Venom Achieves Major Milestone with Launch of Public Testnet

Last Updated:
Venom Achieves Major Milestone with Launch of Public Testnet
  • Layer-1 blockchain Venom announced that its public testnet is officially live.
  • Along with the launch, Venom unveiled in-house DApps on its blockchain.
  • Interested parties can download the testnet to test the Venom ecosystem.

Venom, a Layer-1 blockchain based in the Abu Dhabi Global Market (ADGM), has announced today that its public testnet is officially live. The milestone marks a significant accomplishment in Venom’s roadmap as it prepares to launch on mainnet.

Peter Knez, Chair of the Venom Foundation Council, expressed his excitement at the launch and called it a crucial step toward their upcoming mainnet launch. He was quoted saying:

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.

Interested users can test the testnet by downloading the Venom Wallet and claiming a free testnet allocation. Mobile users can download the wallet via the Apple App Store or Google Play Store, while desktop users can download the Venom Wallet Google Chrome extension.

The testnet launch enables developers to test and debug dApps and blockchain protocols while allowing users to experience these dApps firsthand. The program’s goal is to encourage innovation and community building within the ecosystem.

Developers will be able to try their hand at building on the asynchronous Venom blockchain which boasts speed at 100k TPS, and a dynamic sharding feature that enhances scalability and network reliability. The team states that Venom has curated a repository of developer documentation to equip developers with the necessary tools and knowledge to start building.

Along with the testnet launch, Venom has also unveiled a host of in-house developed decentralized applications as part of its growing ecosystem.

Moreover, several dApps are to make their debut on Venom testnet which users can test by performing transactions, testing the native Venom wallet, and much more. This includes: Venom Wallet, Venom Scan, VenomPools, Venom Bridge, Venom Stake, Web3.World, WeUp, NFT Mint and Oasis.Gallery.

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.