PROJECTS

GLEIPNER

Gleipner is an ethereum-based initiative, which enables transactions on a supportive side-chain of both ETH and ERC20 tokens from Ethereum mainnet.

High speed

Easy & transparent integration

Predefined low transaction cost

High speed

Easy & transparent integration

Predefined low transaction cost

High speed

Easy & transparent integration

Predefined low transaction cost

High speed

Easy & transparent integration

Predefined low transaction cost

ETHEREUM TRANSACTIONS AT FIXED LOW PRICES & FAST SPEEDS.

We built an alternate ETH network with fewer transaction fees and a high transaction speed while still giving the features of ETH wallet and ETH balance to the users.

We planned a layer-2 solution on Ethereum. If you have 1 ether, you can use a g-bridge to convert it into the Gleipner network and you can spend these within the network.

This solution also solves another thing: in ETH you pay gas fees so you pay two fees (app fees + gas fees). There is no gas fee in the Gleipner Blockchain network. We took Ethereum and we customized it to change the fee and consensus mechanism (ETH uses POF and we implemented the IBF network which is much faster).

ETHEREUM TRANSACTIONS AT FIXED LOW PRICES & FAST SPEEDS.

We built an alternate ETH network with fewer transaction fees and a high transaction speed while still giving the features of ETH wallet and ETH balance to the users.

We planned a layer-2 solution on Ethereum. If you have 1 ether, you can use a g-bridge to convert it into the Gleipner network and you can spend these within the network.

ETHEREUM TRANSACTIONS AT FIXED LOW PRICES & FAST SPEEDS.

We built an alternate ETH network with fewer transaction fees and a high transaction speed while still giving the features of ETH wallet and ETH balance to the users.

We planned a layer-2 solution on Ethereum. If you have 1 ether, you can use a g-bridge to convert it into the Gleipner network and you can spend these within the network.

ETHEREUM TRANSACTIONS AT FIXED LOW PRICES & FAST SPEEDS.

We built an alternate ETH network with fewer transaction fees and a high transaction speed while still giving the features of ETH wallet and ETH balance to the users.

We planned a layer-2 solution on Ethereum. If you have 1 ether, you can use a g-bridge to convert it into the Gleipner network and you can spend these within the network.

JOURNEY

Problem: The ETH network has a high transaction fee and slow speeds. It is an energy-intensive proof of work blockchain with low speedy capability which makes it less efficient than other blockchains. Gleipner wanted to utilize this as an opportunity to build an alternate Ethereum network that’d provide the consumers with a solution to these problems.

Our solution: Our aim was to build an alternate ETH network with fewer transaction fees and a high transaction speed while still giving the features of ETH wallet and ETH balance to the users. Our solution for Gleipner is a layer-2 solution on Ethereum. If you have 1 ether, you can use a g-bridge to convert it into the Gleipner network and you can spend these within the network. Our solution also solves another thing: in ETH you pay gas fees so you pay two fees (app fees + gas fees). There is no gas fee in the Gleipner Blockchain network. We took Ethereum and we customized it to change the fee and consensus mechanism ( ETH uses POF and we implemented the IBF network which is much faster).

RESULTS

Results: Here’s a sneak peek of activities taking place on Gleipner. An average block time = 15 seconds Total transactions= 3,510 Total blocks = 3,654,611 Wallet addresses = 651

TECHNOLOGIES

We used the following technologies in the development of Gleipner Exchange: Solidity, Python, Next Framework, Shell, Docker, Nix, TS, Web3, Wallet Connect, Hardhat, Jest, Cache Server, GraphQL, NodeJS, & TS.

Team Behind

GLEIPNER

The team that made it all possible

Know more about our team

MANAGERS

Our Project Managers act as consultants, allocating the right personnel, processes, and resources to bolster team effectiveness and efficiency.

DEVELOPERS

Our development team performs work sprints as per the requirements provided by the Product Owner and coordinated by the Scrum Master.

DESIGNERS

Our designers are responsible for creating the design vision and drive the design direction for the experience that a customer will have when engaging with the product.

LEADS

Our Tech Leads provide technical support and guidance to the team throughout the project and help them solve roadblocks and issues.

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