You're contacting media contact of this press release

Title: UPCX Has Announced That it Will Release its Testnet in The Third Quarter of 2024

Singapore, Singapore, 20th Jul 2024, King NewsWire - UPCX has announced that it will release its testnet in the third quarter of 2024. Over the past six months, UPCX has made rapid progress in technical development and has been continuously preparing for the upcoming testnet. This period has witnessed significant breakthroughs and innovations by UPCX in the field of blockchain technology, showcasing its strong commitment to building an efficient, secure, and flexible blockchain ecosystem. With the testnet set to go live, UPCX may usher in a new wave in the blockchain industry.2023 Q4: Laying the Foundation with Key TechnologiesBeacon Engine and Multi-Thread were two key achievements of UPCX in the fourth quarter of 2023. The introduction of Beacon Engine technology marked the realization of shard chains, an essential milestone in blockchain scalability. By dividing data processing tasks, shard chains significantly improve the processing capacity and speed of the blockchain, enabling the UPCX network to process more transactions without sacrificing security. This progress not only enhances the network's throughput but also significantly reduces transaction latency, laying the foundation for future high-frequency transactions and large-scale application scenarios.At the same time, implementing Multi-Thread technology leverages the powerful processing capabilities of multi-core processors, dramatically increasing the system's concurrent processing capabilities and overall security. UPCX can significantly improve processing efficiency while ensuring data security by utilizing multi-threaded encryption and cryptanalysis methods. These technological advancements provide a solid foundation for UPCX's high performance and stability, ensuring the successful operation of the...

This press release is issued by King Newswire