• 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

Zcash ZEC Gains Attention as a Leading Privacy Coin

chest

Zcash ZEC is gaining attention for its privacy features and recent market performance, currently trading around $41.66 with an 11.8% increase over the past 24 hours.

user avatarMaria Fernandez

Pepe PEPE Remains a Strong Contender in the Memecoin Market

chest

Pepe PEPE continues to hold its ground among retail traders despite market volatility.

user avatarRajesh Kumar

Arbitrum Sees Renewed Investor Interest Amid Market Recovery

chest

Arbitrum is gaining attention from investors as it shows signs of recovery after a period of sideways trading.

user avatarKenji Takahashi

The Importance of Durable Power of Attorney in Financial Planning

chest

A Durable Power of Attorney (DPOA) is essential for managing financial affairs in case of incapacity.

user avatarMaria Fernandez

Bitcoin Cash Shows Steady Momentum Amid Market Corrections

chest

Bitcoin Cash (BCH) is currently trading at approximately $491.85, showing a modest uptick of 2.59% despite recent market corrections.

user avatarLuis Flores

Block Introduces Bitcoin Payments for Millions of Merchants

chest

Jack Dorsey's Block has launched Bitcoin payments for over 4 million merchants through the Lightning Network, allowing for low-cost, instant transactions.

user avatarArif Mukhtar

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.