Avail’s Goldberg testnet has successfully processed more than 100 million transactions, a critical achievement in preparing for the mainnet launch.
100 million transactions on the Goldberg testnet!!! Do you see that?!
Shoutout to @subscan_io for building Avail’s newest explorer 🫶
You can see for yourself here – https://t.co/dD2DiTrLtQ https://t.co/hZ7HcobKR9
— Available | ✈️ ETH Denver (@AvailProject) March 1, 2024
According to Avail’s latest social media post, the Avail DA Goldberg testnet has successfully processed more than 100 million transactions. Based on the post shared with Cryptonews.com, the 100 million milestone is a “highly reliable indicator that the mainnet blockchain can handle real network loads.”
To ensure that testing activity would accurately reflect human usage, the testnet integrated Gitcoin Passport to prevent bots and Sybil attacks.
Testnet “Clash of Nodes”.
Avail recently introduced ‘Clash of Nodes’, a boosted testnet designed to rigorously validate the network through the participation of validators, light client operators, and the broader community.
This initiative not only served as a platform for engagement and competition, but also played a key role in stress testing Avail’s infrastructure. It was intended to secure a base layer with minimized trust, focusing on data availability.
The testnet leveraged the capabilities of validators to consistently validate and produce blocks, powering the core functionality of the network.
“Clash of Nodes” is open to participation from all interested parties and offers various tasks, such as balance transfers and identity checks, to contribute to testing networks.
Avail Raises $27 Million in Seed Round
On February 26, Avail announced it has secured $27 million in an early-stage funding round, with significant contributions from Peter Thiel’s Founders Fund and Dragonfly Capital. Other participants in the round included SevenX, Figment, Nomad Capital and other angel investors.
The day is here! We unfold the cards!
Avail Raises $27M Led by @foundersfund and @dragonfly_xyz to Accelerate Web3 Unification!
With this, we build the Avail Trinity – a three-phase roadmap aimed at uniting multiple ecosystems in web3.
Consisting of:
• Available… pic.twitter.com/DbmuNdoPKz
— Available | ✈️ ETH Denver (@AvailProject) February 26, 2024
The capital injection came at a crucial time for Avail as it looks to expand its technology offering and strengthen its position within the web3 sector.
“Avail lays the foundation for a fundamentally integrated blockchain future where separate ecosystems can implement their own technology and scale solutions while remaining connected through a trust-minimized and secure coordination layer,” the company said.
