Gala Games, one of the altcoin gaming projects, has announced its latest initiative called Galaswap. It is reported that Galaswap will be a decentralized exchange.
Gala claims that the decentralized exchange it will deploy can handle more than 2 million transactions per second thanks to its horizontally scalable layer 1 chain and the network supported by 43,000 user-operated nodes.
The price of GALA seems to have reacted positively to this development. After the announcement of the project, the altcoin’s price surged over 7%.
According to Jason Brink, Gala’s Blockchain Director, the decentralized cryptocurrency exchange will empower users in a faster and more flexible environment.
