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Showing posts with the label testnet

Fuse Flash testnet and new token model changes announced

Fuse Network has announced that the Consensus Contract on the Flash Testnet network is now live, as per the latest updates shared with Finbold on July 29. Dedicated to advancing the network’s capabilities, stability, and decentralization, Fuse is likewise introducing several key updates, including a new maximum stake requirement for validators, a deflationary token model , and the integration of Polygon’s Chain Development Kit (CDK).  zkEVM Layer 2 Network  The transition to a ZK-powered Layer-2 (L2) network using Polygon CDK is expected to boost the network’s scalability, security, and interoperability.  Picks for you Nikki Haley’s net worth revealed: How much is the former South Carolina governor worth? 2 hours ago China is...

Ethereum developers deploy Dencun update to Sepolia testnet

Ethereum developers have successfully deployed the Dencun update to the Sepolia testnet. The hard fork includes several tools that are designed to reduce fees on the Ethereum blockchain, while additionally providing new opportunities for bridges and stabilization funds. This was not the first attempt to deploy the update to the test network, however, as developers did not provide launch details, but noted that Sepolia has been update d to Dencun. Sepolia has finalized! Sorry for an uneventful upgrade https://t.co/86HXWRGO7a — terence.eth (@terencechain) January 30, 2024 Dencun is also implementing proposal EIP-4844, known as “proto-danksharding.” It is designed to scale the network by creating a new transaction type to store more data. The developers expect that the update will reduce transaction fees in second-level (L2) networks based on roll-up technology. You might also like: Speed vs decentralization: could L2 solutions undermine cryptocurrency core ethos? ...

Astar Network launches zKatana layer-2 scaling solution on public testnet

The Astar Network, a smart contract platform for multi-chain, announced the launch of its zero-knowledge (ZK) Ethereum layer-2 solution, zKatana, to enhance interoperability with Ethereum-compatible chains. The zKatana testnet zKatana refers to the project’s Japanese roots, which depict a served blade used by feudal samurais in combat. The project is a zero-knowledge EVM (zkEVM) scaling solution on Ethereum (ETH) designed to increase interoperability between Astar and EVM-compatible chains. The layer-2 zkEVM solution is an addition to the tech stack of the Astar Network, comprising a variety of tools and products that offer companies and developers the best technology stacks needed to build their projects.  You might also like: JR Kyushu Railway Company launches NFTs on Astar Network to boost customer engagement zKatana would allow developers to test their innovative ideas while allowing Astar to test and confirm their theories on the network’s functionality an...