With the market in limbo at the time, it’s probably a good time to look at the technical side of blockchains, and specifically in those projects that have working products in the pipeline.
What all these projects have in common other than faithful and emphatic communities backing each, is that all have a TestNet version currently released and are in the process of developing or releasing MainNet versions of their blockchain to the delight of Cryptocurrency enthusiasts across the globe. Of course there is the exception of ADA as shall be elaborated below.
The first project with a MainNet launch that is in Q2 of this year, is EOS (EOS). The exact date is the subject of plenty of speculation on the web with some crypto fans saying it is either the 2nd or the 3rd of June this year. EOS mainnet plans on being the most powerful platform for decentralized apps with superior smart contract capability to that of Ethereum.
The fascinating Zilliqa project also has a TestNet version currently available. It was released on the 31st of March. The project has excited many crypto enthusiasts with the sharding concept of mining and the use of the new revolutionary programming language known as Scilla that is developer friendly and secure. The project’s roadmap states that with the Testnet live in March, and according to schedule, the MainNet will be released in the third quarter of this year. Exact date is yet to be announced.
Another exciting project that has kept the crypto-verse anxious in terms of when the MainNet version will be available to the public, is Cardano (ADA). The current roadmap states that the MainNet version was released on the 29th of September last year. However, the MainNet is currently only available to trusted nodes run by the Cardano Foundation, IOHK and Emurgo.
Also on the ADA roadmap, is the Shelley project that aims to decentralize the MainNet. The features of Shelley will be released sometime in Q2 and Q3 this year. The first release will involve the delegation and stake pool testnets. Users will be able to delegate their stake, or to act as stake pools and have stake delegated to them. Therefore, and contrary to popular belief, the ADA coin is on its own blockchain. There is no migration happening. Only decentralization of the network.
So hopefully with Mainnet launching for several projects in the coming months, adoption and visibilty will have a positive effect on the market as a whole.