Saga Announces the Launch of Pegasus

San Francisco, California, October 30th, 2023, Chainwire

Highly Anticipated Incentivized Testnet Leads Latest Milestones that Include SAGA Token Airdrop and 282 Saga Innovator Projects from Layer-1 Protocol

The wait is over. Saga, a leading Layer-1 protocol and developer ecosystem in web3 gaming, today launched their Incentivized Testnet, named Pegasus, giving game creators even more freedom to unleash their creative expression on Saga. The kickoff is the first step leading to a six-part launch sequence for the full-featured Saga Protocol V1 Mainnet scheduled for early 2024 that will unblock developers and consumers from realizing blockchain’s true potential.

First revealed at the Saga Multiverse Summit in August, Pegasus has undergone accelerated development from its original roadmap to support both Saga’s Innovators and partners. The Saga Protocol offers an integrated stack of automated, high-performance, gasless, interoperable and customizable chains, called Chainlets. The Saga Chainlet Realm will be the main Realm on the protocol. Earlier this year, Saga unveiled Realms, the technical manifestation of the Saga Multiverse – Saga’s platform that allows disparate tech stacks and IPs to deploy on the protocol and interact with each other through parallelized and interoperable dedicated chains.

Saga Realms enables developers to launch customizable chains on Saga with different features and services such as technology stack, security source and various obligations for those sources. Under the framework of Realms, the standard Saga Chainlet became one Realm of many that will be supported in the near future, including those for our partners at Ethereum (Ethlets), Polygon, Avalanche, Celestia, XPLA and many others. Today’s launch will support configurable Realms out of the gate.

The Pegasus Incentivized Testnet features the Saga Chainlet Realm and the following architectural components necessary for all other Realms to be onboarded. Together, the security chain and the platform chain will constitute the Saga Mainnet.

Security chain – serves as the first of many security sources for the Saga protocol
Platform chain – the destination where developers launch and maintain their Chainlets

Go to Source to See Full Article
Author: Crypto Daily™

Did you like this?
Tip BTC Newswire with Cryptocurrency