Wavelet Description
Wavelet is capable of processing more than 31,240 transactions per second using 240 DigitalOcean instances (2vCPUs and 4GB RAM), under realistic networking conditions that include 2% packet loss, capped transfers rates of 1MB/s, 220ms communication latency, and capped transfer speeds of 1MB/s. Open ledger to allow the creation of mission-critical, scalable WebAssembly apps. Wavelet guarantees that transactions will be ordered, replicated, consistent, and consistent across a network of untrusted computers. It also supports upgradeability, decentralized governance and smart contract execution with 2-4 second finality for millions of nodes. Wavelet guarantees that transactions cannot be changed and can never be reversed once they are completed. An innovative, secure pruning mechanism reduces system requirements to run a full Wavelet node. It requires only a healthy Internet connection as well as 512MB RAM.
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