Aleo Testnet Validator Incentive Program 2 Concludes Successfully

IconCryptoNewsTerminal Staff28 Jul, 2024

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Aleo Testnet Validator Incentive Program 2 Concludes Successfully

Aleo, a revolutionary privacy-enhancing blockchain project based on Zero-Knowledge (ZK) technology, recently announced the successful completion of its "Testnet Beta Prover Incentive Program 2". This milestone demonstrates the robustness and stability of Aleo's Testnet and its innovative coinbase puzzle reward mechanism. Held from July 1st to 15th, the program rewarded participating validators, known as Provers, with a substantial amount of 1 million credits. These credits serve as a form of payment for services on the mainnet and will be distributed upon its official launch. Aleo's Testnet Beta Prover Incentive Program 2 played a crucial role in testing the performance of the network, allowing developers to assess its efficiency and reliability. The program also offered a glimpse into the potential benefits and use cases of Aleo's privacy-centric blockchain.