GateChain Meteora Mainnet Launch
GateChain has been committed to building the industry’s leading eco and providing its users with features that they’ve never seen before. GateChain Mainnet 1.0 was released on the 8th of June, 2020 featuring novel levels of security, scalability, and interoperability. From then on the platform never stop thinking on how to improve their product as well as their entire business to serve their beloved customers.
HERE COMES THE HIGHLIGHT
2021.1.27: Meteora on Testnet, the chain supporting the EVM smart contract module, was officially launched .
-2021.2.19: DeFi eco and Labs incubator program was launched, inviting everyone to participate in the eco’s development.
-2021.3.11: Meteora on Mainnet , the main network was upgraded to v1.0.7, officially supporting smart contracts and kickstarting the smart contract engine’s pressure test.
The GateChain EVM module has undergone 66 days of stress testing on the mainnet, including the deployment and handling of various smart contracts.
METEORA MAINNET IMPROVEMENTS
Secure
Revocable transactions model to protect users’ assets. Dual account architecture, users can opt between standard & vault accounts; realizing hot and cold wallet functions.
2. High performance
GateChain supports more than 2000 transactions per second!
3. Smart contract support
Smart contracts on Ethereum, Cosmos, and more ecos can be deployed on GateChain at zero cost.
The new GateChain EVM module is a native feature, allowing users to transact with smart contracts without having to migrate assets across chains. GateChain is fully compatible with Ethernet ecological products: MetaMask wallet, Remix and other development tools can be easily accessed, helping users to play Defi without stress.
4. Powered by GT
GateToken is used to pay for the gas fees when transacting in the GateChain eco.
5. Highly decentralized users can participate in GateChain’s consensus by hosting a full node or by delegating your GT to one.The consensus’ account balance does not need to be locked, and can be transferred in and out at any time, whilst never stopping to mine more GT.
6. Interoperability
GateBridge, a cross-chain tool bridging the gap between GateChain and ETH, Comos, BSC, and other ecos. Users can easily, quickly and securely transfer assets.
GateChain’s EVM is just the beginning of our eco’s construction, and our goal is to enable users to experience the power of decentralized finance.
ABOUT GATE_IO
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