Like you, an enthusiast of the DMD diamond blockchain and its unique offerings, wondering why the DMDv4 launch is behind schedule. When do we start to benefit from the DMD diamond blockchain’s first industry HBBFT consensus, and dPoS election validation mechanism keeps lingering in your mind. We understand you, and this article is here to keep you informed.
First, all thanks to you, the community members, for your selfless drive toward the ecosystem’s growth. With you, the blockchain was able to rank up significantly on Coinmarketcap despite the crypto winter encountered. The DMDv4 mainnet launch will come as another breakthrough to the ecosystem amidst the forthcoming crypto spring.
Of course, we have a scheduled timeframe for the DMDv4 mainnet launch on our roadmap – from the open alpha start in 2 weeks to the open beta launch in 3 months, subsequently by a robust external code audit that determines the fine-tuning of open beta, with a mainnet start possibly in early 2024. However, the cause for the delay in the mainnet launch is due to the bulk of unforeseen workloads that result from the complex code structure of DMDv4 and moving our codebase to the state-of-the-art ecosystem – which makes it a longer development process than we foreseen.
We started development since 2018. Coding toolchains have evolved over the five years, and we have decided to offer an instant visible 2023 state-of-the-art ecosystem different from the 2018 style toolchains; hence, we are not only offering the first industry features but also state-of-the-art coding toolchains.
With our passion for having a stable and robust ecosystem by launching DMDv4 – to compete well in the face of the demands of the blockchain industry, all hands are on deck to deploy quality effort, even if longer, to present DMDv4 in the actual picture we describe as its infrastructure and use cases. We can’t afford to experience what PoW and combined PoW and PoS-based blockchains currently face in the industry – such as scalability issues and more.
With DMDv4, our native coin is positioned to receive an influx of investors judging from the unique use cases of the upgrade. So, let’s look into the future of revolutions DMDv4 is bringing rather than any specified timeframe for release and collaborate judiciously towards having a sustainable blockchain we can vouch for.
Learn more – https://bit.diamonds/blog/