Attestation Era: How Incentivized Testnets Become the Key to Public Chain Success

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The rise of the attestation mechanism: incentivizing Testnet is the key to successful protocol

In recent years, attestation (PoS) blockchains have been increasingly popular. This trend is reflected in Ethereum's transition from proof of work to PoS, the thriving development of the Cosmos ecosystem, and the emergence of new PoS public chains such as Aptos and Sui.

The PoS mechanism relies on a network of validators, which presents two major challenges for projects: first, the internal testing has limited value because the network depends on decentralized external parties to reach consensus; second, the nodes can be costly and require specialized skills and effort to maintain.

This situation has contributed to the rise of incentive Testnets. Cosmos was the first to launch this testing mechanism through the Game of Stakes project, aimed at testing the core functionalities of blockchain in a decentralized and low-risk manner.

The incentive Testnet is a gamified program that encourages external validators, developers, and users to participate in blockchain network testing to earn rewards. It is primarily used to test PoS infrastructure, helping projects guide a strong network of node operators, ensuring stability and decentralization upon launch, while simulating a real environment to uncover potential issues.

In addition to testing staking and validator infrastructure, the incentivized Testnet can also be used for testing in areas such as smart contract deployment, governance voting, transactions, cross-chain infrastructure, security measures, and general protocol usage.

When building the incentive Testnet, the team needs to consider the following points:

  1. Define objectives: Identify the key parts to be tested, considering project scale, entry criteria, and success metrics.

  2. Set thresholds: Establish admission criteria, such as hardware requirements, validator experience, and geographical diversity, while ensuring enough participants to achieve decentralization.

  3. Design incentive mechanisms: Ensure comprehensive testing of functions and assist the community in preparing for the mainnet launch through project design and reward deployment.

  4. Promote mainnet launch: Leverage the community momentum and experience accumulated from the Testnet to lay the foundation for the successful start of the network.

The incentive Testnet is typically conducted in phases, gradually testing various parts of the network. Rewards are mostly native tokens of the project, and sometimes stablecoins are used. The reward methods include two types: milestone/task-based and performance-based.

Coinlist article: Why is the incentivized Testnet an important driver of protocol success?

Many projects allocate about 1% of the token supply as rewards on the Testnet. Some projects also offer additional incentives, such as granting funds to support tool development or providing validators with opportunities to obtain token authorization.

Through the incentivized Testnet, validators gain operational experience, developers become familiar with tools and documentation, and community contributors compile learning materials and provide support. All of these help to establish a high-quality community, laying the foundation for the success of the protocol.

Coinlist writes: Why is it said that incentivized Testnet is an important driver of protocol success?

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PseudoIntellectualvip
· 08-12 08:11
What are the benefits of an expensive POS?
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SchrodingerWalletvip
· 08-12 08:06
The cost of nodes is too high for retail investors to participate.
View OriginalReply0
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