• 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

Traditional Banks Consider Legal Action Against OCC Over Crypto Licenses

chest

The traditional banking sector in the U.S. is considering legal action against the OCC over federal licenses granted to crypto firms.

user avatarJacob Williams

Pi Coin Surges Amid Bitcoin Price Correction

chest

Pi Coin has experienced significant price gains while Bitcoin faces a correction.

user avatarZainab Kamara

Strategy Makes Largest Bitcoin Purchase in Over a Month

chest

Strategy made a significant investment in Bitcoin, acquiring 128 billion worth last week.

user avatarSon Min-ho

SUI's Future Direction Hinges on BTC Pair's RSI Trendline

chest

SUI is at a critical decision point as analysts monitor the RSI trendline on its BTC pair, which may lead to bearish momentum or a short-term rebound.

user avatarAyman Ben Youssef

BRICS Alliance Takes Bold Steps Against US Dollar Dominance

chest

The BRICS alliance is taking significant steps to challenge the supremacy of the US dollar following sanctions imposed on Russia by the White House.

user avatarKofi Adjeman

BRICS Currency Ambitions Stalled by US Tariff Threats

chest

The BRICS alliance's currency ambitions were stalled due to tariff threats from the Trump administration, impacting their export businesses.

user avatarTando Nkube

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.