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Gala Games launches GalaChain white paper, Chainlink supports GALA, DWF Labs continues to attract attention with large operations

Gala Games launches GalaChain white paper, Chainlink supports GALA, DWF Labs continues to attract attention with large operations

Renata2024/12/09 10:26
On December 9th, it was reported that Gala Games, a Web3 game project, is accelerating the strengthening of its ecosystem. Previously, Gala Games collaborated with LF Decentralized Trust to release a new GalaChain decentralized white paper, announcing the migration of the consensus mechanism from Raft to a more decentralized Byzantine fault-tolerant (BFT) algorithm to reduce the risk of single point of failure. The white paper also proposed the integration of Gala Founder Nodes and GalaChain Improvement Proposal (GIP), aiming to improve the security and decentralization of the network.
 
On-chain data shows that on December 4th, DWF Labs deposited 20 million GALA worth about 1.04 million US dollars to Binance after the GALA price rose by 25%. DWF Labs had cooperated with Gala Games in September this year and obtained 60 million GALA (worth 1.45 million US dollars at the time), and still holds 68.31 million GALA (about 3.55 million US dollars). The frequent operations of this institution have further attracted market attention to the trend of GALA tokens.
 
In addition, Chainlink announced on November 28th the addition of low-latency market data support for GALA. Assets supported together with GALA include BRETT, BLUR, ENS, etc. The integration of Chainlink's data streams will further enhance GalaChain's performance in market data transmission and transaction efficiency.
 
Gala Games is consolidating its leading position in the Web3 gaming field through technological upgrades, ecological cooperation, and market support. With the improvement of GalaChain's decentralization and the support of Chainlink data flow, the GALA ecosystem is expected to usher in more development opportunities.
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