PANews reported on October 25 that according to CoinDesk, Improbable, a British metaverse technology company that created Yuga Labs' Otherside platform, announced that the Somnia blockchain will enter the DevNet stage in the coming weeks. Somnia claims to be able to process more than 400,000 transactions per second (TPS), with low latency, low fees, and compatibility with the Ethereum Virtual Machine (EVM).
Improbable CEO Herman Narula said that Somnia's high throughput technology will help realize more on-chain applications, and criticized the current industry for being too short-term-oriented and lacking high-performance blockchain support. The project was initiated by the Virtual Society Foundation and supported by investors such as a16z and SoftBank. Narula emphasized that the team has been committed to solving performance bottlenecks for two years, with the goal of building large-scale metaverse applications.
