Revolutionizing Blockchain Scalability
Hong Kong, China, May 23rd, 2025 – Chainwire has reported that the launch of the Gigachain Protocol marks a significant advancement in blockchain technology, particularly for high-computation applications that were previously unfeasible on conventional blockchain frameworks.
Introducing Gigachain
Gigachain Labs has unveiled its Layer 1 blockchain, which is engineered for genuine scalability. Backed by Presto Labs and developed under the guidance of the Telos Foundation, the Gigachain Protocol is a cutting-edge SNARK-based system that facilitates trustless parallel execution. This innovative protocol is the first of its kind to process decentralized, permissionless transactions concurrently without conflicts, all while maintaining security and state integrity.
Challenges with Traditional Blockchains
Traditional blockchain systems typically process transactions in a linear fashion, necessitating that every validator handle the entire throughput of the chain. This design has hindered performance, making scaling beyond basic transactions a formidable challenge. To address these limitations, many blockchain networks have resorted to off-chain solutions, often sacrificing decentralization, security, and overall user experience in the process.
Transforming Throughput Metrics
With its trustless parallel execution capability, Gigachain redefines how throughput is perceived within the blockchain landscape. The current emphasis on transaction speed, or Transactions Per Second (TPS), is expanded to include transaction weight. Instructions Per Second (IPS) serves as a metric for assessing the computational capacity of a blockchain. Gigachain aims to achieve over 61 billion IPS—representing a more than 500-fold enhancement compared to multi-thread execution models like Solana’s and over 10,000 times the performance of Ethereum’s sequential model. By employing zk-SNARKs, Gigachain enables decentralized, parallel transaction processing, which allows it to manage complex computational tasks at scale, heralding a new era of scalability and performance in blockchain technology.
Innovative Transaction Management
The protocol organizes transactions into batches that do not conflict, allowing for parallel execution and proof generation across various decentralized entities. These batch proofs are combined into a single proof that validates an entire block, effectively distributing the execution load while eliminating redundant processing, thus enhancing blockchain throughput without sacrificing decentralization.
A New Perspective on Blockchain Scaling
“Current discussions on blockchain scaling often focus on abstract TPS figures but overlook the fundamental issue,” stated Alberto Garoffolo, CTO of Gigachain. “Real-world computation occurs in parallel across countless machines and cores. To achieve scalability, blockchain cannot remain bound to sequential processing. Gigachain finally makes trustless parallel execution a reality.”
Positioning for the Future
By addressing the challenges of decentralized computation scaling, Gigachain establishes itself as a vital component in the future of blockchain applications. The project is spearheaded by industry veterans from IOHK and the Telos Foundation, including Garoffolo, who has an impressive background in zero-knowledge proofs and decentralized scaling. The team comprises other prominent figures in the sector such as Paolo Tagliaferri, Ljubiša Isaković, Marco Olivero, Daniele Di Tullio, and Momčilo Miladinović. Garoffolo introduced the Gigachain Protocol during a live session at zkSummit13 on May 12, 2025.
About Gigachain
Gigachain stands as a revolutionary Layer 1 blockchain specifically designed for scalable and trustless parallel execution. Utilizing a unique SNARK-based framework, Gigachain is the first decentralized protocol to enable permissionless and non-conflicting concurrent transaction processing, all while ensuring state consistency and security. By fundamentally rethinking execution processes, Gigachain distributes computations among decentralized actors, thereby eliminating redundant network processes and achieving significant performance enhancements for complex workloads. With initial backing from Presto Labs and incubation by the Telos Foundation, Gigachain is led by a distinguished team specializing in zero-knowledge cryptography and blockchain infrastructure. The testnet is anticipated to go live in 2025, with the mainnet launch aimed for 2027.
Contact Information
For additional details, users may reach out to Ryleigh Ebron at ryleigh@serotonin.co.
Disclaimer
This content, sourced from Chainwire, is intended solely for informational purposes and should not be interpreted as investment advice or a solicitation to invest.
