Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

XRP price that risks more losses – Can important support hold?

2025-06-02

Solana Price Prediction 2025, 2026-2030: Sol Price objectives $ 500?

2025-06-02

Count on Fed’s decision: Is Bitcoin’s $ 100k support on the Brink?

2025-06-02
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
Facebook X (Twitter) Instagram
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain

    OKX Wallet works together with Sidekick Labs to improve the Web3 accessibility

    2025-06-02

    Taskon Partners GPT360 to accelerate the expansion of the Web3 community

    2025-06-02

    Goplus Security reveals Goplus-MCP, the first AI-Native Security Layer for Web3

    2025-06-02

    Solana to get the first Kaito-like Mindshare Leaderboard

    2025-06-01

    In and Ecocreds partner to stimulate transparent, blockchain-driven sustainability

    2025-06-01
  • NFT

    NFT -Market sees mixed results, polygon leads while Ethereum Collections is back

    2025-06-01

    Performance Art Duo Operator ‘Make Movement Collectible’ with NFTS

    2025-05-31

    NFT -Market sees $ 3.91 million volume on OpenSea in the midst of cryptopunks’ dominance

    2025-05-31

    Courtyard Bovent the turnover, Doodles leads in growth

    2025-05-29

    Under exposed EP 27 – Macro, Alt SZN and the Hype trade

    2025-05-28
  • Metaverse

    Shib: The Metaverse – Part of the expanding Shiba Inu ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Human Digital Life

    2024-12-13

    Exploring NetVRk: What’s Behind This AI-Powered Virtual Universe?

    2024-10-28

    Council of Europe emphasizes the impact of Metaverse on privacy and democracy

    2024-09-05
  • Analysis

    XRP price that risks more losses – Can important support hold?

    2025-06-02

    Tradefi Giant and FTSE-Genotaed IG launches Retail Crypto Trading in the UK with succeeding tomorrow

    2025-06-02

    Bitcoin can go to the impending correction mode for ‘weeks and weeks’, according to analyst Willy Woo – here is why

    2025-06-02

    Bitcoin Price Eyes New winnings – Does the next leg be higher?

    2025-06-01

    Bitcoin will explode to new all time High, just like traders are super bearish to btc, according to analyst

    2025-06-01
  • Learn

    What Is Asset Tokenization? How It Works and Why It’s Important

    2025-05-30

    What Is DeFi 2.0 and Why It Matters

    2025-05-27

    Crypto Margin Trading: How It Works and How to Manage the Risks

    2025-05-26

    Wat is circulerende levering in cryptocurrency?

    2025-05-23

    What Is a DEX (Decentralized Exchange)?

    2025-05-21
  • Blog
  • Contact
    • Tech7685@gmail.com
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Blockchain»The Company Building Yuga Labs’ Otherside Is Unlikely to Launch Somnia Blockchain DevNet Phase
Blockchain

The Company Building Yuga Labs’ Otherside Is Unlikely to Launch Somnia Blockchain DevNet Phase

2024-10-26No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

The Somnia blockchain will enter the DevNet phase in the coming weeks.

Improbable claims that the blockchain will process more than 400,000 transactions per second.

Unlikely, the British metaverse tech company creating Yuga Labs’ Otherside platform, has said that the Somnia blockchain will enter its DevNet phase in the coming weeks.

The blockchain will process more than 400,000 transactions per second (TPS) with sub-second latency and low fees, according to Improbable, and is also compatible with Ethereum Virtual Machine (EVM).

“The blockchain [will] enable very, very high transaction throughput and the ability to put more things on the chain,” unlikely co-founder and CEO Herman Narula told CoinDesk.

“No one has managed to build a powerful blockchain in the past ten years. I think the incentives in the space have really turned people towards short-term gains, pumping tokens [and] we’re not really solving real problems,” he said, adding that average transaction volumes at some chains are in the single digits.

The project is led by the Virtual Society Foundation, which Improbable helped set up in March this year. It is funded by Improbable’s M2, a network of interoperable metaverses backed by investors such as a16z and SoftBank.

He said that over the past two years his team has been researching and building new technology that enables hundreds of thousands of transactions per second, which is “really essential for building any kind of real applications.”

In one Tweet thread earlier this year, Narula said the industry needs a better layer to build true consumer-scale metaverses.

See also  Nunet introduces Nunet Appliance and breaks barriers in decentralized computer use

He used the analogy of a restaurant to explain the current challenges. “Parallel execution means more waiters, so more tables can be served. That’s fine, unless everyone’s orders start referring to everyone else’s orders… then things go terribly wrong. This requires a very different solution, one that is surprisingly similar to what we had to do to handle billions of motion updates when there is a crowd in one place.” he said.

“That’s why our plan is not more waiters… to use a non-technical analogy, we plan to give one waiter a whole bunch of drugs to make them work faster… In conclusion, Somnia: let’s give the EVM crack.”

Source link

Blockchain Building Company Devnet Labs Launch Otherside Phase Somnia Yuga
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

OKX Wallet works together with Sidekick Labs to improve the Web3 accessibility

2025-06-02

Bitcoin price risks are broken down to $ 92,000 when it enters the battery phase

2025-06-02

Taskon Partners GPT360 to accelerate the expansion of the Web3 community

2025-06-02

Goplus Security reveals Goplus-MCP, the first AI-Native Security Layer for Web3

2025-06-02
Add A Comment

Comments are closed.

Top Posts

Assessing whether TRX can soon leave its sideways path

2023-09-24

MakerDAO’s revenue stats can help you decide if you should invest in MKR

2022-10-13

IRS Official Expects More Crypto Cases Amid Rise in Tax Violations, Says Public-Private Partnerships Critical

2024-04-14
Editors Picks

$1,100,000,000,000 of New Global Money Supply Injected into Bitcoin and Other Assets in Two Years: Jamie Coutts

2024-12-01

Ethereum Price Could See Downside Thrust Before Fresh Increase

2023-08-12

Palau and German lender WIBank launch blockchain bonds

2024-10-17

Eafintech works together with Crossfi to stimulate transparent, scalable financial innovation

2025-01-31
About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

XRP price that risks more losses – Can important support hold?

Solana Price Prediction 2025, 2026-2030: Sol Price objectives $ 500?

Count on Fed’s decision: Is Bitcoin’s $ 100k support on the Brink?

Get Informed

Subscribe to Updates

Get the latest news and Update from Free.cc about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
© 2025 Free.cc - All rights reserved. Contact: info@free.cc

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$104,035.88-0.60%
  • ethereumEthereum(ETH)$2,511.580.16%
  • tetherTether USDt(USDT)$1.000.02%
  • rippleXRP(XRP)$2.15-0.18%
  • binancecoinBNB(BNB)$654.390.44%
  • solanaSolana(SOL)$152.72-0.30%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.189853-0.41%
  • tronTRON(TRX)$0.267162-0.33%
  • cardanoCardano(ADA)$0.670.31%
  • suiSui(SUI)$3.25-1.29%
  • hyperliquidHyperliquid(HYPE)$32.962.40%
  • chainlinkChainlink(LINK)$13.70-1.46%
  • avalanche-2Avalanche(AVAX)$20.46-0.77%
  • stellarStellar(XLM)$0.2654060.25%
  • bitcoin-cashBitcoin Cash(BCH)$399.52-0.73%
  • the-open-networkToncoin(TON)$3.161.11%
  • unus-sed-leoUNUS SED LEO(LEO)$8.33-3.97%
  • shiba-inuShiba Inu(SHIB)$0.000013-0.51%
  • hedera-hashgraphHedera(HBAR)$0.1685420.68%
  • litecoinLitecoin(LTC)$87.920.30%
  • moneroMonero(XMR)$358.8910.18%
  • polkadotPolkadot(DOT)$4.01-0.76%
  • ethena-usdeEthena USDe(USDE)$1.000.00%
  • bitget-tokenBitget Token(BGB)$4.710.48%
  • daiDai(DAI)$1.000.01%
  • pepePepe(PEPE)$0.000012-0.77%
  • piPi(PI)$0.64-0.54%
  • uniswapUniswap(UNI)$6.230.82%
  • aaveAave(AAVE)$248.661.55%
  • bittensorBittensor(TAO)$407.03-3.15%
  • crypto-com-chainCronos(CRO)$0.1038571.52%
  • aptosAptos(APT)$4.73-0.28%
  • okbOKB(OKB)$49.54-1.00%
  • nearNEAR Protocol(NEAR)$2.41-0.52%
  • ondo-financeOndo(ONDO)$0.830.18%
  • internet-computerInternet Computer(ICP)$4.89-0.64%
  • ethereum-classicEthereum Classic(ETC)$16.960.39%
  • gatechain-tokenGateToken(GT)$19.18-0.07%
  • mantleMantle(MNT)$0.68-0.02%
  • kaspaKaspa(KAS)$0.0859280.73%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2145090.79%
  • official-trumpOFFICIAL TRUMP(TRUMP)$11.12-1.46%
  • usd1World Liberty Financial USD(USD1)$1.00-0.01%
  • vechainVeChain(VET)$0.024075-0.06%
  • render-tokenRender(RENDER)$3.82-1.58%
  • ethenaEthena(ENA)$0.3105540.10%
  • artificial-superintelligence-allianceArtificial Superintelligence Alliance(FET)$0.74-1.44%
  • worldcoin-wldWorldcoin(WLD)$1.13-0.65%
  • filecoinFilecoin(FIL)$2.54-0.39%
  • bitcoinBitcoin(BTC)$104,035.88-0.60%
  • ethereumEthereum(ETH)$2,511.580.16%
  • tetherTether USDt(USDT)$1.000.02%
  • rippleXRP(XRP)$2.15-0.18%
  • binancecoinBNB(BNB)$654.390.44%
  • solanaSolana(SOL)$152.72-0.30%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.189853-0.41%
  • tronTRON(TRX)$0.267162-0.33%
  • cardanoCardano(ADA)$0.670.31%
  • suiSui(SUI)$3.25-1.29%
  • hyperliquidHyperliquid(HYPE)$32.962.40%
  • chainlinkChainlink(LINK)$13.70-1.46%
  • avalanche-2Avalanche(AVAX)$20.46-0.77%
  • stellarStellar(XLM)$0.2654060.25%
  • bitcoin-cashBitcoin Cash(BCH)$399.52-0.73%
  • the-open-networkToncoin(TON)$3.161.11%
  • unus-sed-leoUNUS SED LEO(LEO)$8.33-3.97%
  • shiba-inuShiba Inu(SHIB)$0.000013-0.51%
  • hedera-hashgraphHedera(HBAR)$0.1685420.68%
  • litecoinLitecoin(LTC)$87.920.30%
  • moneroMonero(XMR)$358.8910.18%
  • polkadotPolkadot(DOT)$4.01-0.76%
  • ethena-usdeEthena USDe(USDE)$1.000.00%
  • bitget-tokenBitget Token(BGB)$4.710.48%
  • daiDai(DAI)$1.000.01%
  • pepePepe(PEPE)$0.000012-0.77%
  • piPi(PI)$0.64-0.54%
  • uniswapUniswap(UNI)$6.230.82%
  • aaveAave(AAVE)$248.661.55%
  • bittensorBittensor(TAO)$407.03-3.15%
  • crypto-com-chainCronos(CRO)$0.1038571.52%
  • aptosAptos(APT)$4.73-0.28%
  • okbOKB(OKB)$49.54-1.00%
  • nearNEAR Protocol(NEAR)$2.41-0.52%
  • ondo-financeOndo(ONDO)$0.830.18%
  • internet-computerInternet Computer(ICP)$4.89-0.64%
  • ethereum-classicEthereum Classic(ETC)$16.960.39%
  • gatechain-tokenGateToken(GT)$19.18-0.07%
  • mantleMantle(MNT)$0.68-0.02%
  • kaspaKaspa(KAS)$0.0859280.73%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2145090.79%
  • official-trumpOFFICIAL TRUMP(TRUMP)$11.12-1.46%
  • usd1World Liberty Financial USD(USD1)$1.00-0.01%
  • vechainVeChain(VET)$0.024075-0.06%
  • render-tokenRender(RENDER)$3.82-1.58%
  • ethenaEthena(ENA)$0.3105540.10%
  • artificial-superintelligence-allianceArtificial Superintelligence Alliance(FET)$0.74-1.44%
  • worldcoin-wldWorldcoin(WLD)$1.13-0.65%
  • filecoinFilecoin(FIL)$2.54-0.39%