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Cryptocurrency News Articles

Supra Testnet Launch Accelerates Blockchain Innovation

Aug 15, 2024 at 09:05 pm

Supra is a Layer-1 blockchain with MultiVM support and they have launched their incentivized public testnet. This milestone brings Supra closer to its mainnet launch

Supra Testnet Launch Accelerates Blockchain Innovation

Supra, a Layer-1 blockchain with MultiVM support, has launched its much-anticipated incentivized public testnet. This significant milestone brings Supra closer to its mainnet launch and showcases the network's potential to achieve over 500,000 transactions per second (TPS) with sub-second consensus latency in early tests involving 300 globally distributed nodes.

The current early-stage testnet is designed for internal testing by select partner dApps and builders in a controlled environment. This approach enables Supra to ensure the security and stability of its baseline Layer-1 systems before opening access to the broader public.

To further enhance the testing process, Supra has collaborated with over 160 dApps across multiple ecosystems. These dApps will help "stress-test" the network, and 512,000 verified token holders will gain early access to the testnet, providing valuable feedback to shape the network's future. The team plans to conduct regression testing to intentionally stress the network, ensuring its robustness and preparing it for real-world conditions.

The open testnet is expected to go live soon, enabling users to claim testnet tokens from a dedicated faucet, perform token transfers, and engage in other on-chain interactions to gain hands-on experience. This user feedback will be crucial in ensuring a smooth public launch. Users will access the testnet via Supra's official wallet, StarKey Wallet.

In its initial phase, Supra will support the deployment of Move smart contracts, with plans to launch an EVM environment running parallel to MoveVM shortly after. The ultimate goal is to create a diverse MultiVM Layer-1 in Web3, supporting Solana and Cosmos decentralized applications following their Token Generation Event.

Supra aims to engage its community through entertaining games on the “Countdown to Blast Off” platform, connecting them to the public testnet. This approach allows community members to claim testnet tokens and become the network's first users, offering opportunities to win SUPRA tokens during the launch campaign.

"The launch of our early stage testnet is a pivotal moment for Supra and the Web3 community. Our commitment to providing secure, user-friendly solutions is resolute, and our testnet is already proving to be a testament to this dedication to innovation. We are eager to see the Web3 community engage with our network and provide valuable feedback that will drive us towards a successful mainnet launch." - Supra CEO, Joshua Tobkin

Supra encourages its community and partner dApps to start experimenting with the testnet and to contact the team with any technical queries. The organization will soon provide testnet documentation, faucet guides, and tutorials to assist users and developers in claiming testnet tokens and initiating transactions. High participation and feedback are essential for preparing the mainnet launch. Users are invited to follow Supra's social media channels for official public testnet announcements.

Original source:coincodex

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