Waterfall Network ($WATER): Enhancing Web3 Staking and Decentralization. 🚀
The Waterfall Network ($WATER) is a Layer 1 blockchain technology that claims to improve Web3 staking using its hardware. What makes this project the greatest in the staking environment.
Decentralization and Validator Power
Waterfall Network is the third biggest Proof-of-Stake network after Ethereum and Gnosis with 8,910 validators. This amount of decentralization and validators assures network security, stability, and user trust.
Advanced DAG Scalability
Waterfall uses parallel blockDAG, a layer waterfall bundling method, to increase system transactions and shifts per second. This architecture outperforms Solana and Aptos in high-speed transactional needs.
Required Hardware for Entry Level
Waterfall Network validators may safeguard the network using obsolete PCs and laptops, lowering the entrance barrier for staking hopefuls.
Top-notch security and compatibility
Waterfall Network provides a proven consensus technique for user security. It also supports other dApps so developers may smoothly connect their app.
🌐 Global Testnet Success
Waterfall Network demonstrated its capabilities in Google Cloud Web 3 Starter Program. The network passed its worldwide test with 1,573,892 validators from North and South America, Australia, Africa, Eurasia, and other islands. This global engagement highlights its scalability and implementation possibilities.
High Validator Count and Expected Staking Reward
From August to November, validator communities grew from 6,949 to 8,910. Participants pay an outstanding 113% APR in $WATER tokens. Due to large projected returns, more validators are joining the network, offsetting centralization.
Staking Percentage and Community Trust
Nearly 2/3 of the 487,537,857.24 $WATER circulable supply stock (333,998,124.71 $WATER) is staked. A high staking ratio demonstrates community trust and hopes for this project.
Waterfall Network blends security, scalability, and usability to usher in a new age of decentralized staking. 🌊🚀