Curated News
By: NewsRamp Editorial Staff
November 07, 2024

Waterfall Network Achieves Record-Breaking 12,778 TPS on Mainnet

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Source News Release

TLDR

  • Waterfall Network achieves a groundbreaking milestone by delivering 12,778 transactions per second on its mainnet, surpassing other EVM-compatible and non-EVM Layer 1 and Layer 2 networks.
  • Waterfall Network's mainnet reached 12,778 TPS in three tests, supported by 8,232 validators, and integrates with Chainspect for independent analytics.
  • Waterfall Network's scalability and decentralization contribute to a better blockchain world, allowing for more efficient and reliable transaction processing, and potentially unlimited scalability for dAPPs.
  • Waterfall Network's unique protocol using Directed Acyclic Graph (DAG) technology allows for virtually unlimited scalability and portability of decentralized applications (dAPPs), with potential rewards for researchers and developers.

Impact - Why it Matters

This news matters as it demonstrates the remarkable scalability of Waterfall Network, setting a new standard for decentralized and scalable ledgers. The achievement has significant implications for the future of blockchain technology and decentralized applications (dApps), providing a solution for security, scalability, and decentralization to help dApp developers change the world.

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. The current mainnet is supported by 8,232 validators, nearly four times more than during the testnet phase, ensuring efficient and reliable transaction processing.

Source Statement

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

blockchain registration record for the source press release.