The Avalanche team, which develops blockchain-powered apps including those involving decentralized finance or DeFi, claims that its mainnet release candidate, called Everest, has been “outstanding thus far.”
The Avalanche project developers noted that over 650 full, block-generating transaction validators are taking part in activity on the distributed ledger tech (DLT) based network.
The Avalanche team stated:
“We’re seeing awesome development activity, and making great strides in improving the user experience you’ll have at launch.”
“For a mature ecosystem to develop around Avalanche, we need to complete critical third-party integrations. … we are waiting to launch [the platform’s] mainnet until users can access, hold, and store AVAX with reputable third-parties. The Avalanche community should expect mainnet and exchange liquidity around mid-September [2020.]”
Avalanche project developers will also be introducing key infrastructure integrations such as digital asset custodians, crypto wallets like Ledger hardware, and various staking service providers.
The Avalanche developers note that since the platform’s native token, AVAX’s public sale on July 15, 2020, the project’s team has been focused on the initiative’s mainnet launch. The Everest mainnet release candidate has helped Avalanche’s developers with gaining “full clarity and confidence” with the platform before “fully committing” to mainnet.
During the past few weeks, the Avalanche team has expanded its grant programs, has integrated one-click Google Logins to the platform’s wallet, and has leveraged Whiteblock’s Genesis platform to enhance Avalanche’s security.
Ava Labs, which supports Avalanche’s development, has joined the LACChain Alliance to speed up the implementation of blockchain tech in Latin America and the Caribbean region. Quantstamp is also working to improve Avalanche’s security so that it’s ready for mainnet launch.
(Note: for more details regarding these updates, check here.)
Avalanche’s developers added:
“Our team is finalizing third-party security audits, enhancing core staking and minting functionalities, aggressively testing the network to optimize performance, and developing major ecosystem collaborations that bring more applications on Avalanche.”