Glitch Marketing > Glitch, a new L1 blockchain for building decentralized applications (dApps), begins its Phase III launch and has completed the majority of its upgrades. New network and product features around the core blockchain (testnet & mainnet), browser-extension wallet, and explorers. Preparations to allow the public to run a node on the mainnet are underway.
This is just the beginning…another milestone in the books, Glitchers!
Glitch Finance is thrilled to announce the successful deployment of the majority of Phase III Von Hayek. The team will continue development and testing to release the remainder of the phase as soon as it is safe to do so.
Phase III got its name 'Von Hayek' from Friedrich von Hayek, remembered as the Father of Austrian Economics. He believed that society's prosperity was driven by creativity, entrepreneurship, and innovation, which is only possible in a society with free markets. His theory on how changing prices relay information that helps people determine their economic plans was an incredible milestone in economics. Most experts consider Hayek as one of the greatest critics of the socialist consensus. Just as Phase III marks a new era for GLITCH — the transition period from an internal to a public mainnet — Von Hayek's achievements changed the environment of economics forever.
What is now available:
Testnet: 21 validator support, simple smart contracts and requirements (token), browser-extension wallet and explorer update. Allows developers to test basic functionality of smart contract on testnet using Remix IDE, dApp connectivity, and the new browser-extension wallet. Verify team and community validators on the testnet env, to be increased progressively.
Mainnet v.1.1: 21 validators support, mainnet explorer. Allows users to explore and access the public mainnet data for the first time. Verify there are three validators live and will be increased progressively.
Benefits that Von Hayek brings to GLITCH:
Allows the team flexibility to resolve unknown vulnerabilities while development continues.
Creates an opportunity to secure the network through agile iterations rather than risk an exploit by releasing it all at once. Once all is secure, technology progression will continue and users will then be able to run a node on the mainnet.
Glitch Marketing > Glitch, a new L1 blockchain for building decentralized applications (dApps), begins its Phase III launch and has completed the majority of its upgrades. New network and product features around the core blockchain (testnet & mainnet), browser-extension wallet, and explorers. Preparations to allow the public to run a node on the mainnet are underway. This is just the beginning…another milestone in the books, Glitchers! Glitch Finance is thrilled to announce the successful deployment of the majority of Phase III Von Hayek. The team will continue development and testing to release the remainder of the phase as soon as it is safe to do so. Phase III got its name 'Von Hayek' from Friedrich von Hayek, remembered as the Father of Austrian Economics. He believed that society's prosperity was driven by creativity, entrepreneurship, and innovation, which is only possible in a society with free markets. His theory on how changing prices relay information that helps people determine their economic plans was an incredible milestone in economics. Most experts consider Hayek as one of the greatest critics of the socialist consensus. Just as Phase III marks a new era for GLITCH — the transition period from an internal to a public mainnet — Von Hayek's achievements changed the environment of economics forever. What is now available: Testnet: 21 validator support, simple smart contracts and requirements (token), browser-extension wallet and explorer update. Allows developers to test basic functionality of smart contract on testnet using Remix IDE, dApp connectivity, and the new browser-extension wallet. Verify team and community validators on the testnet env, to be increased progressively. Mainnet v.1.1: 21 validators support, mainnet explorer. Allows users to explore and access the public mainnet data for the first time. Verify there are three validators live and will be increased progressively. Benefits that Von Hayek brings to GLITCH: Allows the team flexibility to resolve unknown vulnerabilities while development continues. Creates an opportunity to secure the network through agile iterations rather than risk an exploit by releasing it all at once. Once all is secure, technology progression will continue and users will then be able to run a node on the mainnet.
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