Gravity

Buy Gravity

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Gravity wallet included

Gravity
Gravity
€0.00+0.92%
Buy G

26,090.58651638 G

* Be aware that digital assets are highly volatile and investing in digital assets can lead to partial or total loss of your investment. Carefully assess your own situation, conduct your own research and only invest in digital assets with money you can lose. Past performance is no indication of future performance.

400+

Digital assets you can buy, store, and trade.

1.5M+

Active users on the Bitvavo platform.

100B+

Total exchanged volume.

4/5

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Frequently Asked Questions

Bitvavo makes Gravity as easy as possible. Here are answers to common questions to help you make your first steps in the world of digital assets.

Gravity (G) is a layer 1 blockchain designed for mass adoption and a future where different blockchains communicate seamlessly with one another. Gravity aims to simplify the technical complexity of multichain interactions so that users and developers can work effortlessly with various blockchain networks.

To achieve this, Gravity employs advanced technologies such as Zero-Knowledge Proofs (ZKPs) and a restaking-driven architecture. ZKPs allow transactions to be verified without revealing sensitive information, significantly enhancing privacy and security. The restaking architecture enables staked tokens to be used for multiple purposes, increasing efficiency and adding extra security layers.

The native token of Gravity, G, plays a central role within the Gravity and Galxe ecosystem. G functions as a utility token for transactions (as a gas token), secures the network through staking, and facilitates governance decisions. By staking G, participants can contribute to transaction validation and ensure the integrity of the network while being rewarded for their efforts.

Gravity collaborates closely with Galxe, a decentralized super-app and the largest on-chain distribution platform within Web3. Galxe offers modular AI, digital identity, and blockchain solutions like Quest, Passport, Score, Compass, and Alva. These tools support the development of user-friendly Web3 applications with a focus on self-sovereign identity management.

The founders of Gravity

Gravity was founded by Martins Benkitis and Edgars Laimite, who developed a platform with Gravity focused on simplifying multichain interactions and promoting the widespread adoption of blockchain technology. The current management of Gravity is under the team at Galxe, which is made up of experienced professionals in cryptography, blockchain development, and digital identity management.

Gravity offers a wide range of applications, aimed at both end-users and developers to fully harness the power of blockchain. Below are some key features and use cases:

  • Cross-chain transactions: Easily move digital assets between different blockchains without complex procedures, enhancing interoperability and expanding asset usability.
  • Tokenization of physical assets: Physical possessions like real estate or commodities can be converted into digital tokens, opening up access to broader markets and increasing the liquidity of these assets.
  • Developing DeFi applications: Developers build scalable and secure decentralized financial applications on Gravity, enabling them to provide advanced financial services.
  • Managing digital identity: Galxe Passport ensures secure and self-sovereign management of your digital identity across different platforms, enhancing privacy and control over personal data.
  • Improving user experience: Users benefit from gas abstraction and intent-based transactions for smoother and more accessible interaction with blockchain apps, without technical details.

A core component of Gravity’s technology is the use of Zero-Knowledge Proofs (ZKPs), specifically zk-SNARKs. ZKPs are cryptographic methods that allow transactions to be verified without revealing sensitive information. This protects user privacy and ensures the integrity and validity of transactions, which is essential in a decentralized environment where trust and privacy are important.

Stake driven architecture

Gravity's security and network integrity are supported by a staking mechanism. Users can stake their G tokens to participate in the network's validation process, which financially involves them in the network's success and security. Stakers are rewarded for their contribution, encouraging fair behavior and discouraging malicious activities.

In addition, Gravity utilizes restaking protocols such as Babylon and EigenLayer, which deploy staked tokens for multiple security purposes. This increases efficiency and adds extra security layers to the network.

Advanced consensus mechanisms

Gravity combines Proof-of-Stake (PoS) and Byzantine Fault Tolerance (BFT) consensus mechanisms. PoS selects validators based on their stake, which is more energy-efficient than traditional Proof-of-Work (PoW) systems. BFT enables the network to reach consensus, even if some nodes act faulty or malicious.

Integration of advanced technologies

Gravity integrates the Orbit stack with Arbitrum Nitro technology, ensuring increased scalability and efficiency. This allows the network to process a high volume of transactions with minimal delay and low costs.

Additionally, Gravity utilizes Reth as an execution layer and Jolteon (AptosBFT) as a consensus algorithm. This combination ensures high performance and fast transaction processing, which is essential for a positive user experience.

EVM compatibility and developer-friendliness

Gravity is fully compatible with the Ethereum Virtual Machine (EVM), allowing developers to use existing tools and smart contracts without modifications. This reduces the learning curve and accelerates the development of new applications on the network.

Moreover, Gravity supports cryptographic primitives like the "secp256r1 curve" through precompiled contracts. This enables new applications, such as cost-effective passkey authentication for Account Abstraction wallets, further enhancing security and user-friendliness.

Improved user experience through gas abstraction

A challenge within blockchain is managing gas fees across different blockchains. Gravity solves this through gas abstraction, allowing users to execute transactions without managing gas tokens on multiple chains. This is possible thanks to support for smart contract wallets, transaction batching, and gas sponsorships.

The G token is the native utility token of both the Gravity and Galxe ecosystems, playing a crucial role in the network's operation and security. As a gas token, G powers all transactions within the Gravity network, meaning it is used to pay for transaction fees when sending assets or executing smart contracts. Additionally, G facilitates governance decisions, allowing holders to participate in votes on protocol changes, thereby influencing the network's future.

Another major function of the G token is to promote growth within the ecosystem. By staking G tokens, participants contribute to the security of the network and receive rewards for their commitment. Moreover, G is used for payments within the Galxe ecosystem, such as accessing premium features and services within applications like Quest, Passport, and Score.

Below are five features that make Gravity truly unique:

  • Omnichain settlement layer: Gravity acts as an omnichain settlement layer, enabling seamless cross-chain transactions. Users can effortlessly transfer digital assets and data between different blockchain networks without the usual complexity or delays.
  • Restaking: Gravity combines native G token staking with restaking protocols like Babylon and EigenLayer, creating a multilayered security system. This allows staked tokens to be used for multiple security purposes, significantly enhancing the network's overall robustness and resilience.
  • Integration of secp256r1 curve: Gravity introduces cryptographic features like the "secp256r1 curve" through precompiled contracts, enabling cost-efficient passkey authentication for Account Abstraction wallets. This increases both security and ease of use for end users.
  • Galxe's comprehensive Web3 tools: Through deep integration with the Galxe ecosystem, including products like Quest, Passport, Score, Compass, and Alva, Gravity offers an all-encompassing platform for advanced and user-friendly applications. This collaboration enhances the capabilities for Web3 exploration and self-sovereign digital identity management.
  • Use of advanced technologies: Gravity integrates Reth as a fast execution layer and Jolteon (AptosBFT) as a consensus algorithm, resulting in high transaction speeds and near-instant finality. This combination of advanced technologies offers a scalable and efficient blockchain, designed for the demands of modern applications.

You can buy Gravity (G) at Bitvavo, a Dutch crypto exchange suitable for both beginners and experienced traders. Follow these steps to purchase G via our website or app:

  1. Register or log in to your Bitvavo account.
  2. Deposit funds by clicking "Deposit" to add euros to your account.
  3. Go to the Gravity (G) purchase page.
  4. Enter the amount you want to invest in euros or the number of G tokens you wish to acquire and click "Buy".

You can securely store your Gravity (G) tokens in your Bitvavo account. Bitvavo keeps the majority of customer funds in secure offline cold storage, providing a high level of security against online threats. Though our security measures are stringent, we recommend enabling two-factor authentication (2FA) for additional protection.

If you choose to store your G tokens in an external wallet, many reputable software and hardware wallets support Gravity (G). To send your G tokens to an external wallet, first verify the wallet address in your Bitvavo account. After that, you can easily transfer the tokens, giving you full control over your digital assets.

* This is for informational purposes only and is not advice, nor should it be relied upon as such.

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Trading digital assets involves significant risks. Digital assets are highly volatile and you may lose some or all of your investment. The information on this page does not constitute advice, and should not be relied upon as such. Bitvavo is authorized as a crypto-asset service provider under Regulation (EU) 2023/1114 (MiCA) by the Autoriteit Financiële Markten (AFM), Vijzelgracht 50, 1017 HS Amsterdam. More info can be found in our Risk Disclosure.

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