Somnia has introduced its Developer Network (Devnet), offering developers and Web3 users the opportunity to utilize its fast blockchain technology. Somnia is described as a "dream computer" for an entirely on-chain environment, aimed at supporting interactive mass-consumer applications like games, decentralized finance (DeFi), social finance (SocialFi), and metaverse projects.
During internal testing, Somnia's Devnet has shown the capability to handle an impressive 400,000 transactions per second, with transactions being finalized in less than a second. Additionally, transaction costs stay under one cent, even during times of high network activity.
Somnia's success is attributed to advancements in how it operates, stores data, connects with other systems, and reaches agreements among participants. The platform's database can quickly read and write information in 15 to 100 nanoseconds, leading to a decrease in delays. Additionally, the improved networking technology allows for the transfer of 10 to 20 times more data between different nodes.
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.
Additionally, Somnia enables immediate responses to events happening on the blockchain within Solidity, which opens up opportunities 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 implemented on the blockchain.
Somnia is offering a $10 million grant to support developers and build a strong developer community. They are encouraging developers to apply for whitelisting to join their initial developer group. The grant program will provide funding, technical advice, and strategies to help developers succeed in the market.
Ankr is one of the initial infrastructure partners who will be offering Remote Procedure Call (RPC) services to improve the network's connectivity and dependability.
Hemera's Social Scan will be used to support 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 the EVM, making the development process easier.
Open to the public, Somnia's Devnet will be available for testing at specific times. Users will have the opportunity to try out decentralized applications like a decentralized exchange (DEX), NFTs, and games.
By using this method, their goal is to collect useful feedback and assess the platform's performance in a real-life setting. Users have the option to obtain Somnia Test Tokens (STT) by using 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 find information on how to access Devnet, the grant program, and the whitelisting process on their website. By launching Devnet, Somnia hopes to increase the amount of data and functionality available on the blockchain, which could impact the development of decentralized applications in the future.
Note from the editor: This article was written with the help of artificial intelligence and then reviewed and verified by Jason Newey.
Writer
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 articles.
See all the published
Possible Articles of Interest
Somnia Introduces Development Network with 400k Transactions per Second for Blockchain Applications Targeting Mass Consumers
Explanation of Lingo: Real-World Assets Driving Rewards in Blockchain Technology
Share This Article with Others
Additional Stories to Explore
5 Memecoin Trends to Keep an Eye on in 2025
Furahaa Explores the Growing Vegan Market by Listing New INX Token
The content shared on this blog is meant for informational purposes solely and should not be taken as financial, legal, or investment advice. The opinions and perspectives presented in the articles belong to the authors and may not necessarily align with the official stance of NFT News Today.
Sign up for our newsletter to receive updates and
