Waterfall Mainnet Launches with 2,048 Active Validators, $WATER Token Debuts on Gate.io

Waterfall Network, a leader in innovative layer one (L1) decentralized and scalable ledger technology, has announced the launch of its mainnet, featuring 2,048 active validators. The network's native $WATER token is now listed on Gate.io, with more exchanges expected to follow suit in the coming weeks. This milestone signifies a substantial step forward for the blockchain community, as it offers new opportunities for the development and deployment of decentralized applications (dAPPs).

The Waterfall Network aims to provide a robust platform for developers and researchers, with plans to distribute grants and rewards to those who contribute to community-driven security auditing activities, such as bug bounties. Sergii Grybniak, CTO of Blue Wave and Head of Research for Waterfall, stated, "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."

One of the standout features of the Waterfall Protocol is its ability to run nodes on various low-powered computing devices, including Linux, Mac, Windows, and potentially mobile phones in the future. The network has been rigorously tested to handle over 10,000 transactions per second, according to their test results.

The testing phase included a variety of hardware configurations, from home-based computers and laptops to cloud servers provided by Google Cloud, Amazon Web Services, Digital Ocean, and Hetzner. The network is already integrated with several staking infrastructure providers, including Piconbello, GigaStake, StarDustStaking, and Infstones, which is ranked among the top-7 on StakingRewards.com. Additionally, Waterfall is in the process of integrating with Web3 Infrastructure Service Provider NebulaBlock and peer-to-peer cloud infrastructure provider Edge.

Waterfall's protocol leverages next-generation "Directed Acyclic Graph (DAG)" technology, enabling virtually unlimited scalability and portability for decentralized applications. This makes it an attractive option for dAPP developers looking to build transformative solutions across various industries.

Support from the Google Cloud Web3 Startup Program has been instrumental in demonstrating Waterfall's capabilities. The network's first mainnet version can support more than 1.5 million validators, surpassing any other proof-of-stake network, including Ethereum.

The launch of the Waterfall mainnet and the listing of the $WATER token are significant for the blockchain industry. They offer new avenues for scalability, security, and decentralization, which are crucial for the continued growth and adoption of decentralized technologies.