The Catalyst testnet has been made available to the general public, marking another crucial step for the Cardano blockchain system.
Essence of Project Catalyst testnet
The public may now download the Catalyst code and actively engage in testing new features with the IOG Catalyst development team, according to the blockchain start-up Input Output Hong Kong (IOHK), which is responsible for the invention. The announcement was made on the X platform earlier today.
The groundbreaking idea behind Cardano’s Project Catalyst is to decentralise investor access to the ecosystem’s cutting-edge protocols. Project Catalyst, which is led by the Cardano Treasury and is fundamentally powered by smart contracts, serves just as a driving force behind the expansion of the proof-of-stake (PoS) blockchain network.
Cardano is concurrently pushing a big expansion goal across several areas. The Project Catalyst mainnet launch is timed such that the majority of decentralised apps (dApps) on the blockchain are prepared for the market, even if some of its innovations have already reached the general public.
Project Catalyst will undergo all the necessary testing now that it is operational on the testnet in order to enhance its overall functionality and delivery.
More milestones underway
As is customary for Cardano, it has also made available its weekly development report, which reveals that some of its other inventions saw considerable improvements across the board. The latest version of the Hydra Head scaling solution that was released this week is one of the most remarkable of them.
Version 0.12.0 of the upgrade is a substantial update that adds support for Cardano node version 8.1.2. Along with Hydra, the lightweight wallet Lace also received a noticeable update. It is now created to show off basic compatibility with Trezor Model T devices.
