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With mainnet launch on the horizon, Coda Protocol accepts its second cohort into the Genesis token program to ensure high decentralization upon mainnet launch.
One year since launching its public testnet, Coda Protocol has achieved milestones like significant community growth and high geographic distribution among participation, with members hailing from over 180 different countries.
Over the past year, Coda’s Testnet has grown from a small group of 65 community members to a cohort of over 850 hailing from all over the world. In fact, since launch the Coda testnet has experienced 1200% growth in cumulative members. Thanks to our active community, the Coda testnet is now one of the largest layer 1 testnets by peer count for non-ICO-ed protocols!
With testnet participants now numbering over 700 in Coda’s Testnet Phase 3, release 3.2b marked the biggest testnet release in Coda history. Around the start, one of the block explorers observed 278 peers within 24 hours (and this node is only seeing a part of the network!), and at the end of the release, there were at least 275 concurrent nodes!
Coda Protocol is setting aside $2.1 million USD in token grants to support community members in activities such as improving the protocol, building tooling and creating content, ultimately ensuring high decentralization upon mainnet launch.
This spring, Coda Protocol concluded a security audit conducted by NCC Group, one of the world's leading cyber security service providers, to ensure the security and strength of our protocol.
While the core team is working hard on launching a public testnet, more than 300 members participated in release 3.2a ‘Coda Sandbox’, which launched on Monday, April 20th. For two weeks, the users participated in challenges, racked up over 500,000 testnet points* together on the Testnet Leaderboard, and increased their chances to become eligible for the Genesis token program.
We recently invited our testnet participants to fill out a user survey to help the team better understand the community. These are the results!
Genesis Founding Member Greg is a lifelong learner and chose to participate in Mina due to the supportive community. Read about his thoughts so far and the resources that have helped him learn about crypto/blockchain.
Get to know Genesis Founding Member Alexander, who has been active on Mina's testnet since its start and is also part of Mina's Russian-speaking community.
Coda Protocol, the world's lightest blockchain, is now one of the largest layer 1 testnets by peer count. With mainnet on the horizon, Coda received over one thousand applications to its new Genesis token program.
Learn more about Genesis Founding Member garethtdavies, who has been involved with Mina's community since our testnet was opened to public beta.
Mina uses advanced cryptography and recursive zk-SNARKs to deliver true decentralization at scale.
Mina makes it simple to run a node, build and join the community.
