Waterfall Network: November Monthly Update ⚙️
We are pleased to share the latest milestones and updates from Waterfall Network for the past month.
🚀 Network Scalability Milestone
Waterfall Network set a new record by reaching 12,778 TPS on the mainnet, surpassing the previous peak of 1,000.
According to Chainspect (https://chainspect.app/) data, Waterfall is the most scalable EVM-based protocol available today!
📌 Read about this in the media: https://www.globenewswire.com/news-release/2024/11/06/2976198/0/en/Waterfall-Network-Mainnet-Surpasses-New-Record-for-Transactions-Per-Second-over-previous-peak-of-1-000.html
⏱️ Enhanced Block Creation Capabilities
On November 13th, Waterfall successfully completed a 3-hour test, further showcasing its scalability:
- Standard performance: 3.28 seconds per block (processing across 1-3 blocks per slot).
- Test achievement: 8 blocks created in a single 6-second slot, achieving an effective block creation time of ~0.75 seconds per block.
🔗 Expanding Decentralization
Since the public launch of $WATER over 4 months ago, the network has expanded to encompass 8,486 validators.
View the latest validator rewards statistics here: https://waterfall.network/individuals#statistics_block
Contribute to the security network and get rewards: https://waterfall.network/use-waterfall/stake-water
🌍 Global Community Engagement
Our team has been actively participating in major blockchain events, including Devcon, Staking Summit 2024, WOW Summit, Bankless Summit, and Indonesia Blockchain Week, fostering connections and sharing the vision of Waterfall Network with the global crypto community.
Thank you to our growing community and validators for their continued support!