Waterfall Network Achieves Record with 1.5 Million Validators, Setting New Benchmark for Decentralization
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, a pioneering layer one (L1) decentralized and scalable ledger, has announced a record-breaking achievement in its latest success testing, hosting 1,573,892 validators on its network. This milestone positions Waterfall as the most decentralized Proof-of-Stake network to date, outstripping other notable networks such as Ethereum, which recently surpassed 1 million validator nodes, and Solana, which operates with approximately 1,600 validators.
The significance of this achievement is underscored by the geographical distribution of the testing servers, which spanned 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. The network processed a total of half a million transactions during the testing phase, demonstrating its robust capability to handle significant decentralized activity on a global scale.
"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," commented Sergii Grybniak, Blue Wave CTO and Waterfall Head of Research. "Waterfall is the future of decentralized computing and the proof is in the numbers."
The testing was conducted with support from the Google Cloud Web3 Startup Program, which provided essential resources for evaluating the strength of Waterfall's validators and network. The protocol of Waterfall leverages innovative Directed Acyclic Graph (DAG)-based technology, facilitating virtually unlimited scalability and portability for decentralized applications (dAPPs). This combination of scalability and decentralization achieves levels previously unseen in the industry.
For more information about the future of decentralized computing and the Waterfall network, visit Waterfall Network or engage with the community on platforms like Discord.
About Waterfall: Waterfall is the leading layer one (L1) architecture designed to address decentralization, security, and scalability. Utilizing Directed Acyclic Graph (DAG) technology, Waterfall enables parallelism on multiple levels, pushing the boundaries of scalability and decentralization. The network is Ethereum Virtual Machine (EVM) compatible, ensuring the portability of decentralized applications (dAPPs), and maintains very low entry requirements for participants to become validators.
Curated from BlockchainWire
