The Anoma Foundation has unveiled the Namada Mainnet Release Candidate, marking a significant advancement in their journey towards decentralization. This release candidate is now available for community review, and individuals are invited to join the discussion on the Namada Forum.
Discover more about: What is Namada Network?
The Namada Mainnet Release
The Namada Mainnet Release Candidate signifies a major milestone in the roadmap towards a fully decentralized mainnet launch. This release incorporates all essential protocol features necessary to navigate through all five planned phases.
With confidence in the readiness of the Namada Mainnet, the Anoma Foundation anticipates that the community will play an active role in its deployment. Beginning with Phase 1, genesis community members will have the opportunity to stake NAM tokens to secure the network, propose governance initiatives, and vote on crucial governance decisions.
Since its inception in 2022, the Namada protocol has been open-source, encouraging contributions from a diverse ecosystem that includes Knowable, Informal Systems, Heliax, and numerous validator operators. Their invaluable input has been crucial in the protocol’s development.
The mainnet release follows extensive internal testing, external audits, and numerous testnets, such as the Shielded Expedition, which saw participation from over 10,469 validator operators and 129,238 individual network participants.
The Anoma Foundation will not operate any validators; instead, the Namada community is expected to lead the launch alongside validator operators and contributors. Once there is broad consensus that the software, parameters, and token balances are ready, the community will coordinate the mainnet launch.
Participants are advised that, despite rigorous testing and adherence to high industry standards, the Namada mainnet remains experimental. Risks are inherent, and it is crucial for participants to only commit resources they can afford to lose. Mainnet environments are distinct from testnets, and unforeseen issues may arise.
The Namada Mainnet Security Program
In conjunction with the mainnet release, the Anoma Foundation is launching the Namada Mainnet Security Program (NMSP). This initiative is designed to reward individuals and teams for identifying and reporting security-critical bugs within the Namada protocol.
The NMSP covers all security-critical aspects of Namada’s designs and implementations. The Anoma Foundation is committed to working in good faith with anyone who discovers vulnerabilities, ensuring that all reported issues are addressed thoroughly.
For additional information about the NMSP, interested parties are encouraged to visit the Namada website.
Conclusion
The release of the Namada Mainnet Release Candidate represents a pivotal step in the quest to build a secure and decentralized blockchain network. The Namada Mainnet Security Program highlights the Foundation’s commitment to maintaining high security standards and fosters active community involvement. As the mainnet launch approaches, community feedback and participation will be crucial in refining and perfecting the protocol. The Namada community is encouraged to be part of this exciting journey and contribute to shaping the future of Namada.
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