Somnia, a layer 1 blockchain developed by the Metaveverse technology company based in the improbable United Kingdom, launched its Mainnet and introduced its native token, Somi.
The deployment follows a six -month testing phase in which the network has processed more than 10 billion transactions, aboard 118 million unique portfolio addresses and attracted more than 70 ecosystem partners, according to a press release.
The Somnia Foundation said that the Testnet had also seen the Somnia proceed to 1.9 billion transactions in a single day, a record for an EVM compatible blockchain. Coindesk could not verify complaints due to the testnet -online testenet block explorer at the time of the editorial staff.
“During the Testnet, we had users using applications to test the network like a Mainnet would be tested,” said Somnia founder Paul Thomas in an email. “So we have never reached our maximum speed, but it was because they are real users using applications. As the network increases its user and its application base, we expect it to evolve.”
The Somnia has integrated 60 validators, including Google Cloud, which also validates a number of other blockchains, including Flare, Celo and Tezos.
The network claims to make a speed of more than a million transactions per second with a finality below a second and low costs, because it seems to become the most effective blockchain network for decentralized finance (Challenge) and the game.
During the beginnings of Mainnet, the network is integrated into protocols and tools such as Colayzero, Sequence, Ankr, Dia and ThirdWeb. Its initial ecosystem includes social games and applications such as variance, Maelstrom and Sparkball.
The Somi token will be used for transaction costs, validator rewards and governance.
“This is the first blockchain designed for the speed, scale and responsiveness required to fuel virtual experiences in real time, laying the basics of open digital asset saving where billions can really interact, transact and exchange value through immersive environments,” said Herman Narula, founder and CEO of improbable.
