BlockDAG’s Keynote 3 Goes Live: CEO Reveals $208M Achievement, Proclaims Beginning of Mainnet Revolution
BlockDAG’s latest keynote wasn’t just another update—it marked a major leap forward. Presented by CEO Antony Turner and team leaders Jeremy Harkness, Maurice Herlihy, Steven Clarke-Martin, and Youssef Khaoulaj, the event highlighted BlockDAG’s growth from a daring plan to a nearly finished blockchain network. With over $208 million raised, the activation of the beta testnet, and the initial shipments of X-series miners, BlockDAG (BDAG) is paving the way for significant advancements.
The Evolution of BlockDAG: From Concept to Reality
Antony Turner sparked the session by emphasizing:
“This is more than an update—it’s a defining moment in our journey toward decentralized innovation.”
He revisited the previous keynotes—Keynote 1 introduced BlockDAG’s innovative architecture, while Keynote 2 unveiled the X1 Miner App and the Tap Miner game that became a sensation.
Within less than a year, BlockDAG has expanded to over 170,000 holders, more than 750,000 X1 miners, 400,000 gamers, and a global presence in over 100 countries. The ongoing presale, now in its 27th iteration, has successfully raised over $208 million, and the BDAG coin price has increased significantly from its initial value, showcasing substantial growth.
Beta Testnet Activation and Mining Equipment Updates
BlockDAG’s unique architecture combines the scalability of DAG with the robustness of proof-of-work, forming the foundation of its technology. CTO Jeremy Harkness explained:
“This isn’t your traditional blockchain—we’re literally rewriting the rules… With parallel processing, multiple blocks are confirmed simultaneously.”
The event marked the rollout of Beta Testnet V1, improving significantly on the alpha version, featuring:
- Enhanced speed compared to the prior testnet
- A sophisticated explorer that includes smart contract and node visualizations
- A wizard for creating tokens and NFTs without coding
- Interactive decentralized applications
- Regular airdrops of testnet BDAGs to participants
As Turner highlighted:
“This is a major step forward in terms of transaction speeds, explorer functionality, and distributed applications.”
The much-anticipated announcement of the commencement of miner shipments was also made. BlockDAG’s X30 and X100 ASIC miners, designed for peak performance on the network, are now on their way to early adopters.
“We have now commenced shipping our first batch of miners”
“By the time our mainnet goes live, we will have shipped close to 10,000 ASIC miners to our community around the world,” Turner declared.
These devices are vital for achieving decentralized consensus across the network.
DeFi, Development Tools, and Community Incentives
BlockDAG is focusing not only on technological speed but also on building a robust utility framework. Harkness discussed the full spectrum of DeFi-ready features that will be available, including stablecoins, exchange platforms, bridges, and lending services.
“Together, these components form a financial toolkit that makes a new Layer 1 blockchain practical,” he noted.
The platform provides an extensive Integrated Development Environment, EVM compatibility, and a user-friendly Token Wizard for no-code smart contract deployment. The development community is supported through several initiatives:
- BlockDAG Academy, offering blockchain education for all skill levels
- An Ambassador Program that supports educators and developers
- A Grants Program to fund innovative DApps and tools
- A global hackathon series with substantial rewards
- A forthcoming Bug Bounty Program
Steven Clarke-Martin emphasized the collective effort:
“This is your invitation to be part of the movement… Together, we will build, innovate, and redefine what’s possible with BlockDAG.”
Security and Scalability: Preparing for Mainnet
Youssef Khaoulaj underscored the network’s security-centric design, which includes thorough audits and state-of-the-art wallet security:
“Security is not a feature—it’s the bedrock upon which we’ve built everything.”
Maurice Herlihy discussed the benefits of BlockDAG’s advanced architectural design:
“In a DAG, miners that work in parallel can succeed in parallel… This removes a significant barrier to scalability.”
BlockDAG utilizes potential network issues like forks and complex loads as features that enhance performance and fairness.
Upcoming Mainnet Launch and Expansion of dApps
Turner confirmed the upcoming Mainnet launch, supported by an advanced technical infrastructure and integration on prominent exchanges. Initially, the network will handle thousands of transactions per second, aiming to scale up significantly within two years. The post-launch plan includes the introduction of over a thousand dApps across various sectors such as finance, gaming, and healthcare.
“This isn’t merely another milestone—it’s the full transformation of BlockDAG from concept to a vibrant, operational ecosystem,” said Harkness.
The keynote concluded with Turner hinting at future developments:
“Look out for our next keynote—oh did I say ‘Keynote’? I meant ‘Launchnote’—coming soon!”
The Closing Note
BlockDAG’s third keynote not only demonstrated readiness for launch but also a commitment to leading the cryptocurrency space. From beginning miner shipments to activating its beta testnet, and from developing real DeFi tools to growing a robust developer community, BlockDAG is proving itself as a tangible, successful implementation.
As Turner succinctly put it:
“BlockDAG is more than a project. BlockDAG is more than a blockchain. BlockDAG is a revolution. And we’re just getting started.”
Presale: https://purchase.blockdag.network
Website: https://blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
| Disclaimer: The text above is an advertorial article that is not part of Coincu.com editorial content. |
No tags available.
Other Posts
Latest
Press Release
Bitunix Launches the World’s First K-Line Ultra App with TradingView Integration
SEED Opens A New Chapter for GameFi Narrative After Hitting Top 1 NFT Collection on Sui
