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Showing posts with the label testnet

Namada Shielded Expedition testnet participants to get 3% of token supply

Namada’s “Shielded Expedition” testnet offers 3% token rewards in a multiplayer game. Participants compete in an “Asteroid Mining Competition,” accumulating ROID points. 30 million NAM tokens (3% of supply) up for grabs, driving engagement and network testing. Namada, the proof-of-stake Layer 1 blockchain protocol developed by the Anoma Foundation, has kicked off its “Namada Shielded Expedition,” an incentivized testnet promising participants 3% of the total token supply as rewards. The multiplayer role-playing game serves as a prelude to Namada’s mainnet launch in early 2024. Let’s dive into the details of this cutting-edge initiative. This strategic move aims to engage users in a multiplayer role-playing game while rigorously testing the network’s capabilities. Asteroid Mining Competition  In this innovative testnet, participants, including validators and users, are thrust into an exciti...

ConsenSys zkEVM set for public testnet to deliver secure settlements on Ethereum

ConsenSys will release its zkEVM rollup to its public testnet on March 28, paving the way for an eventual mainnet integration later in 2023. ConsenSys has announced the upcoming release of its zero-knowledge Ethereum Virtual Machine (zkEVM) rollup to a public testnet on March 28 , allowing for stress testing of the layer-2 scaling technology. ConsenSys’ research and development team has been working on its zkEVM rollup over the past four years. The zkEVM is touted to offer fast finality, high throughput and security of settlements on the Ethereum blockchain. A private beta launched in Q4 of 2022 gave early access to limited users, which processed over 350,000 transactions and onboarded various decentralized applications (DApps). The testnet allowed Solidity developers to build, test and launch DApps while testing the zkEVM at scale. Onboarding for our zkEVM is in full flow, and activity is at peak levels We’ve successfully executed 300k total transactions and are processing more than...