Benzinga - by Murtuza Merchant, Benzinga Staff Writer.
Waterfall Network, a scalable blockchain platform, has launched a new desktop application for Windows and macOS, making participation in the ecosystem accessible to a wider audience.
What Happened: Sergii Grybniak, CTO of Blue Wave and Head of Research at Waterfall said the application facilitates the effortless setup of a full node on the Waterfall Network with a simple one-click process.
This innovation opens the door for users with minimal technical knowledge to engage directly with the blockchain, offering them the opportunity to contribute to network security and earn rewards through staking.
Designed for ease of use, the desktop app requires users to download it, connect their Metamask wallet, and with one click, have their node operational and synchronized with the network. Participants can then manage various aspects of their node, from activating it for staking rewards to customizing settings and managing block producers.
This approach not only democratizes access to blockchain technology but also prepares the Waterfall Network for a broader user base ahead of its mainnet launch.
The Waterfall Network distinguishes itself with a protocol that supports over 10,000 transactions per second, alongside numerous optimizations for speed, reliability, and storage efficiency.
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With a focus on scalability, the network utilizes Directed AcyclicGraph (DAG) technology, allowing for the seamless scalability of decentralized applications with minimal processing power requirements.
This ensures that anyone can operate a validator node, making the network accessible to participants with even the most basic hardware.
As an Ethereum Virtual Machine (EVM) compatible platform, Waterfall Network caters to the vast Ethereum developer community, eliminating the need to learn new programming languages.
This compatibility extends Waterfall’s utility and accessibility, further underlining its commitment to solving the “blockchain trilemma” of achieving security, scalability, and decentralization without compromise.
What Happened: These developments will likely be a topic of keen interest at the Benzinga’s Future of Digital Assets conference on Nov. 19, where industry leaders will explore the implications of such technological advancements on the future of blockchain.
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