Waterfall Becomes First Proof-of-Stake Network to Pass the Test with 1.5 Million Validators

Waterfall
Network, the
first
layer
one (L1) decentralized
and
scalable
ledger,
today
announced
it
has
passed
success
testing
with
a
record
1,573,892
validators
on
its
network.
Waterfall
now
was
tested
with
more
validators
than
any
other
Proof-of-Stake
network
and all
the
popular
Proof-of-Stake
networks
combined*,
expanding
the
reach
of
decentralization
to
more
places
than
it
has
ever
been.
By
comparison,
Ethereum
recently
passed
1
million
validator
nodes,
and
proof-of-stake
network
Solana
only
has
approximately
1,600
validators. 

The
servers
for
the
testing
were
located
on
5
continents
–
South
and
North
America,
Australia,
Africa,
and
Eurasia
(both
in
Europe
and
Asia)
–
and
the
islands
of
Great
Britain,
Japan,
and
Taiwan.
A
total
of
a
half
a
million
transactions
were
processed. 

“We
have
proven
that
our
network
will
work
on
the
scale
of
millions
of
validators,
preserving
the
low
requirements
for
each
of
them
at
a
scale
no
one
has
ever
achieved.
This
milestone
is
a
testament
to
the
strength
of
Waterfall
as
the
most
decentralized
distributed
ledger
technology
currently
available,”
commented
Sergii
Grybniak,
Blue
Wave
CTO
and
Waterfall
Head
of
Research. “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
invaluable
resources
supporting
Waterfall
test
the
strength
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
the
levels
which
has
not
been
reached
before.
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  

*for
comparison
were
taken
the
number
of
validators
at
the
moment
of
writing
on
Ethereum,
Gnosis,
Elrond,
Cardano,
Algorand,
Avalanche,
Solana,
Sui,
Cronos,
Tezos,
Polkadot,
Near,
Cosmos,
Everscale,
Aptos,
Polygon,
Fantom,
Sei,
Hedera,
Tron,
EOS

About
Waterfall

Waterfall
is
the
leading
layer
one
(L1)
architecture
to
solve
decentralization,
security,
and
scalability.
Waterfall’s
Directed
Acyclic
Graph
(“DAG”)
achieves
and
allows
parallelism
on
multiple
levels
pushing
further
the
boundaries
of
combination
of
scalability
and
decentralization.
Waterfall
is
Ethereum
Virtual
Machine
(EVM)
compatible,
allowing
for
portability
of
decentralized
applications
(dAPPs),
and
has
very
low
entry
requirements
for
the
participants
to
become
validators.