sedehoo

Unlocking the Future: Somnia’s Devnet Launches with 400k TPS for Mass-Consumer Blockchain Applications

  • November 17, 2024
  • 4 min read

Somnia has introduced its Developer Network (Devnet), which allows developers and Web3 users to utilize its high-speed blockchain technology. Somnia aims to be the ideal platform for on-chain applications, supporting various mass-consumer projects like games, decentralized finance (DeFi), social finance (SocialFi), and metaverse initiatives.

During internal testing, Somnia's Devnet showed that it can handle up to 400,000 transactions per second with transaction finality in less than one second. Additionally, the cost of transactions stays below one cent, even when the network is experiencing high loads.

Somnia's success is attributed to advancements in how tasks are carried out, data storage, communication between devices, and agreement on decisions. The database used by the platform can quickly read and write data in a time frame ranging from 15 to 100 nanoseconds, leading to a notable decrease in delays. Additionally, the sophisticated networking technology enables nodes to exchange 10 to 20 times more information efficiently.

Additionally, developers can take advantage of full EVM compatibility to utilize their preferred tools and programming languages in order to create decentralized applications that demand immediate responsiveness.

Moreover, Somnia enables real-time responses to events on the blockchain through Solidity, paving 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 implemented 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 join their first group of developers. The grant program will provide funding, technical advice, and strategies for bringing products to market.

Ankr is one of the early infrastructure partners that will offer Remote Procedure Call (RPC) services to improve network connectivity and reliability.

Hemera's Social Scan tool will be used to support the block explorer, which enables users to track transactions on the blockchain. Thirdweb will also 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 (DEX), NFTs, and games.

By using this method, they plan to collect useful feedback and assess the platform's performance in a real-world setting. 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 learning more about Somnia's technology, developers and users can visit their website to find details about accessing Devnet, the grant program, and the whitelisting process. Through the introduction of 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 text was written 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 engaging and informative articles.

See all of the

Possible Articles to Explore

Somnia Introduces Devnet with 400k Transactions Per Second for Blockchain Applications Targeting a Broad Audience

Language: Real Assets from the Real World Drive Blockchain Incentives

Share This Article

Other Stories

5 Emerging Trends in Memecoins to Keep an Eye on in 2025

Furahaa Enters the Growing Vegan Market by Listing 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 expressed in the articles belong to the authors and may not represent the official stance of NFT News Today.

Sign up for our newsletter!

Leave a Reply

Your email address will not be published. Required fields are marked *