Inery Blockchain launches its first public testnet

Inery

Inery, a layer-1 blockchain programmed for decentralized database management, announced its public testnet on August 10. This marks a significant milestone as it provides a chance for the community to gain hands-on experience interacting with the various components of the blockchain.

Inery’s public testnet will allow developers to test the various functions and features of the blockchain. More importantly, being live with the testnet further means that the platform is now just one step away from the mainnet release. Inery says it wants to deliver a decentralized database management experience – an infrastructure that lays the foundation for Web3.

Meanwhile, Inery is a layer-1 blockchain that delivers a decentralized, high-performance, secure database solution for Web3. IneryDB is the first ever decentralized database management solution that combines all the dynamics and functionality of database management, including CRUD (create, read, update, delete), complex query searches and library functions in a fully decentralized architecture.

The blockchain is designed to enable cross-chain communication, higher speed and better security. It specifically addresses database management integrated with blockchain capabilities and distributed database management capabilities.

Developers will be able to access the public testnet by registering on the company’s testnet page. During the registration process, developers must also register their server to experience the simulation environment by testing the features of Inery.

By participating in the platform’s public testnet, developers will gain access to functionality including but not limited to creating smart value contracts, transferring $INR tokens, using operations, and even developing smart value contracts for tokens and NFTs. In addition to this, participants will also be able to check blocks, transactions, exchange $INR tokens in the network with the record permanently stored in the database, and register as a producer of blocks.

Dr Naveen Singh, CEO and co-founder of Inery said, “Our testnet will be a landmark in the blockchain space as we bring database management into convergence with a decentralized layer. The upcoming testnet is the result of the efforts of the entire technical team, who have been working hard the last two and a half years.”

To further stimulate the public testnet, the company plans to hold activities for developers that consist of completing technical tasks. After successfully completing these tasks, developers will receive the $INR token.

With the input that will be received from developers worldwide, the team will continue to improve the platform based on the feedback received. The test net is also proof of the importance of establishing positive feedback loops between future users and developers in order to create the best possible product.

Public testnet shows the importance of community participation as the backbone of a public blockchain, improving the technical advantage and enhancing the ecosystem compared to private blockchains that rely on a small private team.

The project has made significant progress on the development front since its inception in 2020. Some of the milestones that the project has achieved in a short period of time include testing the core of Inery blockchain API functionality, value contracts, adding nodes to the ecosystem, testing blockchain deployment on multiple servers.

You may also like...

Leave a Reply

Your email address will not be published. Required fields are marked *