Waterfall Network improves decentralization and scalability through protocol upgrades and pre-launch forks.

Waterfall Network has made significant progress with its latest protocol upgrades, marking a milestone in its pursuit of a decentralized and scalable ledger solution. The announcement of a successful fork and protocol upgrade reaffirms Waterfall’s commitment to innovation and a user-friendly ecosystem by delivering a variety of features aimed at improving synchronization between coordinators and validators.

The protocol upgrade introduces several key features that promise to revolutionize the landscape of blockchain technology. Among these features is storage optimization, which significantly reduces disk storage requirements from 50GB to a more efficient size. These optimizations not only improve network efficiency, but also highlight Waterfall’s commitment to ensuring sustainable and resource-efficient solutions.

One of the standout features of the upgrade is the introduction of a stake delegation trial period, which will allow users to withdraw their rewards while their initial stake is locked during the trial period. This innovative approach not only encourages participation, but also improves the flexibility and accessibility of the platform, opening the door for a wider user base to join the network.

Additionally, the protocol upgrade facilitates stake delegation, enabling collaboration for equity financing and proportional distribution of rewards and stake amounts among contributors. This collaborative approach not only fosters community participation, but also democratizes participation, making the network more inclusive and resilient.

Security remains paramount in the blockchain ecosystem and Waterfall Network solves this problem by introducing a secure cold wallet for staked amounts. This feature allows users to delegate coins directly from cold wallets for staking, ensuring a secure process for projects with large-scale use cases and mitigating the risks associated with traditional staking methods.

In addition to these groundbreaking features, the protocol upgrade introduces space leasing for node workers, allowing node runners to rent free space on the node for additional workers. This innovation simplifies the process for users to run applications while providing additional rewards to node runners, fostering a symbiotic relationship within the network.

Sergii Grybniak, Head of Research at Waterfall Network, highlighted the role of these upgrades in enhancing the network’s agility and responsiveness to market demands.

“The success of these upgrades is critical to Waterfall as it makes our technology development process agile, with updates occurring frequently to meet growing market demands,” he asserts.

Grybniak also highlights Waterfall’s commitment to decentralization and scalability through the introduction of new features that enhance the user experience and improve the overall efficiency of the ecosystem.

In addition to the headline features, the protocol upgrade brings additional improvements such as improved synchronization between coordinators and validators, resolution of synchronization errors during stake or reward withdrawal operations, and minimum block verification before sending over the network. These improvements not only enhance the reliability and functionality of the system, but also lay a strong foundation for future innovation and advancement.

waterfall network Recently $2 million raised In Pre-Series A funding round Byte Trade LabI am an early stage Web3 investor.

Read: Waterfall Network Unveils Testnet 8