Decentralized Adaptive Organization LeapDAO, disclosed about the launch of the first Plasma Testnet for public deployment thus increasing the interests among crypto community and participants of the Ethereum network.
It was anchored by Testnet Zeta in the Rinkeby network last week and runs the leap-contracts and leap-node code in the 0.5 Driftwood Release. Following this, it has been available for testing and public use. The development comes at a time when the overall cryptocurrency market continues to be under pressure suggesting that blockchain continues to get the attraction.
We are proud to reveal our first public deployment of Plasma Network ✨
The release is packed with goodies for blockchain users and dApp developers. Find out what’s in there for you and how to get involved: https://t.co/VTvrs5ElHU#plasma #ethereum #layer2 cc @tendermint_team pic.twitter.com/87eqKHCOLr
— LeapDAO (@leapdao) February 7, 2019
LeapDAO listed the features of Plasma Testnet that was visible and created on Tendermint. The community runs the single plasma, and it has the capability to transfer ethereum’s ERC20 and ERC721 tokens. Interestingly, Minimal Viable Governance has secured the contract for upgrading the network. The company has also pointed out a number of features for both users and developers as the 0.5 Driftwood Release is termed as the first step on the roadmap towards launching the public network that will support provable computations.
As far as users are concerned, the key feature is that some tokens could be arranged from the testnet faucet beside enabling to deposit, as well as, transfer user’s tokens. The blog indicated that transfers could happen on the Leap network not only free but in a quick manner. There is also a mobile wallet alpha that could be tried out by users. For checking the chain’s validity and the funds’ security, users would have to download the Plasma node and synchronize it.
The blog wanted the users to be watchful on the recent governance proposals since that could have the potential to change the assumptions of the security. The blog said, “Exit your tokens back to the root chain.” There is also enough for developers in the network. They could seek their token to be registered on the Plasma Testnet, and the token would be accorded with a ‘color.’
Once these are done, the network will enable both deposits and exits. The developers too have to download a Plasma node besides synchronizing it. The blog wanted the developers to check the documentation, and the way the query should be raised on the chain besides sending transactions.
By the way, LeapDAO team hadn’t a chance to thank for the support on Reddit so we just help them:
— LeapDAO (@leapdao) February 8, 2019