Betconstruct: Testnet launch of Fastex Chain
⏱ 1 min read
(England).- Fastex Chain announced today the launch of its Testnet. The Testnet will feature the latest consensus mechanism, Proof of Stake Autonomy (PoSA), the next-level consensus mechanism that promises to improve the efficiency and security of the Fastex blockchain.
"I am thrilled about the successful launch of Fastex Chain's testnet. This innovative blockchain technology has the potential to propel the growth of web 3 technologies and drive the future of the digital economy." - Vigen Badalyan, Co-Founder of SoftConstruct.
PoSA is programmed to take into account the users' actions with a validator-deployed smart contract in addition to the stake whenever considering the chance to become a block producer or validator.
The distribution of block rewards also happens accordingly. In PoSA, validators are elected based on their stake and ability to contribute to the network. This increases the network's security and makes it more decentralized.
The activity parameter signifies a new era for the blockchain economy and presents the veritable block creation and validation mechanism.
The launch of the Testnet will provide an opportunity for developers and users to test the Fastex Chain and its PoSA consensus mechanism. It will also allow Fastex to gather valuable feedback from the community and improve the network before its mainnet launch.
Fastex is committed to building a high-performance, secure, and decentralized blockchain. Launching the Testnet with PoSA is a significant step towards achieving this goal.
The Fastex team invites all interested parties to participate in the Testnet and provide feedback on the technology.
Categoría:Others
Tags: BetConstruct, Sports Betting, Sportsbook , Sports Gaming ,
País: United Kingdom
Región: EMEA
Event
AffPapa Conference Madrid 2026
18 de May 2026
AffPapa Conference 2026 Opens in Madrid with Expanded Agenda
(Madrid, SoloAzar Exclusive).- Madrid welcomes the biggest edition of AffPapa Conference yet, bringing together over 1,500 affiliates, operators, and B2B providers for three days of networking, sports, and iGaming insights. The official welcome takes place today, and SoloAzar is on site to deliver the latest updates.
Tuesday 19 May 2026 / 12:00
AffPapa Welcomes Amusnet as a Signature Sponsor for AffPapa Conference Madrid 2026
(Madrid).- AffPapa is excited to welcome Amusnet as a Signature Sponsor at the AffPapa Conference Madrid 2026.
Monday 11 May 2026 / 12:00
AffPapa Conference Madrid Set to Be Largest Affiliate-Led Event Yet, Says its CEO Levon Nikoghosyan
(Madrid, SoloAzar Exclusive).- SoloAzar sat down with Levon Nikoghosyan, CEO and co-founder of AffPapa and iGaming Club, to discuss the upcoming AffPapa Conference Madrid, where more than 1,500 participants are expected. In this interview, he explains why Madrid was chosen over Málaga, what attendees can expect from speed‑dating sessions, expert panels, and off‑site networking, and how the event is shaping up to be the biggest in AffPapa’s history.
Thursday 07 May 2026 / 12:00
SUSCRIBIRSE
Para suscribirse a nuestro newsletter, complete sus datos
Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.
