Waterfall is a highly scalable and highly decentralised BlockDAG EVM-compatible Layer 1 protocol designed to provide the best tools to enable developers to build dAPPS that will help change the world. Waterfall is built utilizing Directed Acyclic Graph (DAG) technology which is an improvement over traditional blockchain solutions providing virtually unlimited scalability without compromising decentralization.

Key Takeaways:
Typically, the recognized trilemma of scalability, security, and decentralisation in distributed systems boils down to a simple tradeoff between scalability and decentralisation.
Scalability and decentralisation are necessary conditions for numerous use cases in various fields (DeFI, DePIN, IoT, Enterprise, etc). The mass adoption of DLT is compromised by this trade-off. As noted, the Waterfall protocol is based on Directed Acyclic Graph (DAG) technology with PoS consensus, which resolves the blockchain trilemma.
The prime goal of the Waterfall smart contact platform is to provide an efficient and favourable ecosystem for the development of various decentralised applications (DApps). Its many advantages include high performance, low transaction fees, a low entry threshold, minimal hardware requirements, perseverance of standards, embedded tokens, subnetworks, and dynamic adjustment. On the roadmap, includes virtually unlimited sharding and node implementation on mobile phones.