New Layer 1 Gigachain Debuts Trustless Parallel Execution to Break Blockchain’s Sequential Barrier
Gigachain Labs introduces a groundbreaking LAYER 1 blockchain protocol designed to overcome the scalability limitations of traditional blockchains. By leveraging SNARK-based technology, Gigachain enables trustless parallel execution—a first for decentralized networks. This innovation allows non-conflicting concurrent transactions without compromising security or state consistency.
Traditional blockchains have long been constrained by sequential processing, requiring validators to execute entire chains’ throughput. Gigachain’s architecture eliminates this bottleneck, offering a solution that could redefine scalability in decentralized systems. The protocol emerges from incubation by the Telos Foundation with pre-seeding support from Presto Labs.