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Waterfall is a highly-scalable smart contract platform for the development of various decentralized applications (Dapps). The distributed protocol is based on DAG (Directed Acyclic Graphs) technology, with fast finality Proof-of-Stake (PoS) consensus. The Waterfall platform relies on Coordinating and Shard networks achieving high transaction throughput via parallelized block production. Each network Worker consists of two parts, a Coordinator and a Validator, presented in their corresponding networks.