Somnia has introduced its Developer Network (Devnet), which allows developers and users of Web3 to use its efficient blockchain technology. Somnia aims to be the ideal platform for on-chain applications like games, decentralized finance (DeFi), social finance (SocialFi), and metaverse projects, offering high performance and scalability with 400k transactions per second.
During internal testing, Somnia's Devnet has shown the capability to handle up to 400,000 transactions per second and complete transactions in less than a second. Furthermore, the cost of transactions stays below one cent, even during times of high network activity.
Somnia's success is a result of advancements in how tasks are carried out, data storage, connecting systems, and reaching agreements. The platform's storage system allows for data to be read and written in a very short time frame, which greatly decreases delays. The improved networking capabilities also enable a much larger amount of data to be transferred between different points.
Furthermore, being fully compatible with EVM enables developers to utilize their preferred tools and programming languages to create decentralized applications that need to be responsive in real-time.
Moreover, Somnia enables immediate responses to events occurring on the blockchain through Solidity, paving the way for decentralized applications such as interactive games and live event platforms. This feature aims to improve user satisfaction and expand the range of applications that can be successfully implemented on the blockchain.
Somnia is offering a $10 million grant to support developers and grow a strong developer community. They are inviting developers to apply to join their initial developer group and will provide funding, technical advice, and strategies for market success.
One of the initial infrastructure partners is Ankr, who will offer Remote Procedure Call (RPC) services to improve network connectivity and dependability.
Hemera's Social Scan will provide the technology for the block explorer, giving users the ability to track transactions on the blockchain. Furthermore, thirdweb will provide resources to create decentralized applications that are compatible with the Ethereum Virtual Machine, making the development process easier.
Open to the public for testing, Somnia's Devnet will be available for use during specific times. This will enable users to try out decentralized applications like a decentralized exchange (DEX), NFTs, and games.
They plan to collect important feedback and test the platform's features in a real-time setting using this method. Users have the option to obtain Somnia Test Tokens (STT) from a faucet on the platform in order to take part in the testing process.
For those interested in Somnia's technology, there is detailed information available on their website regarding Devnet access, the grant program, and the whitelisting process. Through the introduction of its Devnet, Somnia hopes to increase the amount of data and capabilities available on the blockchain, which could impact the development of decentralized applications going forward.
Note from the editor: This text was written with the help of artificial intelligence and then reviewed and verified by Jason Newey.
Jason Newey is an experienced journalist who focuses on writing about NFTs, the Metaverse, and Web3 technologies. He has a strong background in digital media and blockchain technology, allowing him to effectively communicate complicated ideas in his informative and engaging articles.
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