BlockDAG is set to introduce its final Beta Testnet, as shared in a recent AMA with the core team. This update will erase all data from the Alpha Testnet and launch new enhancements like a sophisticated blockchain explorer, a worldwide airdrop, and real-time rewards. This step is crucial as BlockDAG gears up for its final testing phase before the official mainnet and coin launch.
The latest update also aligns with the successful surge in the BlockDAG (BDAG) presale, which has already amassed $205 million with over 18.8 billion coins distributed. Currently, in its 27th batch priced at $0.0248, the presale shows a remarkable 2,380% growth since its inception.
Final Testnet Launch and System Reset
The upcoming Beta Testnet will completely reset the previous Alpha version. All token balances, wallet activities, and mining records will be wiped, prompting participants to reconnect their wallets and reinstall nodes with new settings. This reset is vital for optimizing the network in preparation for its full-scale mainnet launch.
In this version, the BlockDAG team has included a global node map in the blockchain explorer. This feature allows participants to track node activity worldwide. The explorer now supports contract visibility, coin tracking, and a developer-centric interface, enhancing user interaction and monitoring.
Airdrop and Rewards Program
Each participant will receive 10,000 testnet coins to simulate real coin transactions, adhering to a vesting plan where 40% is immediately available and 20% becomes accessible each week. This setup mimics the post-launch vesting structure and can be monitored through a personalized dashboard.
To boost participation, BlockDAG has initiated a rewards program that distinguishes the top 30 testnet participants in three categories: most active wallets, highest balances, and most coins mined. Winners in each category will earn $2,000 worth of BlockDAG coins, fostering an environment that tests the network’s capabilities while appreciating the community’s engagement.
Upgrades to Blockchain Explorer
The Blockchain Explorer now includes significant upgrades:
- Visualization of Smart Contracts
- Monitoring and Statistics for Coins
- Enhanced Tools for Sorting and Filtering Transactions
These enhancements are designed for developers and community members to deepen their engagement and analysis of the testnet. The team has noted that while the testnet coins are not of real-world value, the experience closely replicates the operations of the live network, providing critical insights ahead of the Coin Generation Event (TGE).
Key Insights from AMA and Future Plans
The recent AMA provided community members with answers and insights regarding the upcoming developments. A notable change is the switch from UTXO to an account-based system to simplify the codebase and enhance smart contract performance.
Furthermore, the finalization of staking mechanisms was confirmed, to be introduced before or during the TGE, enabling coin holders to secure their coins for additional rewards and utility.
BlockDAG’s global marketing efforts were also highlighted, with planned appearances at major crypto conferences like ETHPanama, Token2049 Dubai, and Token2049 Singapore. These initiatives aim to boost visibility and attract key partnerships in preparation for the mainnet launch.
Presale Gains Strong Momentum
The ongoing crypto presale continues to attract robust interest. So far, $205 million has been raised, with over 18.8 billion BlockDAG coins sold. The current price in batch 27 stands at $0.0248, showing a significant increase from the initial $0.001 price in batch 1, marking a 2,380% ROI and bolstering confidence as the project moves towards its launch.
With the TGE and mainnet launch approaching, market analysts predict a potential substantial appreciation of BlockDAG coins, given the ongoing momentum. The project’s commitment to transparency, achieving milestones, and engaging users solidifies its status as a promising venture for 2025.
What’s Next for BlockDAG
As the final testnet is rolled out, BlockDAG is set to progress to the mainnet and subsequent coin distribution. This stage acts as a critical checkpoint for testing scalability, verifying contracts, and refining community-driven tools.
This phase encourages community members and developers to participate actively in fine-tuning the network to ensure its stability and efficiency at full launch.
As BlockDAG approaches this crucial phase, its strategic and community-focused approach provides a blueprint for how a crypto project can prepare effectively for a successful live launch.
Website: https://blockdag.network
Presale: https://purchase.blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
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