Venom Foundation, based in Abu Dhabi, just smashed a major milestone. Their next-generation blockchain protocol aced a closed-network stress test, processing a whopping 150,000 transactions per second (TPS). This speed demon also finalized all those transactions in under three seconds.
Why This Matters
This upgrade, slated for a Q3 2025 mainnet launch, positions Venom as a top contender among high-throughput public blockchains. CEO Christopher Louis highlighted the importance of reliable speed under pressure, stating the new system handles massive workloads without sacrificing decentralization or skyrocketing fees. This is a big deal for payment processors, exchanges, and game developers.
Key improvements include:
- Blazing Speed: The new system uses a DAG-based mempool consensus, potentially reaching over 400,000 TPS in ideal conditions, all while maintaining real-time finality.
- Fair Play: A distributed sorting layer prevents manipulation and exploits.
- Parallel Processing Power: Smart contracts run in parallel, making high-volume DeFi and microtransactions a breeze.
- Rock-Solid Security: The system’s design makes it nearly impossible to fork the blockchain.
- Efficient Networking: Asynchronous block distribution keeps bandwidth costs low.
The Roadmap
- Q2 2025: Testnet launch, including security audits and ecosystem tool development.
- Q3 2025: Mainnet migration via a hard fork.
- Q4 2025: Expansion of the ecosystem with cross-chain bridges and complete SDKs.
Transparency is Key
All test data, node configurations, and scripts will be publicly available on Venom’s GitHub repository before the testnet launch. Independent auditors are also verifying both security and performance.
About Venom Foundation
The Venom Foundation is a Cayman Islands-registered non-profit organization. Its team of researchers and developers are based in Abu Dhabi and are focused on research, development, and adoption of the Venom blockchain.
