Decentralized clearing network Yellow Network launches testnet phase

Decentralized settlement network Yellow Network has launched its testnet phase. The team stated that the testnet will use a clearing system (clearing synchronization) to focus on testing key functions of the trading terminal, including but not limited to: opening and closing clearing channels with trading counterparts, off-chain market trading, using blockchain custody swaps for transaction settlement, deploying broker nodes and mining liquidity. Upcoming features include cross-chain settlement and enhanced security measures.

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