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

Somnia Tests 400k Transactions per Second Blockchain Capability

user avatar

by Giorgi Kostiuk

a year ago


Somnia promises to revolutionize the blockchain world with impressive internal test results, achieving over 400,000 transactions per second at minimal cost.

Somnia's Innovation and Technology

The network's high speed comes from advanced technology, including a custom IceDB database, compression methods, and a Multistream Consensus system. Developers can use familiar Ethereum tools due to full EVM compatibility.

Opportunities for Developers

Somnia opens public testing of its devnet where users can try decentralized applications like DEX, NFTs, and games using STT test tokens. There's a $10 million grant program for developers.

Partnerships and Infrastructure

The company has partnered with Ankr, Hemera, and thirdweb, ensuring stable operation and support for developers from infrastructure to app creation.

Hemera is excited to announce the first high-performance EVM-compatible L1 partner @Somnia_Network, providing programmable and verifiable data infrastructure.Hemera

Somnia's public Devnet is more than just a testing ground. It's a means to gain real-world feedback and fine-tune technology for faster, cheaper, more accessible blockchain operations.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

HBAR Price Experiences Significant Drop Despite Institutional Developments

chest

HBAR price drops by 24% despite institutional developments and increased trading volumes.

user avatarTomas Novak

Rising Bitcoin Liveliness Indicates Mature Bull Market

chest

Bitcoin's liveliness indicator is on the rise, suggesting a continued bull market as long-term holders redistribute their assets.

user avatarKaterina Papadopoulou

Japan's Frustration with US Over Taiwan Tensions

chest

Japan expresses frustration with the US over its silence on escalating tensions with China regarding Taiwan, highlighting geopolitical strains.

user avatarLeo van der Veen

Unverified Surge in Web3 Employment on DeJob

chest

DeJob, a Chinese Web3-focused job platform, has reportedly seen a rise in job seekers, indicating a notable shift in interest towards Web3 employment. However, this surge remains unverified as there are no official announcements or primary sources confirming this significant increase.

user avatarAisha Farooq

Industrywide Increase in Web3 Hiring Rates

chest

There is a notable increase in Web3-related hiring across the industry, driven by demand for specialized roles in smart contracts and compliance.

user avatarLi Weicheng

Unverified Claims of ChatGPT's Crypto Picks Cause Controversy

chest

Recent reports allege that ChatGPT has selected AVAX and SOL for significant growth by 2025, but OpenAI has not confirmed these claims.

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.