GLITCH is a layer-one protocol built on the Substrate Framework. It is designed to be fast, interoperable, and blockchain-agnostic, with a focus on trustless money markets and decentralized financial applications (DeFi dApps). GLITCH utilizes a decay Nominated Proof of Stake system to prevent any individual from gaining control of the network.

One of GLITCH's key benefits is its unique revenue sharing model, which aims to address the expensive fee structure of other blockchain platforms. The protocol rewards ecosystem participants and ensures low network fees, making it appealing to developers and users. GLITCH also plans to incorporate token wrapping bridges to enhance the efficiency of dApps, all in pursuit of its goal to become a cornerstone of blockchain infrastructure.

Some benefits of GLITCH for developers and users include low network fees, high throughput, low latency, token wrapping bridges, interoperability with different blockchains, a revenue sharing mechanism, a reliable and efficient protocol for money market dApps, and modularity for flexibility and scalability in development.

The team is actively working on implementing full mainnet network functionality.