GALLACTIC - Bringing Diverse Transactions and People Together by Connecting Them through Blockchain

GALLACTIC Blockchainconnects by bringing diverse transactions and people together through blockchain using its state-of-the-art blockchain Architecture. Finterra the start-up powering GALLACTIC Network is set to revolutionize the blockchain space with this next generation blockchain platform.

Dr. FarhangMaghdeed, Head of Technical Delivery, at Finterra, said: “GALLACTIC enables the diverse and rapidly increasing innovation curve and rapid deployment of new functionality from R & D to mainnet in release schedules that supremely surpasses current blockchains in the business world.We also deploy Smart Chains with different configurations which means that unlimited types of transactions can be performed on the GALLACTIC Blockchain Platform quickly and easily. It will also bring people together in unprecedented ways from all quarters such as users to developers, entrepreneurs to investors, and corporate heads to the man on the street.”

The GALLACTIC mainnet by being the originating and moderating source for the GALLACTIC network token GTX, plays a specific role in the ecosystem. It acts as the supporting network for ecosystem security and provides a template from future Smart Chain configurations while facilitating transactions and transfers between other Smart Chains.

“Therefore, GALLACTIC mainnet will remain as robust and resilient as possible while maintaining a high level of performance. Its blockchainarchitecture highlights how each part of the GALLACTIC mainnet has been structured to achieve these goals,” he shared.

A specialsidechain strategy is used by GALLACTIC which combines using smart contract transactions from one chain as proof of passing data to another chain. Because of this facilitation of cross-chain transactions, a whole universe of diverse transactions is opened. Furthermore, secure cross-chain value transfer and more importantly cross-chain smart contracting is also facilitated by all these. Intrinsically, the GALLACTIC ecosystem uses this methodology extensively for interoperation within it.

Dr. Farhang added, “Our flexible node architecture, used in bridging to external protocols, also enables a GALLACTIC Smart Chain to copy any external protocol by establishing a lite client to authorize external chain transactions and then to integrate the external chain’s VM specifications to communicate without frictionthrough smart contracts between networks.”

These interoperability enabling characteristics of the GALLACTICBlockchain Platform allows it to securely communicate with systems outside of itself with greater effectiveness and with much less issues, thus opening it even more to a whole universe of diverse transactions.

The GALLACTIC Blockchain Platform is not only addressing issues and the needs of users and businesses on a project by project basis but it is setting a much higher standard with a foundational platform that other blockchains can build on which will truly connect the world in diverse ways.