• 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

XYZVerse Ensures Security and Sustainability in Token Economy

chest

XYZVerse has implemented institutional-grade security measures and a sustainability initiative to ensure long-term value for its token holders.

user avatarLucas Weissmann

XYZVerse Revolutionizes Esports with Utility-Driven Ecosystem

chest

XYZVerse is set to disrupt the $160 billion esports industry by creating a utility-driven ecosystem that bridges competitive gaming and blockchain technology.

user avatarFilippo Romano

Aave Yield Mode by Tangem Simplifies Access to DeFi

chest

Aave Yield Mode by Tangem provides users with a straightforward way to earn yield through Aave without leaving their wallet.

user avatarEmily Carter

Bitcoin's Volatility Indicators Signal Potential Market Shift

chest

Bitcoin's volatility metrics indicate potential for sharp price changes due to historical compression.

user avatarMaya Lundqvist

Mutuum Finance Introduces V1 Protocol on Sepolia Testnet.

chest

Mutuum Finance has launched its V1 protocol, allowing users to test lending and borrowing features on the Sepolia testnet.

user avatarKaterina Papadopoulou

Dagestan Faces Ongoing Challenges with Illegal Cryptocurrency Mining

chest

Dagestan faces ongoing challenges with illegal cryptocurrency mining despite a complete ban enforced by Russian authorities since January 1, 2025.

user avatarTomas Novak

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.