Somnia Tests 400k Transactions per Second Blockchain Capability

user avatar

by Giorgi Kostiuk

2 years 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.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Hut 8 Wins Bid for Poolin's Texas Datacenter Sites

Hut 8 has successfully bid $140 million for two datacenter sites owned by the bankrupt mining company Poolin.

user avatarLucas Weissmann

Senate Banking Committee Democrats Request Hearing on Prediction Markets

Democratic members of the Senate Banking Committee request a public hearing to examine the growing issue of prediction markets and their regulatory implications.

user avatarFilippo Romano

Crypto Economic Activity Remains Strong Despite Market Downturn

Crypto economic activity has shown resilience despite a significant drop in market capitalization, indicating a shift in market dynamics.

user avatarEmily Carter

Visa's Research Highlights Trust as a Barrier to Stablecoin Adoption

Visa's research highlights that trust and fraud protection are essential for stablecoin adoption, with 36% of US respondents considering their use, especially with bank-level protections.

user avatarTomas Novak

Cardano's Onchain Governance Approves New Treasury Allocations

Cardano's governance system has approved a new round of treasury allocations aimed at infrastructure and ecosystem development.

user avatarKaterina Papadopoulou

Galaxy Invests $100 Million in Onchain Credit Infrastructure

Galaxy has invested $100 million in Sky Protocol's yield-bearing sUSDS, integrating it into its corporate treasury and allowing it as collateral for institutional trading.

user avatarMaya Lundqvist

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.