• 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.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

David Bailey Discusses Challenges of Bitcoin Adoption in Government

chest

David Bailey discusses the political challenges of Bitcoin adoption in government, emphasizing the need for a budget-neutral approach and the impact of increased Bitcoin ownership on pro-Bitcoin policies.

user avatarAyman Ben Youssef

Robinhood Platinum Card vs. Gold Card: What's the Difference?

chest

The Robinhood Platinum Card offers enhanced benefits compared to the Gold Card.

user avatarKofi Adjeman

Robinhood Unveils Premium Platinum Card for Travelers

chest

Robinhood has launched its Platinum Card, a premium credit card for travelers, offering significant rewards and benefits.

user avatarTando Nkube

US Senate Rejects Resolution to Limit Military Authority Amid Prediction Market Scrutiny

chest

The US Senate rejected a bipartisan resolution to limit President Trump's military authority regarding Iran, amid concerns over prediction markets that profit from military actions.

user avatarNguyen Van Long

Senator Murphy Calls for Ban on Prediction Markets Amid Insider Trading Allegations

chest

Senator Chris Murphy calls for a ban on prediction markets amid allegations of insider trading related to bets placed before US strikes on Iran.

user avatarSatoshi Nakamura

Solana Faces Resistance and Support Levels

chest

Solana's price is encountering resistance near the 92 level, with key support levels identified.

user avatarJesper Sørensen

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.