Waterfall is a highly scalable and highly decentralized Layer 1 protocol based on Directed Acyclic Graph (DAG) technology, with Proof-of-Stake (PoS) consensus involving the participation of millions of nodes. With the capacity to support millions of nodes, Waterfall provides an efficient and user-friendly ecosystem for developing decentralized applications (DApps). The Waterfall platform is based on Ethereum Virtual Machine (EVM).