“Ascend Devnet”: Public Bidao® Smart Chain is here — the fastest real POS Blockchain powered by BISC

Bidao Smart Chain
4 min readApr 24, 2023

Dear Bidao Warriors 😃,

We are pleased to announce the public release of the Bidao Smart Chain Devnet. This significant step enables users to experience and transact on the Bidao Smart Chain Devnet. The decision to open the Devnet to the public is aimed at acquiring crucial real-world data to reinforce our Proof of Stake system.

We believe that this move will foster community participation and feedback, which are crucial to our quest for continuous improvement. We are confident that this development will offer Bidao Warriors a more comprehensive and robust system.

🚀BiSC: The fastest real Proof Of Stake Blockchain

The Bidao Smart Chain is the result of tireless efforts by our development team to deliver a real Proof of Stake blockchain that truly embodies decentralization. Unlike other popular blockchains that utilize a form of delegated Proof of Stake, our Real Proof of Stake system ensures that the validator set is completely decentralized, with every validator acting as an independent node in the network.

One of the unique features of the Bidao Smart Chain is its lightning-fast blocktime of just 5 seconds, making it the fastest Real Proof of Stake blockchain on the market. We believe that this speed is crucial in delivering a seamless user experience, and we’re excited to see how our community will take advantage of it.

We recognize that some of the existing Proof of Stake systems can be prone to centralization, leading to a myriad of issues, such as regulatory compliance, censorship, and loss of anonymity. At Bidao, we’re committed to building a truly decentralized foundation that promotes the longevity and sustainability of our ecosystem. We believe that only truly decentralized systems will survive in the long term, and we’re excited to be at the forefront of this movement.

Comparison

The Bidao Smart Chain is setting a new standard for blockchain technology, as demonstrated in the table above, where it ranks as the fastest real Proof of Stake (POS) blockchain. This achievement marks a major milestone in our journey towards becoming a future-proof alternative to Ethereum.

In addition to being the fastest, the Bidao Smart Chain is also designed to have much lower gas fees than Ethereum. As the Ethereum network becomes increasingly congested and expensive, we believe that our competitive gas fees will make Bidao Smart Chain an attractive option for the average user.

We understand that migrating from other blockchains can be a daunting task, which is why we’ve made it easy for users to switch to Bidao. Our platform is entirely EVM compatible, which means that moving to Bidao can be done with just one click. Whether you’re currently on Ethereum, Binance Smart Chain, Arbitrum, or Polygon, transitioning to the Bidao Smart Chain is super easy.

📶Next Steps

We’re thrilled to announce that we’ve released the Ascend Devnet to the public, marking a significant milestone in our journey towards creating a fully functional Bidao Smart Chain. As with any development project, there may be occasional downtime as we continue to actively work on improving the Devnet and implementing new features.

At present, users can access the RPC endpoints and Block Explorer, with additional features such as the Staking interface, Staking explorer and Tokenbridge coming soon. We’re committed to providing our users with the tools they need to make the most out of their experience on the Bidao Smart Chain.

Our next milestone is the Apex Testnet, which will be the fully fledged Bidao Smart Chain. Once the Apex Testnet is successfully launched and tested, we’ll be moving forward with the launch of the Mainnet, which will mark a major step towards realizing our vision of a fast, secure, and fully decentralized blockchain ecosystem.

💻Please connect now to the Bidao Devnet!

Add it to metamask

Network Name: Ascend Devnet

New RPC URL: https://rpc-ascend.bidaochain.com

Chain ID: 2119209

Currency Symbol: tBISC

Block explorer URL: https://ascend.bidaochain.com/

BISC holders will receive an airdrop of tBISC (test BISC) tokens within the coming days. This week we will also release multiple tutorials (How to connect? How to deploy your own token? and much more). Also to become a staker you will need a minimum amount of tBISC Tokens. More infos regarding staking will be found in our next announcement.

If you need some tBISC or need help, please join our Telegram community!

Thank you for your support as we continue to push the boundaries of what’s possible in the world of blockchain technology.

Best regards,
The Bidao Team

Want to learn more about Bidao® Smart Chain

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