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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

GAT EXPO CARTAGENA DE INDIAS 2024

09 de April 2024

Novomatic's innovative offerings and market insights: a recap of our presence at GAT Expo 2024

(Cartagena de Indias, SoloAzar Exclusive).- Manuel Del Sol - CEO at NOVOMATIC Gaming Colombia, gave an overview during the interview with SoloAzar, focusing on the innovative products presented at the event, the good reception from visitors, insights on the Colombian iGaming market, the latest technological trends incorporated into the platform, and the firm's approach to regulatory adaptation in the Latam market.

Friday 26 Apr 2024 / 12:00

Miguel Ángel Ochoa in GAT: "No casino has been closed due to money laundering or drug-related issues"

(Cartagena, SOLOAZAR Exclusive). One of the most interesting moments of the 25th anniversary edition of GAT Expo in Cartagena de Indias was undoubtedly the AIEJA panel dedicated to the Mexican gaming market. In this note, we review the key segments of the intervention of Miguel Ángel Ochoa, the president of AIEJA on that day.

Friday 26 Apr 2024 / 12:00

Connections, agreements and surprises for R. Franco Digital at the 25th edition of GAT EXPO

(Cartagena de Indias, Exclusive SoloAzar) - Guillermo Ruipérez, head of sales at R. Franco Digital, in an exclusive conversation with SoloAzar, emphasised the special focus on organisation and networking during the 25th edition of GAT EXPO. He highlighted the wide range of the integral products and services offered by the firm, as well as the international character of the event that consolidates it as an essential regional meeting point.

Thursday 25 Apr 2024 / 12:00

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