GalaChain Unveils New Decentralized Whitepaper

According to BlockBeats, on October 23, GalaChain announced a new decentralized whitepaper developed in collaboration with LF Decentralized Trust. This whitepaper marks a significant turning point for Gala, outlining a comprehensive four-phase strategy to transform GalaChain into a fully decentralized ecosystem. The key highlights of the new whitepaper include a transition from Raft consensus to Byzantine Fault Tolerance (BFT) consensus. This upgrade aims to reduce the risk of single points of failure and enhance the network's resilience against targeted attacks. Additionally, the GalaChain Improvement Proposal (GIP) framework will enable the community to propose and vote on changes, driving continuous improvements and adjustments to GalaChain's functionality based on actual needs and collective vision.