GateChain [boasts] a block time of just 4 seconds and can achieve up to 2,745 [transactions per second] (TPS), while offering low gas fees of as little as $0.0001 per transaction.
Developers can create and deploy their own smart contracts on the GateChain network, which provides a vast array of potential use cases.
To encourage developers to migrate their Ethereum dApps to GateChain, GateChain introduced an 'EVM account' type and expanded the account system. The platform also supports Ethereum's 0x address, which allows users to run their assets on both networks using the same address without having to create a new account on GateChain.