Waterfall Becomes First Proof-of-Stake Network to Pass the Test with 1.5 Million Validators
2024年6月19日 - 4:00PM
Waterfall Network, the first layer
one (L1) decentralized and scalable ledger, today
announced it has passed success testing with a record 1,573,892
validators on its network. Waterfall now was tested with more
validators than any other Proof-of-Stake network and all the
popular Proof-of-Stake networks combined*, expanding the reach of
decentralization to more places than it has ever been. By
comparison, Ethereum recently passed 1 million validator nodes, and
proof-of-stake network Solana only has approximately 1,600
validators. The servers for the testing were located on 5
continents - South and North America, Australia, Africa, and
Eurasia (both in Europe and Asia) - and the islands of Great
Britain, Japan, and Taiwan. A total of a half a million
transactions were processed.
"We have proven that our network will work on the scale of
millions of validators, preserving the low requirements for each of
them at a scale no one has ever achieved. This milestone is a
testament to the strength of Waterfall as the most decentralized
distributed ledger technology currently available," commented
Sergii Grybniak, Blue Wave CTO and Waterfall Head of Research.
"Waterfall is the future of decentralized computing and the proof
is in the numbers."
Waterfall conducted much of its testing through its
participation in the Google Cloud Web3 Startup Program, which
provided invaluable resources supporting Waterfall test the
strength of its validators and network.
Waterfall’s protocol also incorporates an innovative Directed
Acyclic Graph (DAG)-based technology that allows for virtually
unlimited scalability and portability of decentralized applications
(dAPPs), combining scalability and decentralization to the levels
which has not been reached before. For more information about the
future of decentralized computing, and the Waterfall network,
please visit https://waterfall.network/ or follow us
on https://t.me/waterfall_network , https://twitter.com/waterfall_dag
or https://discord.gg/Nwb8aR2XvR
*for comparison were taken the number of validators at the
moment of writing on Ethereum, Gnosis, Elrond, Cardano, Algorand,
Avalanche, Solana, Sui, Cronos, Tezos, Polkadot, Near, Cosmos,
Everscale, Aptos, Polygon, Fantom, Sei, Hedera, Tron, EOS
About WaterfallWaterfall is the leading layer one (L1)
architecture to solve decentralization, security, and scalability.
Waterfall’s Directed Acyclic Graph (“DAG”) achieves and allows
parallelism on multiple levels pushing further the boundaries of
combination of scalability and decentralization. Waterfall is
Ethereum Virtual Machine (EVM) compatible, allowing for portability
of decentralized applications (dAPPs), and has very low entry
requirements for the participants to become validators.
xenia von wedel
president
Transform Group
415-340-2792
xenia at transformgroup.com