Availโs Goldberg Testnet Processes Over 100 Million Transactions
Avail, the decentralized application (dApp) platform, has achieved a significant milestone in its preparation for a mainnet launch. The Avail DA Goldberg testnet has successfully processed over 100 million transactions, demonstrating its capability to handle real-world network load.
โClash of Nodesโ Testnet Validates Avail Network
Avail recently introduced the โClash of Nodes,โ an incentivized testnet that aims to rigorously validate the Avail network. This testnet encourages participation from validators, light client operators, and the broader community to stress-test Availโs infrastructure and ensure data availability on the network.
The โClash of Nodesโ testnet allows participants to engage in various tasks such as balance transfers and identity checks to contribute to network testing.
$27 Million Seed Round Funding Secured
In a recent funding round, Avail raised $27 million in early-stage funding. The round was led by Peter Thielโs Founders Fund and Dragonfly Capital, with contributions from SevenX, Figment, Nomad Capital, and other angel investors. This funding will support Avail in expanding its technological offerings and solidifying its position within the web3 sector.
Availโs Goldberg Testnet Processes Over 100 Million Transactions
Avail has achieved a significant milestone in its journey towards a mainnet launch. The Avail DA Goldberg testnet has successfully processed over 100 million transactions, demonstrating its ability to handle real-world network load.
โClash of Nodesโ Testnet Validates Avail Network
To ensure the robustness and reliability of the Avail network, the team introduced the โClash of Nodesโ testnet. This incentivized testnet aims to validate the network through active participation from validators, light client operators, and the wider community.
- The โClash of Nodesโ testnet serves as a platform for engagement, competition, and stress-testing Availโs infrastructure.
- Validators play a crucial role in consistently validating and producing blocks, which powers the core functionality of the network.
- Participants can engage in various tasks such as balance transfers and identity checks to contribute to network testing.
$27 Million Seed Round Funding Secured
Avail recently announced that it has raised $27 million in an early-stage funding round. The funding round was led by Peter Thielโs Founders Fund and Dragonfly Capital, with significant contributions from SevenX, Figment, Nomad Capital, and other angel investors.
- The infusion of funds comes at a critical time for Avail as it seeks to expand its technological offerings and solidify its position within the web3 sector.
- Avail aims to build a foundation for a fundamentally integrated blockchain future, where separate ecosystems can implement their own technology and scaling solutions while remaining connected via a trust-minimized and secure coordination layer.
Hot Take: Availโs Testnet Surpasses 100 Million Transactions
Availโs Goldberg testnet reaching over 100 million transactions is a significant achievement for the platform. It demonstrates the scalability and capability of the Avail network to handle real-world network load. With this milestone, Avail is one step closer to launching its mainnet and providing users with a reliable decentralized application platform.
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