Somnia, a layer 1 block chain developed by Metaverse Technology Company, based in the United Kingdom, unlikely, has become live with its netnet and introduced its native token, Somi.
The deployment follows a six -month test phase in which the Network processed more than 10 billion transactions, incorporated 118 million unique wallet addresses and attracted more than 70 partners of the ecosystem, according to a press release.
The Somnia Foundation said that the test network also saw Somnia processing 1.9 billion transactions in one day, a record for a block chain compatible with EVM. Coendesk could not verify the statements because the testing block explorer was offline at the time of writing.
“During the testnet, we had users who use applications to test the network as a Netnet Mainnet,” said Somnia founder Paul Thomas, in an email. “Therefore, we never reached our maximum performance, but that was because they were real users who used applications. As the network grows its user and application base, we hope this scale.”
Somnia has incorporated into 60 validators, including Google Cloud, which also validates a series of other block chains, including Flare, Celus and Tazos.
The network claims to deliver a performance of more than one million transactions per second with subsection and low rates, since it seems to become the most efficient blockchain network for decentralized finances (Defi) and games.
In the Mainnet debut, the network is integrated with protocols and tools such as Layerzero, Sequence, Ankr, Dia and Thirdweb. Its initial ecosystem includes social and games applications such as Variance, Maelstrom and Sparkball.
Token Somi will be used for transaction rates, validator rewards and governance.
“It is the first block chain designed for speed, scale and response capacity required to feed virtual experiences in real time, establishing the bases for an open digital assets economy where billions can interact, make transactions and exchange value in immersive environments,” said Herman Narula, founder and CEO of restless.
