Sui Network Collects Verifiers for Wave 3 Test Network
It is reported that the public chain project Sui Network is collecting verifiers of Wave 3 test network, and the deadline is 23:59 Pacific Standard Time on Feb…
It is reported that the public chain project Sui Network is collecting verifiers of Wave 3 test network, and the deadline is 23:59 Pacific Standard Time on February 27 (15:59 Beijing Time on February 28).
Sui Network is collecting verifiers of Wave 3 test network, which ends on February 28
Interpretation of the news:
The blockchain project Sui Network has announced its plan to collect verifiers for the Wave 3 test network. This news is noteworthy as the completion of Wave 3 test network will bring the project closer to the launch of its main network.
Sui Network is a public chain project for decentralized applications. The project aims to create a more flexible, faster, and secure blockchain infrastructure for developers. To achieve this, the Sui Network utilizes advanced technologies like sharding, sidechains and parallel computing. In addition, Sui Network has a unique consensus mechanism known as Proof-of-Believability (PoB). PoB is designed to ensure that nodes on the network are honest and reliable.
To test its main network, Sui Network has launched a series of testnets. The third and most recent of these testnets is called Wave 3. Wave 3 is the final stage of testing before the Sui Network is launched to the public. However, to ensure the network runs smoothly, Sui Network needs to collect verifiers.
The verifiers are nodes that ensure the accuracy of transactions on the network. To become a verifier, one must stake SUI, the network’s native token. The staked amount serves as a guarantee of the verifier’s behavior. The deadline for verification submission is 23:59 Pacific Standard Time on February 27 (15:59 Beijing Time on February 28).
This move reflects the careful planning and execution of the Sui Network team. By collecting verifiers for the Wave 3 testnet, the project demonstrates its commitment to ensuring a seamless transition to the main network. In addition, Sui Network continues to position itself as a leader in the development of decentralized applications.
In conclusion, Sui Network is progressing steadily towards its launch. The collection of verifiers for the Wave 3 testnet is a critical step towards the success of the project. The deadline for submissions is approaching, and interested parties should act quickly to become a part of this exciting development in the blockchain industry.
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