi-chain payment layer that adopts advanced technology such as Zero-Knowledge Proofs and advanced consensus mechanisms. It provides high performance, security and cost-effective transactions. Gravity abstracts away technical complexities, making it easy for users to interact without the difficulty of on-chain interactions.

The platform focuses on building a high-performance network, achieving a processing speed of 1 gigagas/second, to support fast transactions, low fees but still ensure safety.

Gravity will be integrated into the Galxe ecosystem and its existing suite of products — Quest, Compass, Passport, Score, Alva, and Identity Protocol. With this integration, Gravity is estimated to have over 60 million transactions per month — twice that of Ethereum — establishing it as one of the most active chains based on user activity.

Outstanding features of Gravity

  • Cross-Chain Transactions: Gravity enables transactions to be identified and processed across multiple blockchains.

  • Efficient Verification: Supports cost-effective ZKP verification, ensuring secure transactions.

  • Better user experience: Use cryptographic primitives to save authentication costs for abstract wallets.

  • High Performance Execution: Integrates a fast execution layer and advanced consensus algorithm for high throughput.

  • Secure PoS Mechanism: Uses G token's staking and resting protocols to secure the Gravity chain.

  • EVM Compatibility: Fully EVM compatible for easy smart contract deployment.

Gravity's Infrastructure

On December 4, 2024, Gravity officially announced Litepaper, revealing key components of its infrastructure. By combining the underlying technologies, Gravity's network throughput is expected to reach 1 gigabyte per second.

Accordingly, two important components in Gravity's architecture include: Gravity SDK and Gravity reth:

Gravity SDK is an open source software framework with a modular and pipeline architecture. The pipeline architecture allows for task splitting and parallel processing, optimizing performance and increasing scalability. The modular model makes it easy for developers to customize and expand applications flexibly according to their needs.

Gravity reth is an execution layer based on reth, an Ethereum full node, providing high security, fast processing speed and easy integration with the Ethereum ecosystem. It is optimized for parallel transaction processing to improve network performance.

The two components of the system connect via the GCEI (Gravity Consensus Execution Interface) protocol, which standardizes interactions and eliminates technical barriers.

Additionally, Gravity's infrastructure is also complemented by two other components, including:

  • Grevm (Gravity EVM): Gravity's EVM virtual machine, capable of parallel transaction processing. From there, Grevm helps improve transaction speed and enhance the interoperability of dApps in the ecosystem.

  • Gravity Intent Protocol: A protocol focused on enhancing cross-chain interoperability between blockchains, prioritizing a seamless user experience.

So what has Gravity achieved?

In May 2024, the Galxe team officially introduced Gravity to the community. By August of the same year, Gravity launched its Alpha Mainnet version, and in more than three months of operation, the network has recorded some notable achievements such as:

  • Over 275 million transactions processed.

  • Average processing speed reaches 2.6 million transactions per second.

Here are some of the highlights of Gravity:

  • Processing speed reaches 1 gigabyte per second: Gravity is designed with the goal of optimizing transaction processing speed and minimizing network congestion. Techniques such as parallel transaction processing, pipeline architecture, and modules have been applied to improve performance. As a result, Gravity is able to effectively handle congestion issues and meet the increasing transaction demands from users.

  • Restaking support with EigenLayer and Babylon: To improve the security and scalability of the ecosystem, Gravity has integrated the EigenLayer and Babylon restaking protocols. This allows validators to stake assets from multiple networks, including Ethereum and Bitcoin.

Currently, users can experience the network through the Bridge feature, which allows the transfer of crypto assets (such as WBTC, DAI, and G) between the Gravity Alpha Mainnet and Ethereum. In the future, when the testnet is successfully deployed, users will have the opportunity to interact more deeply with this ecosystem.

Tokenomics

  • Token Name: Gravity

  • Ticker: G

  • Token Standard: ERC-20

  • Token type: Utility & Governance

  • Initial Supply: 12,000,000,000 G

Use cases of G tokens

Initially, the Galxe project used the GAL token as its main currency. However, in order to improve user experience and scale the ecosystem, the development team decided to switch from the GAL token to the G token.

This decision aims to unify and simplify the interaction between users on the Gravity network and the Galxe ecosystem, with the following specific uses:

  • Transaction fees for operations taking place on the Gravity network.

  • Transaction fees for applications in the Galxe ecosystem, such as Galxe Quest, Galxe Passport, Galxe Score, and more.

  • Stake to secure the network and get rewarded.

  • Voting rights on protocol changes.

Gravity's Roadmap

Gravity's development roadmap is divided into 3 phases. In which:

  • Devnet: The main objective of this phase is to test the performance and evaluate the system specifications under real operating conditions.

  • Longevity Testnet: After completing the Devnet phase, the project will conduct long-term system testing to ensure stability, scalability, and bug fixing.

  • Official Mainnet: This is the final stage, marking the official launch of Gravity.

Project Team

  • Harry Zhang: Co-Founder and Project Lead of Galxe. Previously, he served as Founder and COO of Lino Network and Dlive.tv (later merged into Bittoren Ecosystem).

  • Charles Wayn: Co-Founder and Strategy Lead of Galxe. Like Harry Zhang, he also served as Founder and CEO of Dlive.tv .

Gravity has established partnerships with a number of prominent projects in the crypto market, typically: OKX, Nansen, GeckoTerminal and Zerion. In addition, information about investors and funding rounds has not been specifically disclosed by the project.

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