Gigachain

Gigachain is a next-generation Layer 1 blockchain purpose-built for scalable, trustless parallel execution. Leveraging a novel SNARK-based architecture, Gigachain is the first decentralized protocol to achieve permissionless, non-conflicting concurrent transaction processing, without compromising on state consistency or security. By rethinking execution from the ground up, Gigachain distributes computation across decentralized actors and eliminates redundant processing across the network, unlocking performance breakthroughs for high-weight and complex workloads. Pre-seeded by Presto Labs and incubated by the Telos Foundation, Gigachain is led by a team of pioneers in zero-knowledge cryptography and blockchain infrastructure from IOHK, Telos, and Horizen.