5ireChain Thunder Testnet

Details

Testnet is a prelude to the Mainnet. It helps to test out new technologies without risking the stability of the main network. The main difference between the two is that the testnet runs on a separate chain and has its own rules, and free tokens are disbursed by a faucet.

What’s in it for you?

A Testnet is an experimental network where developers can test, create, or modify functionalities and monitor the blockchain network performance, without the need to purchase actual tokens. While building a new dApp on the blockchain, you expect it to handle the load of the transactions in your application. A testnet allows you to deploy and test your smart contracts as a dedicated testing environment.

Why 5ire Testnet?

Some of the unique features that set it apart from other testnet networks are:

• 5ireChain Testnet cleverly features the Proof of 5ire algorithm. Proof of 5ire is a next-gen revolutionary consensus algorithm that finalizes transactions within seconds.
• 5ireChain explorer, another Testnet available feature, provides real-time multichain 5ire data that is understandable and accessible.
• The 5ire web wallet is a highly reliable crypto wallet (web app) that offers users an intuitive, all-in-one experience.
• 5ireChain’s robust on-chain governance mechanism ensures the will of both public and council members are taken into account when proposing future network changes.
• Sustainability Score: 5ireChain has focused on designing with economic and environmental sustainability at the blockchain’s core since its inception. Underneath the proposal’s consensus mechanism, an organization or individual’s sustainability rating is determined by several factors, such as environmental, social, and governance ratings.
• Transaction Pools: The transaction pool’s primary responsibility is to ensure that transactions are valid.

How to participate in the testnet?

Thunder is open for governments and stakeholders.

Here’s how you can participate in the testing:

1. Applications are accepted only through a whitelist form, head to our website or click here.
2. Fill in the whitelist form to become a part of the eligibility survey.
3. Once you have sent in your application, it will go through a review process. If your application falls under the criteria, our team will contact you.
4. That’s it. You’ve done your part.

It is time to make sustainable development goals integrated with business processes and unleash a new era of building great businesses that also address some of the biggest challenges we face as a society.

Links

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