• 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

StarGate 2.0 Launches with Hayabusa Upgrade to Enhance Staking

chest

StarGate 2.0 launches with the Hayabusa upgrade, enhancing staking through improved metrics and tiered economic nodes.

user avatarMaya Lundqvist

Hayabusa Upgrade Transforms Staking Mechanisms on VeChain

chest

The Hayabusa upgrade redefines VeChain's two-token system and introduces an activity-based model for earning rewards.

user avatarKaterina Papadopoulou

VeChain Successfully Launches Hayabusa Upgrade on Mainnet

chest

VeChain has successfully activated its Hayabusa upgrade on the mainnet, marking a significant evolution in its blockchain.

user avatarTomas Novak

IPO Genie Sponsors Major Boxing Event in Dubai

chest

IPO Genie sponsors a Misfits Boxing event in Dubai, linking crypto with cultural events and enhancing visibility.

user avatarLeo van der Veen

Cysic Foundation Notifies Users About Security Measures.

chest

The Cysic Foundation has issued warnings to users regarding security measures and the importance of using official links.

user avatarLi Weicheng

Daniel Adeluyi Makes History as First Nigerian Semifinalist in Breakthrough Junior Challenge

chest

Daniel Adeluyi, a young Nigerian student, has made history by becoming the first Nigerian to reach the semifinals of the prestigious Breakthrough Junior Challenge.

user avatarTenzin Dorje

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.