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Public Testnet for Blockchain Testing Released by Venom

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Venom, a layer 1 blockchain licensed on the Abu Dhabi Global Market (ADGM), has announced the launch of its public testnet.

Experience the Venom testnet ecosystem

The testnet allows developers and users to test and debug dapps and blockchain protocols, helping to foster innovation and community building within the ecosystem.

The Venom testnet ecosystem comes with a host of in-house features and apps, which include Venom Wallet, Venom Scan, VenomPools, Venom Bridge, and more, for users to test. It aims to encourage developers to build innovative applications, while providing users with a first-hand experience of the Venom Blockchain.

To participate in the testnet, users can download Venom Wallet on mobile via the Apple App Store or Google Play Store, or on desktop as a Google Chrome extension. They can then claim a free testnet allotment to begin exploring the ecosystem.

Venom’s lightning-fast speeds of up to 100K TPS and dynamic segmentation feature enhance the scalability and reliability of the network, making it an attractive tool for developers. The network’s interoperability and low transaction fees are designed to make it easy to use for global adoption.

Peter Knies, Chair of the Venom Foundation Board, said:

“With our highly scalable and asynchronous blockchain, we are confident that developers will be able to build innovative dApps, while users will be able to experience them first-hand.”

Al-Salam Foundation: Licensed in Abu Dhabi

The Venom Corporation is licensed by the Abu Dhabi Global Market (ADGM). ADGM, an oasis for investors and financial services companies, enabling the acceleration of global Web 3 projects.

This positions Venom as the world’s first regulatory-compliant blockchain, giving authorities and companies the freedom to build, innovate and scale with confidence. The Venom blockchain has the potential to act as the main infrastructure for a global ecosystem of Web 3 applications, thanks to its lightning-fast transaction speeds and infinite scalability to meet the demands of an ever-growing user base.

The Venom Foundation has put together an extensive developer documentation repository to help them get started on the Venom blockchain.

This repository contains information covering everything from the basics of blockchain development to more advanced features, such as dynamic hashing and asynchronous block validation. This allows developers to gain a solid understanding of Venom’s use case, its unique features, and the different tools available on the blockchain.

The launch of the public testnet is an important step forward for Venom as it prepares to launch its mainnet, expected to happen in the coming months. Venom’s public test launch also demonstrates the project’s commitment to fostering innovation and building a strong community within its ecosystem.

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