The countdown is on for BlockDAG’s eagerly awaited Beta Testnet, scheduled for release in March 2025. Announced at the 5th AMA on February 20, 2025, the technical team shared details about this major update following extensive development and thorough internal testing.
This launch will feature the enhanced BlockDAG Explorer for advanced real-time monitoring and new tools for verifying smart contracts, facilitating interactions with ERC-20, ERC-721, and ERC-1155 transactions.
With the presale hitting over $199.7 million and 18.6 billion BDAG coins already distributed, BlockDAG (BDAG) is progressing steadily toward its full mainnet operation. Here’s what you need to know about the Beta Testnet and its pivotal role in BlockDAG’s roadmap.
BlockDAG Explorer Upgrades
The upgrade to BlockDAG’s Explorer introduces cutting-edge tools for real-time tracking, offering in-depth insights into network operations. This enhanced feature allows for the monitoring of transaction speeds, gas fees, and network congestion through dynamic data visualizations, increasing transparency and functionality for users.
Moreover, the updated Explorer will facilitate transactions involving ERC-20, ERC-721, and ERC-1155, making it a versatile hub for tokenized assets, NFTs, and smart contracts. This broadens BlockDAG’s capabilities, making it a robust blockchain ecosystem suitable for a wide array of dApps and financial activities.
Enhancing Smart Contract Security and Tooling
Developers are set to benefit from new tools for smart contract verification, enhancing security and ensuring code integrity prior to deployment. The testnet now includes automated verification features within the Explorer, allowing developers to validate their code directly in the environment.
BlockDAG’s Beta Testnet is also equipped to handle multiple token standards, supporting the popular ERC-20, ERC-721, and ERC-1155 protocols. This compatibility facilitates the smooth integration of tokens, NFTs, and other decentralized applications with the network.
For developmental testing, BlockDAG introduces a faucet feature that provides developers with testnet BDAG coins to conduct transaction simulations. This helps ensure that smart contracts operate as expected before they are implemented on the mainnet.
Tracking Presale Progress and Industry Impact
BlockDAG’s presale continues to draw substantial participation, with nearly $199.7 million raised to date. Currently, in Batch 27, the price of BDAG has reached $0.0248, achieving a 2,380% ROI since Batch 1. The sale of over 18.6 billion BDAG coins demonstrates increasing confidence in the project’s future.
Additionally, the demand for BlockDAG’s X-series miners is soaring, with sales topping $6.5 million and more than 16,000 units sold. This enthusiasm highlights the anticipated profitability of BlockDAG’s proof-of-work model once the mainnet launches.
Key Takeaways from BlockDAG’s Strategic Advancements
With the upcoming Beta Testnet launch in March 2025, BlockDAG is nearing a pivotal development milestone. The upgraded Explorer, enhanced smart contract tools, and support for multiple token types reinforce its framework as a durable and scalable network.
Coupled with a successful $199.7 million presale and a booming mining ecosystem, BlockDAG is positioning itself as a formidable entity in the blockchain industry.
Developers and blockchain enthusiasts should closely monitor BlockDAG’s progression from testnet to mainnet, which promises to unlock new opportunities for decentralized applications and innovations in blockchain technology.
Website: https://blockdag.network
Presale: https://purchase.blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
Disclaimer: This article is a sponsored press release for informational purposes only. Coinsprobe does not endorse or guarantee the accuracy, quality, or reliability of any content, products, or services mentioned. The views expressed do not reflect those of Coinsprobe and are not financial, legal, or investment advice. Investing in crypto assets carries significant risk. Readers should conduct their own research and act at their own risk. Coinsprobe is not liable for any losses or damages arising from reliance on this content.