The Waterfall Network, the first decentralized and scalable ledger on layer one (L1), has announced that it has successfully passed testing with a record 1,573,892 validators on its network. This milestone makes Waterfall the network with the highest number of validators in any Proof-of-Stake network and even more than all the popular Proof-of-Stake networks combined. This achievement expands the reach of decentralization to a wider audience than ever before. In comparison, Ethereum recently reached 1 million validator nodes, while the proof-of-stake network Solana has only around 1,600 validators.
The testing servers were strategically located on 5 continents, including South and North America, Australia, Africa, and Eurasia (both in Europe and Asia), as well as the islands of Great Britain, Japan, and Taiwan. The testing process successfully processed a total of half a million transactions.
Sergii Grybniak, Blue Wave CTO and Waterfall Head of Research, expressed confidence in the network’s ability to handle the scale of millions of validators while maintaining low requirements for each of them. He stated, “This milestone is a testament to the strength of Waterfall as the most decentralized distributed ledger technology currently available. Waterfall is the future of decentralized computing, and the proof is in the numbers.”
Waterfall conducted much of its testing through its participation in the Google Cloud Web3 Startup Program, which provided valuable resources to support the network’s testing of its validators and network. Waterfall’s protocol also incorporates an innovative Directed Acyclic Graph (DAG)-based technology that allows for virtually unlimited scalability and portability of decentralized applications (dAPPs), combining scalability and decentralization to unprecedented levels.
For more information about the future of decentralized computing and the Waterfall network, please visit https://waterfall.network/ or follow us on https://t.me/waterfall_network, https://twitter.com/waterfall_dag, or https://discord.gg/Nwb8aR2XvR.
*The comparison of the number of validators at the time of writing was taken on Ethereum, Gnosis, Elrond, Cardano, Algorand, Avalanche, Solana, Sui, Cronos, Tezos, Polkadot, Near, Cosmos, Everscale, Aptos, Polygon, Fantom, Sei, Hedera, Tron, and EOS.
About Waterfall:
Waterfall is the leading layer one (L1) architecture designed to address decentralization, security, and scalability. Its Directed Acyclic Graph (“DAG”) achieves and allows parallelism on multiple levels, pushing the boundaries of scalability and decentralization. Waterfall is Ethereum Virtual Machine (EVM) compatible, allowing for the portability of decentralized applications (dAPPs), and has very low entry requirements for participants to become validators.
