CandleFocus Improbable, the Company Building Yuga Labs’ Otherside, to Launch Somnia Blockchain DevNet Phase
2024-10-25
Author: Content Editor
The Somnia blockchain, developed by British metaverse technology company Improbable, is set to enter its DevNet phase in the coming weeks. Improbable claims that the blockchain will process over 400,000 transactions per second with sub-second latency and low fees. The project is spearheaded by the Virtual Society Foundation and is funded by Improbable's M2 network. Improbable's CEO, Herman Narula, stated that the blockchain aims to solve real problems and enable high transaction throughput. Narula compared the need for a better layer one in the industry to the analogy of a restaurant, stating that the current challenges require a different solution.
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