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Waterfall Network Achieves Milestone with Over 1.5 Million Validators

By FisherVista

TL;DR

Waterfall Network achieved a record 1,573,892 validators, surpassing all popular Proof-of-Stake networks combined, providing a competitive advantage in decentralization.

Waterfall Network conducted success testing with servers on 5 continents, processing a half a million transactions, and incorporating a Directed Acyclic Graph (DAG)-based technology for scalability and portability.

Waterfall Network's milestone in achieving millions of validators expands decentralization, making the world a better place by providing a more inclusive and secure network for decentralized computing.

Waterfall Network's innovative technology and record-breaking testing demonstrate the future of decentralized computing, offering an educational insight into the potential of scalable and decentralized networks.

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Waterfall Network Achieves Milestone with Over 1.5 Million Validators

Waterfall Network, the pioneering layer one (L1) decentralized and scalable ledger, has announced a significant milestone by passing success testing with a record 1,573,892 validators on its network. This achievement sets a new benchmark in the realm of Proof-of-Stake networks, surpassing all other popular Proof-of-Stake networks combined. For context, Ethereum recently surpassed 1 million validator nodes, while Solana has approximately 1,600 validators.

The testing was conducted on servers distributed across five continents—South and North America, Australia, Africa, and Eurasia (both Europe and Asia)—as well as the islands of Great Britain, Japan, and Taiwan. During this rigorous testing phase, the network successfully processed a total of half a million transactions, showcasing its robustness and scalability.

"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," stated Sergii Grybniak, Blue Wave CTO and Waterfall Head of Research. "Waterfall is the future of decentralized computing and the proof is in the numbers."

Much of Waterfall's testing was facilitated through its participation in the Google Cloud Web3 Startup Program, which provided essential resources to support the validation and strength-testing of its network. The protocol integrates an innovative Directed Acyclic Graph (DAG)-based technology, allowing for virtually unlimited scalability and portability of decentralized applications (dAPPs). This combination of scalability and decentralization is unprecedented in the industry.

The implications of this development are far-reaching. By achieving such a high number of validators, Waterfall Network not only enhances its own reliability and security but also sets a new standard for what is possible in decentralized ledger technologies. This could drive further innovation and competition within the blockchain and decentralized computing industries, potentially leading to more secure, scalable, and accessible decentralized applications for users worldwide.

For more information about the future of decentralized computing and the Waterfall Network, visit Waterfall Network.

Curated from BlockchainWire

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FisherVista

FisherVista

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