Somnia has introduced its Developer Network (Devnet), which allows developers and users of Web3 to utilize its advanced blockchain technology. Somnia is described as a powerful platform for on-chain applications, specifically for games, decentralized finance (DeFi), social finance (SocialFi), and metaverse projects that cater to a large consumer base.
During internal testing, Somnia's Devnet has shown the capability to handle an impressive 400,000 transactions per second (TPS) and finalize transactions in less than a second. Additionally, the cost of transactions stays under one cent, even when the network is experiencing high levels of activity.
Somnia's success is attributed to improvements in how tasks are carried out, data storage, communication between nodes, and reaching agreements. The platform's database allows for fast reading and writing operations, with a latency reduction of up to 100 nanoseconds. Additionally, the advanced networking capabilities enable the transmission of 10 to 20 times more data between nodes.
Additionally, developers can take advantage of full EVM compatibility to utilize tools and programming languages they are already familiar with in order to create decentralized applications that need to be responsive in real-time.
Additionally, Somnia enables immediate responses to events happening on the blockchain within Solidity, paving the way for decentralized applications such as interactive games and live event platforms. This feature aims to improve user experience and expand the range of applications that can be successfully implemented on the blockchain.
Somnia is offering a $10 million grant to support developers in building a strong developer community. They are inviting developers to apply for whitelisting to be part of the initial group of developers. The grant program will provide funding, technical assistance, and strategies to help developers succeed in the market.
Ankr is one of the initial infrastructure partners that will offer Remote Procedure Call (RPC) services to improve the network's connectivity and reliability.
Hemera's Social Scan will provide support for the block explorer, enabling users to keep track of transactions on the blockchain. In addition, thirdweb will provide resources for creating decentralized applications that are compatible with EVM, making the development process easier.
Open to the public for testing, Somnia's Devnet will be accessible during specific hours for users to try out decentralized applications like a decentralized exchange (DEX), NFTs, and games.
By using this method, they aim to collect useful feedback and evaluate the platform's performance in a real-world setting. Users have the option to receive Somnia Test Tokens (STT) via a faucet on the platform in order to join the testing process.
If developers and users want to learn more about Somnia's technology, they can visit their website to find information on Devnet access, the grant program, and the whitelisting process. Somnia's Devnet is designed to bring more data and functionality onto the blockchain, which could impact the development of decentralized applications in the future.
Author's note: Created with the help of artificial intelligence – Reviewed and verified by Jason Newey.
Jason Newey is an experienced journalist who focuses on NFTs, the Metaverse, and Web3 technologies. He has a strong background in digital media and blockchain technology, allowing him to effectively communicate complex ideas in his articles that are both interesting and informative.
Browse through all available
Possible Articles of Interest
Somnia introduces Devnet with 400k TPS for Blockchain Applications for the Masses
Lingo: Real-World Assets Drive Blockchain Incentives
Share This Article
More Stories
5 Memecoin Trends to Keep an Eye on in 2025
Furahaa Explores the Growing Vegan Market with New INX Token Listing
The content shared on this blog is meant for informational purposes and should not be taken as financial, legal, or investment advice. The opinions and perspectives expressed in the articles belong to the authors and may not necessarily align with the official stance of NFT News Today.
Sign up to receive our newsletter!