EVM Compatibility and Smart Contract Execution

GAYA is fully compatible with the Ethereum Virtual Machine (EVM), creating a seamless environment for developers to deploy decentralized applications (dApps) and smart contracts. Features include:

EVM Compatibility

GAYA enables seamless migration for developers transitioning Ethereum-based applications to its ecosystem. Leveraging existing Solidity codebases and tools, developers can adapt their applications with minimal modifications, ensuring a smooth onboarding experience.

The platform ensures full compatibility with Ethereum standards, allowing smart contracts to operate identically to those on Ethereum. This alignment simplifies the development process, promotes cross-platform adoption, and ensures that existing codebases remain fully functional.

Developer Accessbility

Developer accessibility is also promoted by supporting familiar frameworks and tools such as Truffle and Remix. This comprehensive support reduces barriers to entry, fosters innovation, and encourages broader participation in the ecosystem.

Transaction Model

GAYA’s transaction model is designed to ensure seamless interactions and efficiency within the ecosystem. It does this through Externally Owned Accounts (EOAs). EOAs act as user-controlled accounts that initiate transactions and interact with smart contracts. This straightforward model simplifies user participation and facilitates direct engagement with the blockchain.

Gas Model

GAYA also incorporates an optimized gas fee structure to balance resource usage and incentivize network validators

• Dynamic Gas Fees: Gas fees are dynamically adjusted based on network activity, ensuring affordability during low-demand periods and prioritization during high-demand periods.

• Incentive Alignment: Gas fees, paid in GayaCoin, directly support validators and maintain network stability, creating a balanced and sustainable operational model.