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Cryptocurrency News Articles
Venom Foundation Successfully Completes Closed-Network Stress Test of Its Next-Generation Protocol
May 23, 2025 at 10:20 pm
The Venom Foundation has successfully completed a closed-network stress test of its next-generation protocol, which is capable of completing 150,000 transactions per second (TPS) and finalizing all transfers in under three seconds.
The Venom Foundation has successfully completed a closed-network stress test of its next-generation protocol, which is capable of sustaining 150,000 transactions per second (TPS) and confirming all deposits within three seconds.
The integration of this upgrade is anticipated in Q3 2025, positioning Venom among the most efficient throughput public blockchains.
“Throughput only matters if it can stay reliable under pressure,” said Christopher Louis, Chief Executive Officer at Venom. “Our new stack can handle enterprise-scale workloads without spiking fees or compromising decentralization, which is exactly what payment providers, exchanges, and game studios need.”
What It Means for Markets
The Venom Foundation is introducing a significant upgrade to its core protocol in 2025. This upgrade will introduce a novel consensus engine, a next-generation throughput layer, and several new smart contracts functions.
The primary goal of this initiative is to optimize the network for large-scale decentralized applications (DApps) and open up new use cases for the Web3 ecosystem.
The introduction of this upgrade is planned for Q3 2025.
Path to Production
Testnet (Q2 2025) - Security audits, ecosystem tooling, third-party audits
Mainnet Migration (Q3 2025) - In-place hard fork
Ecosystem Expansion (Q4 2025) - Cross-chain bridges, feature-complete SDKs
Transparency
All raw data, node configurations, and test scripts will be published to Venom’s public GitHub repository ahead of the testnet launch. Independent auditors are currently reviewing both the security and performance aspects of the upgrade.
About The Venom Foundation
The Venom Foundation is a team of researchers and developers based in Abu Dhabi, who built the foundation for the network. It is a Cayman-registered, community-driven non-profit organization that supports research, development and adoption of the Venom blockchain.
The foundation is focused on expanding the use cases for Web3 technologies and is committed to working with a wide range of partners to achieve this goal.
Website: https://venom.foundation/
https://x.com/VenomFoundation/
Press contact: press@venom.foundation
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- 2025-W Uncirculated American Gold Eagle and Dr. Vera Rubin Quarter Mark New Products
- Jun 13, 2025 at 06:25 am
- The United States Mint released sales figures for its numismatic products through the week ending June 8, offering the first results for the new 2025-W $50 Uncirculated American Gold Eagle and the latest products featuring the Dr. Vera Rubin quarter.
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- H100 Group AB Raises 101 Million SEK (Approximately $10.6 Million) to Bolster Bitcoin Reserves
- Jun 13, 2025 at 06:25 am
- In a significant move reflecting the growing convergence of healthcare technology and digital finance, Swedish health-tech firm H100 Group AB has raised 101 million SEK (approximately $10.6 million) to bolster its Bitcoin reserves.
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