Waterfall Network Integrates with InfStones
Waterfall Network, the most innovative layer one (L1) decentralized and scalable ledger, has announced its integration with InfStones, a leading infrastructure provider of enterprise-grade node management services. Waterfall Network and InfStones hosted an AMA session detailing the benefits of the integration as well as successful milestones since Waterfall’s mainnet launch.
Recap of the AMA: Unprecedented Decentralization Achievements
During the AMA, Waterfall Network discussed their participation in the Google Startup Cloud program, where the network was tested with over 1.5 million validators operating simultaneously across multiple continents. This test demonstrated Waterfall's unparalleled ability to maintain a decentralized and scalable network, a feat unmatched by any other DLT on this scale.
"To our knowledge, no other technology has been tested with this many validators, making Waterfall a pioneer in achieving decentralization at this level," said Grybniak. Despite these accomplishments, Waterfall remains committed to keeping its hardware requirements low, allowing for broader participation in the decentralized economy.
Since the mainnet public launch, Waterfall Network has added 4901 new validators and reached 339 percent of TVL (total volume locked) growth.
Bridging Scalability and Decentralization
As a key focus of the AMA, Waterfall Network and InfStones representatives discussed how Waterfall is uniquely positioned to address the long-standing challenge of combining scalability and decentralization—two features that are often difficult to achieve simultaneously. Using innovative DAG technology, Waterfall allows for parallel processing on multiple levels, enabling unprecedented scalability without compromising the core principles of decentralization.
"True scalability without decentralization doesn’t align with the core values of Web3," said Sergii Grybniak, Head of Research at Waterfall Network. "Decentralization is what sets Web3 apart from Web2, which lacks the decentralized structure that is essential for the future of blockchain technology."
Partnering with InfStones affords Waterfall Network robust infrastructure support, enhancing its scalability and reliability by leveraging InfStones' secure and scalable node management services. This enables easier deployment and management of validator nodes, further decentralizing the network while maintaining efficiency. The result is that developers and participants are more empowered to engage with Waterfall’s decentralized ecosystem.
Simplifying Blockchain Participation with Proof of Stake
The AMA also addressed Waterfall's adoption of a Proof of Stake (PoS) consensus mechanism, which stands in stark contrast to the resource-intensive Proof of Work (PoW) systems. Jeff McDonald, community strategist at Waterfall Network, highlighted how easy it is to become a node operator on Waterfall.
"Running a node on Waterfall is accessible to almost anyone, unlike Bitcoin mining, which requires significant resources and industry connections," said McDonald. "Waterfall makes it simple, opening the door for more participants in the decentralized economy."
Attractive Incentives for Validators
The AMA also covered the attractive incentives currently offered to Waterfall validators. Although the rate is adjusted according to the state of the ecosystem, the current opportunity presents significant potential for many participants. To become a validator currently requires staking 32,000 $WATER coins with an annual percentage rate (APR) of more than 100 percent.
"The rewards for validators are exceptional right now," McDonald noted. "It’s a great opportunity for anyone interested in contributing to the network."
Looking Ahead
The AMA was a resounding success, showcasing Waterfall Network’s commitment to addressing user needs and providing a seamless experience. As Waterfall continues to develop, it remains committed to its core values of enhancing decentralization and scalability and plans to continue demonstrating its dedication through strategic partnerships and exponential growth of the network, setting the stage for the next generation of Web3 applications.
Frequently Asked Questions
What is the recent integration announced by Waterfall Network?
Waterfall Network has integrated with InfStones to enhance its infrastructure and scalability capabilities in the blockchain space.
What are the key achievements of Waterfall Network highlighted in the AMA?
The AMA highlighted Waterfall's testing with over 1.5 million validators, showcasing its decentralization and scalability.
How is Waterfall Network addressing the scalability and decentralization challenges?
Waterfall utilizes innovative DAG technology for parallel processing to achieve high scalability while maintaining decentralization.
What is the Proof of Stake mechanism adopted by Waterfall?
Waterfall employs a Proof of Stake (PoS) consensus mechanism, which is more accessible and less resource-intensive compared to traditional Proof of Work systems.
What incentives are currently available for Waterfall validators?
Validators can stake 32,000 $WATER coins and earn an annual percentage rate (APR) exceeding 100 percent, presenting exceptional reward opportunities.
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