Tezos Launches its BetaNet After Numerous Issues and Delays

Tezos Launches its BetaNet After Numerous Issues and Delays
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After almost an entire year of various issues, Tezos is finally ready to launch its BetaNet and has announced when the MainNet will go live.

The road so far was rough for Tezos

After Tezos became the second largest ICO in 2017, everyone expected great things from the new crypto. However, that is when things started to get complicated and, in the next twelve months, Tezos went through a lawsuit, many delays, and internal power struggles. Still, the crypto managed to survive and has now launched its BetaNet, with MainNet being just around the corner.

Tezos has struggled with many issues and, soon after its ICO, there was little in the way of progress. This and their various internal issues have caused several investors to lose faith in the project and subsequently sue the crypto’s founders.

Tezos is finally back on track

The project is now ready to issue tokens to the initial investors, after an entire year of delays. The foundation has finalized details regarding the genesis block and the completion of seven cycles will allow users to validate blocks. This is expected to come in about three weeks.

Tezos Launches its BetaNet After Numerous Issues and Delays

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Kane Dane