fbpx
Skip to content Skip to footer

51,000 Transactions Were Logged Since Testnet Was Reset in Sept 2019, says Libra

The Libra Association posted the development of their blog saying that 51,000 transactions have been logged since the testnet was reset in September. Although many banks around the world are going against the Libra digital currency, Facebook is going ahead testing its network with “pre-mainnet”, a replica of the actual mainnet for testing purposes.

The association is delighted with the test and lauds the project developers who try to push the project forward. It says the developers have achieved 34 projects within seven weeks after the launch of the network, which includes 10 wallets, 11 blockchain explorers, 2 IDES, 1 API, and 11 clients.  

Libra testnet has been introduced for the purpose of creating stability for the Libra core that helps solve problems in terms of system and help analyze problems. Once the testnet is stable enough, the actual Libra mainet that will be used for cryptocurrency transactions that are verified and recorded on the distributed ledger technology will be introduced next. The progress of the project will be updated on Github.

Libra has created a pre-mainnet environment that helps facilitate the test of the mainnet for the partners who are ready for full node.

You may want to read:

Leave a comment

About SuperCryptoNews

SuperCryptoNews is a global leading blockchain & crypto news provider, covering daily news focused on trading and investment developments in bitcoin and crypto. We bring you expansive crypto news coverage around the world. We offer many thought leadership opinions from blockchain experts and leaders of the industry.

Subscribe to SCN

© Copyright of Novum Global Consultancy Pte Ltd {2020, 2021}. All rights reserved.

111 North Bridge Road, 21-01, Peninsula Plaza, Singapore 179098.

Phone: +65-80282938

Contact Us   |   T&Cs   |   Privacy Policy   |   About Us

About SuperCryptoNews

SuperCryptoNews is a global leading blockchain and crypto news provider, covering daily news on the latest tech and trading developments in crypto. We bring you expansive crypto news coverage especially in Asia, with a focus on Singapore, Thailand and Southeast Asia.

Follow Us On

© Copyright of Novum Global Consultancy Pte Ltd {2020, 2021}. All rights reserved.

Contact Us   |   T&Cs   |   Privacy Policy   |   About Us