Waterfall Network, the most innovative layer
one (L1) decentralized and scalable ledger, today
announced its integration with InfStones, a leading infrastructure
provider of enterprise-grade node management services. Waterfall
Network and InfStones hosted an AMA session detailing benefits of
the integration as well as successful milestones since Waterfall’s
mainnet launch last month.
Recap of the AMA: Unprecedented Decentralization
Achievements
During the AMA, Waterfall Network discussed their participation
in the Google Startup Cloud program, where the network was tested
with over 1.5 million validators operating simultaneously spread
across 5 continents. This test demonstrated Waterfall's
unparalleled ability to maintain a decentralized and scalable
network, a feat unmatched by any other DLT on this
scale. https://x.com/waterfall_dag/status/1803351923468181617
"To our knowledge, no other technology has been tested with this
many validators, making Waterfall a pioneer in achieving
decentralization at this level," said Grybniak. Despite these
accomplishments, Waterfall remains committed to keeping its
hardware requirements low, allowing for broader participation in
the decentralized economy.”
Since mainnet public launch last month, Waterfall Network has
added 4901 new validators and reached 339 percent of TVL (total
volume locked) growth.
Bridging Scalability and Decentralization
As a key focus of the AMA, Waterfall Network and InfStones
representatives discussed how Waterfall is uniquely positioned to
address the long-standing challenge of combining scalability and
decentralization—two features that are often difficult to achieve
simultaneously. Using the innovative DAG technology, Waterfall
allows for parallel processing on multiple levels, enabling
unparalleled scalability without compromising the core principles
of decentralization.
"True scalability without decentralization doesn’t align with
the core values of Web3," said Sergii Grybniak, Head of Research at
Waterfall Network. "Decentralization is what sets Web3 apart from
Web2, which, although effective in scalability and privacy, lacks
the decentralized structure that is essential for the future of
blockchain technology."
Partnering with InfStones affords Waterfall Network robust
infrastructure support, enhancing its scalability and reliability
by leveraging InfStones' secure and scalable node management
services. This enables easier deployment and management of
validator nodes, further decentralizing the network while
maintaining efficiency. The result is developers and participants
are more empowered to seamlessly engage with Waterfall’s
decentralized ecosystem.
"Integrating with Waterfall has been a fantastic experience,”
said Ann Jiang, Business Development Specialist at InfStones. "Our
goal is to lower the barriers for people who may not have extensive
technical knowledge, empowering them to run nodes effortlessly.
Together, we share a vision of driving the blockchain ecosystem
forward, and this collaboration has allowed us to deliver a
seamless and secure experience for both individual and
institutional clients. We're excited to be part of this journey and
look forward to welcoming more people into the Waterfall community
to enjoy its many benefits.”
Simplifying Blockchain Participation with Proof of
Stake
The AMA also addressed Waterfall's adoption of a Proof of Stake
(PoS) consensus mechanism, which stands in stark contrast to the
resource-intensive Proof of Work (PoW) systems like Bitcoin. Jeff
McDonald, community strategist at Waterfall Network, highlighted
how easy it is to become a node operator on Waterfall.
"Running a node on Waterfall is accessible to almost anyone,
unlike Bitcoin mining, which requires significant resources and
industry connections," said McDonald. "Waterfall makes it simple,
opening the door for more participants in the decentralized
economy."
Attractive Incentives for Validators
The AMA also covered the attractive incentives currently offered
to Waterfall validators. Although the rate is adjusted according to
the state of the ecosystem, the current rate presents an
exponential opportunity many are looking to take advantage of. To
become a validator currently takes staking 32,000 $WATER coins with
an annual percentage rate (APR) of more than 100 percent.
"The rewards for validators are exceptional right now," McDonald
noted. "It’s a great opportunity for anyone interested in
contributing to the network."
Looking Ahead
The AMA was a resounding success, showcasing Waterfall Network’s
commitment to addressing user needs and providing a seamless
experience. As Waterfall continues to develop, it remains committed
to its core values of enhancing decentralization and scalability
and intends to continue to demonstrate its dedication through
strategic partnerships and exponential growth of the network,
setting the stage for the next generation of Web3 applications.
For more information on what’s next,
visit https://waterfall.network/ and follow Waterfall
Network on all its channels:
Discord: https://discord.gg/Nwb8aR2XvR Twitter: https://x.com/waterfall_dag Telegram: https://t.me/waterfall_network
About WaterfallWaterfall is a leading layer one (L1)
architecture aiming to provide a solution for scalability and
decentralization to help dAPP developers change the world.
Waterfall’s Directed Acyclic Graph (“DAG”) achieves and
allows it to run a validator node from any device, including
low-cost laptops and mobile phones in future. Waterfall is Ethereum
Virtual Machine (EVM) compatible, allowing for portability of
decentralized applications (dAPPs), and has very low hardware
requirements for the participants to become validators.
About InfStonesInfStones is an advanced, enterprise-grade
Platform as a Service (PaaS) blockchain infrastructure provider
trusted by the top blockchain companies in the world. InfStones'
AI-based infrastructure provides developers worldwide with a
rugged, powerful node management platform alongside an easy-to-use
API. Supporting over 80 blockchains, InfStones gives developers all
the control they need - reliability, speed, efficiency, security,
and scalability - for cross-chain DeFi, NFT, GameFi, and
decentralized application development. InfStones is trusted by the
biggest blockchain companies in the world including Binance,
CoinList, BitGo, OKX, Chainlink, Polygon, Harmony, and KuCoin,
among over a hundred other customers. InfStones is dedicated to
empowering the evolution of a better world through limitless Web3
innovation. Visit: www.infstones.com
Media
contact: bluewave(at)transformgroup.com
Lynessa Martin
bluewave(at)transformgroup.com