There is no denying that blockchain technology will play a key role in the future of business. But the Blockchain trilemma of security, scalability and decentralization has slowed the adoption of blockchain due to the inevitable tradeoff among those categories.
The Waterfall Project has worked tirelessly for the past few years to solve the blockchain trilemma and is now on the verge of launching its proprietary solution, leveraging decentralized acyclic graph (DAG) technology to dramatically accelerate block production without sacrificing decentralization.
Learn more about the Waterfall Project's unique features, and how you can get involved in growing the project and supporting its mission.
The platform boasts a proprietary consensus protocol based on horizontal scaling with subnetworks, and a well-thought-out tokenomics model that makes the platform highly resistant to fraudulent attacks.
Some of the platform's main features include:
Waterfall's system-scalable DAG-based block structures allow for multiple block production, forming a DAG and achieving fast transaction finality. Waterfall can potentially simultaneously process the same amount of transactions as Visa, MasterCard, and Union Pay on its primary decentralized layer, even during peak times.
Waterfall's architecture and were developed with low transaction fees in mind. As the network scales dynamically, the system expands by production multiple blocks simultaneously in the same slot, thereby reducing transaction fees.
In one block, 10,000 transactions can fit, and multiple blocks can be created simultaneously. This ensures the lowest possible fees within the network.
Waterfall provides a great opportunity for node runners with its extremely low entry threshold and minimum hardware requirements. A node of 6 Workers costs only 19,200 WATER, and a node can be run on almost any computer or with consistent internet access.
The Waterfall system dynamically adapts a load by automatically adjusting its slot time, the width of the DAG spray(in development phase) and other key parameters that allow network behavior to achieve scalability.
How You Can Get Involved in the Waterfall Project
Waterfall is leading the pack in defining the future of blockchain adoption, and excitement is growing as users discover the value of its innovative features. The platform is now on the verge of its mainnet launch, and you can become a part of this game-changing BlockDAG platform.
Here are some ways you can get involved:
- Contribute to Waterfall Network project by running a node on its final testnet. The platform provides easy-to-follow tutorials that quickly put you in the mix, giving you an opportunity to learn while you make an impact.
