Partager cet article
Turing Award Winner's Blockchain Opens Test Network to Public
The test network for the Algorand blockchain platform – co-founded by MIT professor Silvio Micali – has been opened to the public.
Par Stan Higgins
In this article
The test network for the Algorand blockchain platform has been made publicly accessible, the company behind the project announced Tuesday.
The proof-of-stake based Alogrand was first unveiled by MIT professor and Turing Award winner Silvio Micali in 2017. Over the course of 2018, the initiative netted some $66 million in funding, with backers including venture capital firms Union Square Ventures and Pillar, both of which funded Algorand’s $4 million seed round in February of last year.
STORY CONTINUES BELOW
Ne manquez pas une autre histoire.Abonnez vous à la newsletter Crypto Daybook Americas aujourd. Voir toutes les newsletters
Alogorand’s technological approach aspires to create a decentralized system that affords both scalability and security, as well as the elimination of the risk of “forking” or splitting into separate networks, as Micali detailed in a blog post published earlier this month.
According to the startup, the public release follows a private test period in which several hundred users took part. The then-invitation-only testnet first launched last July.
Now, Algorand hopes to attract a wider population of users to “ engage with TestNet and provide feedback on the quality, function, and overall experience of the TestNet protocol,” according to a press release.
“Opening TestNet to the public is a major milestone on our journey to the open source release of the technology, CEO Steve Kokinos said in a statement. “Today marks the latest step forward in our overall mission to enable the broader Algorand community to collaborate, innovate and contribute to the evolution of our public, permissionless blockchain platform.”
Computer cables image via Shutterstock
Plus pour vous
Ce qu'il:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
Plus pour vous
Bitcoin Faces Japan Rate Hike: Debunking The Yen Carry Trade Unwind Alarms, Real Risk Elsewhere
Speculators maintain net bullish positions in the yen, limiting scope for sudden JPY strength and mass carry unwind.
Ce qu'il:
- Impending BOJ rate hike largely priced in; Japanese bond yields near multi-decade highs.
- Speculators maintain net bullish positions in the yen, limiting scope for sudden yen strength.
- BOJ tightening may contribute to sustained upward pressure on global yields, impacting risk sentiment.
Top Stories
