Somnia has introduced its Developer Network (Devnet), which offers developers and Web3 users the opportunity to utilize its efficient blockchain technology. Somnia is marketed as an ideal platform for on-chain applications, specifically catering to mass-consumer 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. Additionally, the cost of transactions stays below one cent even when the network is experiencing high levels of activity.
Somnia's success is credited to improvements in how tasks are carried out, how data is stored, how devices communicate with each other, and how agreements are reached. The database of the platform can quickly process both reading and writing operations in a time frame ranging from 15 to 100 nanoseconds, which helps to minimize delays. Additionally, the sophisticated networking capabilities enable nodes to exchange data at a rate that is 10 to 20 times faster than traditional methods.
Furthermore, complete EVM compatibility enables developers to utilize tools and languages they are already familiar with to create decentralized applications that need to be responsive in real-time.
Moreover, Somnia enables immediate responses to events happening on the blockchain through Solidity, which in turn paves the way for completely decentralized applications such as interactive games and live event platforms. This functionality aims to improve user experience and expand the range of applications that can be successfully implemented on the blockchain.
Somnia is offering developers the opportunity to join its initial developer cohort by applying for whitelisting. The company has also launched a $10 million grant program to help support developers with funding, technical assistance, and strategies for entering 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 dependability.
Hemera's Social Scan will provide the technology for the block explorer, enabling users to keep track of transactions on the blockchain. Furthermore, thirdweb will provide resources for creating decentralized applications that are compatible with the Ethereum Virtual Machine, making the development process easier.
The Devnet of Somnia will be available for public testing at specific times, giving users the opportunity to try out decentralized applications like a decentralized exchange, NFTs, and games.
By using this method, they plan to collect useful feedback and evaluate the platform's abilities in a real-life setting. Users have the option to receive Somnia Test Tokens (STT) via a faucet on the platform in order to take part in testing.
Those interested in learning more about Somnia's technology can visit their website for information on Devnet access, the grant program, and the whitelisting process. Somnia's Devnet launch is intended to increase the amount of data and features available on the blockchain, which could impact the development of decentralized applications in the future.
Note from the editor: This text was created with the help of artificial intelligence and has been 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 understanding of digital media and blockchain technology, allowing him to effectively communicate complex ideas in his articles that are both engaging and informative.
See all articles
Potential Articles to Read
Somnia introduces Devnet capable of handling 400k transactions per second for blockchain applications aimed at mass consumers
Language: Blockchain rewards backed by real-world assets
Share This Article
More Stories
Trends in Memecoins to Keep an Eye on in 2025
Furahaa enters the expanding vegan market by listing the new INX token
The content shared on this blog is meant for informational purposes only and should not be taken as financial, legal, or investment advice. The opinions and perspectives expressed in the articles belong to the writers and may not represent the official stance of NFT News Today.
Sign up for our newsletter to stay updated!
