PANews reported on November 17 that Somnia Blockchain announced on the X platform that its DevNet has been launched, aiming to test its high-performance blockchain environment. Somnia is designed for massive applications such as games, SocialFi, DeFi and Metaverses, and promises to provide developers and users with a fast, affordable and accessible experience.
Earlier news , Improbable, a British metaverse technology company that created Yuga Labs' Otherside platform, said that Somnia claims its blockchain can 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 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.
