A Decentralized Future

Published:

Decentralization has always been a guiding principle for GalaChain, and we are now prepared to fully embrace this vision with the release of our Decentralization White Paper.

The Evolution of GalaChain

This marks a pivotal moment in GalaChain’s evolution—a shift from the necessary centralization we’ve relied on to scale our Layer 1 blockchain, toward a more decentralized and open ecosystem that invites developers and innovators from all industries to join us.

sajdhasd

The Necessity of Centralization

When we embarked on the creation of GalaChain, centralization was essential. It allowed us to build a robust, scalable infrastructure capable of supporting a wide range of external developers from gaming, music and film, while also ensuring the chain could handle immense transaction volumes without compromising performance. However, we have always viewed centralization as a temporary phase.

Embracing Decentralization

Now, having achieved the scalability and efficiency needed to support not just Gala Games but a vast array of industries, we are ready to embark on our decentralization roadmap.

The Decentralization Roadmap

With the help of the Hyperledger Fabric upon which the chain was built, GalaChain is moving decisively into the next phase of its development. The Decentralization White Paper lays out a four-phase roadmap that will shift GalaChain’s consensus from Raft to Byzantine Fault Tolerance (BFT), integrate our vast Founder’s Node network into the core of the blockchain, and implement a GalaChain Improvement Proposal (GIP) system for a greater degree of community-driven governance.

The Benefits of Decentralization

Decentralization is not just about technology; it is about empowerment and freedom. In its fully decentralized form, GalaChain will no longer rely on a centralized authority to validate transactions, ensuring greater security, fault tolerance and global distribution of decision-making power. This shift allows us to create a trustless system, where participants from any region or industry can contribute to the governance and growth of the network without the need for middlemen.

The Future of GalaChain

By decentralizing, we are also enabling a future where developers and creators have more control over their projects, from smart contracts to operational governance, and ultimately, the value they create. This creates a developer-first universe on GalaChain, opening doors to countless industries beyond entertainment—whether that’s finance, healthcare, supply chain management or beyond. The possibilities are endless.

The Decentralization Roadmap Phases

  • Phase 1: Migration to Byzantine Fault Tolerance (BFT), ensuring better security, fault tolerance, and decentralization without sacrificing GalaChain’s transaction throughput of up to 1500 TPS.
  • Phase 2: Global distribution of nodes and orderers, optimizing the network for speed, security, and fault tolerance through a geographically diverse network of peers.
  • Phase 3: Integration with Gala Founder’s Nodes, which will take on a more central role in transaction validation and consensus participation.
  • Phase 4: Implementation of a GalaChain Improvement Proposal (GIP) system to enable decentralized governance, giving stakeholders the power to submit and vote on network changes.

Commitment to Open Innovation

For GalaChain, this evolution signifies much more than a technical upgrade—it’s a declaration of our commitment to open innovation. No longer confined by the traditional bounds of centralized brands and interests, GalaChain’s decentralized infrastructure will foster an ecosystem that is truly borderless, inclusive and industry-agnostic.

Join the Decentralized Universe of GalaChain

The decentralized universe of GalaChain is ready to welcome industries and developers from across the globe. As GalaChain evolves, so too does our community, and together we are building the future of decentralized innovation.

Build on GalaChain

Read the Decentralization White Paper

FAQs

What is GalaChain’s approach to decentralization?

GalaChain is embracing decentralization through a four-phase roadmap that includes shifting consensus to Byzantine Fault Tolerance (BFT), integrating Founder’s Nodes into the core of the blockchain, and implementing a GalaChain Improvement Proposal (GIP) system for community-driven governance.

How will decentralization benefit GalaChain?

Decentralization will enable greater security, fault tolerance, and global distribution of decision-making power on GalaChain. It will also empower developers and creators to have more control over their projects and contribute to the growth of the network.


Credit: news.gala.com

Related articles

You May Also Like