Venom L1 Blockchain starts its public testnet

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Starting today, developers, entrepreneurs and average users can experiment with the possibilities offered by Venom’s decentralized network. This is an important milestone on the way towards distribution of the mainnet and massive adoption.

Venom Blockchain public testnet up and running

According to the official announcement shared by the Venom Foundation, the first Abu Dhabi-headquartered and regulated blockchain entity, the test network of the core blockchain is live in the public test network. Now developers can deploy their applications to Venom while users can download wallets and start sending transactions.

Developers can also submit their suggestions to debug the blockchain codebase and improve performance. Users can now transfer their testnet coins both directly on-chain (through wallets) or through Venom-based applications.

To join the elite club of the first participants in open testing, users and developers must take two simple steps. First, they need to download Venom Wallet on mobile (both iOS and Android-based versions are available), or on desktop as a Google Chrome plugin. Then, testers can kickstart their Venom experience by claiming a free testnet asset allocation.

As covered by U.Today earlier, Venom Blockchain launched, in Q1, 2023, one of the largest inclubation programs to start the progress and massive adoption of its solutions.

Advancing innovation and community building within the ecosystem are primary goals of the Venom Blockchain testnet campaign, the team emphasized.

Introducing the first cohort of dApps for the Venom testnet

Peter Knez, head of the Venom Foundation Council, highlights the crucial importance of the test campaign to the further development of his unit:

We are pleased 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 are confident that developers will be able to build innovative dApps, while users will be able to experience them firsthand.

Besides the blockchain itself, testers can experiment with their first series of applications of different types. First of all, they can try the on-chain storage instrument Venom Wallet, explorer Venom Scan, liquidity module VenomPools, cross-border transfer tool Venom Bridge, staking instrument Venom Stake, as well as Web3.World, WeUp, NFT Mint and Oasis. Gallery apps for NFT and metaverse-centric use cases.

In its test environment, Venom Blockchain is available with its “real” specifications: in the form of an asynchronous blockchain with ultra-fast speed (up to 100,000 transactions per second), and a dynamic sharding function that ensures scalability and network reliability.