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Venom blockchain announces launch of its public testnet

Venom blockchain announces launch of its public testnet

The public testnet for Venom, a Layer-1 blockchain based on the Abu Dhabi Global Market (ADGM) that enables the acceleration of global Web3 projects has gone live.

With the release of the testnet Venom also introduced ten in-house decentralized application (dApps) on the testnet as part of its expanding ecosystem, that users and developers can test out immediatiately, according to the latest information shared with Finbold on April 25. 

For instance, users may get first-hand experience with dApps while developers can test and debug blockchain technologies. The program’s overarching objective is to foster creativity and collaboration among ecosystem participants.

Now that the innovative and highly scalable blockchain infrastructure is now open to developers and users for testing it ultimately represents an important achievement in Venom’s plan as it prepares to debut on the mainnet.

The asynchronous Venom blockchain, boasts ultra-fast speed at 100,000 transactions per second (TPS) and a dynamic sharding feature for enhanced security, efficiency, and scalability. Furthermore, it will soon provide developers with the opportunity to test their skills at developing on the network. 

Testing out the Venom testnet

In only a few of easy steps, consumers and developers alike can get a feel for the testnet. To begin, you will need to download the Venom Wallet onto your mobile device from the Apple App Store or the Google Play Store, or onto your desktop computer using the Google Chrome extension. Second, users may expedite the process of evaluating the Venom ecosystem by obtaining a free allotment of testnet tokens and getting a head start. 

As a licensed chain, Venom will help businesses and enterprises embrace blockchain tech at scale. Chair of the Venom Foundation Council, Peter Knez, stated:

“We’re excited to announce the launch of Venom’s public testnet, a crucial step towards our upcoming mainnet launch. With our highly scalable and reliable asynchronous blockchain, we’re confident that developers will be able to build innovative dApps, while users will be able to experience them firsthand.”

Finally, the blockchain has begun organizing a repository of developer documentation in order to get things rolling and provide them with resources and information. 

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