Curated News
By: NewsRamp Editorial Staff
April 08, 2024
Paragon Network Launches Highly Anticipated Test Net for Decentralized Computing
Discuss on RedditTLDR
- Paragon Network solidifies its position as a leader in Layer-1 protocols for smart contracts, offering unparalleled security and scalability.
- Paragon Network Test Net is now live, employing sharded proof-of-stake (PoS) system capable of processing up to 1000 transactions per second.
- Paragon Network aims to revolutionize the cloud computing industry, making decentralized technology accessible to everyone and democratizing access to decentralized technology.
- Join the Paragon Network Test Net to experience the future of decentralized computing firsthand and revolutionize the world of cloud computing and GPU network tokenization.
Impact - Why it Matters
The launch of the Test Net by Paragon Network is important as it signifies a major leap in decentralized computing technology. Users can expect unparalleled security, scalability, and accessibility, with the potential to revolutionize the cloud computing industry. This development impacts enthusiasts, developers, and enterprises alike, inviting them to join the journey towards a future powered by decentralized technology.
Summary
Paragon Network, a leader in decentralized computing, has launched its highly anticipated Test Net, showcasing its sharded proof-of-stake system capable of processing up to 1000 transactions per second. The network offers unmatched scalability and performance, with full compatibility with Ethereum's infrastructure. The Test Net rollout marks a significant milestone in the evolution of Paragon Network as it gears up for its official launch.
Source Statement
This curated news summary relied on this press release disributed by BlockchainWire. Read the source press release here, Paragon Network Launches Highly Anticipated Test Net for Decentralized Computing
