Technical Features

GAYA’s technical infrastructure is built to provide a scalable, secure, and developer-centric blockchain platform. With an energy-efficient Proof-of-Stake (PoS) consensus mechanism and full Ethereum Virtual Machine (EVM) compatibility, GAYA offers high performance and broad accessibility for decentralized applications (dApps).

Consensus Mechanism: Proof of Stake (PoS)

GAYA’s PoS mechanism validates transactions and secures the network while significantly reducing environmental impact by replacing energy-intensive mining with staking. Validators stake GayaCoin to propose and confirm blocks, earning rewards while ensuring network integrity. Key roles of validators include:

• Proposing Blocks: Validators collect transactions, assemble them into valid blocks, and broadcast them to the network, ensuring continuous transaction flow.

• Transaction Verification: Validators verify transaction authenticity, preserving blockchain integrity.

• Staking Rewards: Validators are incentivized with GayaCoin rewards for their contributions to security and performance.

This model enhances decentralization and fosters a trustworthy ecosystem by aligning economic incentives with network health.

EVM Compatibility and Smart Contract Execution

GAYA’s compatibility with the Ethereum Virtual Machine (EVM) allows developers to migrate Ethereum-based dApps seamlessly. Key features include:

• Full EVM Compatibility: Smart contracts operate identically to Ethereum, simplifying development and promoting cross-platform adoption.

• Developer Accessibility: Support for tools like Truffle and Remix reduces barriers to entry, fostering broader ecosystem participation.

• Transaction Model: GAYA utilizes Externally Owned Accounts (EOAs) for user-controlled interactions, simplifying blockchain participation.

• Dynamic Gas Fees: Gas fees are adjusted based on network activity, balancing affordability with validator incentives and maintaining network sustainability.

Blockchain Architecture

GAYA’s modular architecture is designed for scalability, transparency, and interoperability:

• Autonomous Smart Contracts: Independently operating contracts ensure seamless and reliable execution of transactions and workflows.

• Continuous Account Chains: Each account maintains a sequential history of transactions, ensuring transparency and traceability.

• Unified Ledger System: All Account Chains are aggregated into a unified ledger, providing consistent rules and tamper-proof transaction records.

• Custom Workchains: Specialized Workchains support application-specific rules while maintaining interoperability with the broader network.

• The GAYA Masterchain: The central coordinating chain synchronizes all Account Chains and Workchains, ensuring consensus and operational consistency.

By combining a robust PoS mechanism with comprehensive EVM compatibility and modular architecture, GAYA delivers a cutting-edge technical foundation that supports innovation and growth across its ecosystem. Furthermore the blockchain will have a GAYA testnet network for developer testing capabilities and a GAYA mainnet network for real world applications and transactions.