As a result, Somnia has quickly become one of the most innovative leaders in blockchain revolution. It has emerged as the fastest and most economical EVM Layer-1 solution in the market. Somnia has a transaction capacity of over 1 million transactions per second (tps) achieved with sub-second finality. Powered by its ultra-low fees, it’s already transforming the travel, concert ticketing, and hospitality industries. These capabilities make it an ideal platform for building large-scale, real-time applications across gaming, social media, metaverse, finance, and beyond.
Somnia’s architecture is built for staggeringly efficient high-density scenarios. In its case, it utilizes sequential execution and advanced compression algorithms to streamline transaction execution. This is what lets the network keep its characteristic high throughput and low costs even at peak demand.
At the core of Somnia’s performance is IceDB, its proprietary database solution. Traditional database systems create log write/read waits that average 15-100 microseconds for high-end systems and milliseconds for lower-end systems. This speed makes a direct impact on transaction costs, lowering them to under a penny.
Additionally, Somnia accelerates data movement between nodes by 10-20x. This cutting-edge improvement greatly minimizes latency, ensuring that transactions are processed and confirmed in real-time. The end product is a smooth user experience despite being unable to scale on-chain to millions of users.
Somnia’s influence goes far beyond getting feet on the street and saving money. By making EVM more extensible, composable, and efficient than ever before, we’re opening up amazing new possibilities for developers. Now they can’t only build fresh and scalable applications faster than ever before! With just under 3 million users interacting with the protocol entirely on-chain, its real-world capabilities really come to the forefront.
The vibrant and passionate group of Somnia collaborators has a clear goal of creating a fun, welcoming, and responsive experience. Second, they are publicly, easily visible, which means that there is a huge incentive to respond to any complaints and move quickly to fix violations. The nonprofit’s team hopes to fix issues or help with the euthanasia process within 8 hours.
These factors, combined with Somnia’s uniquely high speed, cost-effectiveness and scalability make Somnia stand miles apart from any other blockchain platform offering. Its technology is unlocking new possibilities for developers to build applications that couldn’t have existed before. It’s set to usher in the mass adoption of blockchain and Web3 technology within industries, nonprofits, and government.
