In 2024, Waterfall (WATER) was launched as the next generation EVM compatible smart contract platform based on DAG. It aims to address scalability and decentralization challenges in the blockchain industry.
As a highly scalable and decentralized platform, Waterfall plays a crucial role in the smart contract and DApp development ecosystem. It enables parallel processing and parallel execution on single shard and multi-shard levels, potentially supporting millions of validators.
As of 2025, Waterfall has become a notable player in the blockchain space, offering very low hardware requirements (2 cores CPU and 4 GB RAM) and the potential to scale to tens or hundreds of millions of users when mobile device functionality is developed.
Waterfall was created in 2024 to address the scalability issues prevalent in existing blockchain networks while maintaining a high level of decentralization. It emerged during a period of increasing demand for more efficient and scalable blockchain solutions.
The project's goal was to provide a platform that could potentially support millions of validators and later expand to mobile devices, enabling widespread adoption and use.
Waterfall's development is supported by its community and development team, focusing on enhancing its technology, security, and real-world applications.
Waterfall operates on a decentralized network of computers (nodes) spread across the globe, free from control by any single entity. These nodes collaborate to validate transactions, ensuring system transparency and attack resistance, thus empowering users with greater autonomy and enhancing network resilience.
Waterfall's blockchain is a public, immutable digital ledger that records every transaction. Transactions are grouped into blocks and linked through cryptographic hashes, forming a secure chain. Anyone can view the records, establishing trust without intermediaries.
Waterfall's unique DAG-based architecture, combined with its EVM compatibility, allows for enhanced performance and scalability.
Waterfall uses a consensus mechanism to validate transactions and prevent fraudulent activities such as double-spending. Validators maintain network security through their participation and are rewarded with WATER tokens.
Its innovative approach includes parallel processing and execution, potentially allowing for higher transaction throughput and improved scalability compared to traditional blockchain architectures.
Waterfall utilizes public-private key cryptography to secure transactions:
This mechanism ensures fund security while maintaining transaction privacy. The platform's design aims to support a large number of validators, potentially enhancing the overall security and decentralization of the network.
As of October 28, 2025, WATER's circulating supply is 4,272,222,463.79 tokens, with a total supply of 25,000,000,000.
WATER reached its all-time high of $0.02 on July 17, 2024. Its lowest price was $0.0000883, occurring on August 1, 2025. These fluctuations reflect market sentiment, adoption trends, and external factors.
Click to view the current WATER market price

WATER's ecosystem supports various applications:
WATER has established itself as a next-generation platform, potentially collaborating with projects seeking high scalability and decentralization.
WATER faces the following challenges:
These issues drive ongoing discussions within the community and market, propelling WATER's continuous innovation.
WATER's community is growing, with potential for millions of validators due to its low hardware requirements. On X, hashtags like #WATER and #WaterfallNetwork may gain traction as the project develops. Factors such as technological advancements and scalability potential could ignite community enthusiasm.
X sentiment may show divergent opinions:
Recent trends likely reflect cautious optimism as the project develops.
X users may discuss WATER's key issues such as:
These discussions highlight both WATER's transformative potential and the challenges it faces in mainstream adoption.
WATER is redefining blockchain technology by offering a unique combination of DAG-based architecture and EVM compatibility, providing potential benefits such as high scalability and decentralization. Its innovative approach and clear vision for a highly scalable smart contract platform position it as a project to watch in the decentralized technology space. Despite facing challenges such as technical implementation and market competition, WATER's commitment to innovation and scalability make it an intriguing project for both newcomers and experienced players in the cryptocurrency field.
Water is a clear, colorless liquid essential for life. It's composed of hydrogen and oxygen (H₂O) and forms oceans, rivers, and rain.
Water is a vital cryptocurrency in the Web3 ecosystem, symbolized by 💦. It represents digital liquidity and aims to facilitate seamless transactions in the decentralized finance space.
Water is a colorless, odorless liquid composed of hydrogen and oxygen (H₂O). It's essential for life and exists in solid, liquid, and gas forms.
Water (H2O) is a molecule of two hydrogen atoms and one oxygen atom. It exists in solid, liquid, and gas forms, with unique properties like cohesion and expansion when freezing.
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