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

Somnia Sets New Standards for Blockchain Technology

user avatar

by Giorgi Kostiuk

a year ago


Somnia, a Layer-1 blockchain designed for high-demand consumer applications, demonstrated its capabilities during Devnet testing. The tests showed Somnia’s ability to handle up to 1.05 million ERC-20 token transfers per second.

Devnet Testing: Superior Results

One of the highlights of the Devnet testing was processing 300,000 NFT mints per second with blocks formed every 100 milliseconds. To simulate real-world conditions, the Devnet used 100,000 accounts to execute random transactions, achieving 50,000 Uniswap trades per second.

Our technology is designed to support the demanding requirements of high-performance dApps while maintaining exceptional performance and cost-efficiency, and these impressive results validate our approach. We’re opening the door to a new era of fully on-chain applications, where speed and scalability are no longer barriers for developers.Paul Thomas, Founder and CEO of Somnia

Technology and Infrastructure

Somnia utilized powerful infrastructure distributed across many data centers, with machines featuring up to 32 vCPUs and 120GB of RAM, showcasing AMD EPYC and Intel Xeon processors of the fourth and fifth generation. Key performance metrics include: 1.05 million TPS for ERC-20 transfers, 300,000 NFT mints per second, 50,000 Uniswap trades per second, 100ms block time, and 100 test nodes in diverse locations.

The Future of Somnia and Web3

With the public testnet launch on the horizon, Somnia is set to showcase its blockchain capabilities to developers and the community. This marks a significant advancement in web3 technology and opens new opportunities for innovative application development. Somnia’s ecosystem is committed to maintaining steady performance gains, aiming for even faster transaction rates and lower latency in future iterations.

Somnia demonstrates outstanding efficiency and economy, positioning itself as a leading EVM Layer-1 blockchain. With its unique technology achieving over 1 million transactions per second, Somnia opens new possibilities for scalable applications in gaming, social networks, fintech, and more.

chest
chest
chest

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

China's New Digital Payment System Aims to Challenge US Dollar

chest

China is developing a digital payment infrastructure to facilitate cross-border trade without relying on the US dollar, aiming for dedollarization and financial sovereignty.

user avatarLuis Flores

Emergence of New Luddite Movement Against AI Data Centers

chest

Tennessee state Rep Justin Pearson has emerged as a leading voice in the New Luddite movement, advocating for moratoriums on data centers and stricter oversight of AI technology.

user avatarArif Mukhtar

Nationwide Protests Against AI Data Centers Lead to Arrests

chest

At least 37 individuals have been arrested during protests against AI data centers across the United States this year.

user avatarMaria Gutierrez

Coinkite's Technical Analysis Reveals Coldcard Vulnerability

chest

Coinkite published a technical backgrounder explaining the vulnerability that led to the Bitcoin theft from Coldcard wallets.

user avatarDavid Robinson

Cardano ADA Sees Notable Price Surge.

chest

Cardano ADA has experienced a significant price rally, with a 62% increase in the last 24 hours, driven by community support and whale accumulation.

user avatarAndrew Smith

Bitmine Immersion Technologies Increases Its Ethereum Assets.

chest

Bitmine Immersion Technologies has purchased an additional 10,399 ETH, bringing its total to 5,797,813 ETH.

user avatarJacob Williams

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.