Waterfall Network Achieves Record-Breaking 12,778 Transactions Per Second on Mainnet

In a significant leap forward for blockchain technology, Waterfall Network has announced a groundbreaking achievement on its mainnet, processing an impressive 12,778 transactions per second (TPS). This milestone not only surpasses the network's previous testnet peak of 11,667 TPS but also positions Waterfall as a frontrunner in blockchain scalability and efficiency.

The record-breaking performance was established through a series of three tests conducted on the Waterfall Network mainnet, which collectively generated over 1,000,000 transactions. These tests measured the speed at which transactions were added to blocks and fully confirmed on the network, showcasing Waterfall's capability to handle high-volume transaction loads efficiently.

This achievement is particularly noteworthy as it demonstrates Waterfall Network's superior scalability compared to both EVM-compatible and non-EVM Layer 1 and Layer 2 networks. The network's performance outpaces well-known blockchain platforms such as Monad, SEI, Solana, and Aptos, according to data from Chainspect and other verified sources.

The Waterfall Network's mainnet, which launched in July, is currently supported by 8,232 validators, nearly quadrupling the number present during its testnet phase. This significant increase in validators ensures more robust, efficient, and reliable transaction processing, further solidifying the network's decentralization and security.

Sergii Grybniak, Blue Wave CTO and Waterfall Head of Research, emphasized the network's achievement, stating, "Waterfall Network continues to push the boundaries of scalability decentralization on a consensus level, joining the ranks of a very few networks that outperform their testnet benchmarks on the mainnet." He further highlighted Waterfall's potential to become one of the most scalable decentralized networks in blockchain, capable of running on almost any type of node.

The network's impressive performance is not limited to transaction speed. Testing conducted with support from the Google Cloud Web3 Startup Program has revealed that Waterfall Network's mainnet can support more than 1.5 million validators, surpassing the capacity of any other proof-of-stake network, including Ethereum. This testing encompassed a diverse range of computing resources, from home-based computers and laptops to cloud servers provided by major tech giants.

Waterfall's unique protocol incorporates next-generation Directed Acyclic Graph (DAG) technology, which enables potentially unlimited scalability and portability of decentralized applications (dAPPs). This innovative approach sets Waterfall apart in the blockchain landscape, offering a solution that addresses the critical challenges of security, scalability, and decentralization faced by many existing networks.

The implications of Waterfall Network's achievement are far-reaching for the blockchain industry. By demonstrating such high transaction throughput on its mainnet, Waterfall is paving the way for more efficient and scalable blockchain applications. This could lead to improved performance in decentralized finance (DeFi), non-fungible tokens (NFTs), and other blockchain-based services that require high-speed, low-cost transactions.

Furthermore, Waterfall's ability to support a vast number of validators enhances the network's decentralization, a crucial aspect of blockchain technology that ensures security and resistance to censorship. This level of decentralization, combined with high transaction speeds, could make Waterfall an attractive platform for developers and enterprises looking to build and deploy large-scale blockchain applications.

As the blockchain industry continues to evolve, achievements like those of Waterfall Network are crucial in driving innovation and addressing the scalability trilemma that has long challenged the sector. By demonstrating that it's possible to achieve high transaction speeds without compromising on decentralization or security, Waterfall is setting new standards for what's possible in blockchain technology.