GalaChain Develops a Decentralized Network to Boost Token Value🔥
GalaChain
In collaboration with LF Decentralized Trust, a technical document (whitepaper) has been prepared for the decentralization of the network. Here, the goal is to increase the security, scalability, and flexibility of GalaChain for further growth. comprehensive roadmap outlines a four-phase strategy.
Transition from Raft to BFT
The network will transition to a different structure from the Raft consensus mechanism. The Byzantine Fault Tolerance (BFT) algorithm is a structure heavily utilized by decentralized networks, focusing on decentralization. The aim is to enhance security while reducing fault tolerance.
Global Distribution
Geographical distribution of servers is crucial for decentralization. With GalaChain, the network will become more secure and decentralized,transforming into a truly international platform for decentralized applications (dApps).
Gala Founder Nodes
The decentralized architecture will leverage over 40,000 existing Gala Founder Nodes to create a more diverse and flexible network. Founder Node operators will play a significant role in the new consensus process, participating as validators and being rewarded for their contributions to the stability and performance of GalaChain. This also signifies incentives for involvement.
GIPs
Improvement proposals with different abbreviations, such as Ethereum $2,612‘s EIP, are emerging for Gala. This step is vital for expanding GalaChain’s capabilities and fully implementing decentralization.
Gala and Decentralization
Networks are becoming decentralized to avoid legal issues and because they see the future in it. This opens the door to networks that can be governed by the community. Decentralized structures are crucial in crypto for self-sustainable growth and fair distribution of gains to the community.
Time will show how successful this will be for Gala.if a fully decentralized structure can be built and network development continues steadily, it will support the GALA Coin price.
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