Waterfall Network, a pioneering layer one (L1) decentralized and scalable ledger, has officially launched its mainnet, boasting 2,048 active validators. Concurrently, its $WATER token has been listed on Gate.io, with additional exchange listings anticipated in the coming weeks.
The introduction of Waterfall Network is poised to significantly impact the development of decentralized applications (dAPPs), offering transformative potential by introducing fundamentally new use cases. The network's architecture, which incorporates Directed Acyclic Graph (DAG) technology, allows for virtually unlimited scalability and portability of dAPPs. This advancement is crucial for industries reliant on high transaction throughput and robust security.
Sergii Grybniak, Blue Wave CTO and Waterfall Head of Research, highlighted the network's performance, stating, "The strength of the Waterfall Network has surpassed even our most optimistic projections during testnet development. We now look forward to ensuring the community has a great platform to build and grow the network." The protocol has been tested to achieve over 10,000 transactions per second, a testament to its high efficiency.
The Waterfall Network's inclusivity is another standout feature. Nodes can be run on low-powered computing devices as well as on Linux, Mac, and Windows systems, with future plans to support mobile phones. This inclusivity extends to the network's integration with various staking infrastructure providers, including Piconbello, GigaStake, StarDustStaking, and Infstones, which is ranked in the top 7 on StakingRewards.com. Further integrations with Web3 Infrastructure Service Provider NebulaBlock and peer-to-peer cloud infrastructure provider Edge are in progress.
Testing supported by the Google Cloud Web3 Startup Program has demonstrated the network's capacity to support over 1.5 million validators, surpassing any other proof-of-stake network, including Ethereum. This capability is a significant milestone, offering enhanced security, scalability, and decentralization, critical components for the future of blockchain technology.
Additionally, Waterfall Network is Ethereum Virtual Machine (EVM) compatible, allowing for the seamless portability of decentralized applications. The low hardware requirements for participants to become validators further democratize access to the network, fostering a more inclusive and decentralized ecosystem.
As Waterfall Network continues to expand, the blockchain community can expect more exchanges to list the $WATER token and further integrations with global infrastructure providers. These developments underscore Waterfall Network's commitment to building a robust, scalable, and inclusive decentralized ledger, paving the way for innovative applications and broader adoption.
