Privacy Blockchain Namada recently announced via its official platform that its Pre-Genesis Phase 1 will officially end at 5:00 AM UTC on September 17th. This marks a move from the initial stage to a new development phase for the project. Following the conclusion of phase 1, Namada will enter the next phase - the staking phase. During this phase, users can still participate in creating validators, but will not be able to edit or delete any created validators. This arrangement is designed to ensure system stability and security, as well as provide clear operational guidance and time planning for users. By methodically advancing through each phase, Namada aims to build an efficient, secure decentralized network environment that offers users a more private and reliable trading experience.