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Others

Betconstruct: Testnet launch of Fastex Chain

Wednesday 01 de February 2023 / 12:00

2 minutos de lectura

(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.

Betconstruct: Testnet launch of Fastex Chain

 "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

Peru Gaming Show 2025

18 de June 2025

IAG Play Stood Out at PGS 2025 with Innovative Games and Latam Expansion

(Lima, SoloAzar Exclusive).- Fernando Polti, CTO of IAG Play, shared insights about the products showcased at the 2025 Peru Gaming Show, emphasizing a strong offering inspired by the gaming universe. With titles like high-volatility Crash Games, immersive Fantasy experiences, and the successful Scratchers, the company captivated operators and regulators, sparking new partnerships across Peru and Latin America. What makes their portfolio stand out? Read on to discover.

Friday 04 Jul 2025 / 12:00

Omnichannel Explained by Experts: Strategies to Lead the New Era of Gambling in Latin America

(Lima, SoloAzar Exclusive).- During the second academic day of the Peru Gaming Show (PGS) in Lima, the conference “Omnichannel Strategy: Maximizing Revenue and Achieving Operational Efficiency” brought together industry experts to analyze how the integration of physical and digital channels redefines the success of suppliers and operators in the regional gaming industry.

Friday 04 Jul 2025 / 12:00

"PGS 2025 is a must for players in the igaming world", Diego Verano, EEZE

(Lima, SoloAzar Exclusive).- During his first participation in the 2025 edition of the Peru Gaming Show, Diego Verano, Director of Business Development LatAm at EEZE, talked to SoloAzar about his experience at the event, his interest in the LatAm market and his vision on the evolution of the sector in the region.

Thursday 03 Jul 2025 / 12:00

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