Gaming technology startup Improbable has announced plans to develop its own layer-1 blockchain, Somnia, which the firm claims will process over 400,000 transactions per second.

Somnia, which plans to launch in devnet in the coming weeks, has “cracked the scalability problem that has long hindered blockchain technology,” Improbable founder and CEO Herman Narula claimed in a statement. He added that the firm leveraged its “knowledge from gaming and distributed systems” to develop Somnia, which is eyeing “mass consumer applications” including gaming, social platforms and decentralized finance (DeFi).

The EVM-compatible blockchain will use the “breakthrough technology” of ICEdb,

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Author: Stephen Graves