01
Abstract
GTBS Chain is a high-performance Layer 1 blockchain built on Delegated Proof of Stake (DPoS) consensus. It delivers 50,000+ transactions per second, sub-second block finality and an average transaction cost of $0.0001 — while remaining fully compatible with the Ethereum Virtual Machine.
This paper describes the architecture, consensus algorithm, tokenomics and security model that underpin GTBS. We argue that DPoS, when combined with BFT finality, modern execution engines and an ecosystem-first product approach, is the most viable path to onboarding the next billion users to Web3.
02
Introduction
Web3 today suffers from a fragmented user experience. Users must juggle multiple chains, multiple wallets, expensive gas, slow confirmations and complex interfaces. The promise of decentralised ownership has been buried under technical friction.
GTBS Chain solves this from the ground up. A single Layer 1 with the throughput of a credit-card network, paired with a complete vertical product stack — wallet, exchange, NFT marketplace, social, gaming and cloud — designed for mainstream adoption.
03
Consensus — Delegated Proof of Stake
GTBS uses a variant of DPoS combined with BFT finality. Token holders elect 21 super-nodes which take turns producing blocks. An additional 99 backup validators stand ready, replacing super-nodes that go offline or behave maliciously.
Block finality is achieved when 2/3 of super-nodes sign a block, typically within 400 milliseconds. Slashing conditions punish double-signing and prolonged unavailability, while honest behaviour is rewarded via inflationary block rewards and transaction fees.
04
Virtual Machine
GTBS implements an EVM-equivalent execution environment with optimisations for parallel execution. Independent transactions are detected via static analysis and executed concurrently, multiplying throughput on multi-core hardware.
05
Tokenomics
Total supply is fixed at 300 Cr (3,000,000,000) GTBS. 150 Cr is premined and distributed across ecosystem, foundation, team, public sale, advisors and marketing — all subject to on-chain vesting schedules.
The remaining 150 Cr is emitted as block rewards over 10 to 20 years, with a halving every 4 years. A fraction of every transaction fee is permanently burned, creating deflationary pressure that increases with adoption.
See the full Tokenomics page for the complete breakdown.
06
Governance
All protocol upgrades, parameter changes and treasury actions are decided on-chain. Voting power is proportional to staked GTBS, with delegators inheriting their validator's vote unless they explicitly override it.
07
Security & Audits
The GTBS Chain core protocol and all official contracts have been audited by leading firms. Audits and disclosures are public on the Audit Reports page. A continuously-running bug-bounty program offers up to $250,000 for critical vulnerabilities.
08
Roadmap
From testnet to mainnet to a complete consumer stack, our roadmap spans 2025 through 2030. See the live roadmap for milestones.
09
References
Full citations and bibliography are available in the downloadable PDF.