Concordium releases Testnet 4

We are happy to announce that Concordium has launched Testnet 4 today, and it will be followed by an ambitious Incentivization program that will be launched on January 20th!

Testnet 4 is the last iteration of Concordium Blockchain before the launch of its Mainnet, which is scheduled for Q2 2021.

What’s in the box?

Smart contracts

• Smart contracts support on chain
• Rust supported as off-chain Smart Contract language
• Concordium-std library added for developing smart contracts in Rust.
• Cargo-concordium tool for building and testing smart contracts off-chain
• Documentation for smart contracts added to developer documentation
• Smart Contract transactions added to concordium-client

Tokenomics (to match tokenomics model)

• Rewards for baking and finalization changed
• Minting changed
• Extended the list of adjustable chain parameters
• Updated network dashboard block explorer to include new info
• Amount lock-up transaction with schedule added
• Staking changed so staked amount is locked
• Mobile app updated to show staking and amount lockup schedules
• Delegation removed

ID layer

• Initial account creation added to ID provider process
• Mobile app updated to support initial account creation

Notable Changes

• Testnet 4 also presents improvements on the chain visualization.

Release Notes

• Official Release Notes

Support

Team Concordium is here to help and you are more than welcome to reach us on our Discord Server or directly via email testnet@concordium.com.

Join #TeamConcordium in our different channels:

• Twitter: https://twitter.com/ConcordiumNet
• Discord: https://discord.gg/
• Telegram: https://t.me/concordium_official
• Reddit: https://www.reddit.com/r/Concordium_Official
• Learn more: https://concordium.com
• Concordium Blockchain Research Center Aarhus (COBRA):https://cs.au.dk/research/centers/concordium/