• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Somnia Launches Devnet: Up to 400,000 Transactions per Second

user avatar

by Giorgi Kostiuk

a year ago


Somnia, a next-generation blockchain platform, has officially launched its Devnet, offering unprecedented access to a high-speed blockchain capable of handling up to 400,000 transactions per second for both Web3 users and developers.

Performance and Capabilities of Somnia Devnet

Somnia's Devnet provides users and developers a firsthand look at the platform’s real-time capabilities, opening up new possibilities for decentralized applications across various sectors like gaming, social finance, DeFi, and metaverse interactions. The platform is capable of sustaining over 400,000 transactions per second with finality in less than a second, regardless of network demand.

Platform Features and Technical Details

Somnia employs a unique architecture and technological innovations that keep transaction fees under a cent. Its blockchain uses a proprietary database allowing ultra-fast read and write speeds between 15 to 100 nanoseconds and enhances data transfer rates between nodes by 10 to 20 times. Full compatibility with the Ethereum Virtual Machine ensures developers can build reactive applications within Solidity.

Future Plans and Program Initiatives

Somnia has opened applications for its first developer cohort, inviting participants to build and test on its network. Accepted participants will benefit from a $10 million grant program for technical guidance and support. The Devnet will allow users to interact with an initial lineup of decentralized applications including a DEX, NFT platforms, and games using Somnia Test Tokens acquired through a faucet.

Somnia envisions its blockchain as the key to an on-chain future, where data and applications integrate seamlessly with blockchain technology. By offering rapid transaction speeds and negligible fees, Somnia creates opportunities for Web3 developers and users, revolutionizing the blockchain space with unmatched speed, efficiency, and scalability.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Trump Media Executes Massive Bitcoin Transfer

chest

A cryptocurrency wallet linked to Trump Media executed a massive transfer of 2,000 Bitcoin worth approximately $174 million to an unknown destination, raising questions about its purpose.

user avatarLi Weicheng

QuarkChain Investigates Disk IO Costs to Improve Blockchain Scalability

chest

QuarkChain's research focuses on understanding disk IO costs for KV lookups to enhance blockchain scalability.

user avatarAisha Farooq

Details of the NFT Fraud Scheme Revealed

chest

The NFT fraud scheme orchestrated by a South Korean cryptocurrency CEO deceived around 30 investors out of over 3 billion won (about 22 million USD) through false promises and celebrity endorsements.

user avatarTenzin Dorje

Regulatory Response to Cryptocurrency Misconduct Intensifies

chest

The sentencing of the South Korean cryptocurrency CEO marks a significant moment in the country's approach to NFT fraud and financial crimes in the digital asset space.

user avatarBayarjavkhlan Ganbaatar

South Korean Crypto CEO Sentenced to Seven Years for NFT Fraud

chest

A South Korean cryptocurrency CEO has been sentenced to seven years in prison for orchestrating a massive NFT fraud scheme that deceived investors out of approximately 22 million USD.

user avatarMohamed Farouk

Heybit Users Advised to Prepare for Shutdown

chest

Heybit users are advised to take proactive steps to manage their assets before the platform's shutdown on January 30, 2026.

user avatarDiego Alvarez

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.