[ANN] Waterfall Network - the most decentralized BlockDAG protocol currently ava

[Waterfall Foundation]

Hello Waterfall Community!
We are excited to announce that 155 validators joined Waterfall Network last week!

Check out the current rewards here:
https://waterfall.network/individuals#statistics_block

[Waterfall Foundation]

🚨 Exciting AMA Alert! 🚨

Join us for an exclusive AMA session with Waterfall Network and our infrastructure provider Piconbello!💧

📅 Date: September 26th, 2024
⏰ Time: 3 PM UTC

The AMA session will be held on our Telegram: https://t.me/waterfall_network

We’ll dive deep into the technical aspects of our collaboration, explore how Piconbello is powering our infrastructure, and answer all your burning questions! 💬

Don’t miss this chance to learn more about how we're building the future of decentralized solutions together. 🌐

Bring your questions, and let’s make this an interactive and insightful session! 🙌

[Waterfall Foundation]

The Waterfall project is actively exploring the possibilities of decomposing their client software in order to build nodes based on heterogeneous trust clusters. This method aims to significantly boost network throughput. Initially, this might seem less decentralized compared to having each computer as a full node. However, by lowering the power requirements for nodes, the developers hope to involve many low-power devices in the project. It’s worth noting that even without this approach, the number of validators in the project is steadily approaching 10,000.

[Waterfall Foundation]

Dear Waterfall Community,

🔧 Unfortunately, due to technical issues, our AMA with Hacken is no longer available on X Spaces.

But don’t worry—you can still dive into all the details by checking out the article here: https://medium.com/@waterfall_network/hacken-audits-the-waterfall-network-for-security-and-performance-bfbfb1a65e55 📄

Stay tuned for more updates!

Join our Telegram: https://t.me/waterfall_network

[Waterfall Foundation]

The Waterfall project, a prominent Distributed Ledger Technology (DLT) project, is currently conducting research into the integration of post-quantum cryptography and zero-knowledge protocols. This initiative aims to enhance the security and privacy of their platform, preparing for the potential threats posed by future quantum computing advancements.

As quantum computing technology evolves, traditional cryptographic methods may become vulnerable. Waterfall’s research into post-quantum cryptography focuses on implementing encryption algorithms that can withstand quantum attacks. This proactive approach is crucial for maintaining data integrity and confidentiality in the face of emerging cyber threats. Besides post-quantum cryptography, Waterfall is exploring zero-knowledge protocols.

[Waterfall Foundation]

The Waterfall DLT project research group is advancing Web3 game development using distributed ledger technology (DLT). They address critical gaming issues such as fair play, fraud prevention, and seamless in-game transactions. Their decentralized platform enhances transparency and trust among users. The group has also improved blockchain scalability, essential for large-scale gaming applications. Their solutions efficiently handle high transaction volumes without compromising speed or security. These advancements position Waterfall DLT as a significant player in Web3 game development, drawing attention from industry leaders and investors.

https://waterfall.network

[Waterfall Foundation]

The Waterfall project is exploring the implementation of recurring and deferred transactions in collaboration with the Recurring Transactions on the Distributed Ledger Technologies Working Group (RTDLT_WG) under the IEEE P3228 standard. Researchers from the Waterfall team, active members of the P3228 work group, will play a key role in this initiative. This project aims to improve the framework for creating, processing, and settling digital agreements.

By using Waterfall’s innovative DLT solutions, this integration seeks to enhance interoperability and efficiency across both permissioned and permissionless networks, leading to more robust and scalable decentralized applications.

[Waterfall Foundation]

With the advent of Web3, games using decentralized platforms first appeared in 2017 and became a growing trend in 2021. This trend was initially driven by the desire to store the state of online games on independent servers, avoiding data loss and allowing players to save their achievements, and guaranteeing the integrity of the story. At the same time, developers remain in control of the gameplay.
One key characteristic of Web3 gaming is the compatibility of gaming platforms. In Web3, different games can coexist in a single metaverse, where players can save their assets and transfer them to another game. Currently, most online games can be transferred to Web3 platforms, expanding their functionality and enhancing the user experience.

[Waterfall Foundation]

Run a Node - Contribute to the security of Waterfall Network - Earn $WATER! 🌟

You need 32,000 $WATER coins to run a node (one validator requires 32,000 $WATER coins). Check out $WATER on Gate.io or P2B.

Choose your own way to run a node:

🖥️ Set up a Node on Your Own Computer: Follow our instructions how to run a Node in Docker:
https://docs.waterfall.network/tutorials/setup-docker-node-mainnet/ 

☁️ Leverage Cloud Hosting Providers: Ensure 24/7 uptime and a reliable connection by using popular cloud hosting services. Follow our instructions:
https://docs.waterfall.network/tutorials/ 

🌍 Work with Staking Infrastructure Providers: We've partnered with various staking infrastructure providers worldwide, each offering unique terms and conditions. Find your match: 
https://waterfall.network/staking-infrastructure-providers 

Check out the current rewards here: 
https://waterfall.network/individuals#statistics_block 

Start earning $WATER today by contributing to the security of the network and become a vital part of our growing community!

Join our Discord: discord.gg/PGTNCjBYhs
Join our Telegram: https://t.me/waterfall_network

[Waterfall Foundation]

In the current crypto market, Game Finance (GameFi) has emerged as a thriving sector. It basically operates on the Play-to-Earn (P2E) principle, which allows players to earn real-world value or cryptocurrency while playing and progressing in the game. The player can, for example, sell an NFT and withdraw the currency. P2E is a concept that has various adaptations, such as Move-to-Earn. In this model, people earn crypto rewards by doing various physical exercises.

However, P2E has inherent weaknesses, e.g. unsustainable economic model and dependence on future players. There is no way for every player to make money without other players losing money, or, more commonly, the game’s economy would suffer hyperinflation. To earn any return, some group of future players must spend more to keep it all going. Therefore, game developers must understand where such concerns arise and improve designs accordingly.

[Waterfall Foundation]

🚀 Waterfall Network's September Asia Roadshow Highlights 🌏 

This September, the Waterfall Network team embarked on a dynamic Asia roadshow, dedicating over 35 hours across several blockchain and Web3 events across the region.

Here's a quick recap of our journey: 
1. Coinfest Asia - We kicked things off at this premier event, networking with key players in the industry.     

2. Korean Blockchain Week - Our team participated in one of the largest gatherings in the blockchain space, connecting with partners and expanding our community in Korea.     

3. Web3 Technical Application Conference, Hangzhou- A deep dive into the technical advancements driving Web3 innovation.   

4. AI + Web3 Venture Capital Talkshow 2024, Shanghai - We discussed the future of AI and Web3 integration with industry leaders.   

5. Shanghai Crypto Community Meetup - A great opportunity to engage with our growing community in Shanghai!   

6. Google Cloud Web3 Roadshow, Singapore - We concluded our tour at this exclusive event, sharing ideas on scaling blockchain infrastructure with Google Cloud’s experts.   

🌊 Thank you to everyone who joined us along the way! Stay tuned for more updates as we continue to build and grow in the Web3 space.


Learn more: https://t.me/waterfall_network/21829

[Waterfall Foundation]

🚨 Waterfall Network Sets New TPS Record on Mainnet!🚨

On September 27, 2024, we hit a groundbreaking milestone by reaching 12,778 TPS on the mainnet, surpassing our previous testnet record of 11,667 TPS! 🚀

In just 3 tests, we generated over 1,000,000 transactions and measured how quickly they were added to blocks and fully confirmed on the network.

Today's mainnet result of 12,777 TPS (https://docs.waterfall.network/tests/mainnet-test21/ ) is more than 1,000 TPS higher than our peak testnet performance (https://docs.waterfall.network/tests/testnet8-test18/), bringing us closer to the 13,000 TPS mark! 🌟

Key factors behind this achievement:

The network operated with a 6-second slot duration.
Supported by 7,766 validators, nearly 4 times higher than during the testnet phase, ensuring efficient and reliable transaction processing.
Waterfall Network continues to push the boundaries of speed and scalability, joining the ranks of networks that outperform their testnet benchmarks on the mainnet! 🌊🔥

Find more tests by following the links:
Test 1: https://docs.waterfall.network/tests/mainnet-test19/
Test 2: https://docs.waterfall.network/tests/mainnet-test20/

[Waterfall Foundation]

There are three primary ways that games can utilize public decentralized platforms:

- Use of an existing system that has a “universal purpose,” like Ethereum.
- Creation of a personal network based on independent nodes. A decentralized platform can be created, serving not only as a platform for a single game but also for multiple games from the same developer, or as an independent system for game sales and distribution, similar to Steam.
- Creation of decentralized storage with the help of in-game clients. Each player, or select players, serves as a node for the game blockchain.

[Waterfall Foundation]

There are many blockchain platforms that can be used to develop Web3 games. Some of them offer a number of advantages and features – high transaction speed, low fees, and better integration with other gaming services – making them more suitable for developing gaming applications.
For example, on Waterfall, it is possible to create embedded tokens (including NFTs) for game assets that do not place a large load on the network. Release and maintenance of such tokens do not demand special smart contracts but are carried out with ordinary transactions that significantly reduce overhead charges while making their usage more accessible to a wide range of users.

[Waterfall Foundation]

🌊 Waterfall Network Monthly Technical Update - September 

We're excited to share the latest technical updates and improvements we've been working on! 🚀 

- Network Optimizations: Implemented key optimizations discovered during extensive load testing to enhance performance and scalability. 
- Load Testing Results: Successfully conducted load testing to assess network throughput under high demand. 
- Wanchain Bridge Testing: Tested the Wanchain bridge integration on Testnet9, moving us closer to seamless cross-chain functionality. 
- API Enhancements: Added the ability to retrieve information based on both optimistic and full consensus, giving developers greater flexibility. 
- Node Error Fix: Fixed an error during node startup when there was a new-era transaction in the pool, improving overall node reliability. 
- OnClick Setup App v0.4.2: Released version 0.4.2 of the OnClick setup app, making it easier for node operators to get started. 
- Hard Fork Prep: Testing and preparations for the upcoming hard fork are in full swing, ensuring a smooth transition. 

Stay tuned for more updates as we continue to build the future of technology! 🔥

Telegram: https://t.me/waterfall_network
Website: https://waterfall.network

[Waterfall Foundation]

🚀 Waterfall Network at Satoshi Twenty One! 🌊

In September, Waterfall Network team had the honor of participating in the Satoshi Twenty One event where we had a chance to present Waterfall’s technology.

It was an incredible opportunity to connect with industry leaders and present Waterfall Network in the Web3 space. 🌐💡

Thank you to everyone who stopped by to learn more about our journey!🔥

Learn more: https://t.me/waterfall_network/22193