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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.



Tags: BetConstruct, Sports Betting, Sportsbook , Sports Gaming ,

País: United Kingdom

Región: EMEA


ICE London 2024

06 de February 2024

“At ICE London, in addition to the V- Line, we showcased a range of other exciting products designed to revolutionize the gaming experience”, Tjasa Luin, Alfastreet

(London, SoloAzar Exclusive).- Tjasa Luin, CEO at Alfastreet, granted an interview to SoloAzar to talk about the company's recent participation at ICE in London, where they showcased their new V-Line, launching the new V10 alongside with the V-8. She also told us about the firm's work strategy for this year and for ICE Barcelona 2025: to continue innovating in technology in their product line to keep providing the best user experience.

Thursday 29 Feb 2024 / 12:00

GLI presented its full compliance services at one of the world's largest gaming events: ICE London 2024

(London, SoloAzar Exclusive).- ICE London recently concluded its last edition in London Excel. James Illingworth, Vice President of Sales EMEA at GLI Europe, took the opportunity to talk with SoloAzar about the firm’s aim, the future of technology, AI, and the full regulatory compliance services to help attendes, customers, and potential customers from all over the world.

Wednesday 28 Feb 2024 / 12:00

Alfastreet celebrates a successful showcase at ICE London 2024

(Sezana).- Alfastreet, a global leader in producing high-quality gaming terminals, is thrilled to announce its success at the recent ICE 2024 in London. The event was a major showcase, bringing together industry leaders for detailed discussions on the latest legal and development trends. It provided the perfect platform for Alfastreet to introduce its newest innovations and reinforce its presence in the global market.

Wednesday 28 Feb 2024 / 12:00


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