Somnia has introduced its Developer Network (Devnet) which allows developers and users of Web3 to utilize its efficient blockchain technology. Somnia aims to be the ideal platform for on-chain applications, supporting a wide range of mass-consumer projects like games, decentralized finance (DeFi), social finance (SocialFi), and metaverse ventures.
In testing done within the company, Somnia's Devnet has shown that it can handle an impressive 400,000 transactions per second and complete transactions in less than a second. Additionally, the cost of each transaction stays under one cent, even when the network is experiencing heavy traffic.
Somnia's success is attributed to new approaches in carrying out tasks, managing data, connecting systems, and reaching agreements. The database used by the platform can process information in 15 to 100 nanoseconds, leading to a notable decrease in delays. Additionally, the improved networking capabilities allow for the efficient transfer of 10 to 20 times more data among different points in the system.
Additionally, by being fully compatible with EVM, developers are able 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 events happening on the blockchain through Solidity, which paves the way for decentralized applications such as interactive games and live event platforms. This feature aims to improve the 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. Developers can apply to join the initial developer cohort by being whitelisted. The grant program includes funding, technical advice, and help with marketing strategies.
Ankr is one of the initial infrastructure partners that will offer Remote Procedure Call (RPC) services to improve the connectivity and reliability of the network.
Hemera's Social Scan tool will enable users to track transactions on the blockchain through the block explorer. Thirdweb will provide resources for creating decentralized applications that are compatible with Ethereum Virtual Machine (EVM), making the development process easier.
The Devnet of Somnia will be available for public testing at specific times, giving users the opportunity to engage with decentralized applications like a decentralized exchange (DEX), NFTs, and games.
By using this method, their goal is to collect important feedback and evaluate the platform's abilities in a real-world setting. Users are able 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 exploring Somnia's technology, there is information available on their website about accessing Devnet, the grant program, and the whitelisting process. Somnia's goal with the launch of Devnet is 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: The text was written with the help of artificial intelligence and then reviewed for accuracy 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 intricate ideas in his articles in a compelling and informative manner.
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