$pGALA: What Happened and the Dangers of Decentralization

Now, with the videos out of the way, on to the meat of the issue surrounding pGALA and pNetwork. This is our only official statement on this issue.

The whole saga started when we were put in touch with pNetwork by a partner at a major exchange in mid-2021. pNetwork said they were going to create a bridge for GALA over to BNB Chain. Given that this is the decentralized future, there really wasn’t anything we could do to stop them, so they went ahead and built the bridge. Ironically, the bridge isn’t the issue here. While the last few months have been filled with breaches and bridge drains, that isn’t what happened here.

You can learn more about pNetwork at https://p.network/

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