After Sundaeswap, another decentralized exchange (DEX) based on Cardano, Minswap has announced January 25, 2022, as its public beta launch date.
?Announcing:
?"LAMINAR" | The Test Flight Mission?We’re proud to announce that Minswap Testnet
Event will launch on the evening of Tuesday, January 25th (EST).1⃣2⃣ Days to go!
?Read the Test Flight Manual & more:https://t.co/Sd9B8inp9s pic.twitter.com/1FiF9hHeUM— Minswap (@MinswapDEX) January 12, 2022
Public test net hep the developers to detect discrepancies in code and rectify them. Users utilize the product and notify the team about various issues they face, and the team updates any rising problems based on user experience.
“LAMINAR,” which is Minswap’s concurrency solution, that offers the capability to execute numerous transactions multiple times in a single block using accounting-style smart contracts will also be thoroughly checked in the upcoming testnet.
According to the Minswap team, Tweag, a software innovation lab, has launched an external security audit of the decentralized exchange smart contracts. Tweag specializes in the development of Haskell, which works with IOG on the architecture and design of Plutus, Cardano’s innovative contract platform.
The team announced an integration with Nami’s dApp connector. They are also working on integrating wallets such as Typhon, GeroWallet, CardWallet, CCWallet, Flint, and Yoroi into the testnet
Minswap is trying to optimize the transaction size of smart contracts. A few months ago, the Miniswap team made efforts to optimize the transaction size of their smart contracts, resulting in increased throughput. According to the report, a load test the team recently conducted on the public testnet resulted in 48 swaps per block, equating to 144 swaps per minute.
It is worth noting that Miniswap is a community-driven decentralized exchange. This means that it does not use venture capital funding, ensuring a fair distribution of its tokens.
Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
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