• 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

Binance Wallet Integration Enhances Adoption of Stablecoin U

chest

The integration of stablecoin U into Binance Wallet provides a significant boost for its adoption.

user avatarMaria Gutierrez

Stablecoin U Solves Liquidity Fragmentation Issues

chest

The stablecoin U acts as a liquidity aggregator, simplifying the DeFi experience by pooling liquidity from major stablecoins.

user avatarArif Mukhtar

United Stables Promises Innovative Features for Stablecoin U

chest

United Stables has announced a roadmap filled with user-centric innovations for its stablecoin U, including gas-free transfers and AI-powered autonomous payments.

user avatarAndrew Smith

PEPE Token Experiences Significant Price Decline

chest

PEPE token has experienced a significant price decline, dropping approximately 13% over the past week, reflecting bearish market sentiment.

user avatarDavid Robinson

Kaito Kickstarter Projects Face Alarming FDV Decline After Token Launch

chest

Recent reports indicate a significant decline in Fully Diluted Valuation (FDV) for Kaito Kickstarter projects after their Token Generation Event (TGE), raising concerns among investors about early-stage crypto valuations.

user avatarJacob Williams

Possible Risks Associated with BNB Price Predictions.

chest

While the potential for high returns exists, there are significant risks involved in BNB price predictions.

user avatarAisha Farooq

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.