Curated News
By: NewsRamp Editorial Staff
November 06, 2024

Waterfall Network Achieves Groundbreaking Milestone with 12,778 TPS on Mainnet

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Source News Release

TLDR

  • Waterfall Network delivers a groundbreaking 12,778 TPS, surpassing other EVM-compatible and non-EVM networks.
  • Waterfall Network utilizes a next-generation Directed Acyclic Graph (DAG) technology for virtually unlimited scalability and portability of dAPPs.
  • Waterfall Network's scalability and decentralization aims to provide security and support dAPP developers in changing the world.
  • Waterfall Network's integration with Chainspect and support from Google Cloud Web3 Startup Program make it the most decentralized and scalable network.

Impact - Why it Matters

This news matters because it signifies a significant advancement in blockchain technology, showcasing Waterfall Network's exceptional scalability and decentralization. The achievement has the potential to impact the future of decentralized applications (dApps) and the scalability of blockchain networks, offering increased opportunities for developers and validators.

Summary

Waterfall Network, the most innovative layer one (L1) decentralized and scalable ledger, has achieved a groundbreaking milestone by delivering 12,778 transactions per second (TPS) on its mainnet. Recent benchmarks highlight Waterfall Network's exceptional scalability among both EVM-compatible and non-EVM Layer 1 and Layer 2 networks, surpassing other networks such as Solana and Aptos. The current mainnet is supported by 8,232 validators, nearly four times more than during the testnet phase, ensuring efficient and reliable transaction processing. Waterfall Network has also been accepted into Hyperledger Labs’ prestigious GitHub space, allowing open-source blockchain projects to gain credibility and access a global community of experts.

Source Statement

This curated news summary relied on this press release disributed by BlockchainWire. Read the source press release here, Waterfall Network Achieves Groundbreaking Milestone with 12,778 TPS on Mainnet

blockchain registration record for the source press release.