Launch follows 1.8 million testnet wallets
Autheo launched its Mainnet on 29th June 2026 after five years of development and a public testnet that passed 1,812,088 wallet addresses, 968,502 smart contracts and 8.8 million transactions.
The Sheridan, Wyoming-based company describes the network as a decentralised operating system. It aims to let web services, Web3 apps, crypto networks and AI agents work together on the same identity, messaging and execution layer.
The system also includes post-quantum security for digital identity, tokens, smart contracts and agentic AI. Its trust and identity layer is built to resist future quantum attacks.
Scott Bayless, managing director and co-founder, said: “We didn’t set out to build just another network. We set out to find the right relation between the ones we already have.”
Autheo was founded in July 2021 by Todd Mortenson and Bayless. The project was built around four core parts: TheoID, PQCNet, a sovereign Cosmos SDK Layer 0 with native IBC interoperability, and an EVM-compatible Layer 1 execution environment.
TheoID is a W3C-compliant decentralised identity system for users, services and AI agents. PQCNet uses NIST standards including ML-KEM, ML-DSA and SLH-DSA.
May 12 growth surge
Autheo opened its public testnet in 2025. In its first 12 months, the network drew 350,000 wallets and 60,000 smart contracts.
After the Mainnet Phase 1 announcement on 12th May 2026, growth accelerated. Wallet addresses rose more than five times, while smart contracts increased more than 15 times in the next 45 days.
Those totals came from Autheo network data dated 24th June 2026. The company says users can verify the figures on its public testnet explorer, including verified contracts.
Bayless added: “With Mainnet now live, Autheo is the layer where the web, the chain, and the agent can finally work together.”
The network runs as a Proof-of-Stake system with delegated staking and licenced validators. It uses CometBFT consensus for block finality under what the company calls “Proof of Autheo”.
Engineering is led by CEngO Kenneth Harper. Contributors come from MIT, Harvard, Stanford and Caltech.
Halborn audited the testnet and CertiK audited the Mainnet. Autheo also lists Zeeve, InfStones, Hydrex, TrustSwap, Team.Finance and Utila among its partners.
Todd Mortenson, managing director and co-founder, said: “Mainnet is live.”
