TL;DR

Improbable is developing Somnia, the fastest blockchain for mass consumer applications.
Somnia will process over 400,000 transactions per second (TPS) with sub-second latency and EVM compatibility.
Innovative technology includes ICEdb and compression algorithms that increase data transfer efficiency.

Improbable has announced the development of Somnia, a high-performance blockchain designed to support mass-market applications such as gaming, social platforms, and decentralized finance.

This initiative seeks to set a new standard in the speed and scalability of blockchain solutions, allowing Somnia to process more than 400,000 transactions per second (TPS) with a latency of less than one second.

Improbable is developing the fastest blockchain for mass consumer applications for @Somnia_Network! Leveraging Improbable’s 10+ years of expertise in distributed systems, Somnia will process over 400,000 TPS with sub-second latency and EVM compatibility.https://t.co/iSjqSoHIKz

— Improbable (@Improbableio) October 24, 2024

This information comes from Improbable‘s recent statement, which highlights how the accumulated experience in distributed systems for more than ten years has led to this innovative creation.

One of the most notable features of Somnia is its compatibility with the Ethereum Virtual Machine (EVM), making it easier for developers to create decentralized applications (dApps) by leveraging the existing Ethereum ecosystem.

This integration enables a smooth transition for developers who are already familiar with EVM tools and technologies, significantly improving the development experience and expanding the possibilities for creating new projects.

The technological heart of Somnia includes ICEdb, a custom database that offers ultra-fast read and write times.

In addition, blockchain uses advanced compression algorithms that allow data to be transferred 10 to 20 times more efficiently than other blockchain solutions.

This addresses the scalability issues that have limited many networks in the past, delivering exceptional performance and processing capabilities that can transform the digital landscape.

Transforming the digital future with Improbable

Herman Narula, founder and CEO of Improbable, expressed his enthusiasm for Somnia, stating that the project has the potential to solve the scalability issues that have plagued blockchain technology for years.

“We are applying our knowledge of distributed systems and gaming to build a blockchain that revolutionizes the way digital experiences are created and shared,” Narula said.

Paul Thomas, founder of The Virtual Society Foundation, also highlighted Somnia‘s impact, mentioning that its unprecedented capabilities pave the way for massive real-time applications, from fully on-chain gaming to immersive social media and user-friendly DeFi.

The launch of Somnia’s DevNet phase is expected in the coming weeks, giving developers the opportunity to explore its speed and scalability.

This will allow interested parties to test various applications and use the system to develop innovative experiences.

Somnia’s evolution is supported by M², a network of interoperable metaverses that has raised significant funding, further strengthening Improbable’s position in the blockchain space.

Improbable remains committed to the growth of Somnia, ensuring it becomes a fully operational, high-performance blockchain ecosystem.

This new platform not only promises impressive speeds and scalability, but also offers a robust environment for application development, fostering a more open and equitable digital economy.

Somnia represents a significant advancement in the blockchain world, poised to power the next generation of decentralized applications.

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Filed under: News - @ October 25, 2024 3:25 pm