Subscribe to Our Newsletter
Monday June 27, 2022
Bitcoin (BTC) $21,081.00   Ether (ETH) $1,214.70
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Investment Management
    • M&A
    • Mining
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
No Result
View All Result
Easily Swap USDT (TRC20) & More
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
CryptoNinjas
Home Networks & Protocols

Coda Protocol begins next testnet phase allowing users to operate nodes

Coda is the first cryptocurrency protocol with a constant-sized blockchain

Published by CryptoNinjas.net
10/08/2019
Coda Protocol begins next testnet phase allowing users to operate nodes

O(1) Labs, the software development company building Coda Protocol, today announced the start of the next phase of Coda Protocol’s testnet in beta, starting with release 2.1, which will allow users to operate nodes on a cryptocurrency network utilizing their succinct blockchain technology.

The O(1) Labs team also announced that it has established a Testnet Advisory Board, and will welcome two industry leaders, Zaki Manian and Luke Youngblood, as technical advisors.

Coda Protocol, the first succinct blockchain that can remain decentralized at scale, has seen a rapid progression and advanced in significant ways. Some of Coda’s breakthroughs include:

  • Usage of recursive zk-SNARKs to facilitate a succinct blockchain
  • Production implementation of a modified Ouroboros Proof of Stake consensus algorithm
  • Development of snarky, an OCaml DSL for writing zk-SNARKs
  • First marketplace for zk-SNARK proofs, the ‘SNARKetplace’

Advisory Board

The Testnet Advisory Board is in keeping with the collaborative nature of the blockchain industry.

According to Emre Tekisalp, Director of Business Development at O(1) Labs, ‘We’re seeing a cambrian explosion of open source and peer-to-peer networks. As the industry iterates on what will become mission-critical infrastructure for the internet, it’s imperative that we collaborate.’

Zaki Manian is Head of Research at Tendermint, which pioneered a new standard in the way Proof of Stake networks are launched with the first adversarial, incentivized testnet, ‘Game of Stakes’ on the Cosmos network. He is also the co-founder of iqlusion, which provides a secure infrastructure for next-generation blockchain networks. According to Manian, ‘Coda Protocol’s public testnets and demonstration of succinct blockchains are phenomenal technical achievements. The technology has profound implications for scalability and interoperability.”

Luke Youngblood is the founder and CEO of Blockscale, an early pioneer of blockchain and crypto technologies. In 2018, he helped launch the Tezos network by creating the staking infrastructure for the Tezos Foundation, becoming the largest decentralized proof of stake validator in the world overnight. “I’m thrilled to join Coda Protocol as a testnet advisor. Developers have built some amazing decentralized apps, but to date, these apps have always required some centralized infrastructure. I’m excited about the potential of Coda to enable developers to build truly decentralized apps.”

“We are thrilled to welcome Zaki and Luke, both of whom bring a wealth of expertise and are well respected in the industry, into our community. The Testnet Advisory Board will allow us to iterate even more quickly towards a mainnet candidate,” said Evan Shapiro, co-founder, and CEO at O(1) Labs.

11
SHARES
FacebookTwitterLinkedinRedditE-MailTelegram

Related News

Coda Protocol receives over 1,000 applications for its Genesis token program

03/24/2020
Coda Protocol receives over 1,000 application for its new token program

Coda Protocol, a cryptocurrency ecosystem with a tiny portable blockchain, is now one of the largest layer 1 testnets by peer count. Phase 3 of the testnet has generated more than 400 users connecting...

Read more

Coda Protocol releases whitepaper and launches Genesis token program

01/20/2020
Coda Protocol releases whitepaper and launches genesis token program

Coda Protocol, a cryptocurrency with a tiny portable blockchain, has released its economics whitepaper to showcase its monetary policy, including incentives designed to maximize network scalability and security. At the same time, Coda is...

Read more

CoinList launches $100K SNARK Challenge with Coda and Dekrypt

05/09/2019
CoinList launches $100K SNARK Challenge with Coda and Dekrypt

CoinList, a platform for running compliant token sales, today announced another step forward in its mission to help top Web3 companies raise capital and grow their communities. Over the next three months, CoinList will...

Read more
Load More

Discussion about this post

Where to Exchange

Crypto services suite in Spanish Visit
European bitcoin exchange Visit
Swap & buy 150+ cryptocurrencies Visit
America's first regulated bitcoin exchange Visit
  • Trending
  • Latest
Input Output launches suite of sidechains for Cardano blockchain

Input Output launches suite of sidechains for Cardano blockchain

06/20/2022
Crypto-custodian Hex Trust welcomes approval for Dubai crypto-asset license

Crypto-custodian Hex Trust welcomes approval for Dubai crypto-asset license

06/21/2022
Crypto payment processor CoinPaid increases capital reserves to 5M EUR

Crypto payment processor CoinsPaid increases capital reserves to 5M EUR

06/20/2022
Polygon DAO integrates DiD service to prevent hostile takeovers and whales

Polygon DAO integrates decentralized ID service to prevent hostile takeovers and whales

06/22/2022
Crypto-gold exchange Vaultoro lowers fees, increases withdrawal limits

Crypto-gold exchange Vaultoro lowers fees, increases withdrawal limits

06/23/2022
CoinLoan integrates crypto analytics platform Elliptic to guard users from threats

CoinLoan integrates crypto analytics platform Elliptic to guard users from threats

06/23/2022
SithSwap raises $2.65M to build next-gen AMM on StarkNet

SithSwap raises $2.65M to build next-gen AMM on StarkNet

06/23/2022
Blockchain data platform Chainalysis introduces 'Crypto Incident Response Program'

Blockchain data platform Chainalysis introduces ‘Crypto Incident Response Program’

06/22/2022
  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2016 - 2022 CryptoNinjas Disclosures | Privacy Policy

  • Home
  • Crypto Links
  • Market Data
  • Blockchain Tech
  • Exchanges
  • Capital Raising
  • Vendor Technology
  • Token Offerings/Listings
  • Payments
  • Wallets
  • Bitcoin ATM Map
  • Conferences & Events
  • About
  • Contact
No Result
View All Result

© 2016 - 2022 CryptoNinjas Disclosures | Privacy Policy