L1 blockchain Gravity releases Litepaper, will launch testnet in Q1 2025

On December 3, the L1 blockchain Gravity launched by the Galxe team has released Litepaper on Github and will be launched on the testnet in the first quarter of 2025. It is reported that Gravity achieves more than 1 billion hash operations per second, millisecond finalization time and parallel EVM operations. Gravity provides enterprise-level security through re-staking protocols such as EigenLayer and Babylon, while taking into account seamless cross-chain interoperability. At the same time, Gravity will launch a series of tools to help Web3 developers reshape blockchain development: Grevm (Gravity EVM): ultra-fast and efficient smart contract runtime; GravityDB: scalable state management, supporting complex applications; Gravity Intent Protocol: easy cross-chain interoperability; Gravity Chain: EVM compatible, supporting large-scale multi-chain applications.