• 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

Litecoin Celebrates 14th Anniversary with Launch of First US Spot ETF

chest

Litecoin is celebrating its 14th anniversary with the launch of its first US spot ETF on Nasdaq, under the ticker LTCC. This milestone highlights Litecoin's growth and increasing institutional trust in the cryptocurrency space.

user avatarNguyen Van Long

Senate Passes Stopgap Bill to Prevent Government Shutdown

chest

The U.S. Senate has successfully passed a stopgap funding bill aimed at averting a government shutdown, providing temporary fiscal relief.

user avatarJesper Sørensen

SOOHOIO and Avail Join Forces to Enhance Korean Stablecoin Ecosystem

chest

SOOHOIO and Avail have entered a strategic partnership to enhance the Korean Won stablecoin ecosystem and global payment infrastructure.

user avatarSatoshi Nakamura

Zama and PyratzLabs Launch Zaiffer with $2M Investment

chest

Zama and PyratzLabs have announced a joint venture, Zaiffer, aimed at creating confidential tokens for decentralized finance.

user avatarRajesh Kumar

Smart Money Traders Increase Bitcoin Positions

chest

Smart money traders have increased their net long positions in Bitcoin by over $85 million in the past 24 hours, reflecting growing optimism in the market.

user avatarLucas Weissmann

Tezos Explores New Frontiers in Gaming and Tokenization

chest

Tezos is exploring new frontiers in gaming, art, and tokenizing real-world assets.

user avatarEmily Carter

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.