FESSChain Launches Testnet V1.0
Hello Believers,
We are excited to announce that the FESSChain Testnet V1.0 is now live.
This is our second announcement this week, after the Whitepaper V2.0 launch. You can go through the document to get a more detailed understanding of the Testnet, as well as other FESSChain features. A surprise is also waiting for you in the middle of the document.
You can check the Testnet on FESS Explorer with all the available features:
As explained in our Whitepaper V2.0, we have migrated from Proof of Proof (PoP) to Proof of Stake (PoS). This will enhance our decentralization capability, and also instill more inclusivity for participants.
With the Testnet V1.0 launch, we are happy to let you use the various features of FESSChain in a test environment. The development work is now complete and our Testnet is yet another step towards making FESSChain fully operational in a real-time setup.
Features on FESSChain Testnet V1.0:
- 7 click Node installation.
- The workflow of transactions between nodes.
- Signature verification.
- Overall transaction verification.
- Block synchronization.
- Genesis Block Checking.
- Sending and receiving payments via UTXO.
The Testnet will give you an overall idea about how final FESSChain Blockchain, and why it is a highly secure blockchain!
Time for a Surprise??
We are short for 3 days by our deadline of 30 June 2020 but you will love to know the excuse.
Along with Testnet V1.0, we are also launching the FESSChain Web Wallet, using which you can securely send, receive, or store your funds. We will announce the web wallet details and access link with full functionality shortly.
What’s Next?
Testnet V1.0 will be succeeded by Testnet V2.0 before the FESSChain mainnet with various features like DApp deployment, node functionality, etc.
We thank you for your continued support and are glad to have made considerable progress over the last year. The team is excited to roll out more updates and announcements soon.
Join our official Telegram group to keep abreast of the latest happenings around FESSChain. Drop-in a message on our Telegram group and one of our team members will get back to you.
Team FESSChain
