At the recent Keynote 3 event, BlockDAG announced the launch of its Beta Testnet, capable of handling over 1.2 million transactions. This event attracted attention in both crypto and tech circles.
Beta Testnet Launch: New Opportunities
BlockDAG launched its Beta Testnet V1 during the Keynote 3 event. The testnet is demonstrating its capabilities by processing over 1.2 million transactions and operating on more than 100 community nodes worldwide. Users have access to various token creation tools and decentralized applications (dApps), allowing BlockDAG to cement its position as a functioning blockchain ecosystem.
Future: 1,000+ Decentralized Applications
BlockDAG has set an ambitious goal to integrate over 1,000 dApps by 2026, offering developers capabilities comparable to Ethereum. The team expects to secure listings on more than ten centralized exchanges, which may enhance the project's liquidity.
Enhanced Security and User-Friendly Design
At the event, CTO Jeremy Harkness showcased the unique combination of Directed Acyclic Graph (DAG) and Proof-of-Work (PoW), allowing for parallel block processing. This improves the network's security and enhances its resistance to threats.
BlockDAG continues to actively evolve and attract attention with significant announcements and considerable community expansion. The launch of the Beta Testnet and plans for dApp integration create a strong potential for future growth of the project.