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New Delhi, March 14, 2023 - 5ire, one of the world's fastest-growing unicorns with a mission to make blockchain sustainable and accessible for over one billion people by 2030, has seen widespread adoption of its groundbreaking Testnet: Thunder (Beta) since its launch on February 13, 2023.
Between Feb 13 to March 10, Thunder (Beta) has recorded impressive numbers, including 700K+ transactions on the 5ire Native Chain and 310K+ transactions on the EVM Chain, with 460K+ wallets created. The platform's unique consensus protocol, Sustainable Proof of Stake (SPoS), which ensures ESG compliance and rewards nodes for being there for the benefit of society as a whole, has contributed to the platform's decentralization, security, and environmental-friendliness.
One of the most exciting aspects of Testnet: Thunder (Beta) is its full compatibility with Ethereum Virtual Machine (EVM), which allows developers to build decentralized applications (dApps) and bring existing Ethereum-based dApps to 5ire, opening up a world of new possibilities for creating innovative solutions on the 5ire network. The platform is designed to operate efficiently and reduce energy consumption, making it a much more environmentally friendly option than other blockchain projects.
"We're thrilled to see such widespread adoption of our Testnet, and we're excited to continue collaborating with builders and developers worldwide to create a more sustainable and equitable blockchain ecosystem," said Prateek Dwivedi, Co-founder and CPO of 5ire.
5ire has also organized several events to engage with the community and encourage developers to build on the platform.
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