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StakeWise Declares Launching Atlantic Testnet Targeting StakeWise V3

Umair Younas by Umair Younas
March 2, 2023 - 9:50 am
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StakeWise (a Gnosis Chain and Ethereum-based liquid-staking pool) has declared launching Atlantic. The latest project is a closed testnet structured for StakeWise V3. The platform took to Twitter to announce the launch. It mentioned that the Atlantic testnet’s purpose is to expand the core architecture of StakeWise V3. As a result of the respective testnet’s release, the capacity of StakeWise V3 will be stretched and the major bugs and issues will be detected before open testing.

We are excited to announce the launch of Atlantic, a closed testnet for StakeWise V3! 🎉

The goal of the Atlantic testnet is to stretch the core StakeWise V3 architecture to its capacity and identify the most serious issues & bugs before public testing✅https://t.co/vcbFxXuXw6 pic.twitter.com/gqfMdVqj2V

— StakeWise (@stakewise_io) March 2, 2023

StakeWise Launches StakeWise V3-Centered Atlantic Testnet

The StakeWise V3’s object is to let everyone access the services dealing with liquid staking according to their requirements. In a long thread of Twitter posts, StakeWise noted that the platform intends to enable additional Ethereum network members to get a token for liquid staking. As per the company, it attempts to provide staking services to everyone in a way there would be no requirement to do anything due to their preferred home-grown operators.

StakeWise V3’s modular architecture will permit the consumers to avail of the liquid staking services in an exclusive and matchless manner. The platform disclosed that it is significant that they conduct comprehensive stress tests for the protocol’s diverse exclusive components in advance of the mainnet release. This is the point, according to StakeWise, where a crucial role is played by the Atlantic testnet.

Expert and Resourceful Parties Will Be Permitted to Take Part in Testnet to Detect Flaws

The firm asserted that the testing of StakeWise V3 will be carried out in a close environment. There, the core logic and operator software of vaults will be expanded. For the rapid detection of the largest bugs and issues before open testing, the platform has a strategy. In its words, participation in the new testnet is specified for the organizations and individuals having comprehensive experience and funds to run blockchain infrastructure.

Tags: CryptocurrencyEthereumStakingTestnet
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Umair Younas

Umair Younas

Umair Younas is a cryptocurrency-related content writer linked with this work since 2019. Here, at Blockchainreporter, he serves as a news and article writer. He is a crypto, blockchain, NFTs, DeFi, and FinTech enthusiast. He has strong command over writing authentic reviews about brokers and exchanges and he has collaborated with our education team to write educational content as well. He has a dream to raise awareness among people about digital currencies. His works are well-researched and brimmed with information hence they provide fresh insights. Stay tuned to his posts if you want to stay up-to-date with the crypto-verse.

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