YGGDRASH Releases Industry's Very First Multichain Testnet on September 27

SEOUL, South Korea, Sept. 21, 2018 /PRNewswire/ -- YGGDRASH (www.yggdrash.io, CEO: Dong-wook Seo), a global 3rd generation blockchain developer based in South Korea, announced that it is releasing the industry's first testnet that supports multichain implementation on September 27.

The key highlights of YGGDRASH Testnet are that it implemented multichain on the testnet for the first time in the blockchain industry and making a step closer to overcome the notorious limitations of blockchain technology, speed and scalability. Furthermore, it has invested considerable time and effort to make blockchain easy to users, optimizing the end user interface and user experience which are often overlooked by many other projects.

YGGDRASH has increased accessibility and usability making the interface look like the familiar explorer. Users can search and view the latest blocks, recent transactions, branches registered on the Stem Chain, all blocks, each block, branch's specifications and directions of multichain implementations. In the future update, users will be able to easily search all branches of the Stem Chain which will be categorized by name, symbol, description, and smart contract address.

YGGDRASH has continued to improve technology to implement all Internet services on blockchain and made it possible for people to experience the benefits of blockchain in everyday life by improving ease of use. Now, with this testnet release, YGGDRASH plans to draw strong consent from the developer community and promote their participation by visualizing its mainnet's structure and allowing them to experience the multichain technology.

"YGGDRASH is dreaming of a huge ecosystem which keeps expanding based on trust," said Dong-wook Seo, CEO of YGGDRASH. "In the testnet v0.0.1, we focused on drawing an agreement from users by clearly visualizing the concept, and we will further develop it so that they can test the multi-dimensional blockchain while freely registering, modifying and viewing branches on the Stem Chain."

The testnet will be available at https://testnet.yggdrash.io as of September 27. You can watch the introduction video for the testnet at YGGDRASH's website (www.yggdrash.io).

About YGGDRASH

YGGDRASH (Token name: YEED) is truly a global blockchain project supported by citizens around the world. The blockchain mainnet development project is devoted to making people experience the benefits of blockchains in everyday life by solving technical speed and capacity issues and enabling all available Internet services to be constructed on the blockchain.

YGGDRASH was founded with the goal of developing the 3rd general blockchain by overcoming the technical limitations inherent in Ethereum. To address the data capacity issues in play for smart contracts, it uses a multi-dimensional blockchain to ensure interoperability as well as independence, processing performance and capacity of the blockchain. YGGDRASH plans to drastically improve the processing performance by sharding the blockchain network so that each blockchain (DApp) has its own blockchain network, governance, data, coin and service without depending on any upper-level chain. The main advantage of YGGDRASH is that more efficient and convenient applications of blockchain services are possible through improved nod sync speed using the BRA (Block Reassembling Algorithm), improved data storage with file sharing on a P2P network, and Blockchain Starter & Smart Kit. 

YGGDRASH is a word formed by combining Yggdrasil and Hash. Yggdrasil is a mythical tree that connects the human world, heaven, and the underworld serving as the path in Norse cosmology. It represents a tree of life, a world tree or a divine tree. YGGDRASH means the first blockchain mainnet project that connects the blockchain and the real world.

SOURCE YGGDRASH