Project Catalyst, renowned as one of the world's largest decentralized grant funds and the innovation engine of the Cardano ecosystem, has just unveiled a groundbreaking solution to revolutionize its capabilities and performance. In a bid to enhance stability and provide an effective environment for exploration and collaboration, the fund will simultaneously operate multiple testnet instances alongside its mainnet.
Alex DovbnyaThe testnet rollout comes as Catalyst embarks on its journey to evolve, aligning with Cardano's governance age of Voltaire. This innovative move aims to sustainably support the ecosystem's growth while ensuring that new features are thoroughly tested and refined before they are implemented.
In case you haven't heard, the #ProjectCatalyst team is all set to launch a new testnet soon.
— Input Output (@InputOutputHK) August 2, 2023
With this testnet, community members can download the code onto their local machines, to gain a deeper understanding of the inner workings of the Catalyst system.
Moreover, they can… pic.twitter.com/61Ei2guj0z
The newly launched testnets will operate parallel to the Production Catalyst deployment system, with it utilizing the Cardano Preprod testnet for registration data. The testnets operate on the latest code base, allowing developers, proposers, voters and users to safely experiment with new ideas, voting mechanisms, collaboration tools and more. This enables the community to provide early feedback, leading to improvements and breakthrough solutions for Project Catalyst's continuous evolution.
More benefits
One of the major advantages of running a full testnet alongside the mainnet is the ability to conduct accelerated funding cycles. Instead of months-long processes, developers can now compress funding rounds into just a few weeks, optimizing processes and protocols and learning from feedback more effectively. This approach fosters greater participation, engagement and creativity among community members.
Godfrey BenjaminThe introduction of the Catalyst testnets marks a pivotal moment, promising increased innovation, efficiency and community satisfaction. With this game-changing testnet announcement, ADA continues to solidify its position as one of the leaders in the blockchain space.
Alex Dovbnya
Tomiwabold Olajide
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U.Today Editorial Team
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