Ault Capital Unveils Public Testnet for Layer 1

Ault Capital Group has introduced the public testnet for Ault Blockchain, granting developers, validators, and infrastructure providers initial access to its Layer 1 network. The release represents the protocol’s first public milestone after an extended period of private development and internal testing.

The company has positioned Ault Blockchain as a foundational layer designed to support trading, settlement, and institutional-grade on-chain infrastructure. According to Ault Capital, the testnet environment is intended to assess the network’s core functionality and operational stability before progressing toward a full mainnet deployment.

Unlike many recent Layer 1 projects, Ault Blockchain is adopting a measured rollout strategy. The company has limited early participation and opted not to pursue a public token sale. This approach reflects a deliberate effort to prioritize technical validation and long-term stability over rapid capital formation or speculative interest.

The network is built using a Cosmos-based architecture while maintaining full Ethereum Virtual Machine compatibility. This design enables Ethereum-native smart contracts and developer tools to operate on Ault Blockchain without requiring code modifications. By combining Cosmos interoperability with EVM support, the protocol aims to attract developers familiar with Ethereum while leveraging scalable infrastructure.

Governance of the network is managed through Ault DAO, which oversees protocol rules, economic parameters, and system upgrades via on-chain voting mechanisms. The DAO structure is already active on the testnet and is expected to continue in the same form once the mainnet launches.

Emissions Model and Institutional Focus

Ault Capital has indicated that the public testnet will serve as a live environment to evaluate validator performance, consensus mechanisms, and overall infrastructure reliability. Feedback gathered during this phase will be used to refine the protocol before it transitions to mainnet operations.

The company has confirmed that it will not conduct a public token offering. Instead, distribution of the native AULT token will occur through a protocol-controlled emissions framework. Token issuance is tied to measurable participation metrics, including contributions to consensus security and licensed infrastructure operations. The company has clarified that speculative trading activity will not determine token allocation.

Milton Todd Ault III, founder and executive chairman of Ault Capital Group, stated that the protocol was designed around clearly defined financial use cases rather than market-driven token demand. He indicated that the economic structure has been engineered to support sustainable network operations from inception, contrasting it with launch models that rely heavily on short-term incentives but struggle to maintain consistent engagement over time.

Infrastructure Partnerships and Participation Structure

Several infrastructure partners are supporting the testnet rollout. B-Harvest is contributing to core protocol engineering and architectural development. Xangle is building blockchain explorers and data hubs, while QuickNode is providing remote procedure call infrastructure. Protofire is assisting with tooling related to Safe environments for EVM-compatible systems.

Ault Blockchain also introduces a licensed participation model for certain specialized infrastructure roles. Licensed Mining Nodes are authorized to perform designated off-chain services, beginning with cryptographic randomness functions. Meanwhile, Proof-of-Stake validators and delegators are responsible for securing the network and earning transaction fees under DAO-governed economic rules. The separation between validation duties and specialized services is intended to preserve operational clarity and structural integrity.

The public testnet follows an initial security audit of the protocol. Additional validator onboarding and ecosystem-level testing are planned before the mainnet launch. At genesis, the mainnet is expected to include core modules, EVM compatibility, an initial validator set, and active on-chain governance. While higher-level applications such as decentralized trading, lending, and derivatives are under consideration, they are not yet operational.

For now, the company’s focus remains on network stability rather than rapid application expansion. Market observers suggest that Ault Blockchain’s long-term traction will depend on whether its governance structure and institutional orientation resonate with organizations seeking compliant and controlled on-chain environments. The public testnet provides the first opportunity for participants to evaluate whether that vision translates into a functional and dependable network.

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