Gear Protocol (GRB)

From CryptoWiki

Building something similar as Solana, but then on a parachain on Polkadot

Basics

  • Based in:
  • Started in / Announced on:
  • Testnet release:
  • Mainnet release:

History

Audits & Exploits

Bugs/Exploits

Governance

Admin Keys

DAO

Treasury

Token

Launch

Token Allocation

Utility

  • From their docs (10-3-2022):

"GRB is Gear’s bonus reward that can be earned by taking part in events or contributing to the Gear protocol."

Other Details

Stablecoin

Coin Distribution

Technology

  • Whitepaper or docs can be found [insert here].
  • Code can be viewed [insert here].

Implementations

Transaction Details

How it works

  • From Dot Pulse (5-3-2022):

"It’s building a unique Wasm-based parachain using Rust, with a very innovative feature: instead of transactions, it features messages. This is important because transactions on the EVM are sequential: you can’t execute transaction 2 before transaction 1, because maybe tx 1 wants to make some changes to the data used by tx 2.

With messages, the virtual machine can be a lot more flexible. Each message is addressed to one or several specific contracts, so the system knows in advance which parts of the memory could be changed by each message. All transactions that are unrelated can be parallelized and run on multiple cores, which makes them much, much faster.

This is the same strength of Solana, which uses parallel processing of transactions to speed them up. But since Gear aims to be a parachain, this speed will only be used by Polkadot developers who really need it."

Fees

Upgrades

Staking

Validator Stats

Liquidity Mining

Scaling

Interoperability

Other Details

Oracle Method

Privacy Method

Compliance

Their Other Projects

Roadmap

  • Can be found [Insert link here].

Usage

Projects that use or built on it

Competition

Pros and Cons

Pros

Cons

Team, Funding and Partners

Team

  • Full team can be found [here].

Funding

Partners

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