Announcing Aleo Testnet 3

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We are excited to announce the launch of Aleo Testnet 3. With this release, we're one step away from launching our mainnet and realizing our vision for an ecosystem of decentralized private computations as presented in our original Zexe research paper.

Aleo Testnet 3: Developers, Provers, and Validators.

Aleo Testnet 3 will be released across three (3) phases to our community. The following is a summary of the highlights for each phase.

Phase 1 – Developers (August 2022)

• Developers can start writing, deploying, and executing programs.
• The Aleo team bootstraps the network with genesis beacons.

Phase 2 – Provers (September 2022)

• Provers start solving coinbase puzzles (PoSW) to earn credits.
• The Aleo team kickstarts the bug bounty program for snarkOS and snarkVM.

Phase 3 – Validators (October 2022)

• Validators start producing blocks and earning rewards.
• Provers with 1 million Aleo credits will be able to become validators.
• The Aleo team will bootstrap the network for Phase 3 with AleoBFT.

Note that the network will be reset periodically as needed during Aleo Testnet 3, based on findings from the bug bounties program.

Read more in this article: https://www.aleo.org/post/announcing-testnet-3

To stay up to date with the latest on Aleo Testnet 3 and our future developments, join us on Discord and follow us on Twitter.