Trending now

Andrew Gantner Krienke Spotlighted in Industry Feature…

Franck Muller Unveils Groundbreaking Collaboration with Solana:…

We Pickup Clothes Surpasses One Million Pounds…

We Pickup Clothes Expands Free Donation Pickup…

Pepe Heimer Introduces AI-powered Yield Optimization and…

Harry Sidhu Shares His Inspiring American Dream…

Marjorie Jeffrey on The New Growth Stack:…

Annapolis-Based Engineer Alexander Habighorst on the Importance…

Cincinnati Solar Company Opens Investment Round

LAXMINT Empowers Artisanal Gold Mining via Digital…

Mrjung.net

  • Ethereum
    • Ethereum

      The Anatomy of Anonymity: How Dandelion Could Make…

      September 13, 2018

      Ethereum

      A Newly Launched Stablecoin You’ve Never Heard of…

      September 13, 2018

      Ethereum

      Bitstamp: An Overview of the Industry’s Oldest Active…

      September 13, 2018

      Ethereum

      Bitcoin Price Analysis: Strong Rally Tests Trend-Changing Behavior

      September 13, 2018

      Ethereum

      Bitcoin as a Privacycoin: This Tech is Making…

      September 13, 2018

  • Bitcoin
    • Bitcoin

      Abra CEO Believes Bitcoin ETF Eminent, SEC Just…

      September 13, 2018

      Bitcoin

      Mt. Gox Opens Rehabilitation Filing System to Corporate…

      September 13, 2018

      Bitcoin

      World Economic Forum and the Chinese Cryptocurrency Space

      September 13, 2018

      Bitcoin

      Federal Judge Applies Long Established Securities Law to…

      September 13, 2018

      Bitcoin

      Biking Across America, Crypto Cyclists Look to Raise…

      September 13, 2018

  • Markets
    • Markets

      OKEx Founder Released After Questioning in Connection With…

      September 13, 2018

      Markets

      Two-for-One: SEC Slaps Crypto Hedge Fund, Broker With…

      September 13, 2018

      Markets

      Ripple and R3 Reach Settlement in Year-Long Court…

      September 13, 2018

      Markets

      DevCon 4 Will Set the Stage for Ethereum’s…

      September 13, 2018

      Markets

      Stellar-Based Lightyear Acquires Chain, Forms New Entity

      September 13, 2018

  • Guides
    • Guides

      Bitcoin Magazine’s Week in Review: Lightning, Launches and…

      September 13, 2018

      Guides

      Equity Trust Builds New Frontier of Crypto-Based Retirement…

      September 13, 2018

      Guides

      Crypto, Blockchain Companies Shine in LinkedIn’s Top 50…

      September 13, 2018

      Guides

      Distributed Dialogues: Governance and Decentralized Platforms

      September 13, 2018

      Guides

      Battle of the Privacycoins: Why Dash Is Not…

      September 13, 2018

  • Analytic
    • Analytic

      Bitcoin crash: This man lost his savings when…

      September 13, 2018

      Analytic

      Bitcoin crash: This man lost his savings when…

      September 13, 2018

      Analytic

      Lightning Ramp and Casa Join Hands to Develop…

      September 13, 2018

      Analytic

      You Can Now Pay With Bitcoin Via Lightning…

      September 13, 2018

      Analytic

      Abra Supports SEPA Bank Transfers, Enabling Crypto Purchases…

      September 13, 2018

  • Exchange
    • Exchange

      IBM Introduces ‘World Wire’ Payment System on Stellar…

      September 13, 2018

      Exchange

      Lightning Is Made at the #LightningHackday Series in…

      September 13, 2018

      Exchange

      Pellentesque mattis ex eget malesuada consequat. Sed blandit…

      September 13, 2018

      Exchange

      Goldman Sachs Puts Plans for a Crypto Trading…

      September 13, 2018

      Exchange

      Pellentesque mattis ex eget malesuada consequat. Sed blandit…

      September 13, 2018

  • Contact
Mrjung.net
News

Opside Pre-alpha Incentive Testnet Goes Live with Public zkEVM and PoW ZKP Mining

by Binary News NetworkJune 6, 20230255

Hong Kong, 6th June 2023, ZEX PR WIRE, We are thrilled to announce the official launch of Opside’s first Public zkEVM Chain. This milestone marks an exciting moment for Solidity developers worldwide, who can now actively deploy and interact with relevant contracts on the chain. Alongside this, the much-anticipated feature, PoW ZKP Mining, has also been activated. This unique feature empowers miners to contribute computational power, generate ZK proofs for ZK-Rollup, and earn corresponding points rewards!

Since its launch on May 24, 2023, the Opside Testnet has shown significant momentum. To date, the pre-alpha testnet has successfully processed an impressive 2,038,968 transactions, fostering a dynamic community of 45,236 unique users. The stability and security of the network are maintained by an extensive network of 1,713 nodes, working in unison to provide a reliable, secure platform for users.

Public zkEVM Chain

The newly launched ZK-Rollup will function as Opside’s official Public zkEVM chain, providing an open and accessible platform for all developers. This innovative chain is built upon Polygon’s open-source zkEVM framework, introducing improved programmability and user experience. The advent of this Public ZK-Rollup opens a world of possibilities for solidity developers worldwide who can now deploy on the platform, experiencing first-hand the transformative benefits of ZK-Rollup’s groundbreaking technology.

Custom zkEVM Chain

The Opside ecosystem is rapidly expanding, already boasting the involvement of over 25 high-quality projects. Some of these projects, particularly those with high throughput requirements, will have their own ZK-Rollup chains. This feature allows them to deploy their applications and fully utilize chain resources, thereby optimizing their operations. Developers or project teams meeting the necessary criteria can conveniently generate ZK-Rollup chains, browsers, bridges, and other essential settings via the ZK-Rollup Launchpad. As part of its comprehensive service offering, the Opside network will provide the data availability layer and computational power, amongst other foundational features.

A key aspect of Opside’s model is that the sovereignty of the ZK-Rollup chain will wholly belong to the project teams. They have the freedom to set the gas fee token, gas price, and select the zkEVM SDK (including Polygon zkEVM, Scroll, zkSync, etc.) that best aligns with their project requirements. Presently, most dApps are in the active deployment phase, and many more projects are engaging in discussions with Opside to join the platform. We are optimistic about the emergence of a vibrant and diverse ZK-Rollup ecosystem in the near future.

PoW mining

Parallel to the launch of the Public ZK-Rollup, Opside has introduced PoW mining incentives. PoW miners, serving as an integral part of the ecosystem, can contribute computational power, generate ZK proofs for each ZK-Rollup, and in return, receive loyalty points rewards. Notably, major miners such as Ingonyama and Bitmain have committed to participating in the pre-alpha testnet, demonstrating their support for Opside’s network development.

The PoW whitelist application window has now closed, having received a substantial 2,201 miner applications from 52 countries in less than a month. In a bid to foster an inclusive community, Opside has lowered the entry barrier for miners, encouraging a greater number of participants to contribute to the Opside network. Additionally, Opside has future plans to launch the GPU version of ZKP Mining around the end of July, inviting all interested parties to participate.

ZK-Rollup as a Service

The initiation of the Public zkEVM and PoW ZKP Mining indeed marks another significant milestone for Opside.

  • The Public zkEVM represents the initial phase towards the comprehensive functionality of ZK-RaaS (ZK-Rollup as a Service). We warmly welcome developers and projects to deploy on this Public ZK-Rollup chain and aid in evaluating its stability and performance.
  • On the other hand, the launch of PoW ZKP Mining represents a significant step towards enhancing the security and performance of the Opside network. By harnessing the computational power provided by miners, Opside can generate ZKP for ZK-Rollups, ensuring the stability and integrity of the network while simultaneously enabling a more decentralized and robust ecosystem.

This milestone is not just another step in Opside’s roadmap, but it also serves as a testament to the potential of this revolutionary platform. As Opside continues to innovate and deliver on its commitments, it is paving the way for a future where ZK technology is more secure, efficient, and accessible to all. As Opside moves forward, the successful launch of Public zkEVM and PoW ZKP Mining showcases the project’s potential and momentum. It is a clear signal that Opside is not only poised for success but is also shaping the future of the ZK ecosystem.

The Post Opside Pre-alpha Incentive Testnet Goes Live with Public zkEVM and PoW ZKP Mining first appeared on ZEX PR Wire



Information contained on this page is provided by an independent third-party content provider. Binary News Network and this Site make no warranties or representations in connection therewith. If you are affiliated with this page and would like it removed please contact [email protected]

Share0
previous post
Jurin Rejoices! THAIFEX – ANUGA ASIA 2023 Generated More Than 120,000 Million Baht in Revenue and Over 130,000 Visitors, With An Increase of 150% For International Visitors
next post
Solidity Finance Announces Company Rebrand to SourceHatJune 6th, 2023
Binary News Network

Related posts

Dr. Liesl Folks, Vice President for Semiconductor Strategy at the University of Arizona, Highlights Moments From Her Career Thus Far

Binary News NetworkJune 21, 2024

Sastanaqqam presented a Masterstroke event at the VOCO hotel in Dubai

Binary News NetworkOctober 26, 2022

KandyGirl Offering FREE Edible Delta 9 THC Gummies in Limited Labor Day Special

Binary News NetworkSeptember 6, 2022

Recent Posts

  • Andrew Gantner Krienke Spotlighted in Industry Feature Highlighting Purpose-Driven Leadership in Hospitality
  • Franck Muller Unveils Groundbreaking Collaboration with Solana: A Fusion of Swiss Craftsmanship and Blockchain Innovation
  • We Pickup Clothes Surpasses One Million Pounds of Clothing Diverted from Landfills Across Chicagoland
  • We Pickup Clothes Expands Free Donation Pickup Service to 75+ Cities Across Chicagoland, Making Giving Back Easier Than Ever
  • Pepe Heimer Introduces AI-powered Yield Optimization and Launches PEHEM Token Presale

Popular posts

Mohammed Mukhtar 25 has gone back to the...

Binary News NetworkMarch 16, 2023
March 16, 2023

WEMIX Listed on US Cryptocurrency Exchange TAPBIT

Binary News NetworkAugust 31, 2023
August 31, 2023

New iPhone 12 MagSafe case colors for 2021...

Binary News NetworkApril 4, 2021
April 4, 2021

Brezlin Estates LLC: Lisbon Tourism Market Insights

Binary News NetworkNovember 12, 2024
November 12, 2024

Hypersonic Laboratories, Creator of HELIX Metaverse, Raises $3.5...

Binary News NetworkSeptember 15, 2022
September 15, 2022

MEXC Global Adds Support for Stablecoins USDT and...

Binary News NetworkJuly 13, 2021
July 13, 2021
@2022 - mrjung.net. Manage by Binary News Network
Mrjung.net
FacebookTwitterInstagramGoogleYoutube
  • Ethereum
  • Bitcoin
  • Markets
  • Guides
  • Analytic
  • Exchange
  • Contact