Somnia has launched its Devnet, proving blockchain technology that can handle up to 400,000 Transactions Per Second (TPS). The platform is designed for mass consumer use cases in games, decentralized finance (DeFi) and financial services, virtual worlds, social media and communications, and metaverse. Its features can be tested through public releases and private beta testing for the developers and Web3 participants.
Somnia Blockchain: Fast, Cost-Effective, and Developer-Friendly
The Somnia blockchain offers substantial value for its effectiveness, brought by leading technologies in execution, networking, database, and consensus. Internal tests resulted in finality within the sub-second range and showed transaction costs below a cent, even during high-density situations. Its database provides read/write access times of 15-100 nanoseconds and a networking technology that delivers twenty times more data exchange than nodes.
Somnia’s blockchain is fully EVM-compatible, allowing developers to utilize familiar tools and build reactive, decentralized applications. Its support for Solidity enables instant responses to on-chain events, paving the way for advanced dApps like games and live event-based applications.
$10 Million Grant Program and Technical Support for Developers
Developers are invited to join Somnia’s ecosystem through a $10 million grant program that offers funding, technical guidance, and go-to-market strategies. The first group of developers can apply for whitelisting to gain early access. Notable partners, including Ankr and Hemera, provide infrastructure support, while Thirdweb offers tools for seamless dApp creation.
Devnet of Somnia also has open testing phases so that users can try decentralized apps, such as DEX, NFTs, and games. These can be obtained from the Somnia Test Tokens (STT) faucet. Public participation will help validate the network’s performance and gather user feedback.
By combining low costs, high performance, and advanced developer tools, Somnia’s blockchain aims to revolutionize on-chain applications for millions of users. Its vision of bringing real-time, reactive dApps to life positions it as a significant player in the Web3 space.
Source: https://blockchainreporter.net/somnia-devnet-launches-delivering-400000-transactions-per-second/