Hong Kong, China, May 23rd, 2025,
Chainwire
The Gigachain Protocol unlocks complex, high-computation
use cases previously impossible on traditional blockchain
architectures.
Gigachain Labs, a new Layer 1
blockchain built for true scalability and pre-seeded by Presto Labs
and incubated by the Telos Foundation, announces its protocol:
Gigachain, a SNARK-based protocol that enables trustless parallel
execution. The protocol is the first to achieve decentralized,
permissionless, non-conflicting concurrent transactions processing
while preserving security guarantees and state
consistency.
Historically, traditional blockchains are designed to process
transactions sequentially, also requiring each validator to execute
the whole chain’s throughput. This has throttled the performance of
all chains, making true scaling beyond simple transactions
extremely challenging to achieve. Chains have reacted by offloading
computation to off-chain solutions at the expense of
decentralization, security, and user experience.
With trustless parallel execution, Gigachain reframes how the
blockchain ecosystem considers throughput. Today's focus is on
transaction speed, or TPS. What Gigachain enables with parallel
execution is not just transaction speed, but transaction weight.
Instructions per Second (IPS) is a measurement of how much
computation a blockchain can handle. Gigachain is built to achieve
over 61 billion IPS – or a +500x improvement compared to a
multi-thread execution model like Solana’s one and over 10000x
compared to a fully sequential model like the one used by Ethereum.
Gigachain achieves this by using zk-SNARKs to enable decentralized,
parallel transaction processing. The result is a blockchain that is
capable of handling complex, high-weight computational tasks at
scale, unlocking a new era of blockchain scalability, performance,
and use case expansion.
Gigachain’s new protocol organizes transactions into
non-conflicting batches, which are executed and proven in parallel,
distributing execution across multiple decentralized entities.
These batch proofs are aggregated into a single proof that
validates the entire block. As a result, the protocol both
trustlessly distributes the execution workload and removes
redundant re-execution from the network, improving blockchain
throughput while not sacrificing decentralization.
“Today’s blockchain scaling conversations are focused
on theoretical TPS numbers, but they miss the real problem,” said
Alberto Garoffolo, CTO of Gigachain. “The world’s computation runs
in parallel — across millions of machines, cores, and actors.
Blockchain can’t remain sequential and expect to scale. Gigachain
makes trustless parallel execution finally possible.”
By solving decentralized computation scaling, Gigachain
positions itself as critical infrastructure for the future of
blockchain applications. Gigachain is founded by former leaders of
IOHK and Telos Foundation venture arm, including Alberto Garoffolo,
former Head of ZK at Telos, CTO at Horizen, and Head of Engineering
(Midnight) at IOHK—recognized for his pioneering work on zk-SNARKs,
recursive proofs, and decentralized blockchain scaling
architectures. The team includes technical leaders like Paolo
Tagliaferri, Ljubiša Isaković, Marco Olivero, Daniele Di
Tullio, and Momčilo Miladinovićand.
Garoffolo revealed Gigachain’s new protocol during a live
presentation at zkSummit13 on May 12, 2025.
About 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. Gigachain’s testnet
is expected to launch in 2025, with mainnet targeted for 2027.
Gigachain’s testnet is expected to launch in 2026, with mainnet
targeted for 2027.
For more information, users can visit: www.gigachain.com
Contact
Publicist
Ryleigh
Ebron
ryleigh@serotonin.co
