Taiko Token Airdrop Guide: Alpha-3 Testnet How To Guide

Taiko Token Airdrop Guide: Alpha-3 Testnet How To Guide

Welcome to our comprehensive guide on the Taiko Token Airdrop, specifically focusing on the Alpha-3 Testnet phase. In this guide, we will walk you through everything you need to know about participating in the airdrop and maximizing your rewards. Our aim is to provide you with the most accurate and detailed information, ensuring that you can stay ahead of the curve and take full advantage of this exciting opportunity.

Taiko Token Airdrop Guide: Alpha-3 Testnet How To Guide

What is Taiko Token?

Before we delve into the airdrop details, let’s take a moment to understand what Taiko Token is all about. Taiko Token is a groundbreaking blockchain project that aims to revolutionize the digital advertising industry. Built on the robust and secure Taiko blockchain, the token serves as a means of exchange within the ecosystem, empowering advertisers, publishers, and consumers alike.

Taiko is a decentralized Ethereum-equivalent ZK-EVM and general-purpose ZK-Rollup that allows developers and users of dApps developed for Ethereum L1 to be used on Taiko without any changes. As a result, dApps can be easily deployed to L2, inheriting Ethereum’s security while incurring lower transaction fees than on L1.Taiko recently launched the Taiko Alpha-3 Testnet and confirmed a token launch, which means early users can potentially earn huge airdrop rewards. The current Alpha-3 testnet is incentivized, meaning that by completing various tasks, you increase your chances of qualifying for the airdrop

Purpose of Taiko Token Airdrop Alpha-3 Testnet

The Taiko Alpha-3 Testnet, known as Grímsvötn, is a test network for the Taiko blockchain built on zkEVM technology. The primary objective of this testnet is to evaluate the economic design and implementation of new protocols, including fee/reward structures.

The Taiko blockchain aims to be a decentralized and Ethereum-equivalent (Type 1) ZK-EVM, prioritizing perfect EVM/Ethereum equivalence over ZK-proof generation speed. The Type 1 ZK-EVM that Taiko is applying for works fully compatible with Ethereum, allowing developers to seamlessly migrate DApps between Ethereum and Taiko without risking contract failures.

The Taiko Alpha-3 Testnet is critical in testing the network design and components, including the new protocol economics design and implementation. The testnet will also be important in testing the Bridge using partial Merkle proofs to verify signals/messages.

In summary, the purpose of the Taiko Alpha-3 Testnet is to evaluate the economic design and implementation of new protocols, including fee/reward structures, and to test the network design and components of the Taiko blockchain built on zkEVM technology.

General technical description of ZK-EVM type 1

Ethereum equivalent ZK-Rollups, also known as ZK-EVM, are the ideal layer 2 scaling solution as they do not sacrifice security or compatibility. Taiko claims to be a type 1 ZK-EVM, putting the perfect EVM / Ethereum equivalence over the ZK test generation speed.

The various types of ZK-EVM can be distinguished by how they adhere to Ethereum architecture in the base layer, such as Merkle Patricia Tree for state trees, the execution customer specification and gas costs for each operating code.

These ZK-EVMs compromise between compatibility and test generation cost, and Type 1 ZK-EVMs prioritize cost compatibility. This type is also known as « equivalent to Ethereum » because it does not alter any aspect of Ethereum architecture, including hash function, state trees, and gas costs. This allows existing execution clients to be reused with minimal modifications.

Who is the team behind Taiko?

Taiko Labs is co-founded by daniel wang, the founder and former CEO of Loopring, an EVM DEX protocol powered and scaled by zero knowledge test technology. In July 2022, Wang brought Brecht Devos, its former chief architect at Loopring, to lead the project’s zero knowledge research and development team. As of now, the company has more than twenty people in thirteen countries, and most people have engineering and crypto experience.

Taiko Token Airdrop Step-by-Step Guide

Here’s a step-by-step guide on how to get a potential Taiko ($TKO) token airdrop:

  1. Add Taiko Network to MetaMask
  2. Claim Faucet Tokens
  3. Bridge Testnet Tokens
  4. Deploy a Smart Contract to Taiko A1
  5. Run a Node on Taiko

See below for more details.

How to join Taiko Token Airdrop?

Step by Step Guide “Taiko Grímsvötn Alpha-3  Testnet”

The test focuses primarily on the interaction between bidders, proofreaders and the protocol, driven by economic incentives. In addition, it includes the deployment of Taiko on top of Taiko as an L3, taking advantage of the reusable design of the type-1 architecture known as “ start layers ”.

  1. Metamask your wallet and Ethereum Sepolia Testnet both Taiko Alpha-3 Testnet Configure with networks .
  2. Sepolia Goerli Faucet go and ask for $ETH test coins.
  3. Pass your wallet to Taiko Alpha-3 Testnet and provided  using configuration add special tokens (HORSE, BLL and TTKO) .
  4. Taiko bridge go to the interface, change your wallet to Sepolia Goerli, select “HORSE” from the drop-down menu and ” Faucet Click “. Repeat the same step for “BLL” tokens.
    *  Note that $TTKO will not be distributed at Alpha-3 launch, it will be distributed shortly. 
  5. Now install ETH, HORSE and/or BLL bridge from Sepolia to Taiko. Also, ” Transactions You can also try to request the transfer manually by clicking the ” Request Et“ button under the ” tab .
    * Note that Tx will fail intentionally at 50% ’ of the time as part of the test process.
  6. One Run the Taiko knot, a prover / Proposer enable, one contract deploy and function verify and on Taiko Create ÐApp.
  7. Report any errors you encountered during the test and  in feedback Find .

Does Taiko have a token?

Yes, Taiko Labs confirmed it in her white paper they will have a Token Taiko ( $ TKO ). The protocol coined $ TKO to reward block verifiers. The token is transparent to L2 users, providing a perfect user experience equivalent to that of the Ethereum chain.

Users will pay transaction fees at ETH, and block proponents will receive these rates for each block they successfully propose. In exchange, block proponents must burn a certain amount of $ TKO to participate in the protocol and pay ETH to Ethereum validators for inclusion of the block in L1 blocks.

Taiko Alpha-1 Testnet – Confirmed Airdrop Strategy

Taiko released her Alpha-1 test network at the end of December 2022. It consists of two networks: Taiko A1, a fully decentralized ZK-Rollup equivalent to Ethereum, and Ethereum A1, the latter serving as the L1 network. The test network includes L1 and L2 nodes with Taiko protocol contracts implemented and a 12-second mining interval. in his user documentTaiko has a guide on what users can do on the test network, which clearly suggests a possible airdrop strategy.

The best way to receive $ TKO airdrop is to join tokens between Ethereum A1 and Taiko A1, implement smart contracts and run a node. Completing these steps puts you in an excellent position to be eligible for an airdrop. Here is a step-by-step guide:

  1. Add Taiko Network to MetaMaskYou can automatically add Taiko A1 and Ethereum A2 to your MetaMask in your wallet settings page. If it doesn’t work, you can manually add the networks instead. RPC configuration page.
  2. Claiming faucet tokensAfter adding the network to your MetaMask, you will need testnet tokens to interact with your protocol. Go to l1faucet.a1.taiko.xyz for Ethereum A1 ETH, and l2faucet.a1.taiko.xyz for Taiko A1 ETH. You will need to do a Tweet and put your wallet address in the post. Copy the link from your Tweet and paste it into the application box as shown in the image below. This is to prevent bots from abusing the tap.
  3. Bridge Test Network TokensNow you can use the bridge to transfer assets between Ethereum A1 and Taiko A1. As a prerequisite, you will need some testnet ETH on any of the A1 networks. Some transfers may take a while, but you can verify your transactions in your bridge contracts.
  4. Deploy a smart contract in Taiko A1You will need to install Foundry to implement a smart contract on Taiko A1. You only need to have the private key to an account that has some ETH in Taiko A1 to pay the small transaction fee to implement the contract. It should only take about 15 minutes. Taiko has a complete guide on this here.
  5. Run a node in TaikoAccording to the team, this is the most important part of the test network, as Taiko is a community-driven protocol. This step is only most likely to qualify you for a possible air launch. The complete guide is in your user document. But if you’re still confused, a contributor to your Discord channel posted a detailed guide about configuring a node for Windows.

Disclaimer: At Ohypes.com we are not responsible for any investment by any visitor, we simply give information about Tokens, NFT games and cryptocurrencies, we do not recommend investments

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