Venom Foundation Official
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Official Venom Foundation account. Delivering an asynchronous, ultra-fast, scalable blockchain with low transaction fees for CBDC and Web3 projects worldwide X: https://x.com/VenomFoundation Discord: https://discord.gg/venomfoundation
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We have a significant network upgrade planned.
Please be informed that scheduled maintenance will take place tomorrow. During this update, our Testnet will be temporarily offline for approximately 24 hours. This downtime is necessary to ensure a smooth transition and to implement the necessary improvements.
Stay tuned for further updates as we continue to improve our protocol and the Venom ecosystem!
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π£ Introducing the Venom Blockchain Launch Roadmap π£
We're excited to share our launch roadmap, where we embark on a journey of decentralized innovation and community-driven governance. Here's a brief overview:
Stage 0: PoA Launch
We're currently establishing a robust foundation through Proof of Authority (PoA). During this stage, participants can create accounts, hold and transfer tokens, stake to validators, and deploy smart contracts and dApps.
Stage 1: PoS and Governance
Next, we'll transition to Proof of Stake (PoS), empowering our community to elect validators and shape the network's future through proposing and voting on network upgrades.
Stage 2: Workchains and Interoperability
Our final stage introduces a workchain framework for developers to create custom workchains and leverage cross-workchain communication, fostering collaboration and innovation.
For more insights, check our whitepaper:
https://venom.foundation/Venom_Whitepaper.pdf
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