Waterfall Network Achieves Record-Breaking 12,778 Transactions Per Second on Mainnet

In a significant leap forward for blockchain technology, Waterfall Network has announced a groundbreaking achievement on its mainnet, processing an impressive 12,778 transactions per second (TPS). This milestone not only surpasses the network's previous testnet peak of 11,667 TPS but also positions Waterfall Network as a frontrunner in blockchain scalability and performance.

The record-breaking performance was demonstrated through a series of three tests conducted on the mainnet, during which over 1,000,000 transactions were generated and rapidly confirmed on the network. This achievement is particularly noteworthy as it occurred on the live mainnet, which launched in July, rather than in a controlled testnet environment.

Waterfall Network's exceptional TPS rate outpaces several prominent blockchain networks, including both EVM-compatible and non-EVM platforms such as Monad, SEI, Solana, and Aptos. This performance data, verified by Chainspect, an independent blockchain analytics platform, underscores Waterfall's position as one of the most scalable EVM-based protocols currently available.

The network's impressive performance is bolstered by its robust validator network, which now comprises 8,232 validators—nearly quadruple the number present during the testnet phase. This significant increase in validators not only enhances the network's decentralization but also contributes to its efficient and reliable transaction processing capabilities.

Sergii Grybniak, Blue Wave CTO and Waterfall Head of Research, emphasized the network's achievement in surpassing testnet benchmarks on the mainnet, a feat accomplished by very few networks. He highlighted Waterfall Network's trajectory towards becoming one of the most scalable decentralized networks in the blockchain space, with the added advantage of being operable on a wide range of node types.

Further solidifying its position in the blockchain ecosystem, Waterfall Network has demonstrated its capacity to support over 1.5 million validators, surpassing other proof-of-stake networks, including Ethereum. This capability has been verified through testing conducted with support from the Google Cloud Web3 Startup Program, utilizing a diverse range of computing resources from home-based computers to cloud servers provided by major tech giants.

The network's innovative approach extends to its underlying technology, which incorporates a next-generation Directed Acyclic Graph (DAG) architecture. This design enables potentially unlimited scalability and facilitates the portability of decentralized applications (dApps), addressing key challenges in the blockchain industry.

Waterfall Network's achievements have broader implications for the blockchain and cryptocurrency sectors. The ability to process transactions at such high speeds while maintaining decentralization could pave the way for more widespread adoption of blockchain technology in various industries. Improved scalability and transaction speeds are crucial for applications ranging from decentralized finance (DeFi) to supply chain management and beyond.

As blockchain technology continues to evolve, Waterfall Network's breakthroughs in performance and scalability represent a significant step forward. The network's ability to maintain high transaction speeds with a large number of validators demonstrates that it is possible to achieve both scalability and decentralization—a balance that has long been a challenge in the blockchain space.

The implications of this achievement extend beyond technical milestones. Improved blockchain performance could lead to more efficient and cost-effective decentralized applications, potentially accelerating the adoption of blockchain technology in everyday use cases. As Waterfall Network continues to develop and refine its technology, it may well set new standards for what is possible in the realm of decentralized ledger technologies.