Designed for mass-consumer applications like games, SocialFi, DeFi, and metaverses, Somnia promises to shake things up in the blockchain world.
Somnia’s internal tests show jaw-dropping results—processing over 400,000 transactions per second (TPS) with sub-second finality. Transaction costs? Less than a penny, even when the network is packed.
Open Testing and Big Opportunities
This lightning speed comes from Somnia’s cutting-edge technology, including its custom IceDB database, advanced compression methods, and a Multistream Consensus system that speeds up execution and networking.
To make life easier for developers, Somnia is fully EVM-compatible, meaning they can use Ethereum-familiar tools to build apps. Even better, Somnia supports real-time reactions to on-chain events directly in Solidity, making it ideal for building fully decentralized, reactive apps like games and live applications.
🔜 Somnia Devnet Loading… 80% 🔜
Soon you can officially start building on Somnia, the fastest blockchain around.
Want to launch the first DEX on Somnia? Or maybe create the next big on-chain game? Now’s your chance! Plus, we’re putting our money where our mouth is with $10M… pic.twitter.com/d646LoYexn
— Somnia – a Fully Onchain World (@Somnia_Network) November 11, 2024
Unlike most Devnets, Somnia’s Devnet is inviting everyone to join the fun. Public testing will be available during specific hours, giving users the chance to explore the first batch of dApps, such as a decentralized exchange (DEX), NFTs, and games. Testers can use Somnia Test Tokens (STT) through a faucet to try out the blockchain.
Somnia is also opening doors for developers. It’s hosting a $10 million grant program to help developers bring their ideas to life. The program offers funding, technical support, and go-to-market strategies. Developers can also apply for whitelisting to join Somnia’s first cohort.
More About Somnia
Somnia has partnered with leading players like Ankr for RPC services, Hemera for blockchain indexing, and thirdweb for easy Web3 tools. These partnerships ensure a smooth experience for developers, covering everything from infrastructure to app creation.
Hemera is excited to announce the first high performance EVM-compatible L1 partner @Somnia_Network , providing programmable and verifiable data infrastructure to the ecosystem.
With up to 400k targeted peak TPS, Somnia is able to support loads of applications built fully… pic.twitter.com/OTJLiBd8zC
— Hemera | We are hiring! (@HemeraProtocol) November 14, 2024
Somnia’s public Devnet is more than just a testing ground. It’s a way to gather real-world feedback and fine-tune its technology. By “building in public,” Somnia aims to prove it’s ready to handle the world’s data on-chain, making blockchain faster, cheaper, and more accessible for everyone.
Disclaimer
The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted risk tolerance levels of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses you may incur due to any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.
