Cardano's Shelley incentivized testnet will launch in November

The incentivized testnet of Shelley, the next iteration of the Cardano blockchain, is set to roll out in November.

Users on the incentivized testnet will be able to earn real ADA rewards from staking that will be moved to the mainnet once Shelley officially rolls out.

After teasing its tight-knit community with the launch of an incentivized testnet for the next iteration of Cardano, IOHK has finally released more details on its blog post.

Earlier this year, the company launched a testnet for Shelley, a new era of the Cardano blockchain that will bring about staking, and is now set to roll out a new, incentivized version.

According to Dynal Patel, senior product manager at Cardano, joining the incentivized testnet will enable all ADA holders to earn real ADA rewards.

Patel explained the company decided to launch an incentivized testnet in order to ensure Ouroboros runs smoothly.

The complexity of such a protocol requires "Stable and robust foundations," Patel said, which is why IOHK chose to implement it in an incentivized testnet first.

According to Patel, the incentivized testnet will begin with a snapshot of all the ADA balances held across the mainnet.

Any user who holds or transfers their ADA to one of several approved wallets at the time of the snapshot can participate in the incentivized testnet.

After the snapshot is completed, users will be able to access their testnet wallets the same way they would access their mainnet wallet.