The Sidrabank development team has announced that they are currently in the process of transitioning from Testnet to Mainnet. This means that the Sidrabank app will be unavailable for use until the migration is complete. The team tweeted that;
“our app will not work until we complete the migration to the new MainNet. We are on the transition phase. We ask the users to wait until the new version is fully updated then come back to the app again.”
reminder ,, our app will not work until we complete the migration to the new MainNet
we are on the transition phase
we ask the users to wait until the new version is fully updated then come back to the app again..
— SidraChain (@sidrabank) November 6, 2023
The Sidrabank team has not yet announced a specific timeframe for the completion of the migration. However, they have stated that they are working hard to get the app up and running again as soon as possible.
This is a major development for the Sidrabank project. The transition Testnet to Mainnet will allow Sidrabank to operate on a more secure and scalable network. It will also allow Sidrabank to integrate with other decentralized applications (DApps) on the Ethereum blockchain.
The Sidrabank team has been working hard on this transition for many months. They are confident that the migration will be a success and that Sidrabank will be able to provide its users with a more robust and user-friendly experience.
In the meantime, the Sidrabank team has encouraged users to stay up-to-date on the latest news and developments by following them on social media.
Sidra Bank, the first cryptocurrency platform with a religious affiliation, is a platform for investing in digital assets. With Sidra Bank, the Muslim Community Will Engage in Digital Investment While Adhering to Moral Precepts.
Though anybody can trade in digital assets on the platform, Muslims are more favored as the platform is built in conformity with Islamic teachings.
According to it’s white paper, Sidra Bank aims to create a currency trading platform using cutting-edge technology as an alternative to those found in other trading platforms, and offer options that are morally acceptable rather than illegal or dubious, like the Lever Financial, mortgage lending, borrowing, and other Islamic alternatives. Read More
