Waterfall is a highly scalable and highly decentralised BlockDAG EVM-compatible Layer 1 protocol. Waterfall was built based on Directed Acyclic Graph (DAG) technology. It provides a high-performance ecosystem for developing decentralised applications (DApps).Waterfall challenges the trilemma of scalability, decentralisation and security by dramatically increasing scalability, rivalling and exceeding the scalability of conventional centralised platforms like VISA.