Categories: Payment system news

ReserveBlock Protocol Moves to Mainnet Beta after Seven Months of Trial

After spending seven months verifying their idea’s viability, ReserveBlock RBX is moving to Mainnet beta. During the testnet, consistent stability between validators was reported suggesting possible success along the way.

True to the positive feedback, the testnet resulted in noticeable growth. The responsible team reported a 2,500 increase in addresses before the shift to Beta. Since the reactivation of Beta, ReserveBlock already has 2,300 addresses. Notably, the addresses moved within three days after the activation.

The validators’ job will be to validate blocks across the platform. In so doing, they’ll earn block rewards. Alongside the Mainnet Beta breakthrough, ReserveBlock RBX  released better features on the platform. They also acquired advanced on-chain tools like Decentralized Selling Tools (DSTs). 

In place also is a web wallet that can easily support the planned P2P auction set to go live on ReserveBlock’s network. The auction was displayed through Nestor Cortes, a NY Yankees pitcher. He held it during the MLB All-Star to sensitize the masses.

Cortes also helped to launch a collection of NFTs during the event. Since the web wallet utilizes DST, fans and followers could view, bid, and obtain items from Cortes and each other. Minted NFTs and other assets were automatically transferred to corresponding addresses. In other words,  each transaction during the sold-out P2P auction was completed sans a third-party intervention. 

Even with the reported successes, ReserveBlock isn’t done yet. The institution has announced its plan to add tools and features. The idea is to improve user experience across the platform and enhance minting and validation of NFT-related transactions.

About the ReserveBlock Platform

RBX is the world’s first open-source decentralized NFT Centric Blockchain. The platform runs on a Masternode infrastructure to support P2P minting, trading, and validation of NFTs sans third-party intervention.

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