The DigitalBits blockchain has launched its Mainnet 2.0 with necessary upgrades. The community, which focuses on branded currencies and stablecoins, will now assist esports companions Zytara’s ZUSD stablecoin and supply up to date sources for brand new product growth.
Managing Director of the XDB Basis, Michael Gord, shared his expectations on the launch. “We stay up for each new and current ecosystem members starting to interact with Mainnet 2.0 and its related functions, as we execute on our mission to construct one of many world’s largest blockchain ecosystems.”
Before everything, the launch will serve to enhance DigitalBits’ core capabilities. Branded currencies are a fast-growing digital asset class that supply the advantages of blockchain expertise with out the volatility. They maintain the steadiness and community results of fashionable manufacturers but enhance market intelligence and supply interoperability with different blockchain functions.
Mainnet 2.0 will even profit DigitalBits’ current companions. Following a profitable launch on Ethereum, Zytara’s ZUSD will now function on the DigitalBits blockchain. Lisa Loud, Normal Supervisor of Digital Foreign money at Zytara, introduced that the esports centered digital financial institution would even be dedicated to “working DigitalBits community nodes throughout the globe, serving to to remodel this blockchain right into a world-class expertise.”
The Zytara greenback (ZUSD) is a branded stablecoin issued in partnership by Zytara and Prime Belief. It addresses the inefficiencies in present fee options within the business offering real-time fund transfers across the clock. Zytara additionally helps with merch gross sales, in-game objects and enhancements, fan engagement, and allows the event of programmable incentives.
Lastly, the XDB Basis and DigitalBits web sites will likely be up to date in accordance with new upgrades applied within the Mainnet 2.0 launch. Developer paperwork, tokenomics, node applications, DigitalBits blockchain tutorials and walkthroughs will likely be revised and the XDB Basis will even be rolling out academic curriculums, developer challenges, and hackathons, in addition to startup competitions. These goal to assist the developer group with new merchandise and integrations.
The Mainnet 2.0 repository will develop into publicly obtainable in the course of the week of February 22, 2021. Nonetheless, different DigitalBits companions have already shared their enthusiasm. Stably CEO Kory Hoang mentioned their staff was “very excited to assist the transition of DigitalBits to Mainnet 2.0. Property issued by way of our Stablecoin-as-a-Service will now be capable to leverage the velocity and energy of the DigitalBits blockchain.” He added that Stably was additionally dedicated to working nodes on the DigitalBits community.
The XDB Basis additionally introduced the enlargement of its XDB Liquidity Reward Program forward of the launch.