Gala Games Releases White Paper Aimed at Fully Decentralized Ecosystem
The post Gala Games Releases White Paper Aimed at Fully Decentralized Ecosystem appeared on BitcoinEthereumNews.com.
In a significant move towards enhancing its Web3 gaming platform, Gala Games has released the GalaChain Decentralization White Paper. This comprehensive document outlines a four-phase strategy designed to evolve the Hyperledger Fabric-based GalaChain into a fully decentralized ecosystem. The roadmap emphasizes key advancements, including transitioning consensus mechanisms, global distribution of network components, integration with Gala Founder Nodes, and the introduction of GalaChain Improvement Proposals (GIPs). Introduction to Gala Games and GalaChain Who is Gala Games? Gala Games is a pioneering Web3 gaming platform committed to empowering players through decentralized ownership of in-game assets and governance. By leveraging blockchain technology, Gala Games offers a transparent, secure, and player-centric gaming experience where users have true ownership and control over their digital assets. Overview of GalaChain GalaChain serves as the backbone of Gala Games’ ecosystem, facilitating secure and efficient transactions, asset transfers, and governance processes. Built on Hyperledger Fabric, GalaChain ensures robust performance and scalability, supporting a wide range of decentralized applications (dApps) within the gaming platform. Details of the GalaChain Decentralization White Paper Four-Phase Decentralization Strategy The GalaChain Decentralization White Paper outlines a strategic plan divided into four phases, each focusing on critical aspects of achieving full decentralization: Transitioning from Raft to Byzantine Fault Tolerance (BFT) Algorithm Distributing Network Components Globally Integrating with Gala Founder Nodes Introducing GalaChain Improvement Proposals (GIPs) Phase 1: Transitioning from Raft to Byzantine Fault Tolerance (BFT) Algorithm Raft is a consensus mechanism currently employed by GalaChain, known for its simplicity and efficiency in achieving consensus within a distributed system. However, to enhance security and fault tolerance, Gala Games plans to transition to a Byzantine Fault Tolerance (BFT) algorithm. BFT algorithms are designed to handle malicious actors and network partitions more effectively, ensuring the integrity and reliability of the blockchain even in adverse conditions. Phase…
Filed under: News - @ October 31, 2024 6:07 am