New ZK-rollup Testnet: Taiko ⏅

3 days ago TaikoXYZ announced their Alpha Testnet.

Tutorial: INTERACT and run a NODE with Taiko Testnet and get a POAP!

🧵 How to position yourself for $TKO airdrop, if it happens:

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What is Taiko?

It's a Type 1 (Ethereum-equivalent) ZK-EVM.

Another Layer 2 scaling solution for Ethereum, like zkSync and Starknet

• Founded by the former CEO of Loopring

• They claim they are "well funded". List not public yet

In-depth info: 🔗 taiko.xyz/docs/intro/faq

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TOKEN CONFIRMED: Their token will be called $TKO

• Although the fees are paid in ETH, block proposers get revenue for burning $TKO and paying ETH to Ethereum L1 Validators

• Mechanim: TKO will be minted to reward proof verification by block provers

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What's the current stage of the project?

3 days ago, Taiko announced their Alpha-1 Testnet, called "Snæfellsjökull". Deploying on mainnet in 2023!

We can interact with Alpha Testnet right now.

Strategy below 👇

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TESTNET STRATEGY

STEP 1: Get faucets tokens

• l1faucet.a1.taiko.xyz

• l2faucet.a1.taiko.xyz

STEP 2: Bridge tokens from ETH-A1 & Taiko-A1

• bridge.a1.taiko.xyz

STEP 3: Deploy smart contract tutorial: youtu.be/wlSCIoI9Nho (shoutout to Kethic community member)

STEP 4: Run a node. Here is a tutorial below 👇

Links in the tutorial so you can copy-paste:

• git-scm.com/download/win

• docs.docker.com/desktop/install/windows-install/

• github.com/taikoxyz/simple-taiko-node.git

Here is the discord message directly (shoutout to Luuk community member): discord.com/channels/984015101017346058/997607633383067729/1058359118940885062

STEP 5: Don't forget to send tokens to your friends (regular transactions)

STEP 6: Submit any feedback here: github.com/orgs/taikoxyz/discussions/new?category=feedback&title=Testnet%20feedback%20form&body=%23+Friction+log%0D%0A-+TODO%0D%0A%0D%0A%23+Other+notes%0D%0A-+TODO%0D%0A

More details: 🔗 taiko.xyz/docs/alpha-1-testnet/start-here

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💡 Alpha: you'll be able to claim a POAP (in February 2023) for completing a minimum of 2/3 tasks before Jan 31st, 23:59 UTC.

Tasks:

• Using the bridge (mentioned above)

• Send transactions between wallets

• Interact with contracts (or deploy one)

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Will there be an airdrop? 🪂

There is no information about any airdrops or eligibility criteria yet. We should stay tuned for it if the decide to announce it.

In the mean time, doesn't hurt to interact and earn that POAP while we are still early!

⚡️

Scaling the Ethereum L1 blockchain ⚡

How to participate in Scroll Testnet (zkEVM network) and potentially get $SCROLL airdrop

A thread: what is Scroll 👇

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STEP 1: Enter prealpha.scroll.io

STEP 2: Add Scroll L1 Testner & Scroll L2 Testnet to your MetaMask

STEP 3: Don't forget to add test tokens so you can play around the ecosystem

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STEP 4: get test ETH & USDC: prealpha.scroll.io/faucet/

STEP 5: Bridge from Scroll L1 to Scroll L2

STEP 6: Swap using the DEX (Swap feature)

STEP 7: Add Liquidity

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STEP 9: Provide feedback on discord or via form:

docs.google.com/forms/d/e/1FAIpQLSdWjFycIjGATxVAMBazZ7ky3DZFJYO5mA6S0nSpwmzwU1MwVw/viewform?usp=send_form)

STEP 10: Do the Orbiter Finance bridge transfer

rinkeby.orbiter.finance (Orbiter has no token yet)

Ethereum Goerli -> Scroll L2 Testnet

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What are zkEVMs?

These are zero-knowledge EVM solutions (built on top of Ethereum virtual machine)

Why are they needed?

"In the medium to long term, ZK rollups will win out in all use cases as ZK-SNARK technology improves". — @VitalikButerin

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What @Scroll_ZKP brings to the table: another solution that aims to scale the Ethereum blockchain, using zero-knowledge technology.

How are they different from other ZK solutions?

• Scroll supports stuff built on EVM

• StarkNet uses an own virtual machine

6/9

Scroll features:

• 10+ DApps already deployed

• PreAlpha testnet launched

• TPS: with no data sharding, 1000-2000

• Open source

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Scroll Airdrop for early users? 🪂

No airdrop was confirmed so far. However, we can test the chain, following the steps before.

• Vitalik, Barry Whitehat, Chih-Cheng Liang and Konstantopoulos made reviews of Scroll

• The team consists of 20 people (they are hiring)

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Alpha tip: join their discord and be active there:

🔗 discord.gg/GQxeCTA4dJ

$HOP or $ACX gave an airdrop for social activities.

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Alpha 2: $UNI holders voted for Uniswap v3 to be deployed on Scroll testnet.

🔗 snapshot.org/#/uniswap/proposal/0x5ad7208d9ccad93dbc96abc12bfeffcfe83e96b9782e5135727cdaaf494d70f3

Get Alpha Telegram Alerts: t.me/OlimpioAlpha