Waterfall is the next generation of DAG-based EVM-compatible smart contract platform. It can implement parallel processing block production and subsequent parallel execution at single and multi-block levels. Waterfall’s potential scalability can be compared to the most scalable projects and achieve this while maintaining a very high level of decentralization (potential millions of validators). When the mobile device functionality is developed, its capabilities may be expanded to tens of millions or even hundreds of millions of users. Waterfall is designed to have very low hardware requirements (2 core CPU and 4GB RAM).