Ethereum Public Testnet Holesky Genesis File Now Generated
According to Ethereum developer @parithosh_j, the genesis file for the Ethereum public testnet Holesky has been generated and will be released on September 15th at 22:00 Beijing time. It is initially configured with 1.46 million validator nodes (twice that of the mainnet) to test the limit of validator set size, as well as an initial issuance of 2 billion hETH testnet native tokens to address the shortage of gETH native tokens on the previous Goerli testnet.
Dymension Launches Incentive Testnet Froopyland, Will Reward 10 Million DYM
On August 23, Dymension, a modular blockchain network, announced the launch of its incentive testnet, Froopyland, for the deployment of the unlicensed IBCRollApp. In the future, 1% (10 million tokens) of the total DYM genesis supply will be allocated to the three-month Froopyland incentive testnet. Of this, 10% of the rewards will be allocated to RollApes (1 million tokens), 10% to users (1 million tokens), 40% to validator nodes (4 million tokens), and 40% to RollApp deployers (4 million tokens).
Decentralized Privacy Communication Network Relayz Network Completes Seed Round Financing
Decentralized privacy communication network Relayz Network announced the completion of its seed round financing, with participation from NEAR Foundation, Geekcartel, k24 Ventures, galxe, cogitent Ventures, bitscale Capital, Israel Blockchain Association and others, and the specific financing amount has not been disclosed.
Cardano launches CIP-1694 test network SanchoNet
On August 18th, Cardano blockchain founder Charles Hoskison announced that the CIP-1694 testnet, SanchoNet, has officially launched. SanchoNet aims to introduce the governance function of CIP-1694 to the Cardano community in a controlled testnet environment.
Game-specific L2 Network zkMeta rebrands as GasZero, launching the first 0gas zk-rollup
The Web3 game-specific L2 network, zkMeta, has officially rebranded as GasZero. A brand-new website domain, GasZero.com, has also been launched today. The GasZero technical team is in the midst of preparing for the launch of the Alpha1.0 version of their testnet. In tandem with this, 4-5 ecosystem co-building partners will commence whitelist testing centered around the 0Gas ecosystem foundational modules and DApp use case scenarios.
Mara Releases Testnet for Ethereum-Compatible Layer 2 Network in Africa
Mara, a decentralized finance platform focused on Africa, has announced the release of a testnet for its upcoming Mara Chain. The Ethereum-compatible layer 2 network will use MARA tokens for fees and offer sub-second transactional speeds, low gas fees, and interoperability with other Optimism-based networks.
dYdX Foundation Launches Public Testnet for Latest Version, Moving Closer to Complete Decentralization
The dYdX Foundation has launched a public testnet for its latest version, v4, which puts them ahead of schedule for the impending launch of the v4 mainnet. The new version aims to achieve complete decentralization for dYdX, which is currently considered partially centralized.
Privacy-Focused Web3 Startup Ola Raises $3 Million in Seed Funding for Zero Knowledge Rollup Experimentation
July 4 (Cointime) - Privacy-focused web3 startup Ola has secured $3 million in seed funding from Web3.com Ventures, Foresight Ventures, Token Metrics Ventures, LD Capital, Catcher VC, and others.
Shiba Inu's Burn Rate Surges 1900% Following Shibarium Testnet Milestone
July 4 (Cointime) - Shiba Inu, a popular meme-based cryptocurrency, saw a remarkable 1900% increase in burn rate within 24 hours after the Shibarium testnet, Puppynet, achieved a significant milestone of 25 million total transactions.
Ethereum Launches New Testnet Holešky to Replace Goerli
June 26 (Cointime) - Ethereum has announced the upcoming launch of its newest public testnet, Holešky, which is set to replace the current Goerli testnet. The new testnet will be the first long-standing, merged-from-Genesis, public Ethereum testnet, and will provide a safe environment for testing protocol upgrades and smart contracts before deploying them on the main network.
