Somnia has introduced a Developer Network (Devnet) with a transaction processing speed of 400k transactions per second, aimed at mass-consumer blockchain applications. This platform allows developers and users of Web3 to utilize Somnia's advanced blockchain technology, which is optimized for reactive applications like games, decentralized finance (DeFi), social finance (SocialFi), and metaverse projects.
During internal testing, Somnia's Devnet has shown that it can handle up to 400,000 transactions per second with transactions being finalized in less than a second. Despite heavy network traffic, transaction costs are kept below one cent.
Somnia's success can be attributed to advancements in how tasks are carried out, data storage, communication between devices, and reaching agreements. The database on the platform allows for quick reading and writing, with a time frame of 15 to 100 nanoseconds, leading to a reduction in delays. Additionally, the improved networking capabilities enable nodes to transmit 10 to 20 times more data efficiently.
Additionally, complete EVM compatibility enables developers to utilize tools and programming languages they are already familiar with to create decentralized applications that need to be responsive in real-time.
Moreover, Somnia enables immediate responses to on-chain events within Solidity, which paves the way for completely decentralized applications such as interactive games and live event platforms. This feature aims to improve user engagement and expand the range of applications that can be successfully launched 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 developer cohort. Additionally, the company will provide funding, technical support, and strategies for developers to succeed in the market.
Initial collaborators in the infrastructure project include Ankr, a company that will offer Remote Procedure Call (RPC) services to improve the connectivity and dependability of the network.
Hemera's Social Scan feature will be used to run the block explorer, enabling users to keep track of transactions on the blockchain. Furthermore, thirdweb will provide tools for creating decentralized applications that are compatible with EVM, making the development process easier.
Open to the general public, Somnia's development network will be available for testing at specific times. This will give users the opportunity to engage with decentralized applications like a decentralized exchange, NFTs, and games.
By using this method, their goal is to collect useful feedback and assess the platform's abilities in a real-world setting. Users have the option to obtain Somnia Test Tokens (STT) through a faucet on the platform in order to take part in the testing process.
Those who are interested in learning more about Somnia's technology can visit their website to find information about gaining access to Devnet, the grant program, and the whitelisting process. By launching Devnet, Somnia hopes to increase the amount of data and functionality available on the blockchain, which could have an impact on the development of decentralized applications in the future.
Author's note: Collaboratively written with the help of artificial intelligence – Revised and verified for accuracy by Jason Newey.
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Jason Newey is an experienced journalist who focuses on NFTs, the Metaverse, and Web3 technologies. He has a strong knowledge of digital media and blockchain technology, allowing him to effectively communicate intricate ideas in his engaging and informative articles.
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