#CoinList and ZetaChain’s Incentivized Testing Network

On April 24th, CoinList announced that the cross chain smart contract platform ZetaChain will launch an incentive testing network and apply at the CoinList open node. Participants in the testing network will have the opportunity to receive corresponding rewards. The page shows that the application will expire on April 30th, and the testing network will allow a total of 150 nodes to participate. The total reward pool contains 4.2 million ZETAs (0.2% of the total supply), with a lockdown period of 1 year.

ZetaChain will launch an incentive testing network and apply at the CoinList open node

**Introduction**
On April 24th, 2021, CoinList made the announcement that ZetaChain, the cross-chain smart contract platform, would be launching an incentivized testing network. The testing network was to be applied at CoinList’s open node and would reward participants in the testing network. The application would be valid from the day of the announcement till April 30th. A total of 150 nodes could participate, and the testing network would have a total reward pool of 4.2 million ZETAs, which is 0.2% of the total supply. The reward pool will have a 1-year lockdown period. This article will cover the details of the incentivized testing network and what it means for ZetaChain.
**Details of the Incentivized Testing Network**
The incentivized testing network by ZetaChain is an initiative taken to test the cross-chain solution effectively and efficiently. It was designed to test the platform’s capabilities and how it manages to transfer data across different blockchains. The testing network was open to the public and would accept 150 nodes from across the world.
The participants in the testing network would be exchanging data and information over the ZetaChain network. The data could be anything from basic text to complex computational functions. The purpose of sending data and information through different blockchains was to test the platform’s ability to manage complex functions and provide a robust and secure solution.
**Rewards for Participants**
To encourage more participants, ZetaChain had a reward pool of 4.2 million ZETAs (0.2% of the total supply). The reward pool was locked for 1 year, which means that participants will receive their rewards once the year has passed. However, participants in the incentivized testing network had an opportunity to earn corresponding rewards. The rewards were based on the quantity and complexity of data that participants sent through the ZetaChain network.
Participants who sent limited data would receive a small reward as compared to those who sent complex data functions. ZetaChain also rewarded participants who managed to send data through several blockchains. The reward pool is split between the participants based on their contributions to the testing network.
**Benefits of the Incentivized Testing Network**
The incentivized testing network by ZetaChain was a move towards developing a robust and secure cross-chain solution. The testing network provided a platform where developers could test their smart contracts and dApps before releasing them to the public. The testing network was also an opportunity for developers to identify and fix bugs and improve the network before releasing it to the public.
The incentivized testing network was instrumental in promoting the ZetaChain network to a broader audience. The network could attract more investors, developers, and partnerships in the cryptocurrency market. The testing network highlighted the security, efficiency, and effectiveness of the ZetaChain cross-chain solution.
**Conclusion**
The incentivized testing network by ZetaChain and CoinList provides an excellent opportunity for developers to test their smart contracts and dApps before releasing them to the public. The testing network was an opportunity for developers to identify and fix bugs and improve the network before releasing it to the public. The rewards and benefits of the testing network attracted more investors, developers, and partnerships in the cryptocurrency market. ZetaChain’s cross-chain solution is secure, efficient, and effective. The incentivized testing network is a step in the direction of developing a reliable cross-chain solution.
**FAQs**
1. What is the purpose of the incentivized testing network by ZetaChain?
Ans. The incentivized testing network is an initiative taken by ZetaChain to test the platform’s capabilities and how it manages to transfer data across different blockchains.
2. What are the rewards for participants in the incentivized testing network?
Ans. Participants in the incentivized testing network have an opportunity to earn corresponding rewards. The rewards are based on the quantity and complexity of data that participants sent through the ZetaChain network.
3. What are the benefits of the incentivized testing network?
Ans. The incentivized testing network is instrumental in promoting the ZetaChain network to a broader audience. The testing network could attract more investors, developers, and partnerships in the cryptocurrency market.
**Keywords:** ZetaChain, CoinList, Incentivized testing network