Saitama, a cryptocurrency project that aims to create a decentralized platform for various use cases, has launched the alpha testnet of its own blockchain, SaitaChain, according to a tweet from its official account.
SaitaChain is a layer 1 blockchain that is compatible with the Ethereum Virtual Machine (EVM), allowing users to execute smart contracts and perform transactions with low fees. The testnet currently has a 7-nodes setup, an explorer tool, a faucet mechanism, and a Metamask integration.
The tweet also invited the Saitama community to join the testnet and experience the features and possibilities of SaitaChain. The project claims to have over 1.5 million holders and recently partnered with Coinbase to list its token, Saitama, on the exchange.
Saitama is one of the many cryptocurrency projects that have emerged in the past year, offering various solutions and innovations to the crypto space. The project also has a wallet and marketplace app, SaitaMask, that allows users to access and manage their Saitama tokens and other assets.
The launch of the alpha testnet of SaitaChain is a significant milestone for the project and its community, as it demonstrates its ambition and potential to become a major player in the crypto industry. The project plans to launch the beta testnet and the mainnet of SaitaChain in the coming months.